The story behind the financial crisis is relatively well known. By cutting-up and repackaging mortgage risks, banks could make more profit. At the same time, they amplified their financial losses which expanded to financial institutions all over the globe. Ten years after the global financial crisis, a new one is never far away but where will the risks come from next time? In order to know that, as economic sociologists we need to know more of the object itself: financial risks.

How can RC02 help you connect, collaborate, and create? Send me your ideas. If you are interested in organizing a conference on a theme connected to economy and society, particularly in 2019 or 2021, we can provide institutional support and some funding. Again, please reach out to me with your ideas.

Social action not only mobilizes people; it materializes or manifests itself in collective acts that are simultaneously interpreted by those who observe or experience them as well as those who carry them out. These interpretations shape narratives based on values (beliefs) and classifications (dichotomous) that generate meaning in the civil sphere, including communicative and regulatory institutions.