The “Background Conditions” of the Hedge Fund in General Electric’s Schenectady: Reconsidering the “History of Capitalism”
This article applies Nancy Fraser’s theory of capitalism’s “background conditions” to a grassroots case study: the formative influences of Progressive-Era Schenectady’s social relations on the socialist who created the hedge fund, Alfred Winslow Jones. In showing how “capitalist” background conditio...
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| Format: | Article |
| Language: | English |
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Association Française d'Etudes Américaines
2021-02-01
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| Series: | Transatlantica |
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| Online Access: | https://journals.openedition.org/transatlantica/15968 |
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| author | David Huyssen |
| author_facet | David Huyssen |
| author_sort | David Huyssen |
| collection | DOAJ |
| description | This article applies Nancy Fraser’s theory of capitalism’s “background conditions” to a grassroots case study: the formative influences of Progressive-Era Schenectady’s social relations on the socialist who created the hedge fund, Alfred Winslow Jones. In showing how “capitalist” background conditions also depended on and cultivated socialist subjectivities that contributed to Jones’s creation of the hedge fund, it illustrates both value and limits in Fraser’s theory and the “history of capitalism” framework. |
| format | Article |
| id | doaj-art-ef52f7bdc4594c1ba17ec066d8a5d4d4 |
| institution | Kabale University |
| issn | 1765-2766 |
| language | English |
| publishDate | 2021-02-01 |
| publisher | Association Française d'Etudes Américaines |
| record_format | Article |
| series | Transatlantica |
| spelling | doaj-art-ef52f7bdc4594c1ba17ec066d8a5d4d42025-01-30T10:43:36ZengAssociation Française d'Etudes AméricainesTransatlantica1765-27662021-02-01210.4000/transatlantica.15968The “Background Conditions” of the Hedge Fund in General Electric’s Schenectady: Reconsidering the “History of Capitalism”David HuyssenThis article applies Nancy Fraser’s theory of capitalism’s “background conditions” to a grassroots case study: the formative influences of Progressive-Era Schenectady’s social relations on the socialist who created the hedge fund, Alfred Winslow Jones. In showing how “capitalist” background conditions also depended on and cultivated socialist subjectivities that contributed to Jones’s creation of the hedge fund, it illustrates both value and limits in Fraser’s theory and the “history of capitalism” framework.https://journals.openedition.org/transatlantica/15968socialismcapitalismbackground conditionsNancy FraserSchenectadyhedge fund |
| spellingShingle | David Huyssen The “Background Conditions” of the Hedge Fund in General Electric’s Schenectady: Reconsidering the “History of Capitalism” Transatlantica socialism capitalism background conditions Nancy Fraser Schenectady hedge fund |
| title | The “Background Conditions” of the Hedge Fund in General Electric’s Schenectady: Reconsidering the “History of Capitalism” |
| title_full | The “Background Conditions” of the Hedge Fund in General Electric’s Schenectady: Reconsidering the “History of Capitalism” |
| title_fullStr | The “Background Conditions” of the Hedge Fund in General Electric’s Schenectady: Reconsidering the “History of Capitalism” |
| title_full_unstemmed | The “Background Conditions” of the Hedge Fund in General Electric’s Schenectady: Reconsidering the “History of Capitalism” |
| title_short | The “Background Conditions” of the Hedge Fund in General Electric’s Schenectady: Reconsidering the “History of Capitalism” |
| title_sort | background conditions of the hedge fund in general electric s schenectady reconsidering the history of capitalism |
| topic | socialism capitalism background conditions Nancy Fraser Schenectady hedge fund |
| url | https://journals.openedition.org/transatlantica/15968 |
| work_keys_str_mv | AT davidhuyssen thebackgroundconditionsofthehedgefundingeneralelectricsschenectadyreconsideringthehistoryofcapitalism AT davidhuyssen backgroundconditionsofthehedgefundingeneralelectricsschenectadyreconsideringthehistoryofcapitalism |