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An exploration of the fundamental relationship between opera and urban modernity in three iconic cities: London, Paris, and New York.

At the end of the nineteenth century, London, Paris, and New York were quintessential modern metropolises and vital centers for opera. In Operatic Infrastructures, Flora Willson examines opera’s roots in the material worlds of these cities. Reaching beyond histories of opera as spectacle, she investigates the physical underpinnings of opera at the century’s end as an inter-urban, multimedia network. 

Operatic Infrastructures considers emergent technologies such as the telephone and the subway, but it also retrieves the hidden, forgotten, and otherwise effaced traces of systems such as storage facilities and colonial trade routes. It takes seriously the mundane aspects of materiality, from the blandest clichés of newspaper columns to the fine print of insurance certificates. In doing so, the book reveals just how far these interfaces with modern urban life reached into opera’s own systems of meaning-making and performance in the 1890s—making it impossible to demarcate neatly between “opera” and its “context.” Without such operatic infrastructures, Willson shows, there would be no opera at all.

From New York to Singapore, from Chicago to London, the trading floors of the world’s financial markets are icons of global capitalism. Images of them are used on the news all the time—traders burying their heads in their hands when the market is down, their arms flailing in a frenzy when fortunes are rising—to convey the current state of the economy. But these marketplaces, and the cultural life that sustains them, are dissolving into the ether of the digital age: powerful financial institutions are shutting down the trading pits, replacing face-to-face exchanges with an electronic network where traders sit, face to screen, finger to mouse, and compete in a global arena made up of digits and charts. 

Out of the Pits considers the implications of this sea change for everyone involved, from the traders and brokers to the market as a whole. Caitlin Zaloom takes us down to the floor at the Chicago Board of Trade and into a digital dealing room in the City of London. Drawing on her own firsthand experiences as a clerk and a trader and on her unusual access to these key sites of global finance, she explainshow changes at the world’s leading financial exchanges have transformed economic cultures and the craft of speculation; how people and places are responding to the digital transition; how traders are remaking themselves to compete in the contemporary marketplace; and how brokers, business managers, and software designers are collaborating to build new financial markets. 

A penetrating and richly detailed account of how cities, culture, and technology shape everyday life in the new global economy, Out of the Pits will be must reading for business buffs or anyone who has ever wondered how financial markets work.