The antinomies of audit: opacity, instability and charisma in the economic governance of a Hooghly shipyard

Laura Bear

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: This paper rethinks audit regimes from the shadow-land of outsourcing in India. This is the arena of informalized work environments that are connected to global value chains and the revenue streams of an extractive liberalization state focused on public debt repayment. Based on ethnography of one such work-place, Venture Ltd shipyard in Howrah, it argues that in such settings audit creates opacity, disorders the work process and is part of value chains supported by diverse forms of charisma and racial distinction. As a result of these antinomies, testing events are times of friction rather than of the enactment of a shared calculative reason. Overall this case suggests that we need to focus more on the disordered capitalism supported by audit regimes.

Keywords: audit; global value chains; liberalization; informalized labour; race (search for similar items in EconPapers)
JEL-codes: D74 M42 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (1)

Published in Economy and Society, 2013, 42(3), pp. 375-397. ISSN: 0308-5147

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