A decade ago, the French press was full of references to “stock market layoffs.” The term, popularized by the French Left, was an attempt to name and contest layoffs undertaken not because a company had run into trouble, but because the layoffs would boost the company's value and thus deliver more robust profits to its shareholders. The term thus targeted a specific form of financialization that “externalizes” workers by destroying jobs on profitable production sites. As this article shows, the fate of the stock market layoff discourse reveals how the “real,” materially productive economy relates to financial markets. It shows, moreover, how time and anticipation structure the capitalist economy, and how they limit the possibilities of governing it. As long as capital occupies the private space of the market, which requires anticipatory decisions, neither law nor greater stakeholder control can circumscribe capital enough to outlaw premature, economically unjustified layoffs.

中文翻译：

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法国股市裁员

十年前，法国媒体充斥着“股市裁员”的说法。这个词被法国左派推广开来，是一种尝试对裁员进行命名和辩论的尝试，裁员不是因为公司遇到了麻烦，而是因为裁员会提升公司的价值，从而为股东带来更丰厚的利润。因此，该术语针对一种特定形式的金融化，这种金融化通过破坏有利可图的生产场所的工作岗位来“外部化”工人。正如本文所示，股市裁员话语的命运揭示了“真实的”物质生产经济与金融市场的关系。此外，它还表明时间和预期如何构建资本主义经济，以及它们如何限制治理它的可能性。只要资本占据市场的私人空间，