
Reconstellation of Ontological Security among Czech and Slovak Micro-Investors
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Rok publikování | 2024 |
Druh | Další prezentace na konferencích |
Fakulta / Pracoviště MU | |
Citace | |
Přiložené soubory | |
Popis | The presentation stems from my ongoing dissertation research. I aim to make sense of meanings surrounding the recent surge in popularity of non-professional investing with widely available investing apps and brokerage platforms (Preda 2023: 11; Tan 2021) among Czech and Slovak micro-investors. The project bridges the literature on the rise of mass investing culture (e.g. Edwards 2022; Harrington 2010) in the West with literature on rise of individualized, entrepreneurial self in post-socialist context (e.g. Pehe 2022; Lukeš Rybanská and Čada 2024). While I am focusing mainly on individual micro-investors, collecting data from in-depth interviews and ethnographic observations at various events, themes regarding household finance emerged. My research partners see investing as a tool to ensure family’s wealth and security for the future (Rakopoulos and Rio 2018). The discourse around security shifts from a focus on frugality and saving towards more entrepreneurial investorship (Hájek et al. 2019). Being invested then represents a certain hedge against growing inaccessibility of housing and the cost-of-living crisis. My interviewees entrust what Giddens (1990) calls ontological security with institutions of global capitalism rather than local state systems. Concurrently, the talk of ensuring personal security, especially when it comes to pensions, exhibits a similar shift to individualization and market optimism paired with pessimism around future of the welfare state. The shift remains encased in distinctly post-socialist framing, proclaiming supposedly more western, modern, and rational type of household finance management in opposition to previous generations marked by traumas of post-socialist transformation (see Hilmar 2023; Pehe and Wawrzyniak 2023). The presentation overviews these preliminary results and seeks feedback for a further dissertation development. |
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