Financial language simultaneously reflects and advances the spread of financialization.
Evidence
But it is also a key means by which that saturation is advanced, the way financial modes of thinking and understanding are stitched into and throughout the social fabric. This cultural and linguistic shift both reveals and advances a broader socio-economic reality of financialization. — Max Haiven, Cultures of Financialization, 69
Categorization
- XREF: This two-way constitutive claim is the core mechanism that deWaard’s cultural argument likely builds on. — connects to: Financial language now reshapes public policy domains historically governed by other values. — Ève Chiapello, Financialisation of Valuation, 93; Conversation itself is the instrument of global interbank exchange. — Karin Knorr Cetina & Urs Bruegger, Global Microstructures: The Virtual…, 102; Financialization colonizes culture through diffuse metaphors, narratives, and techniques — Max Haiven, Cultures of Financialization, 35 (+8 more)
Broader Connections
- Popular culture both reflects and actively constitutes financialization.
#corroborates(0.92) — Max Haiven, Cultures of Financialization, 94 - Financialization colonizes culture through diffuse metaphors, narratives, and techniques
#expands(0.88) — Max Haiven, Cultures of Financialization, 35 - Finance theory shapes markets through the linguistic infrastructure it provides practitioners
#expands(0.85) — Donald MacKenzie, An Engine, Not a Camera, 1128 - Financial economics and textual form reinforce each other in media production
#expands(0.82) - Financial metaphors and modes have crept into everyday North American culture
#exemplifies(0.80) — Max Haiven, Cultures of Financialization, 91 - Cultural industries shifted from commodity language to financial-instrument language
#exemplifies(0.78) — Andrew deWaard, Derivative Media, 96 - Financialization reshapes cultural industries through macroeconomic shifts.
#exemplifies(0.75) — Andrew deWaard, Derivative Media, 58 - Financialization means finance’s logics penetrate the fabric of everyday life
#qualifies(0.72) — Max Haiven, Cultures of Financialization, 72