Showing papers by "Eve Chiapello published in 2017"
TL;DR: In this paper, three different approaches to neoliberalism are identified (as a phase of capitalism, as a discourse and as governmentality): while dialogue may exist between them, they are still disjointed and built on different inquiries.
131 citations
TL;DR: In this paper, the authors study the classification operations that accompany changes in the French market that provides funding for social-sector organizations through financial and banking channels, and study these classification operations at three levels: the boundary-building work needed to create the idea of a new financing market (the impact investing (II) market), the fragmentation of the existing market for financing social organizations into subspaces governed by different assessment and classification regimes, and the effect of these classifications on the organizations being judged.
Abstract: »Die Doppelfunktion der Beurteilungsinstrumente. Warum die Pluralität der Marktklassifikationen zählt«. This article aims to advance understanding of the dual function of judgment devices (Karpik 2010) in markets. First, these devices support the construction of markets and their segmentation into classes of products, each segment being associated with different procedures for judging the quality or value of goods. Second, they organize classifications and a ranking of the things traded in the same market segment. The fragmentation of markets, understood as the cohabitation of several types of judgment devices, each one associated with different configurations of actors and practices, can then be seen as a welcome source of diversity, preventing the standardizing effects that would result from over-similar judgment devices. This article studies the classification operations that accompany changes in the French market that provides funding for social-sector organizations through financial and banking channels. We observe the arrival on this market of impact investing, the name given since the end of the 2000s to a set of venture capitalisminspired financing methods that originated in the USA and the UK. We study these classification operations at three levels: the boundary-building work needed to create the idea of a new financing market (the impact investing (II) market), the fragmentation of the existing market for financing social organizations into sub-spaces governed by different assessment and classification regimes, and the effect of these classifications on the organizations being judged.
57 citations
01 Jan 2017
TL;DR: In this paper, the authors describe a processus de transformation du monde par des pratiques, theories and instruments nes dans le secteur financier and utilises desormais for revisiting des questions a priori tres eloignees (sociales, environnementales, educatives, culturelles,...).
Abstract: Cet article porte sur la financiarisation, consideree comme un processus de transformation du monde par des pratiques, theories et instruments nes dans le secteur financier et utilises desormais pour revisiter des questions a priori tres eloignees (sociales, environnementales, educatives, culturelles,...). Cette financiarisation des politiques publiques semble decouler du projet de mobiliser l’epargne privee afin de desserrer les contraintes financieres des pouvoirs publics. Nous distinguons differentes operations qui, prises ensemble, constituent ce que nous appelons le « travail de financiarisation ».
30 citations
TL;DR: In this article, the authors compare the discourses accompanying Basel II with an in-depth analysis of its technical provisions for credit risk regulation, and show that, if the Basel reform was driven by a neoliberal political agenda, it counterintuitively resulted in a significant development of intrusive disciplinary processes for banks and their credit-management processes.
27 citations