An Introduction to Karen Ho's Liquidated - A Macat AnthropologyAnalysis

Financial crises do not just happen. They result from a specific kind of worldview-Wall Street’s culture of always looking for short-term high performance. Long-term plans are not considered, so the banking culture is all about instant big rewards and ever-present job insecurity. It is this lack of long-term vision that causes financial crises, not the vagaries of an uncontrollable market. Watch Macat’s short video for a great introduction to Karen Z. Ho’s Liquidated: An Ethnography of Wall Street, one of the most important books in contemporary anthropology.
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[@aharreld2340]

Holy crap this misses or twists almost every point from Ho's book. "Highly educated individuals" is true, however they're often times not educated in finance and come from elite institutions for their *pedigree*. As in, their education isn't really what they're being hired for but the prestige of the university. This is to such an extent that individuals at these universities can expect to go into an investment bank independent of their field of study (can't remember the exact statistic).
Don't listen to the video, read the actual book.

[@luisandrade2254]

I don’t really like understand how that’s different from what the video said

[@myautubie4547]

No kidding, this video misses the mark by so far it almost had nothing to do with the book at all. For a better overview, here's a short interview with the author.
ua-cam.com/video/h9rUzLoKpfs/v-deo.html

[@ermsrodrigues]

Where are the remaining 119 videos?!