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The Trading Crowd

The Trading Crowd
An Ethnography of the Shanghai Stock Market

$49.99 (P)

Part of Cambridge Studies in Social and Cultural Anthropology

  • Author: Ellen Hertz, Université de Lausanne, Switzerland
  • Date Published: July 1998
  • availability: Available
  • format: Paperback
  • isbn: 9780521564977

$ 49.99 (P)

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About the Authors
  • In 1992, an explosion of "stock fever" hit Shanghai. Ellen Hertz's anthropological study sets the stock market and its players in the context of Shanghai society, and probes the dominant role played by the state, which has yielded a stock market very different from those of the West. She explains the way in which investors and officials construct a "moral storyline" to make sense of this great structural innovation, identifying a struggle among the big investors, the little investors and the state to control the market.

    • First anthropological/sociological study of a stock market
    • Documents a new development in a communist country
    • Important contribution to economic anthropology
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    Product details

    • Date Published: July 1998
    • format: Paperback
    • isbn: 9780521564977
    • length: 260 pages
    • dimensions: 229 x 152 x 15 mm
    • weight: 0.39kg
    • contains: 1 table
    • availability: Available
  • Table of Contents

    Introduction: ways and means
    Part I:
    1. First contact
    2. The Shanghai stock market and the tributary state
    3. Stock fever
    4. City people, stock people
    Part II:
    5. The big players
    6. The dispersed players
    7. 'Guojia': the rise and fall of a super-player
    8. Conclusion: the trading crowd
    Glossary of Chinese terms

  • Author

    Ellen Hertz, Université de Lausanne, Switzerland

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