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Clarifying Liquidity: Keynes and Marx, Merchants, and Poets
Umeå University, Faculty of Social Sciences, Department of Political Science. Umeå universitet.ORCID iD: 0000-0002-6982-6287
2019 (English)In: Contributions to the History of Concepts, ISSN 1807-9326, E-ISSN 1874-656X, Vol. 14, no 2, p. 46-66Article in journal (Refereed) Published
Abstract [en]

This article is a history of liquidity presented as interaction between metaphors and theoretical concepts in social contexts. While taking note of Zygmunt Bauman's metaphor "liquid modernity," the study instead surveys the wider conceptual field. The text turns around mercantile liquidity (liquidity as clarification) and liquidity in modern economics (characteristic of all assets), as well as older metaphors, notably the famous phrase of the Communist Manifesto,"all that is solid melts into air" (Alles Ständische und Stehende verdampft), which is revealed to have resonance in texts by poets, notably Heinrich Heine. The main result is the historical consistency of the field, where liquidity is a promise of knowledge and clarity.

Place, publisher, year, edition, pages
New York: Berghahn Books, 2019. Vol. 14, no 2, p. 46-66
Keywords [en]
capital, clarity, conceptual fi eld, fl uidity, liquidity, melting, money transparency
National Category
Political Science (excluding Public Administration Studies and Globalisation Studies)
Research subject
political science
Identifiers
URN: urn:nbn:se:umu:diva-163895DOI: 10.3167/choc.2019.140203OAI: oai:DiVA.org:umu-163895DiVA, id: diva2:1358374
Available from: 2019-10-07 Created: 2019-10-07 Last updated: 2019-10-09Bibliographically approved

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Hugoson, Rolf

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