Fighting financialization requires wielding speculation on shifting ground

Evidence

I argue that understanding these affinities requires a departure from monolithic accounts of negative speculation, as well as myths of risk-taking and risk control, acknowledging instead the complex sociality of speculative communities both within and beyond financial markets. Such an integrated approach points to the unexpected ways in which the speculative imagination can empower the project of collective autonomy and offer the political grammar for a more radical engagement with the future’s indeterminacy. Harnessing the transformative forces of speculative communities for progressive political purposes means fighting financialization on its own ground—while acknowledging that this ground is shifting in unforeseeable ways. — Aris Komporozos-Athanasiou, Speculative Communities, 43

Categorization

• XREF: connects to: Speculative wagers can be deployed as counter-power against dominant financial structures — Aris Komporozos-Athanasiou, Speculative Communities: Living with…, 31; Contemporary political struggle is now fought on finance’s own terrain — Aris Komporozos-Athanasiou, Speculative Communities: Living with…, 486; Counter-speculation turns financial uncertainty against oppressive structures — Aris Komporozos-Athanasiou, Speculative Communities: Living with…, 69 (+6 more)