Hostname: page-component-cd9895bd7-mkpzs Total loading time: 0 Render date: 2024-12-26T21:22:15.308Z Has data issue: false hasContentIssue false
  • English
  • Français

Chains of securitization

Published online by Cambridge University Press:  09 November 2023

Marieke de Goede
Marieke de Goede*
Affiliation:
University of Amsterdam, Netherlands
*
Corresponding author: Marieke de Goede, Departmentof Political Science, University of Amsterdam, Amsterdam, Netherlands. Email:[email protected]
Rights & Permissions [Opens in a new window]

Extract

Core share and HTML view are not available for this content. However, as you have access to this content, a full PDF is available via the ‘Save PDF’ action button.

Securitization has a dual rationality that twins a financial sense to one of modern statecraft and national security. This forum contribution advocates a focus on material practices as a means of further exploring the entanglement of finance and security. In particular, it advances a notion of ‘chains of securitization’, arguing that such a concept provides researchers with a concrete way to analyze how ‘financial’ objects, such as derivatives, are assembled to generate (in)securities, as well as how ‘security’ objects, such as suspicious transactions, are assembled across public/private domains.

Type
Forum: Conceptualising finance-security relations
Information
Finance and Society , Volume 3 , Issue 2: Finance and security , 2017 , pp. 197 - 207
Creative Commons
Creative Common License - CCCreative Common License - BYCreative Common License - NCCreative Common License - ND
This is an Open Access article, distributed under the terms of the Creative Commons Attribution-NonCommercial-No Derivatives licence (http://creativecommons.org/licenses/by-nc-nd/4.0/), which permits noncommercial re-use, distribution, and reproduction in any medium, provided the original work is unaltered and is properly cited. The written permission of Cambridge University Press must be obtained for commercial re-use or in order to create a derivative work.
Copyright
Copyright © The Author(s) 2017

References

Aitken, R. (2011) Financializing security: Political prediction markets and the commodification of security. Security Dialogue, 42(2): 123–41.Google Scholar
Allen, J. and Pryke, M. (2013) Financialising household water: Thames Water, MEIF, and ‘ring-fenced’ politics. Cambridge Journal of Regions, Economy and Society, 6(3): 419–39.Google Scholar
Amicelle, A. (2011) Towards a new political economy of financial surveillance. Security Dialogue, 42(2): 161–78.Google Scholar
Amicelle, A. and Faravel-Garrigues, G. (2012) Financial surveillance: Who cares? Journal of Cultural Economy, 5(1): 105–214.Google Scholar
Amicelle, A., Aradau, C. and Jeandesboz, J. (2015) Questioning security devices: Performativity, resistance, politics. Security Dialogue, 46(4): 293–306.Google Scholar
Amoore, L. (2004) Risk, reward and discipline at work. Economy and Society, 33(2): 174–96.Google Scholar
Arjaliès, D.-L., Grant, P., Hardie, I., MacKenzie, D. and Svetlova, S. (2017) Chains of Finance: How Investment Management is Shaped. Oxford: Oxford University Press.Google Scholar
Boy, N. (2015) Sovereign safety. Security Dialogue, 46(6): 530–47.Google Scholar
Boy, N.J., Burgess, J.P. and Leander, A. (2011) The global governance of security and finance. Security Dialogue, 42(2): 115–22.Google Scholar
Burch, K. (1998) ‘Property’ and the Making of the International System. Boulder, CO: Lynne Rienner.Google Scholar
Buzan, B., Waever, O. and de Wilde, J. (1998) Security: A New Framework for Analysis. Boulder CO: Lynne Rienner.Google Scholar
Campbell, D. (1992) Writing Security. Minneapolis, MN: University of Minnesota Press.Google Scholar
Campbell, D. and Dillon, M. (1993) The end of philosophy and the end of International Relations. In: Campbell, D. and Dillon, M. (eds.) The Political Subject of Violence. Manchester: Manchester University Press, 1–47.Google Scholar
Daston, L. (1988) Classical Probability in the Enlightenment. Princeton, NJ: Princeton University Press.Google Scholar
de Goede, M. (2010) Financial security. In: Burgess, J.P. (ed.) The Routledge Handbook of New Security Studies. London: Routledge, 100–109.Google Scholar
de Goede, M. (2012) Speculative Security: The Politics of Pursuing Terrorist Monies. Minneapolis, MN: University of Minnesota Press.Google Scholar
de Goede, M. (2015) Speculative values and courtroom contestations. South Atlantic Quarterly, 114(2): 355–75.Google Scholar
de Goede, M. (2018) The chain of security. Review of International Studies, 44(1): 24–42.Google Scholar
Erturk, I., Froud, J., Leaver, A. and Williams, K. (2011) Changing the metaphor: Finance as circuit. SocioEconomic Review, 9(2): 580–88.Google Scholar
Foucault, M. (2007) Security, Territory, Population: Lectures at the Collège de France, 1977-1978. Transl. by Graham Burchell. Basingstoke: Palgrave.Google Scholar
Gilbert, E. (2015a) Money as a ‘weapons system’ and the entrepreneurial way of war. Critical Military Studies, 1(3): 202–19.Google Scholar
Gilbert, E. (2015b) The gift of war: Cash, counterinsurgency and ‘collateral damage’. Security Dialogue, 46(5): 403–21.Google Scholar
Hacking, I. (1990) The Taming of Chance. Cambridge: Cambridge University Press.Google Scholar
Hansen, L. (2006) Security as Practice. London: Routledge.Google Scholar
Hoijtink, M. (2014) Capitalizing on emergence: The ‘new’ civil security market in Europe. Security Dialogue, 45(5): 458–75.Google Scholar
Huysmans, J (2006) The Politics of Insecurity: Fear, Migration and Asylum in the EU. London: Routledge.Google Scholar
Huysmans, J. (2011) What's in an act. Security Dialogue, 42(4-5): 371–83.Google Scholar
Kessler, O. (2011) Beyond sectors, before the world: Finance, security and risk. Security Dialogue, 42(2): 197–215.Google Scholar
Lagerwaard, P. (2015) Negotiating global finance: Trading on Dalal Street. Journal of Cultural Economy, 8(5): 564–81.Google Scholar
Lange, A.-C. (2016) Organizational ignorance: An ethnographic study of high-frequency trading. Economy and Society, 42(2): 230–50.Google Scholar
Langenohl, A. (2014) Scenes of encounter. In: Bachmann-Medick, D. (ed.) The Trans/National Study of Culture: A Translational Perspective. Berlin: De Gruyter, 93–117.Google Scholar
Langenohl, A. (2017) Securities markets and political securitization: The case of the sovereign debt crisis in the Eurozone. Security Dialogue, 48(2): 131–48.Google Scholar
Langley, P. (2014) Liquidity Lost: The Governance of the Global Financial Crisis. Oxford: Oxford University Press.Google Scholar
Langley, P. (2017) Finance/security/life. Finance and Society, 3(2): 173–79.Google Scholar
Latour, B. (1999) Pandora's Hope: Essays on the Reality of Science Studies. Cambridge MA: Harvard University Press.Google Scholar
Lewis, M. (2011) The Big Short: Inside the Doomsday Machine. New York, NY: W.W. Norton & Co.Google Scholar
Leyshon, A, and Thrift, N. (1997) Money/Space: Geographies of Monetary Transformation. London: Routledge.Google Scholar
Leyshon, A, and Thrift, N. (2007) The capitalization of almost everything: The future of finance and capitalism. Theory, Culture & Society, 24(7-8): 97–115.Google Scholar
Lobo-Guerrero, L. (2016) Insuring Life: Value, Security and Risk. London: Routledge.Google Scholar
MacKenzie, D. (2007) The material production of virtuality: Innovation, cultural geography and facticity in derivatives markets. Economy and Society, 36(3): 355–76.Google Scholar
MacKenzie, D. (2011) The credit crisis as a problem in the sociology of knowledge. American Journal of Sociology, 116(6): 1778–841.Google Scholar
Martin, R. (2007) An Empire of Indifference: American War and the Financial Logic of Risk Management. Durham, NC: Duke University Press.Google Scholar
Mitchell, T. (2014) How the future entered government. Critical Inquiry, 40(4): 479–507.Google Scholar
Montgomerie, J. and Williams, K. (2009) Financialized capitalism: After the crisis and beyond neoliberalism. Competition & Change, 13(2): 99–107.Google Scholar
Opitz, S. and Tellmann, U. (2014) Future emergencies: Temporal politics in law and economy. Theory, Culture & Society, 32(2): 107–29.Google Scholar
Pryke, M. and Allen, J. (2017) Financialising urban water infrastructure: Extracting local value, distributing value globally. Urban Studies, FirstView: 1–21.Google Scholar
Seabrooke, L. and Wigan, D. (2017) The governance of global wealth chains. Review of International Political Economy, 24(1): 1–29.Google Scholar
Stritzel, H. (2011) Security, the translation. Security Dialogue, 42(4-5): 343–55.Google Scholar
Tellmann, U. (2018) Life and Money: The Genealogy of the Liberal Economy and the Displacement of Politics. New York, NY: Columbia University Press.Google Scholar
Waever, O. (2011) Politics, security, theory. Security Dialogue, 42(4-5): 465–80.Google Scholar
Williams, M.C. (2003) Words, images, enemies: Securitization and international politics. International Studies Quarterly, 47(4): 511–31.Google Scholar