book launch


Share this event

Facebook
Twitter
LinkedIn

Concept Note

Contemporary financial markets have been characterised by sociocultural phenomena such as ‘meme stocks,’ the GameStop short squeeze, and ‘You Only Live Once (YOLO)’ trading. These are movements led by small-scale retail investors banding together to participate forcefully in financial markets through decentralised but coordinated actions. This book deploys many different subdisciplines to explore the recent ‘power grabbing’ of retail investors and the online environment that enables them to join the ranks of major financial players and participate in contemporary capitalism. It offers multiple perspectives on the genesis, role, motivations, power, and future prospects of retail investors as a force in contemporary financial markets. Drawing upon the insights of authors hailing from many different countries, the book frames YOLO capitalism through numerous angles that help to explain the context and the importance of activist retail investors in modern financial markets, and thereby explore the possibilities of a transformed financial future with much wider small-scale participation.

The book assesses the potential of online – and other – communities in enabling global coordination in impacting or even driving financial and crypto markets, and the challenges that come with it and weighs the competing narratives both positive and negative regarding YOLO capitalism. It strikes a balanced assessment of their legal, cultural, behavioral, economic, and political roles in modern finance.

To discuss the main theme behind the book, its conceptualisation, overview and findings of the various chapters, the book was launched by CASS on 12 April 2023, with its co-editors and several of the authors:

Co-editors:

  • Dr Usman W. Chohan, Advisor (Economics and National Development), Centre for Aerospace & Security Studies (CASS), Islamabad, Pakistan
  • Dr Sven Van Kerckhoven, Vice-Dean for Education and Assistant Professor, Business and Economics, Brussels School of Governance, Belgium

Authors:

  • Prof. Sven Van Kerckhoven (Belgium)
  • Prof. Sean O’Dubhghaill (Ireland)
  • Dr Ilker Alsan (Switzerland)
  • Dr Scott Timcke (South Africa)
  • Prof. Nizan Packin (United States)
Youtube Link: https://www.youtube.com/watch?v=6LGSF4uGEiA&t=90s

Press Release

Media Coverage

News Coverage

Newpaper Links

Other Events

Shifting Battlefields: Impact of Emerging Technologies on the Character of Warfare in South Asia

This CASS seminar aims to examine the development and proliferation of these technologies in South Asia, especially considering their future role in conflict scenarios. Here, ‘conflict’ is understood in a broad sense, encompassing more than traditional military operations. The seminar will include a Keynote Address, followed by presentations from subject specialists.
  93 views

Read More »
Virtual Book Launch

Public Value and the Post-Pandemic Society

The book, written by CASS Advisor Dr Usman W Chohan, examines many different facets that appeal deeply to public value scholarship: value stability & transitions, inequalities within & between publics, necropolitics, disaster preparedness,
697 views

Read More »
Mitigating Pop

Mitigating Pakistan’s Population Challenges

The Centre for Aerospace & Security Studies (CASS), Islamabad, recognises the urgency of addressing these pressing issues and their interconnectedness. To foster a more informed and constructive discourse, CASS is planning to organise a series of seminars
383 views

Read More »

Stay Connected

Follow and Subscribe

Join Our Newsletter
And get notified everytime we publish new content.

© 2022 CASSTT ALL RIGHTS RESERVED

Developed By Team CASSTT

Contact CASS

CASS (Centre for Aerospace & Security Studies), Old Airport Road, Islamabad
+92 51 5405011
cass.thinkers@casstt.com
career@casstt.com

All views and opinions expressed or implied are those of the authors/speakers/internal and external scholars and should not be construed as carrying the official sanction of CASS.