Tales from Albarado : : Ponzi Logics of Accumulation in Postsocialist Albania / / Smoki Musaraj.

Tales from Albarado revisits times of excitement and loss in early 1990s Albania, in which about a dozen pyramid firms collapsed and caused the country to fall into anarchy and a near civil war. To gain a better understanding of how people from all walks of life came to invest in these financial sch...

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Superior document:Title is part of eBook package: De Gruyter Cornell University Press Complete eBook-Package 2020
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Place / Publishing House:Ithaca, NY : : Cornell University Press, , [2020]
©2022
Year of Publication:2020
Language:English
Online Access:
Physical Description:1 online resource (216 p.) :; 12 b&w halftones
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245 1 0 |a Tales from Albarado :  |b Ponzi Logics of Accumulation in Postsocialist Albania /  |c Smoki Musaraj. 
264 1 |a Ithaca, NY :   |b Cornell University Press,   |c [2020] 
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505 0 0 |t Frontmatter --   |t Contents --   |t List of Illustrations --   |t Acknowledgments --   |t Introduction: The Tale of Albarado and the Anthropology of Financial Speculation --   |t 1. Fajde, Pyramid Firms, or Ponzi Schemes?: Gendered Discourses of Finance --   |t 2. “Money Flowed Like a River”: Materialities of Speculation --   |t 3. “Working the Money”: Migrants, Remittances, and Social Ties --   |t 4. “All We Wanted Was a Beautiful Home”: Housing and Temporalities of Speculation --   |t 5. The Pyramid Way: Speculation in Construction --   |t Epilogue: Ponzi Logics in Postsocialist Albania --   |t Notes --   |t References --   |t Index 
506 0 |a restricted access  |u http://purl.org/coar/access_right/c_16ec  |f online access with authorization  |2 star 
520 |a Tales from Albarado revisits times of excitement and loss in early 1990s Albania, in which about a dozen pyramid firms collapsed and caused the country to fall into anarchy and a near civil war. To gain a better understanding of how people from all walks of life came to invest in these financial schemes and how these schemes became intertwined with everyday transactions, dreams, and aspirations, Smoki Musaraj looks at the materiality, sociality, and temporality of financial speculations at the margins of global capital. She argues that the speculative financial practices of the schemes were enabled by official financial infrastructures (such as the postsocialist free-market reforms), by unofficial economies (such as transnational remittances), as well as by historically specific forms of entrepreneurship, transnational social networks, and desires for a European modernity. Overall, these granular stories of participation in the Albanian schemes help understand neoliberal capitalism as a heterogeneous economic formation that intertwines capitalist and noncapitalist forms of accumulation and investment. 
538 |a Mode of access: Internet via World Wide Web. 
546 |a In English. 
588 0 |a Description based on online resource; title from PDF title page (publisher's Web site, viewed 01. Dez 2022) 
650 0 |a Ponzi schemes  |z Albania. 
650 0 |a Post-communism  |x Economic aspects  |z Albania. 
650 0 |a Speculation  |z Albania. 
650 4 |a Anthropology. 
650 4 |a General Economics. 
650 4 |a Soviet & East European History. 
650 7 |a SOCIAL SCIENCE / Anthropology / Cultural & Social.  |2 bisacsh 
653 |a Albania, postsocialism, Ponzi schemes, political economy, neoliberal capitalism. 
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