Finance creatively generates new forms of social and political life

Evidence

But much like late Dutch colonialism’s “unintended consequence” of the Indonesian imagination, financialized capitalism’s own unintended consequence is the triggering of a new shared vernacular. This is a uniquely important insight, and foregrounds one of this book’s central tenets: the socially and politically generative operation of finance; its productive, rather than merely destructive, role in shaping new speculative communities. — Aris Komporozos-Athanasiou, Speculative Communities, 98

Categorization

• XREF: Directly extends Benedict Anderson’s Imagined Communities thesis, which the reader is clearly working with in this chapter’s argument structure. — connects to: Finance methods have been used to craft environmental public policy since the mid-1990s — Ève Chiapello, Financialisation of Valuation, 84; Finance can unwittingly generate political connections among marginalized people.; Finance may revitalize democratic community rather than only undermine it — Aris Komporozos-Athanasiou, Speculative Communities: Living with…, 396 (+18 more)