Activity

Risk gives the appearance of choice, power, and individual agency. As such, risk provides a powerful justification for the lack of security in jobs in the new economy. If anything, capitalism’s social innovation during the dot-com boom was to make images of risk and the lack of job security a good …

Risk created a sense of choice, oftentimes false, that pervaded tech workers’ narratives about their careers. For people who worked in Internet start-up companies, the risks they took represented, in their own words, their hopes and dreams and “only the upside” in the words of a software engineer. …

Another form of venture labor involves shifting managerial responsibility onto the employees themselves. Flexible, short-term, project-based workplaces place more responsibility for getting and keeping work on employees themselves. Heightened job insecurity means workers are increasingly exposed to…

One strategy for managing the risk of contemporary work is what I call venture labor. Venture labor is the investment of time, energy, human capital, and other personal resources that ordinary employees make in the companies where they work. Venture labor is the explicit expression of entrepreneuri…

However, this knowledge is now matched with distrust in the institutions that could help individuals hedge their bets. As Van Loon put it, in a risk society “closures offered by expertise, legislation and moral panics are no longer met with trust in the systems that produced them.”42 We have replac…