Political actors weaponize volatility by mobilizing uncertainty-affirming communities

Evidence

We have seen how the radical uncertainty of the future is endorsed and spread in the everyday life of speculative communities. But what are the current political implications of the revitalized ascendancy of homo speculans? How do we account for the political risks of a society taking a wholehearted plunge into uncertainty? And how are such risks distributed and hedged in today’s wavering capitalist democracies? The final part of the book turns to these questions and argues that the speculative mode of everyday life is also reshaping the face of politics in today’s financialized capitalism. A specter of speculative politics is haunting liberal democracy as we know it. To dissect this specter, we need to understand the symbolic resources drawn by an incipient political class that is intent on weaponizing our moment’s volatility, trailing speculative communities along both regressive and progressive pathways. — Aris Komporozos-Athanasiou, Speculative Communities, 371

Categorization

  • SEED: Thesis hook for an essay: how prediction-market and trading mindsets migrate into electoral politics, with volatility treated as a resource to weaponize rather than a risk to hedge.
  • QUESTION: Worth chasing: what concrete mechanisms does the book offer for ‘weaponizing volatility’ politically, and how do regressive versus progressive speculative communities split?
  • XREF: connects to: Uncertainty is a resource enabling political subjectivity, not merely an outcome of finance — Aris Komporozos-Athanasiou, Speculative Communities: Living With…, 160; Speculative communities embrace uncertainty through strategic unknowing rather than anticipation or control — Aris Komporozos-Athanasiou, Speculative Communities: Living With…, 329; Populist nationalism and speculative betting on uncertainty reinforce each other mutually — Aris Komporozos-Athanasiou, Speculative Communities: Living With…, 293 (+5 more)

Broader Connections