{"product_id":"hedged-out-megan-tobias-neely-9780520307704","title":"Hedged Out: Inequality and Insecurity on Wall Street","description":"\u003cb\u003eA former hedge fund worker takes an ethnographic approach to Wall Street to expose who wins, who loses, and why inequality endures.\u003c\/b\u003e \u003cp\u003e\u003c\/p\u003e Who do you think of when you imagine a hedge fund manager? A greedy fraudster, a visionary entrepreneur, a wolf of Wall Street? These tropes capture the public imagination of a successful hedge fund manager. But behind the designer suits, helicopter commutes, and illicit pursuits are the everyday stories of people who work in the hedge fund industry--many of whom don't realize they fall within the 1 percent that drives the divide between the richest and the rest. With \u003ci\u003eHedged Out\u003c\/i\u003e, sociologist and former hedge fund analyst Megan Tobias Neely gives readers an outsider's insider perspective on Wall Street and its enduring culture of inequality. \u003cp\u003e\u003c\/p\u003e\u003ci\u003eHedged Out\u003c\/i\u003e dives into the upper echelons of Wall Street, where elite white masculinity is the standard measure for the capacity to manage risk and insecurity. Facing an unpredictable and risky stock market, hedge fund workers protect their interests by working long hours and building tight-knit networks with people who look and behave like them. Using ethnographic vignettes and her own industry experience, Neely showcases the voices of managers and other workers to illustrate how this industry of politically mobilized elites excludes people on the basis of race, class, and gender. Neely shows how this system of elite power and privilege not only sustains itself but builds over time as the beneficiaries concentrate their resources. \u003ci\u003eHedged Out \u003c\/i\u003eexplains why the hedge fund industry generates extreme wealth, why mostly white men benefit, and why reforming Wall Street will create a more equal society.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Megan Tobias Neely\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 0520307704\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9780520307704\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e University of California Press\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 01\/25\/2022\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 336\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.35lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.06h x 6.14w x 1.26d\u003cbr\u003e\u003cbr\u003e\u003cb\u003eReview Citation(s): \u003c\/b\u003e\u003cbr\u003e\u003ci\u003ePublishers Weekly\u003c\/i\u003e 11\/15\/2021","brand":"Megan Tobias Neely","offers":[{"title":"Hardcover","offer_id":44049947295999,"sku":"9780520307704","price":28.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_5fe2e6e8-19b5-455a-9713-5319fd97553e.jpg?v=1685004310","url":"https:\/\/www.whiterainbookhouse.com\/products\/hedged-out-megan-tobias-neely-9780520307704","provider":"WR Book House","version":"1.0","type":"link"}