Insuring, hedging and reassuring constitute the shared speculative practice of finance and populism
Evidence
I show how unexpected affinities between financiers and neopopulists come to light as they enact their respective practices of speculation. It is therefore the insurance (that is, the hedging, ensuring and reassuring) dimension of the new vernacular of speculation that we must now examine to understand this more generative politics suffusing speculative communities. — Aris Komporozos-Athanasiou, Speculative Communities, 270
Categorization
- DEFINE: Specifies the sense of ‘speculation’ doing the work here — insurance/hedging, not gambling.
- XREF: connects to: Right-wing populism’s anti-finance rhetoric masks its deep integration with financial elites — Aris Komporozos-Athanasiou, Speculative Communities: Living With…, 250; Populist nationalism and speculative betting on uncertainty reinforce each other mutually — Aris Komporozos-Athanasiou, Speculative Communities: Living With…, 293; Populist passions animate rather than oppose financial rationality — Aris Komporozos-Athanasiou, Speculative Communities: Living With…, 268 (+10 more)
- yield-rescued: below the book’s yield-target cutoff, included anyway for connecting to: Right-wing populism’s anti-finance rhetoric masks its deep integration with financial elites — Aris Komporozos-Athanasiou, Speculative Communities: Living With…, 250; Populist nationalism and speculative betting on uncertainty reinforce each other mutually — Aris Komporozos-Athanasiou, Speculative Communities: Living With…, 293; Populist passions animate rather than oppose financial rationality — Aris Komporozos-Athanasiou, Speculative Communities: Living With…, 268 (+10 more)
Broader Connections
- Financial reason and populist feeling are not opposed but entangled
#corroborates(0.92) — Aris Komporozos-Athanasiou, Speculative Communities, 268