AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |
Back to Blog
Slave market episode 21/29/2024 ![]() ![]() We find out how the market makers and advisors lobbied successfully to maintain their advantages in the market. We hear how the story slowly changes into something different, a vision of the market as the high temple of capitalism. It follows the narrative of UK plc, exploring how it shapes the Exchange’s actions. This episode explores the founding of the London Stock Exchange’s junior market, AIM. Some stories incarcerate, others emancipate. There’s a little bit of social theory, and in coming episodes we’ll be seeing stories through the eyes of a much younger me, so I get an introduction too. This episode looks back to London of the mid 1990s, as a the country found itself transformed by the new dynamism of globalization. The history turns out to be a little more complicated. This episode explores how the narrative of entrepreneurial Britain brought this new market into being. In 1995 the London Stock exchange set up its junior market, AIM, an engine for UK plc. The heroes’ hideout in Lock Stock – just across the road from our officeĮpisode 11. This really was the decade when greed became good. This episode explores those upheavals at the level of states and markets, and the of lived reality of Britain’s markets: the collapse of Bretton Woods, the Iron Lady’s reforms, striking miners and a new kind of investor called Sid. ![]() We can’t make sense of contemporary stock exchanges without understanding the huge changes that swept through finance in the 1980s. Mind your eye! Sid, a new kind of investor emerges during the 1980sĮpisode 6. ![]() This episode contains some strong language. What did it feel like to work on the trading floor or inch your way up the Exchange’s social ladder, where cockney sparrows and the old elite rubbed shoulders? A meritocracy of sorts, so long as you were a man. The episode looks at the strange societies of Chicago’s pits and London’s ‘Old House’. This was especially so in the open outcry markets of the twentieth century. Social interactions – rules and rituals, norms and codes of practice – are the glue that holds a stock market together. ‘Mind your eye!’ Rules and rituals in the markets. The trading floor of London’s ‘Old House’Įpisode five. ![]()
0 Comments
Read More
Leave a Reply. |