TY - UNPD A1 - Hofstätter, Lukas A1 - Hohmann, Marco A1 - Neckel, Sighard A1 - Petzold, Conny T1 - Researching the Global Financial Class : findings from Frankfurt and Sydney ; paper presented to the Third ISA Forum of Sociology, Vienna (Austria), July 12, 2016 T2 - Global Financial Class Working Paper Series, Nr. 4 N2 - This working paper gives insights on a theoretical perspective on class formation in the context of global financial markets and presents first empirical findings regarding the formation of a global financial class. It draws on numerous encounters with financial professionals that were inter- viewed in Frankfurt (Germany) and Sydney (Australia). As a preliminary conclusion from those inves- tigations on a micro-perspective, we state that acting on the market creates a sense of global socia- bility, whereby organizations only play a secondary role. Careers in finance follow internationally homogenized pathways. This process of global class formation is taking place prominently in global financial centers. Therefore we link the level of investigation on a micro-perspective (experience of financial professionals) with global city life and the fabric of the city. This results in empirical findings on a meso-level from an ethnography of the social and professional urban environment of finance in the two global cities. Symbolic struggles engraved in the built environment of Frankfurt and Sydney are traced and discussed against the background of every-day-practices of aspiration in the financial districts investigated. T3 - Global Financial Class Working Paper Series - 4 KW - Globalization KW - Finance KW - Pierre Bourdieu KW - Symbolic Power KW - Transnational Capitalist Class KW - Global Financial Class KW - Global City KW - Aspiration Y1 - 2016 UR - http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/44443 UR - https://nbn-resolving.org/urn:nbn:de:hebis:30:3-444435 SN - 2365-3078 PB - Goethe University Frankfurt CY - Frankfurt am Main ER -