Finance becomes the model for society’s responses to uncertainty.

Evidence

A core argument of this book is that radical uncertainty is no longer the exclusive purview of economics—all aspects of life now revolve around collective experiences of uncertainty in the form of labor precariousness, rent dependency, indebtedness, emotional insecurity, and political instability. And when it comes to formulating responses to uncertainty, finance becomes the model for society writ large. The divergence of neoliberal reason from finance’s speculative imagination has meant that present struggles of speculation and insurance are experienced more intensely but also more collectively. — Aris Komporozos-Athanasiou, Speculative Communities, 80

Categorization

• XREF: Connects to the reader’s stated frame: speculation migrating from trading floors into all life domains — dating, politics, self-presentation. — connects to: Finance methods have been used to craft environmental public policy since the mid-1990s — Ève Chiapello, Financialisation of Valuation, 84; Uncertainty deepens societies’ need for narratives and makes finance their model — Aris Komporozos-Athanasiou, Speculative Communities: Living with…, 36; Finance has come to dominate American economic life. — Greta R. Krippner, The Financialization of the American…, 7 (+3 more)