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The Rational Irrationality-the Story Of The Old Investors In The Sales Department Of X Security Company

Posted on:2013-12-22Degree:MasterType:Thesis
Country:ChinaCandidate:J M LiaoFull Text:PDF
GTID:2247330371487869Subject:Anthropology
Abstract/Summary:PDF Full Text Request
Situated on the limitation of the stock small buyer, this article looks at one of the main deices created by specialists to’information and knowledge’as the way to rank people in the stock market. The aim is to outline the power of the capital in the financial market. And because of the risk raised by the capital flow, people in the stock market have to avoid it. In China, the way to avoid the risk is to lean on the government and turn to the social net-the private relationship. But as the government stands by the side of the economy elite and become estranged with the public, people can’t believe in it. What makes things worse is that the fast urbanization breaks the traditional relationship which is a kind of ’wealth-in people’. And the social trust is in the crisis. For these reasons, the small buyers struggle for the avoidance of the risk; they perform as they were crazy for the money.Focusing on the small buyer’s story in the stock market, this article explores the influence of the neo-liberalism in China. As China opened its market in1980s, the economy was developed fast but during the process of the distribution of the resource, it generates the unequal between deferent areas. Besides, after the redistribution of the wealth, the gap between the rich and poor is much larger. What makes people crazy for the money is to run after the high pace of the economy development and seek the equal opportunity.
Keywords/Search Tags:Reform and Open Policy, The stock market, the ole investors, Trust, Neo-liberalism
PDF Full Text Request
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