Post-1971 financialization and the creativity discourse rose in tandem as allied forces
Evidence
Here, I suggest that there is more than a passing affinity between the rise of post-Bretton Woods financialization since 1971, on the one hand, and the rise in global prominence of the discourse of creativity in a neoliberal idiom, on the other. Ours is supposedly an age of “creative capitalism” that has seen the rise of the “creative class” and “creative cities,” all driven by the inexorable force of “creative destruction.” — Max Haiven, Cultures of Financialization, 50
Categorization
- XREF: Connects directly to deWaard’s cultural argument about finance colonizing imagination and creativity. — connects to: A post-1971 force shifted capitalist power from industry to finance. — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 184; Finance creatively generates new forms of social and political life — Aris Komporozos-Athanasiou, Speculative Communities: Living With…, 98; Financialization captures and encloses human creative capacity through debt — Max Haiven, Cultures of Financialization, 390 (+9 more)
Broader Connections
- Rise of finance capital is inseparable from the postmodern turn in culture
#corroborates(0.90) — Max Haiven, Cultures of Financialization, 93 - Financialization colonizes culture through diffuse metaphors, narratives, and techniques
#expands(0.88) — Max Haiven, Cultures of Financialization, 35 - Finance creatively generates new forms of social and political life
#corroborates(0.85) — Aris Komporozos-Athanasiou, Speculative Communities, 98 - Financialization reshapes cultural industries through macroeconomic shifts.
#expands(0.85) — Andrew deWaard, Derivative Media, 58 - Financialization drives a nonlinear shift from rational to imaginative economic man
#expands(0.85) — Aris Komporozos-Athanasiou, Speculative Communities, 26 - Financialization captures and encloses human creative capacity through debt
#complicates(0.82) — Max Haiven, Cultures of Financialization, 390 - Cultural industries shifted from commodity language to financial-instrument language
#exemplifies(0.82) — Andrew deWaard, Derivative Media, 96 - Financialization both produce and depend on cultural fictions like precarity and creativity
#corroborates(0.80) — Max Haiven, Cultures of Financialization, 54 - The US economy became increasingly financialized in the post-1970s period.
#corroborates(0.80) — Greta R. Krippner, The Financialization of the American…, 5 - Finance has reshaped the human capacity for narrative creation itself
#expands(0.78) - Financialization drives Hollywood consolidation and reduced creative capacity
#complicates(0.75) — Andrew deWaard, Derivative Media, 51