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Review the following ethnographies and evaluate their use of the methodology:Sayad, Abdelmalek; The Suffering of the Immigrant, Cambridge, Polity Press, 2004.Ho, Karen Liquidated. Ethnography of Wall Street, Durham:Duke University Press, 2009 - Essay Example

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Culture reflects the system of meaning and knowledge that guide the life of a cultural group. This term is a product of the social-cultural anthropology field,…
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Review the following ethnographies and evaluate their use of the methodology:Sayad, Abdelmalek; The Suffering of the Immigrant, Cambridge, Polity Press, 2004.Ho, Karen Liquidated. Ethnography of Wall Street, Durham:Duke University Press, 2009
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Extract of sample "Review the following ethnographies and evaluate their use of the methodology:Sayad, Abdelmalek; The Suffering of the Immigrant, Cambridge, Polity Press, 2004.Ho, Karen Liquidated. Ethnography of Wall Street, Durham:Duke University Press, 2009"

Download file to see previous pages On the other hand, methodology is the orderly study of methods. These are the methods which have been, are or can be applied within a given discipline. The following is an evaluation on the on methodology of the Wall Street as written in Liquidated: Ethnography of Wall Street by Karen Ho (Fine, 1993).
In “Liquidated”, Karen Ho an anthropologist busts the aura of the abstract and all powerful Street Wall market to show how financial markets, and especially the busts and booms are constructed. By carrying out an in depth research into the day to day experiences, ideologies and culture of the Wall Street investment bankers, she explains how financial dominance of an unstable market is to be justified, understood and produced. The market is a product of the process of restructuring of the larger economy and corporations. Having worked in an investment bank as an investment consultant, she observes that the approaches of bankers to financial markets are inseparable from the strategies and structure of their places of work. These work places are characteristic of seasoned managing directors, stressed first year associates, undergraduates looking for employment and alienated analysts (Miller, 1987).
Bankers are recruits of elite universities these are Harvard and Princeton. These bankers make an entry and assimilation absorbs them into a high risk and high reward world. They earn a reasonable pay, and they understand that their jobs are not secure and that they can be let go to any instance. The culture of their work place and the privilege network builds a perception that liquidity of employee’s results to smart, efficient businesses and job insecurity builds character. Based on compensation practice, which a connect to the profligate of deal making and the culture of liquidity, investment bankers of the Wall Street reshape an image of their own American corporate, their mission being the ...Download file to see next pagesRead More
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