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The Trading Crowd: An Ethnography of the Shanghai Stock Market (Cambridge Studies in Social and Cultural Anthropology)
 
 
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The Trading Crowd: An Ethnography of the Shanghai Stock Market (Cambridge Studies in Social and Cultural Anthropology) (Paperback)

by Ellen Hertz (Author) "In September of 1992, a delegation of high-level Taiwanese experts in finance and securities came to Shanghai with the mission of establishing cooperative relations with..." (more)
Key Phrases: stock fever, tributary logic, dispersed players, People's Bank, Cultural Revolution, Shanghai Securities Exchange (more...)
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Product Description
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.

Book Description
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 between the big investors, the little investors and the state to control the market.

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