The interest of this academic work is to examine the usage of financial products, i.e. products traded on financial markets, in the Danish agriculture sector. The usage of financial products is analysed by paying particular attention to how it affects the subjectivity of the individual farmer. In recent years big losses on swap contracts has occurred among Danish farmers. This thesis examines the historic condition for farmers’ engagement in financial markets and how this historic condition affects and forms their subjective structure of desire. Furthermore, it examines how farmers handle these new financial instruments by the help of risk modelling. The investigation pays particular attention to whether or not farmers confront new risks by using these instruments for handling risk on financial markets. The examination is based on interviews with various persons within the Danish farming sector and a number of sources ranging from news articles to press releases. I will argue that the structure of desire is based on historical notions of growth, optimization, and independence, which has been circulating and formed among the participants in the Danish farming sector for decades. Rather than purely economic, I will demonstrate that the desire for engaging in financial transactions is above all an existential desire. The quest for existential relieve is supported by the fantasy of security in the long run, which underpins the farmer’s confidence in that the market eventually will generate surplus. Based on Slavoj Žižek’s concepts of the Real, the symbolic, and the imaginary, I conclude that the fantasies supporting the farmers’ engagement in the financial markets are basically based on a paradox. The farmer’s fundamental desire is to become independent from economic interests. Yet, the only way he can achieve this, ironically, is by increasing his financial activities. This conclusion begs the question of whether or not the fantasies connecting the farmer’s desire and the financial markets in general are productive for the individual and for society?
|Educations||MSc in Philosophy, (Graduate Programme) Final Thesis|
|Number of pages||115|