Resistance to financialization requires embracing rather than rejecting one’s status as investee

Evidence

Philosopher Michel Feher (2018), whose work I have already discussed in previous chapters, has explicitly aimed to capture the potential for this more immanent politics of resistance to financialization. Feher’s approach, like Appadurai’s, goes further than traditional debt activism. He argues that, in order to make such potential materialize, debtors need to cynically embrace the role of investee bestowed on them by creditors, appropriating their own condition so that they can mobilize against it. … For Feher, while the demands of the Keynesian era’s unionized labor were full employment and social security, the task of today’s investees must be to imagine the future’s new appreciable, creditworthy projects. — Aris Komporozos-Athanasiou, Speculative Communities, 314

Categorization

• DEFINE: Introduces the concept of ‘investee’ politics — the defining framework for financialized political subjects.
• XREF: connects to: Debtors can weaponize their own investee status to fight financialization from within — Aris Komporozos-Athanasiou, Speculative Communities: Living with…, 485