Financial accumulation depends on resistance rather than pure top-down power

Evidence

Yet such talk of sovereignty should not tempt us to imagine that finance is exclusively or simply a top down imposition of oligarchical power. This cycle of financial accumulation depends, fundamentally, on resistance. — Max Haiven, Cultures of Financialization, 500

Categorization

• QUESTION: How exactly does financial accumulation depend on resistance? The passage raises the claim but defers the mechanism — worth chasing across the rest of the book.
• XREF: connects to: The same creative power drives both financial capitalism and resistance to it — Max Haiven, Cultures of Financialization, 112; Capital precedes and shapes resistance rather than resistance driving capital — Fredric Jameson, Postmodernism, or, The Cultural Logic…, 923; Commodified resistance reinforces the individualization that finance depends on — Max Haiven, Cultures of Financialization, 532 (+5 more)

Broader Connections

• Capital precedes and shapes resistance rather than resistance driving capital #contradicts (0.90) — Fredric Jameson, Postmodernism, or, The Cultural Logic…, 923
• Neoliberal capital profits by commodifying resistance itself #expands (0.85) — Max Haiven, Cultures of Financialization, 531
• Financialized capitalism absorbs resistance by pricing it in advance as risk. #expands (0.80) — Max Haiven, Cultures of Financialization, 540
• Commodified resistance reinforces the individualization that finance depends on #expands (0.75) — Max Haiven, Cultures of Financialization, 532