Finance can unwittingly generate political connections among marginalized people.

Evidence

This book’s distinct innovation is to tie these developments to a set of deeper transformations undergirded by modern-day finance, which I consider to be both socially and politically generative. The notion of speculative communities I develop is not just an economic metaphor but a concept that will help me stitch together different repertoires of responses to radical uncertainty and frame the distinct forms of dwelling in the present’s queasy volatility. Rather than simply a critique of finance, then, the contribution I endeavor to offer in what follows is a broader conceptual framing of modern capitalist society as a whole. — Aris Komporozos-Athanasiou, Speculative Communities, 22 (#expands, via linked claim)

In this tempestuous political space, the operation of speculative imag­ ination appears in full force. At the heart of speculative communities lies the growing conviction of an unknowable future, a condition typically la­ mented by the variants of insolvent neoliberalism who consider it as a symptom of populist politics. But as I have contended, alongside this political endorsement of unknowability, speculative communities mobilize new forms of insurance in their attempts to hedge the incalculable risks and vexing fears of financialized life. In these new entanglements of gambling and prudence that today become increasingly intricate, a new homo politicus has germinated. The question I will address in what follows, then, is, Has finance, contrary to conventional wisdom, revitalized rather than “undone the demos”? — Aris Komporozos-Athanasiou, Speculative Communities, 396 (#corroborates, via linked claim)

Categorization

• XREF: connects to: Finance is socially and politically generative, not merely economically exploitative — Aris Komporozos-Athanasiou, Speculative Communities: Living With…, 22; Finance creatively generates new forms of social and political life — Aris Komporozos-Athanasiou, Speculative Communities: Living With…, 98; Finance produces its own imagined communities rather than merely colonizing existing ones (+5 more)

Related

• Finance can unwittingly create new political possibilities for marginalized people (similarity 0.94)
• Finance may revitalize democratic community rather than only undermine it (similarity 0.89)
• Finance is socially and politically generative, not merely economically exploitative (similarity 0.89)
• Finance’s politics includes generative vernaculars not just destruction (similarity 0.89)
• Finance creatively generates new forms of social and political life (similarity 0.88)
• Financialized capitalism productively generates new shared communities rather than merely destroying them (similarity 0.86)
• Finance produces its own imagined communities rather than merely colonizing existing ones (similarity 0.86)
• Finance shapes modern societies’ collective myths and imagined communities, not just economies (similarity 0.85)
• Fighting financialization requires wielding speculation on shifting ground (similarity 0.84)
• Contemporary political struggle is now fought on finance’s own terrain (similarity 0.84)
• Finance’s social dominance rests on popular speculative imagination, not mere value subordination (similarity 0.84)
• Progressive politics can combat financialization only by adopting its speculative ground (similarity 0.83)
• Financialization reawakened homo speculans, forging false-binary populist alliances. (similarity 0.82)
• Speculative imagination is a generative social force integrated into everyday capitalist life (similarity 0.82)
• Progressive politics can weaponize speculative methods against finance capitalism (similarity 0.82)

Broader Connections

• Finance is socially and politically generative, not merely economically exploitative #expands (0.85) — Aris Komporozos-Athanasiou, Speculative Communities, 22
• Finance may revitalize democratic community rather than only undermine it #corroborates (0.85) — Aris Komporozos-Athanasiou, Speculative Communities, 396
• Finance creatively generates new forms of social and political life #expands (0.80) — Aris Komporozos-Athanasiou, Speculative Communities, 98
• Finance produces its own imagined communities rather than merely colonizing existing ones #expands (0.80)
• Contemporary political struggle is now fought on finance’s own terrain #expands (0.75) — Aris Komporozos-Athanasiou, Speculative Communities, 486
• Finance shapes modern societies’ collective myths and imagined communities, not just economies #expands (0.75) — Aris Komporozos-Athanasiou, Speculative Communities, 19
• Marginality has become a productive cultural space through political struggle. #expands (0.70) — Stuart Hall, Essential Essays, Volume 2, 275