Inventing Value
eBook - PDF

Inventing Value

The Social Construction of Monetary Worth

  1. English
  2. PDF
  3. Available on iOS & Android
eBook - PDF

Inventing Value

The Social Construction of Monetary Worth

About this book

Value is central to the market sectors of the contemporary economy, yet the best-established theories of value fail to expose how it operates and how it is manipulated for profit. This book begins to reconstruct the theory of value. In one sense, it argues, value is a personal assessment of worth, but those assessments draw deeply on normative standards. The book examines those standards and how they are formed, transformed and supported by the construction of new social structures. The empirical evidence comes from contemporary financial examples: the mortgage-backed securities that caused the global crash of 2008, how venture capitalists secure outrageous valuations for so-called unicorn companies, and the rise of Bitcoin. The result is a theory that shows how value is invented by value entrepreneurs in pursuit of their interests and thus provides a new basis for criticising the role of value in the commodity economy and the finance sector.

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Yes, you can access Inventing Value by Dave Elder-Vass in PDF and/or ePUB format, as well as other popular books in Social Sciences & Sociology. We have over one million books available in our catalogue for you to explore.

Table of contents

  1. Cover
  2. Half-title
  3. Title page
  4. Copyright information
  5. Dedication
  6. Contents
  7. List of Figures
  8. Acknowledgements
  9. 1 Introduction: Inventing Value
  10. 2 How (Not) to Think about Value
  11. 3 Value and Price
  12. 4 Theories of Financial Value
  13. 5 Valuation Structures
  14. 6 Venture Capital and Unicorns
  15. 7 Bitcoin
  16. 8 Structured Subprime Securities
  17. 9 Conclusion
  18. References
  19. Index