1.

Record Nr.

UNINA9910863110603321

Autore

Dal Maso Giulia

Titolo

Risky Expertise in Chinese Financialisation : Returned Labour and the State-Finance Nexus / / by Giulia Dal Maso

Pubbl/distr/stampa

Singapore : , : Springer Nature Singapore : , : Imprint : Palgrave Macmillan, , 2020

ISBN

9789811568244

9811568243

Edizione

[1st ed. 2020.]

Descrizione fisica

1 online resource (XIII, 225 p.)

Disciplina

332.64251

Soggetti

Economics - Sociological aspects

Ethnology

Economic Sociology

Sociocultural Anthropology

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di contenuto

1. Introduction -- 2. The Chinese Genealogy of Financial Expertise -- 3. Fostering Chinese Talents Abroad: The Paradox of the Returnees (Haigui) -- 4. Circuit of Expertise -- 5. Shanghai: The Returning City -- 6. The Financialisation Rush -- 7. The Precarious Ecology of Chinese Financial Expertise.

Sommario/riassunto

This book focuses on the subjectivities of stock market investors to explore tensions within the Chinese state's engagement in contemporary financial capitalism. The book adopts a genealogical method to investigate how the production of foreign-trained financial experts (haigui) and informal experts (sanhu) points to paradoxes in China's efforts to cultivate financial expertise. Chinese financialisation relates to the state's project of financialising human capital in reaction to a contractualised labour market and the vanishing welfare state. Through ethnographic inquiry, Dal Maso shows the Chinese stock markets are crucial to the new redistributive regime where wage labour risks losing its primacy. Here, one can observe how the relationship between money and wages in China is being reworked and witness the development of a new economic order in which the state's legitimacy



becomes increasingly dependent on its capacity to jiushi-to rescue the market intimes of crisis. Giulia Dal Maso is a postdoctoral researcher at the University of Bologna. Her research examines historical and contemporary dimensions of financialisation. She has published in South Atlantic Quarterly, Historical Materialism, Social and Cultural Geography and Journal of Cultural Economy.