New Deal progressivism and patriotic speculation jointly created homo speculans.
Evidence
As a result, a good part of the twentieth century will remain “devolatised” (Levy 2012, 313) and largely free of yesteryear’s financial panics—“markets and publics” will be now brought under the banner of state-endorsed speculation. This dilution of moral sentiment around speculation and the patriotic infusion of its imagination might appear antithetical to the progressivism of the New Deal era and postwar social security. But, as my so far historical account has shown, these seemingly disparate ideas worked in tandem to furnish the basis of an emerging homo speculans that has been taken for granted ever since. — Aris Komporozos-Athanasiou, Speculative Communities, 135
Categorization
- XREF: connects to: Financialization reawakened homo speculans, forging false-binary populist alliances. — Aris Komporozos-Athanasiou, Speculative Communities: Living With…, 254; Homo speculans replaces homo economicus as contemporary capitalism’s characteristic subject — Aris Komporozos-Athanasiou, Speculative Communities: Living With…, 357; Homo speculans originated in Chicago’s futures exchanges and populist movements — Aris Komporozos-Athanasiou, Speculative Communities: Living With…, 25 (+5 more)
- yield-rescued: below the book’s yield-target cutoff, included anyway for connecting to: Financialization reawakened homo speculans, forging false-binary populist alliances. — Aris Komporozos-Athanasiou, Speculative Communities: Living With…, 254; Homo speculans replaces homo economicus as contemporary capitalism’s characteristic subject — Aris Komporozos-Athanasiou, Speculative Communities: Living With…, 357; Homo speculans originated in Chicago’s futures exchanges and populist movements — Aris Komporozos-Athanasiou, Speculative Communities: Living With…, 25 (+5 more)
Broader Connections
- Homo speculans originated in Chicago’s futures exchanges and populist movements
#complicates(0.80) — Aris Komporozos-Athanasiou, Speculative Communities, 25