The Journal of Philosophical Economics (Nov 2011)

Finance contemporaine et postmodernisme: l’expression d’un capitalisme tardif

  • Christophe Schinckus

Journal volume & issue
Vol. V, no. 1
pp. 62 – 89

Abstract

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This paper shows that the evolution of financial markets implies some features of the postmodernism, as for example, the emergence of ahyperreality or an over-exaggeration of the exchange. Computerization contributed to the development of what Baudrillard called a hyper-reality in which financial quotations are self-referent, i.e. they do not refer to an economic reality. Finance is now in post-modernity and this essay offers an analysis of this financial post-modernity.

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