The Trading Crowd : An Ethnography of the Shanghai Stock Market
by
Ellen Hertz
Book Details
Format
Paperback / Softback
ISBN-10
0521564972
ISBN-13
9780521564977
Publisher
Cambridge University Press
Imprint
Cambridge University Press
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Jun 18th, 1998
Print length
260 Pages
Weight
400 grams
Dimensions
22.90 x 15.40 x 1.60 cms
Ksh 8,300.00
Manufactured on Demand
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In 1992, an explosion of 'stock fever' hit Shanghai. Ellen Hertz's anthropological 1998 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.
In 1992, there was an explosion of 'stock fever' in Shanghai. 'From the moment I set foot in Shanghai until my last day there, people from all walks of life wanted to talk to me about the market', Ellen Hertz writes. Her 1998 study sets the stock market and its players in the context of Shanghai society, and it probes the dominant role played by the state, which has yielded a stock market very different from those of the West. A trained anthropologist, she explains the way in which investors and officials construct a 'moral storyline' to make sense of this great structural innovation, identifying a struggle between three groups of actors - the big investors, the little investors, and the state - to control the market.
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