Becoming an asset exceeds property relations and needs separation from socio-material context

Evidence

The transformation of a thing into an investable asset requires that it is ‘neatly delineated’ in sovereign legal and juridical terms as property that is detachable from its socio-material context (Muniesa et al., 2017: 129). Yet, the production of assets is always already greater than the production of property relations because, again in the terms of Muniesa et al. (2017: 128–131), the processes of ‘becoming asset, becoming investment’ are fundamentally intertwined. — Paul Langley, Assets and Assetization in…, 27

Categorization

  • XREF: The ‘neatly delineated detachable property’ point resonates with assetization work on data and infrastructure stripping context. — connects to: Value emerges from relational valuation practices, not from objects themselves. — Ève Chiapello, Financialisation of Valuation, 23; Physical assets are becoming tradeable commodities in real-time digital markets — Shoshana Zuboff, The Age of Surveillance Capitalism, 653