Conservatives versus wildcats : a sociology of financial conflict / Simone Polillo.

Includes bibliographies and index.

Money, banks, and creditworthiness : three myths? -- Banking and finance as organized conflict -- Institutions and the struggle over creditworthiness in 19th-century United States -- Wildcats, reputations, and the formation of the Federal Reserve -- Italian elites and the centralization of creditworthiness -- Italian creditworthiness : from central to national.

For decades, the banking industry seemed to be a Swiss watch, quietly ticking along. But the recent financial crisis hints at the true nature of this sector. As Simone Polillo reveals in Conservatives Versus Wildcats, conflict is a driving force. Conservative bankers strive to control money by allying themselves with political elites to restrict access to credit. Barriers to credit create social resistance, so rival bankers-wildcats-attempt to subvert the status quo by using money as a tool for breaking existing boundaries. For instance, wildcats may increase the circulatio.

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