Critically Capitalist The Spirit of Asset Capitalism in South Korea
Materialtyp:
ArtikelSerie: Utgivningsinformation: University of Michigan Press 2024Beskrivning: 1 electronic resource (203 p.)Innehållstyp: - text
- computer
- online resource
- 9780472057269
- 9780472077267
- Economics, Finance, Business and Management
- Economics
- Business and Management
- Entrepreneurship / Start-ups
- History and Archaeology
- History
- Asian history
- Business and Management
- Finance
- K Economics
- KC Economics
- KJ Business and Management
- KJH Entrepreneurship
- N History and Archaeology
- NH History
- NHF Asian history
- South Korea
- Start-ups
- amateur stock investors
- communitarianism
- critical capitalism
- emotional wounds
- entrepreneurial self
- financial self-help
- financial subjects
- financialization
- investing advice
- lay investors
- mass investment culture
- multi-sited ethnography
- neoliberal subjects
- neoliberalism
- new spirit of capitalism
- online communities
- online ethnography
- online financial communities
- ordinary critique
- personal finance
- popular finance
- real estate auction
- retail investors
- self-assetization
- social reproduction
- the asset economy
- thema EDItEUR
- vernacular critique
Open Access Unrestricted online access star
Critically Capitalist presents an ethnography of South Korea's asset seekers, including amateur stock investors, real estate enthusiasts, and money coaches, to demonstrate how financialized asset capitalism is sustained. As they hunt for profit margins, rent, and dividends, they simultaneously critique capitalism and posit their pursuit of assets as a form of resistance. Bohyeong Kim theorizes this new spirit of capitalism in South Korea as "critical capitalism," arguing that it reflects the popular discontent with both national development and financial neoliberalism. As a paradoxical critique and legitimation, Bohyeong Kim argues that critical capitalism valorizes the capitalist economy not through a triumphant narrative, but by highlighting the emotional wounds, destroyed communities, and oppressive tactics of modern capitalism. Drawing on multi-sited ethnography and in-depth interviews with a broad community of aspiring millionaires, Critically Capitalist illuminates how contemporary capitalism thrives by channeling discontent into financial and real estate markets, which in turn has cemented critical capitalism as the cultural and affective backbone of South Korea's economy.
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Creative Commons Licence cc by-nc cc https://creativecommons.org/licenses/by-nc/4.0/
eng
Freely available e-book