Social Knowledge for Financial Markets

Abstract: Financial literacy is an important issue today, but it is directed/limited to improve the practical skills of people taking financial markets and their present working for granted. However, financial markets are social institutions and social processes involving network relations as well as rules and norms. Globalization has resulted in a dominating role of financial markets over the economy with importance for the transformation of capitalistic society. The sociological perspectives on financial markets have relevance also for the present crisis for which several explanations have been suggested. Most explanations overlook, however, the process of disembedding of the financial markets from the societal context, which is represented by the reliance on a specific kind of knowledge. To illustrate the need for reintegrating financial markets in the economy and making them more responsive to societal concerns, financial knowledge requires to be embedded into social knowledge about the .... http://www.jsse.org/index.php/jsse/article/view/514

Object Details

• Location: Deutsche Nationalbibliothek Frankfurt am Main
• Extent: Online-Ressource
• Language: Englisch

References and Relationships

• Bibliographic citation: Social Knowledge for Financial Markets ; volume:9 ; number:2 ; day:28 ; month:08 ; year:2010 ; Journal of social science education ; 9, Heft 2 (28.08.2010)

Contributors, Places and Time

• Creator: Mikl-Horke, Gertraude

Further information

• DOI: 10.4119/jsse-514
• URN: urn:nbn:de:101:1-2019011815421199548007
• Rights: Open Access unbekannt; Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
• Last update: 14.08.2025, 10:57 AM CEST