Financialization is a contested terrain of conflicting reproduction cycles, not a top-down imposition

Evidence

So, we can understand financialization as a terrain of struggle and friction between different spheres and cycles of reproduction: the reproduction of capital writ large, the reproduction of a financial sub-class, the reproduction of daily life in all its many contradictory forms, and the reproduction of various forms of exploitation. In other words, by examining financialization through the lens of an expanded notion of reproduction, we glimpse it as more than a brutal ideological imposition; it is a scene of crisis and contradiction, of contestation and ingenuity. — Max Haiven, Cultures of Financialization, 130

Categorization

  • XREF: Direct precursor framing for deWaard’s cultural argument — financialization as lived, contested reproduction rather than simple imposition. — connects to: Financialization is reproduced from everyday life, not imposed by an autonomous elite — Max Haiven, Cultures of Financialization, 129; Whether financialization causes neoliberalism or the reverse remains disputed. — Natascha van der Zwan, Making Sense of Financialization, 37; The shift to finance capitalism is nonlinear, not a clean rupture (+3 more)
  • DEFINE: Defines financialization through an expanded notion of reproduction across multiple spheres.

Broader Connections