Financialised reasoning can colonise non-monetary measures like scores and percentages.

Evidence

An important distinction is made between ”financial” or ”monetised” quanti- fications and ”financialised” quantifications. The boundary of the financialisation of conventions does not lie between monetary quantifications and other types of quantification, but makes distinctions inside those two groups. Some monetary quantifications do not use financialised conventions but nevertheless end up as a financial figure. In contrast, some non-monetary quantifications, for example certain scores or percentages, are rooted in financialised reasoning even if they are not expressed in monetary units. — Ève Chiapello, Financialisation of Valuation, 11

Categorization

• DEFINE: Core conceptual distinction: ‘financialized’ quantifications are defined by their underlying reasoning convention, not by their currency units.
• XREF: Connects to financialization-of-everything literature and to the reader’s theme of how financialized valuation colonizes non-financial activity. — connects to: Financialisation also colonizes non-economic spheres via valuation techniques. — Ève Chiapello, Financialisation of Valuation, 15; Money carries multiple frames of value beyond its economic function — Max Haiven, Cultures of Financialization, 386; Financialization means finance’s logics penetrate the fabric of everyday life — Max Haiven, Cultures of Financialization, 72 (+1 more)

Related

• Financialisation also colonizes non-economic spheres via valuation techniques. (similarity 0.88)
• Financialised valuation draws on financial economics and mathematical finance. (similarity 0.85)
• Financialised valuations override prior forms of valuation and reshape how people act and identify (similarity 0.85)
• Some financial metrics resist financialization by ignoring time and capital logic (similarity 0.85)
• Financialization treats risk as probabilisable, displacing close knowledge of the object valued (similarity 0.82)
• Money carries multiple frames of value beyond its economic function (similarity 0.82)
• Financial language now reshapes public policy domains historically governed by other values. (similarity 0.81)
• Financialization means finance’s logics penetrate the fabric of everyday life (similarity 0.80)
• Financialized valuation imposes short-termism and disconnects decisions from material production. (similarity 0.80)
• Finance derives prices for new objects from unrelated market prices (similarity 0.80)
• Financialization means finance’s motifs spreading into spheres far from finance proper (similarity 0.80)
• Finance creates intangible commodities that exist only through valuation techniques (similarity 0.79)
• Financialization means financial ideas and tropes migrating out to transform culture. (similarity 0.79)
• Financial language simultaneously reflects and advances the spread of financialization. (similarity 0.79)
• Financialization is how society gets liquidated into marketable commodities (similarity 0.79)

Broader Connections

• Financialisation also colonizes non-economic spheres via valuation techniques. #corroborates (0.95) — Ève Chiapello, Financialisation of Valuation, 15
• Financialised valuations override prior forms of valuation and reshape how people act and identify #expands (0.85) — Ève Chiapello, Financialisation of Valuation, 16
• Financialization means finance’s logics penetrate the fabric of everyday life #expands (0.80) — Max Haiven, Cultures of Financialization, 72
• Money carries multiple frames of value beyond its economic function #qualifies (0.70) — Max Haiven, Cultures of Financialization, 386