Communities endure financialized life’s chaos by building shared fictions

Evidence

The labyrinth’s pathways may be puzzling, but they are the outcome of our own digging; their twists and turns are not the whims of “a trickster,” to use Teju Cole’s words. By digging the proverbial labyrinth, speculative communities give form to chaos and create a world that allows them to endure collectively the vicissitudes of financialized everyday life. … Finance has shaped our very ability to create narratives, paving the way for new communal inhabitations of the unknown. — Aris Komporozos-Athanasiou, Speculative Communities, 563

Categorization

  • XREF: Directly in the reader’s lane: how speculation reshapes the social imagination — this explains the mechanism (communal narrative-building as survival strategy). — connects to: Speculative communities arise from the tension between financial imagination and neoliberal reason — Aris Komporozos-Athanasiou, Speculative Communities: Living With…, 31; Financial wealth is fictitious yet real because shared fictions govern social reproduction — Max Haiven, Cultures of Financialization, 42; Speculative communities give collective form to chaos by digging their own labyrinths — Aris Komporozos-Athanasiou, Speculative Communities: Living With…, 365 (+10 more)
  • STORYSTEM: The labyrinth-we-dig-ourselves image: a speculative community that has dug so far it cannot find its own exit, yet the digging is the meaning — a fable about a prediction-market cult.

Broader Connections