Finance and everyday social life are converging through speculative technologies
Evidence
The advance of speculative technologies, which feeds on this contradiction, demonstrates a growing convergence between the worlds of finance and everyday social life. On one level, this convergence evidences the desire of finance to both represent and conceal the complexity of our current social reality in order to create perpetual flows of revenue through the order of the infinite scroll. — Aris Komporozos-Athanasiou, Speculative Communities, 327
Categorization
- QUESTION: The claim that finance wants to ‘both represent and conceal’ complexity is suggestive but underargued here — worth chasing how that duality is supposed to generate revenue.
- XREF: connects to: Finance has become the primary arbiter of policy and value across daily life — Max Haiven, Cultures of Financialization, 32; Viewing everyday life as investment transforms how people act and cooperate. — Max Haiven, Cultures of Financialization, 61; Speculative technologies are both mediators and expressions of the finance-society relationship (+7 more)
Broader Connections
- Speculative technologies are both mediators and expressions of the finance-society relationship
#corroborates(0.90) - Daily use of financialized digital platforms instills a speculative mode of being and relating
#expands(0.85) — Aris Komporozos-Athanasiou, Speculative Communities, 98 - Popular digital media constitute technologies of speculation binding economic and intimate life
#corroborates(0.85) — Aris Komporozos-Athanasiou, Speculative Communities, 176 - Speculative technologies actively embed speculation into modern society
#corroborates(0.80) — Aris Komporozos-Athanasiou, Speculative Communities, 252 - Speculative technologies function as the grammar of capitalism’s vernacular imagination
#expands(0.80) - Speculative imagination is a generative social force integrated into everyday capitalist life
#corroborates(0.80) — Aris Komporozos-Athanasiou, Speculative Communities, 74 - Finance creatively generates new forms of social and political life
#expands(0.75) — Aris Komporozos-Athanasiou, Speculative Communities, 98 - Financialization means finance’s logics penetrate the fabric of everyday life
#qualifies(0.75) — Max Haiven, Cultures of Financialization, 72