Capitalists collaborate through finance because they feel threatened by resistance

Evidence

First, finance exists in response to resistance. The financial sphere emerges as capitalists seek to collectively share risk and collaborate as a class, and they do so because they feel under threat. — Max Haiven, Cultures of Financialization, 501

Categorization

• XREF: The idea that finance is built on capitalist fear/defense inverts the triumphalist narrative of finance as efficient risk allocation—connects to class-struggle readings of economics. — connects to: The same creative power drives both financial capitalism and resistance to it — Max Haiven, Cultures of Financialization, 112; Financialization responds to worker and anti-colonial resistance by making capital more mobile — Max Haiven, Cultures of Financialization, 501; Capital precedes and shapes resistance rather than resistance driving capital — Fredric Jameson, Postmodernism, or, The Cultural Logic…, 923 (+1 more)

Broader Connections

• Financialization responds to worker and anti-colonial resistance by making capital more mobile #expands (0.82) — Max Haiven, Cultures of Financialization, 501
• Capital precedes and shapes resistance rather than resistance driving capital #contradicts (0.78) — Fredric Jameson, Postmodernism, or, The Cultural Logic…, 923