Seminar on ‘Feverish Financial Systems, Physician Bankers, and Ailing Markets | Shiv Nadar University
Enquire Now
Apply Now
Undergraduate Admissions 2023PhD Admissions Spring 2023MBA Admissions 2023MBA Information Session

Seminar on ‘Feverish Financial Systems, Physician Bankers, and Ailing Markets

 

 

Event Date: 
Wednesday, January 11, 2023 - 14:30Thursday, January 12, 2023 - 00:00

The Department of Sociology, School of Humanities and Social Sciences invites you to a Seminar titled ‘Feverish Financial Systems, Physician Bankers, and Ailing Markets: The Medicalisation of Finance in a Disembodied Economy’ by Prof. Kath Weston, British Academy Global Professor, School of Social and Political Science, University of Edinburgh and Professor of Anthropology, University of Virginia.  The Seminar is scheduled on 11th January 2023 at 2.30 PM.

Abstract

In a world where economic and financial arrangements are increasingly disembodied, people pay good money for many products they cannot see, smell, or touch. New financial products include derivatives so abstract that even those who sell them do not pretend to understand them thoroughly. Yet at the same time, people often use medical analogies that incorporate biological metaphors related to blood and generation/gestation when they attempt to explain the complexities of finance, particularly in moments of crisis.  In 2008, for example, the global financial system was widely reported to have had a "heart attack" in which cash and credit, figured as blood, stopped moving.  When body talk meets money talk in this way, financial markets acquire bodies characterized as healthy or ailing, allowing bankers and policymakers to authorize their interventions by casting themselves in the guise of physicians with the expertise to restore vitality to markets characterized as suffering from a range of maladies, from viral infections to cardiovascular disease.  This presentation develops the concept of the medicalisation of finance to help explain why corporeal analogies still have the power to persuade as financial systems become "disembodied." The analysis also raises questions about the debts that these world-traveling analogies owe to "Western" medicine and science, in a world where so many different sociocultural conceptions of bodies and medicine are on offer.

About the Speaker

Kath Weston is Professor of Anthropology at the University of Virginia and British Academy Global Professor at the University of Edinburgh. Her recent work, which focuses on embodiment and visceral engagement, integrates material from kinship studies, political ecology, social studies of finance, and science and technology studies.  Her publications include Animate Planet: Making Visceral Sense of Living in a High-Tech Ecologically Damaged World; Families We Choose: Lesbians, Gays, Kinship; Traveling Light: On the Road with America’s Poor; and "Bequeathing a World: Ecological Inheritance, Generational Conflict, and Dispossession." She is currently working on a book titled, Why Does Capital Flow? Bodies--Finance--Medicine.

Here are the details to join the seminar:

MEETING ID:
476 003 598 887
PASSCODE:
E7JGCD

Wednesday 11, Jan 2023 - Thursday 12, Jan 2023
02:30 PM - 12:00 AM

D322, Shiv Nadar IoE, Delhi NCR Campus.

Directions