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The global financial crisis and its aftermath: a perspective from fiction
Qualitative Research in Financial Markets Pub Date : 2021-03-29 , DOI: 10.1108/qrfm-06-2020-0099
Linda Arch

Purpose

Since the global financial crisis of 2007-2009 academic research has paid considerable attention to understanding the nature of the crisis, its causes and consequences. This is not surprising given the scale and scope of the crisis. Much of this research has been undertaken within social science disciplines. At the same time, the crisis has also been the subject of fiction – novels, poetry and drama, and there is also a small body of academic scholarship on fiction relating to the crisis (and on finance in fiction more generally). The purpose of this paper is to suggest that fiction can offer a new perspective on the global financial crisis and thereby enhance our understanding of it.

Design/methodology/approach

This exploration draws upon three works of post-crisis fiction: the 2009 play by David Hare, The Power of Yes: A Dramatist Seeks to Understand the Financial Crisis (hereafter The Power of Yes); Other People’s Money, a novel by Justin Cartwright (2011); and Robert Harris’s novel The Fear Index also published in 2011. Its approach is based on close readings of the three texts in question.

Findings

Finance fiction stimulates a reconceptualization of the global financial crisis as a crisis of innovation and technological change.

Originality/value

This paper is a viewpoint article. The originality lies in the author’s interpretation of reading the global financial crisis through fiction.



中文翻译:

全球金融危机及其后果:虚构的视角

目的

自2007年至2009年全球金融危机以来,学术研究一直非常重视了解危机的性质,原因和后果。考虑到危机的规模和范围,这不足为奇。这项研究大部分是在社会科学学科范围内进行的。同时,危机也一直是小说的主题-小说,诗歌和戏剧,并且关于与危机有关的小说(以及小说中的金融学)的学术研究也很少。本文的目的是建议小说可以为全球金融危机提供新的视角,从而增强我们对危机的理解。

设计/方法/方法

这项探索借鉴了危机后小说的三部作品:大卫·哈尔(David Hare)在2009年的剧作《是的力量:戏剧家寻求理解金融危机》(以下简称《是的力量》);贾斯汀·卡特赖特(Justin Cartwright)的小说《其他人的钱》(Other People's Money)(2011);罗伯特·哈里斯(Robert Harris)的小说《恐惧指数》(The Fear Index)也在2011年出版。它的方法是基于对上述三篇文章的仔细阅读。

发现

金融小说刺激人们将全球金融危机重新概念化为创新和技术变革的危机。

创意/价值

本文是观点文章。独创性在于作者对通过小说阅读全球金融危机的解释。

更新日期:2021-04-11
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