Beckert, Jens

Imagined Futures

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ISBN 13:
9780674088825
author:
Beckert, Jens
format:
HardBack
publisher:
Harvard University Press
language:
English
Publication Year:
2016
Pages:
384
Dimensions:
16.51 x 3.81 x 24.89 centimetres
Genre:
Business, Economics, Theory,
Condition:
New
Availability:
Item usually sent within 10 working days
£34.17

Description

In a capitalist system, economic actors orient their activities toward a future that contains opportunities and risks. Jens Beckert explores how these collective images of the future shape modern economies. Fictional expectations play a crucial role in driving economic activity, as they enable actors to commit resources and coordinate decisions despite the uncertainty of the future. This approach differs from performativity theory, which suggests that predictions can become self-fulfilling prophecies. Instead, Beckert argues that economic forecasts are important because they create the expectations that generate economic activity in the first place. By examining the role of real uncertainty and fictional expectations in market dynamics, Beckert sheds new light on the nature of capitalism. This book provides a fresh perspective on how economic actors assess risk and make decisions, offering insights into the complexities of modern capitalist systems.

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