Liquidated has ratings and 43 reviews. BlackOxford said: Against ExcellenceIf you want to understand the source and the consequences of the rhetori. Book Reviews Liquidated: An Ethnography of Wall Street. Karen Ho. Durham, NC : Duke University Press, pp. $, paper. Karen Ho is a member of. In Liquidated: An Ethnography of Wall Street, Karen Ho introduces us to the culture of smartness on Wall Street—its perpetuation, its sustainability.

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Liquidated: An Ethnography of Wall Street

Highly recommended for anyone. This is an ethnography of Wall Street behavior in investment banking firms done by a Princeton grad who is currently an assistant professor of Anthropology at Minnesota. The first chapter on recruiting practices at universities is the most readable while the 3rd and 4th chapters on the rise ethnotraphy shareholder value in the 80s are the most dry, but provided the most new information for me.

In LiquidatedKaren Ho punctures the aura of the abstract, all-powerful market to show how financial markets, and particularly booms and busts, are constructed. Nov 09, Marks54 rated it liked it.

No trivia or quizzes yet. Overall the numerous transcribed interviews on different topics with bankers provides an illuminating window into a frenzied culture of greed, job insecurity, networking, and extreme elitism. I highly recommend it, especially if you have no idea how the world of high finance operates. If you don’t produce or if circumstances dictate, you are permanently expendable.

What goes up must come down. Based on this culture of liquidity and compensation practices tied to profligate deal-making, Wall Street investment bankers reshape corporate America in their own image. Disability Requests Liquirated for requesting an electronic text on behalf of a student with disabilities are available here.

I do plan to follow up with her, though, and find out more because I feel certain that her theories are something that individuals both inside and outside of finance should familiarize themselves with, reflecting on the way that our culture has changed and consciously deciding where it is we want to go from here.


I’ve been reading a lot about Wall Street lately, but this book was unique in that it was written by an anthropologist. If you read much about the financial industry or hang around business schools, this description rings true — although with a highly academic jargon and an inflated syllable count.

That patient ethnographic analysis has produced a fascinating portrait that will be refreshingly novel to most bankers. A valuable addition to the annals of ethnographic research and highly recommended.

Liquidated: An Ethnography of Wall Street by Karen Ho

Bankers from firms such as Goldman Sachs, J. But for what it is, the book is very successful and very compelling for catching a brief period in ethnogarphy that will probably only differ in degree of atreet levels of tech for the next generation, no matter the humiliations that come about from recessions not foreseen or even caused by the financial sector. Excellence is malleable and can readily find new ambitions with their own rewards.

Mar wall, Graham rated it it was amazing. Please check the credit line adjacent to the illustration, as well as the front and back matter of the book for a list of credits. Wall Street firms that succeed over the long run are adept at quickly shutting down business units that prove to be nonstrategic and starting new ones.

In addition to believing that the government will bail them out should their industry falter, they profit from every transaction, leading them to focus more on increasing the number and range of transactions than in understanding precisely whether their advice will benefit company integrity. Building on these rich and diverse data sources collected up through midHo provides a complex and fascinating analysis of the linkages between biography, institutions, and markets.


Dec 18, Allison rated it liked it. Contents Anthropology Goes to Wall Street. An Ethnography of Wall Street.

As for job insecurity, it leads investment bankers to morph instantly into successful job hunters and mobile survivors. Mar 06, Katie rated it liked it. Goodreads helps you keep track of books you want to read. Then there is this culture of working super-hard, all the time, which goes along with the hyper-competitive attitudes of the people who want to work there.

Nov 11, Joel rated it liked it Shelves: The term means—if anything: The number of copies requested, the ethnogdaphy and professor requesting For reprints and subsidiary rights, please also note: It is more academic than popular press.

Ethnofraphy analysis walk brilliant, her anecdotes are priceless, her insights are thrilling. I am rating it so high both for content and research, but also because additional studies and conversations with her offer concordance.

Liquidated | Duke University Press

Based on this culture of liquidity and compensation practices tied to profligate deal-making, Wall Street investment bankers reshape corporate America in their own image. These are the real sources and defenders of modern American, and global, elitist culture.

Jul 06, Duke Press added it Shelves: Must read if you are interested in economic sociology, sociology of financial markets, etc. This website uses cookies to ensure you get the best experience on our website.

Carrier, Journal of the Royal Anthropological Institute. Ho writes the book that I think I would have written, had I been born in different circumstances. View all 14 comments. Im a huge fan and I learned a lot.

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