Money replaces God as controller of future contingency

Evidence

What now serves as a functional equivalent is the idea that having the largest possible amount of money, and hence options, will allow one to appropriately react to future contingencies, i.e., new needs and new threats. In the form of capital, money has taken on the task of transforming indeterminable into determinable complexity and therefore of functioning “as a means of meaning-oriented control of the indeterminable.” In this way, capital induces “the obsession of individual omnipotence” (i.e., the ability to hold all options open). — Hartmut Rosa, Social Acceleration, 488

Categorization

• recurring: this claim recurs 2 times within its source
• XREF: connects to: Market speculation functions as secular prophecy sustaining public faith in finance — Aris Komporozos-Athanasiou, Speculative Communities: Living with…, 227; Finance is monetized quantification of future uncertainty exploiting shared existential precariousness — Max Haiven, Cultures of Financialization, 554; Who controls land destiny is a live question about wealth versus prayer throughout society — Winona LaDuke, All Our Relations: Native Struggles for…, 68

Broader Connections

• Market speculation functions as secular prophecy sustaining public faith in finance #expands (0.78) — Aris Komporozos-Athanasiou, Speculative Communities, 227
• Finance is monetized quantification of future uncertainty exploiting shared existential precariousness #expands (0.75) — Max Haiven, Cultures of Financialization, 554