Political populists and financiers both profit from political uncertainty.
Evidence
His infamous market instinct is today confronted by global conspiracies, this time leveled against his own Open Society Foundations (a charity “fighting for freedom of expression, accountable government, and societies that promote justice and equality”). Soros’s populist foes may pit themselves against his suave global speculation, but they seem to have, in an inverted way, the same disposition: harnessing political uncertainty for previously 5: Financialized Populism and New Nationalisms inaccessible yields. — Aris Komporozos-Athanasiou, Speculative Communities, 379
Categorization
- XREF: Connects to the broader finance-library theme of speculation reshaping social imagination, and to Burns on prediction markets; also echoes the reader’s interest in how speculation reshapes imagination rather than just markets. — connects to: Markets and populist publics may share a common yearning for uncertainty — Aris Komporozos-Athanasiou, Speculative Communities: Living with…, 65; Populists and the arch-speculator Soros share a disposition of harnessing political uncertainty for yield — Aris Komporozos-Athanasiou, Speculative Communities: Living With…, 247; Populist passions animate rather than oppose financial rationality — Aris Komporozos-Athanasiou, Speculative Communities: Living With…, 268 (+5 more)
Broader Connections
- Markets and populist publics may share a common yearning for uncertainty
#corroborates(0.95) — Aris Komporozos-Athanasiou, Speculative Communities, 65 - Regressive populism and speculative finance are forming new alliances.
#corroborates(0.95) — Aris Komporozos-Athanasiou, Speculative Communities, 57 - Populists and the arch-speculator Soros share a disposition of harnessing political uncertainty for yield
#exemplifies(0.90) — Aris Komporozos-Athanasiou, Speculative Communities, 247 - Financialization and national populism form a false binary, not opposing forces
#corroborates(0.90) — Aris Komporozos-Athanasiou, Speculative Communities, 390 - Populist passions animate rather than oppose financial rationality
#corroborates(0.85) — Aris Komporozos-Athanasiou, Speculative Communities, 268 - Populism may itself express the public’s irrational exuberance
#expands(0.85) — Aris Komporozos-Athanasiou, Speculative Communities, 686 - Polanyi’s double movement misses the speculative imagination of financialized populism
#expands(0.75) — Aris Komporozos-Athanasiou, Speculative Communities, 269 - Populism is a predictable response to market consolidation beyond politics.
#responds-to(0.70) — Aris Komporozos-Athanasiou, Speculative Communities, 485