ARTICLE
TITLE

Sources of financial synchronism: Arbitrage theory and the promise of risk-free profit

SUMMARY

This article argues that the temporality of the financial economy ought to be seen as radically synchronistic. ‘Synchronism’ refers to both an epistemological and practical approach that addresses finance neither with a view to the past nor to the future, but is instead focused on the moment that a financial transaction is settled (i.e., the horizon of trading). From this perspective, the article expands the scope of current social theorizing on financial markets, which is characterized by a preoccupation with the futurity of financial markets and products. It suggests that financial synchronism can be traced back to certain developments in economic theory since the so-called ‘marginalist revolution’, which enabled the transfer of a certain optics informing market theories into financial practices. On these terms, financial synchronism is interpreted as a powerful social imaginary that crucially mediates the way contemporary societies face the contingency of the future.

 Articles related

Danny Mauricio Sandoval Malquín, Danny Marcelo Sandoval Pozo    

Se construyó un cuadro de mando integral como herramienta de planificación financiera para la compañía de transporte de carga COMTRANCARCHI S. A de la ciudad de Tulcán, bajo la modalidad de investigación cualitativa – cuantitativa, de tipo descriptiva, b... see more


Umratun Ikayanti,Nafisah Nurulrahmatiah    

AbstrakPenelitian ini bertujuan untuk mengetahui pengaruh sales growth dan return on investment (ROI) secara bersama-sama terhadap harga saham pada PT. Gudang Garam, Tbk. Penelitian ini menggunakan jenis penelitian asosiatif dengan jenis data kuantitatif... see more


ICETET Conference    

Cement industries are responsible for huge amount of air pollution, which is harmful forrelevant workers health. According to a new questionnaire-based study, Bangladesh's cementindustry has limited opportunities to follow green manufacturing practices. ... see more


Letty Angélica Huacchillo Pardo, Nataly Janet Atoche Falcón    

La presente investigación pretende como objetivo proponer el leasing como respaldo de financiamiento para la adquisición de vehículos de transporte de carga en las Empresas de Paita. Apoyado en técnicas de investigación cuantitativa se aplican métodos de... see more


Adistiar Prayoga    

In 2018, there were 38.7 million workers in agriculture. The high number in the agricultural sector is not accompanied by an increase in the contribution of the total agricultural sector to the value of the Gross Domestic Product. The condition is exacer... see more