Last Sessions at the Palais Brongniart (1988 and 1998)

Territories in Question: Routes in Territories
Events and Counter-Events
By Jean-Pierre Hassoun
English

The disappearance of the public auction market is viewed as resulting from the modernization of the Parisian financial sector by the mid-1980s. Two markets are concerned: first, the stock market that closed in 1988, which is studied on the basis of filmed archive documents centered on a symbolic action staged as a funeral; second, the derivatives market that disappeared in 1998. It is studied on the basis of ethnographic surveys carried out at Palais Brongniart during a period marked by strikes of salaried and independent employees. These social and symbolic actions are responses to the destructive and re-founding events that these closures represent. They are largely determined by the all-encompassing frameworks and socio-institutional histories. They depict a specific social period and have in common the fact of being unique in each of these local histories. Be they peaceful or conflictual, these actions must be regarded as counter-events rather than rituals or simple strikes. They are also the premise of enchanting accounts that will construct the past in a regretful mode and an institution golden age in memories and accounts of post-closure days.

Keywords

  • paris stock exchange
  • open outcry market
  • strike
  • event
  • golden age
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