Rated Agency: Selected Bibliography

October 19th, 2018

The hegemony of finance compels a new orientation for everyone and everything: companies care more about the moods of their shareholders than about longstanding commercial success; governments subordinate citizen welfare to appeasing creditors; and individuals are concerned less with immediate income from labor than appreciation of their capital goods, skills, connections, and reputations.

That firms, states, and people depend more on their ratings than on the product of their activities also changes how capitalism is resisted. For activists, the focus of grievances shifts from the extraction of profit to the conditions under which financial institutions allocate credit. While the exploitation of employees by their employers has hardly been curbed, the power of investors to select investees — to decide who and what is deemed creditworthy — has become a new site of social struggle.

In clear and compelling prose, Michel Feher explains the extraordinary shift in conduct and orientation generated by financialization. Above all, he articulates the new political resistances and aspirations that investees draw from their rated agency.
Feher will discuss Rated Agency on Friday, October 26 at 6 pm at the Co-op.
Capital vol. 1, by Karl Marx
The General Theory of Employment, Interest and Money, by John Maynard Keynes
The Birth of Biopolitics. Lectures at the Collège de france 1978-1979, by Michel Foucault
The Empire of Value. A New Foundation for Economics, by André Orléan
Capitalizing on Crisis.The Political Origins of the Rise of Finance, by Greta Krippner
Managed by the Markets. How Finance Reshaped America, by Gerald Davis
Buying Time. The Delayed Crisis of Democratic Capitalism, by Wolfgang Streeck
Undoing the Demos. Neoliberalism’s Stealth Revolution, by Wendy Brown
Family Values. Between Neoliberalism and the New Social Conservatism, by Melinda Cooper
Portfolio Society. On the Capitalist Mode of Prediction, by Ivan Ascher

About Michel Feher: Michel Feher, a Belgian philosopher, is the author of Powerless by Design: The Age of the International Community and the editor of Nongovernmental Politics and Europe at a Crossroads, among other titles. Founder of Cette France-là, a monitoring group on French immigration policy, Feher is also a founding editor of Zone Books.


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