Financialized capitalism absorbs resistance by pricing it in advance as risk.

Evidence

One of the key strengths of the present order of neoliberal financialization is that it anticipates and incorporates resistance. Resistance is ultimately factored into financial flows in advance as risk: the present calculus of future probabilities. — Max Haiven, Cultures of Financialization, 540

Categorization

• XREF: This is a powerful bridging concept to deWaard’s cultural argument: resistance itself gets monetized. Also echoes the ‘preemption economics’ idea that later scholarly work on financialized culture develops. — connects to: The same creative power drives both financial capitalism and resistance to it — Max Haiven, Cultures of Financialization, 112; Financial accumulation depends on resistance rather than pure top-down power — Max Haiven, Cultures of Financialization, 500; Financialized capitalism shifted from spreading risk to endorsing risk via self-insurance. — Aris Komporozos-Athanasiou, Speculative Communities: Living With…, 274 (+6 more)

Broader Connections

• Neoliberal capital profits by commodifying resistance itself #expands (0.85) — Max Haiven, Cultures of Financialization, 531
• Capital precedes and shapes resistance rather than resistance driving capital #expands (0.85) — Fredric Jameson, Postmodernism, or, The Cultural Logic…, 923
• Commodified resistance reinforces the individualization that finance depends on #expands (0.80) — Max Haiven, Cultures of Financialization, 532
• Financialization treats risk as probabilisable, displacing close knowledge of the object valued #expands (0.80) — Ève Chiapello, Financialisation of Valuation, 35
• Financialized capitalism shifted from spreading risk to endorsing risk via self-insurance. #expands (0.75) — Aris Komporozos-Athanasiou, Speculative Communities, 274
• Individual resistance is reabsorbed into speculation through personal debts and savings #exemplifies (0.75) — Max Haiven, Cultures of Financialization, 544
• Capitalism co-opts opposition and must be escaped rather than confronted #expands (0.75) — Andrew deWaard, Derivative Media, 468