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Fast Money Schemes : Hope and Deception in Papua New Guinea /

In the late 1990s and early 2000s a wave of Ponzi schemes swept through Papua New Guinea, Australia, and the Solomon Islands. The most notorious scheme, U-Vistract, attracted many thousands of investors, enticing them with promises of 100 percent interest to be paid monthly. Its founder, Noah Musing...

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Detalles Bibliográficos
Autor principal: Cox, John (Anthropologist) (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Bloomington, Indiana : Indiana University Press, [2018]
Colección:Book collections on Project MUSE.
Temas:
Acceso en línea:Texto completo

MARC

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100 1 |a Cox, John  |c (Anthropologist),  |e author. 
245 1 0 |a Fast Money Schemes :   |b Hope and Deception in Papua New Guinea /   |c John Cox. 
264 1 |a Bloomington, Indiana :  |b Indiana University Press,  |c [2018] 
264 3 |a Baltimore, Md. :  |b Project MUSE,   |c 2018 
264 4 |c ©[2018] 
300 |a 1 online resource (260 pages). 
336 |a text  |b txt  |2 rdacontent 
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338 |a online resource  |b cr  |2 rdacarrier 
490 0 |a Framing the global series 
505 0 |a Studying scams -- The story of U-Vistract -- Money schemes in Melanesia -- Cargo cult mentality -- Plausibility, experimentation, and deception -- U-Vistract and the prosperity gospel -- Negative nationalism and Christian citizenship -- Christian patrons and cosmopolitan sentiments -- "Some of us are fed up of banks!" -- Nationals investing in the global -- Conclusion: disillusionment. 
520 |a In the late 1990s and early 2000s a wave of Ponzi schemes swept through Papua New Guinea, Australia, and the Solomon Islands. The most notorious scheme, U-Vistract, attracted many thousands of investors, enticing them with promises of 100 percent interest to be paid monthly. Its founder, Noah Musingku, was a charismatic leader who promoted the scheme as a form of Christian mission and as the basis for establishing an independent kingdom. Fast Money Schemes uses in-depth interviews with investors, newspaper accounts, and participant observation to understand the scheme's appeal from the point of view of those who invested and lost, showing that organizers and investors alike understood the scheme as a way of accessing and participating in a global economy. John Cox delivers a "post-village" ethnography that gives insight into the lives of urban, middle-class Papua New Guineans, a group that is not familiar to US readers and that has seldom been a focus of anthropological interest. The book's concern with understanding the interweaving of morality, finance, and aspirations shared by a global cosmopolitan middle class has wide resonance beyond studies of Papua New Guinea and anthropology. 
588 |a Description based on print version record. 
650 7 |a Swindlers and swindling.  |2 fast  |0 (OCoLC)fst01140414 
650 7 |a Ponzi schemes.  |2 fast  |0 (OCoLC)fst01071031 
650 7 |a POLITICAL SCIENCE / Globalization.  |2 bisacsh 
650 7 |a SOCIAL SCIENCE  |x Criminology.  |2 bisacsh 
650 6 |a Ponzi, Plans  |z Papouasie-Nouvelle-Guinee  |x Histoire. 
650 0 |a Swindlers and swindling  |z Papua New Guinea  |x History. 
650 0 |a Ponzi schemes  |z Papua New Guinea  |x History. 
651 7 |a Papua New Guinea.  |2 fast  |0 (OCoLC)fst01212610 
655 7 |a History.  |2 fast  |0 (OCoLC)fst01411628 
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830 0 |a Book collections on Project MUSE. 
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945 |a Project MUSE - Custom Collection 
945 |a Project MUSE - 2018 Complete 
945 |a Project MUSE - 2018 Archaeology and Anthropology 
945 |a Project MUSE - 2018 Asian and Pacific Studies