Liquidated Culture as Occupational: Wall Street as an Example Socialization into a Culture: Becoming...

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Liquidated Culture as Occupational: Wall Street as an Example Socialization into a Culture: Becoming a Wall Street investment banker The Making of an Elite Hegemony: Wall Street’s Cultural Dominance of American Society

Transcript of Liquidated Culture as Occupational: Wall Street as an Example Socialization into a Culture: Becoming...

Page 1: Liquidated Culture as Occupational: Wall Street as an Example Socialization into a Culture: Becoming a Wall Street investment banker The Making of an Elite.

Liquidated • Culture as Occupational: Wall Street as an Example• Socialization into a Culture: Becoming a Wall Street investment

banker• The Making of an Elite• Hegemony: Wall Street’s Cultural Dominance of American Society

Page 2: Liquidated Culture as Occupational: Wall Street as an Example Socialization into a Culture: Becoming a Wall Street investment banker The Making of an Elite.

Culture

• Shared and learned behaviors and beliefs• Could be of a smaller group than a nation or ethnically defined people• Girls of the Factory: representative of Morocco?• Life is Hard: representative of Nicaragua?• Liquidated: an occupational culture

• Example of occupational culture in your own experience?

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Wall Street Culture

• Values• “Kinship”• Spatial hierarchies• Worldview which legitimates WS’s existence• Founding legends• Language: What do these mean to you? What do these mean on Wall Street?

• “smart”• “efficient”• “liquid”• “global presence”

• Temporality• Bogeyman

Page 4: Liquidated Culture as Occupational: Wall Street as an Example Socialization into a Culture: Becoming a Wall Street investment banker The Making of an Elite.

Socialization

• Becoming a member of a group of people• “Taking on” their worldview, their norms and

values, their categories of persons (e.g., gender, race, social class, child/adult) so that one is recognizable to them, and accepted by them

• Most of us are socialized as children• But process of socialization does not end; we

enter new groups of people across our lifecourse and change categories of person (age, marital status, occupations)• Imitation• Importance of belonging

Page 5: Liquidated Culture as Occupational: Wall Street as an Example Socialization into a Culture: Becoming a Wall Street investment banker The Making of an Elite.

Questions about Karen Ho

• Anon• Mary Ellen LaRosa• Angela Errigo• Matt Trant• Kelsey Schaffer

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Karen Ho’s fieldwork as a kind of socialization into Wall Street culture• What surprises and shocks her initially?• What is common sense (normal, natural) within this occupational

culture that she is not used to?• How does socialization into Wall Street create a person of certain

dispositions, goals and subjectivity?• How does she learn Wall Street culture?• Critique of Karen Ho by Lucy Lescota