03200cam a2200469 a 4500 117135 117135 17254870 BJBSDDR 20230411090827.0 a|||||r|||| 00| 0 ta 120413s2012 maua b 001 0 eng 2012014805 9780674736351 (pbk.) 0674736354 (pbk.) 9780674047488 (alk. paper) 0674047486 (alk. paper) DLC DLC DLC eng eng pcc n-us--- HC 105 L668f 2012 330.12/2097309034 Levy, Jonathan, 1978- 25222 Freaks of fortune : the emerging world of capitalism and risk in America / Jonathan Levy. Cambridge, Mass. : Harvard University Press, 2012. 414 pages : illustrations ; 25 cm. Includes bibliographical references and index. The assumption of risk -- The perils of the seas -- The actuarial science of freedom -- The failure of the freedman's bank -- Betting the farm -- Fraternity in the age of capital -- Trading the future -- The trust question. "Focusing on the hopes and anxieties of ordinary people, Jonathan Levy shows how risk developed through the extraordinary growth of new financial institutions--insurance corporations, savings banks, mortgage-backed securities markets, commodities futures markets, and securities markets--while posing inescapable moral questions. For at the heart of risk's rise was a new vision of freedom. To be a free individual, whether an emancipated slave, a plains farmer, or a Wall Street financier, was to take, assume, and manage one's own personal risk. Yet this often meant offloading that same risk onto a series of new financial institutions, which together have only recently acquired the name "financial services industry." Levy traces the fate of a new vision of personal freedom, as it unfolded in the new economic reality created by the American financial system. Amid the nineteenth-century's waning faith in God's providence, Americans increasingly confronted unanticipated challenges to their independence and security in the boom and bust chance-world of capitalism. Freaks of Fortune is one of the first books to excavate the historical origins of our own financialized times and risk-defined lives." Capitalism United States History 19th century. Capitalismo Historia Estados Unidos Siglo XIX 4122 Risk Sociological aspects History 19th century. Sociología del riesgo 25798 Risk-taking (Psychology) United States History 19th century. United States Economic conditions 19th century. United States Social conditions 19th century. Estados Unidos Condiciones económicas Siglo XIX 1552 Estados Unidos Condiciones sociales Siglo XIX 2135 7 cbc orignew 1 ecip 20 y-gencatlg lcc BK 0 0 lcc 0 0 CS BJB BJB CS 2022-09-27 0 HC 105 L668f 2012 00000165277 2022-09-27 00:00:00 1 2022-09-27 BK