Jake Losh’s Reviews > Liquidated: An Ethnography of Wall Street > Status Update
Jake Losh
is on page 156 of 392
"The conclusion... of the M&A boom and bust in the 1990s is the same. Shareholder value must be read as a political strategy to monopolize corporate control and advocate for 'the demands of financial interest to reap high returns' in a very short amount of time. This logic of shareholder value imposed certain practices that 'victimized the poorly protected parties such as workers, suppliers, and host communities'"
— Mar 07, 2025 09:33PM
1 like · Like flag
Jake’s Previous Updates
Jake Losh
is on page 40 of 392
"To be considered 'smart' on Wall Street is to be implicated in a web of situated practices and ideologies, co-produced through the interactions of multiple institutions, processes, and American culture at large, which confer authority and legitimacy... The culture of smartness is not simply a quality of Wall Street, but a currency, a driving force productive of both profit accumulation and global prowess."
— Feb 28, 2025 11:43PM
