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“Let's Light this Candle”? Early Online Investment and the Regulation of Freedom in “New” Work Forms

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Abstract:

Drawing on Foucauldian governmentality studies, this article follows the contested construction of the early online investor. First, it explores the contingency of the investor's imagined freedom, as an expression of neoliberal and informationalist prescriptions of personhood. But it also explores the complexity and multiplicity with which that freedom was structured—especially in countervailing “intermediate-level” regulation, oriented as much toward protecting a vulnerable client as toward liberating an information-savvy sovereign consumer. In complicating the investor's freedom, and in clarifying its limits, struggles over online investment offer an instructive model for evaluating the ambivalence of self-entrepreneurial work.

Keywords: Cultural Economy; Cultural Work; Governmentality Studies; New Economy; Risk

Document Type: Research Article

DOI: https://doi.org/10.1080/14791420.2012.676191

Publication date: 2012-06-01

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