Rise of finance capital is inseparable from the postmodern turn in culture

Evidence

Jameson argued that the increasingly abstract nature of the financial economy was finding its articulation in popular culture, from the frenetic pastiche of postmodern film and art to the money-centric architecture and design of an increasingly homogenized archipelago of global cities on whose speculative real-estate empires the financial sector depended (1997). For Jameson, the rise of finance capital is inseparable from the postmodern turn, and its disjunctive and hybridizing cultural practices and texts cannot be understood except within the context of a post-gold-standard world, where money has no fixed meaning and where debt and credit rule. — Max Haiven, Cultures of Financialization, 93

Categorization

• XREF: Direct precursor to the exact cultural argument the reader is after — finance’s abstraction surfacing as postmodern pastiche and homogenized urban architecture. — connects to: Finance capitalism now shapes collective imagination the way print capitalism built nations — Aris Komporozos-Athanasiou, Speculative Communities: Living with…, 271; Finance creatively generates new forms of social and political life — Aris Komporozos-Athanasiou, Speculative Communities: Living With…, 98; Money’s instability created postmodernity’s crisis of representation — David Harvey, The Condition of Postmodernity: An…, 1883 (+15 more)
• QUESTION: Testable claim: does post-gold-standard money’s unfixed meaning actually map onto postmodern culture’s decentering, or is this a suggestive correlation?

Broader Connections

• Financialization colonizes culture through diffuse metaphors, narratives, and techniques #expands (0.85) — Max Haiven, Cultures of Financialization, 35
• The modern-to-postmodern shift correlates with capitalism’s transformation from monopoly to multinational #corroborates (0.85) — Fredric Jameson, Postmodernism, or, The Cultural Logic…, 374
• Culture is not superstructural but is where financialized capitalism subjugates social values #expands (0.85) — Max Haiven, Cultures of Financialization, 563
• Cultural industries shifted from commodity language to financial-instrument language #expands (0.82) — Andrew deWaard, Derivative Media, 96
• Financialization colonizes culture by fusing economic price with social value #expands (0.82) — Max Haiven, Cultures of Financialization, 561
• Money’s instability created postmodernity’s crisis of representation #qualifies (0.80) — David Harvey, The Condition of Postmodernity, 1883
• Capital’s own logic of reification drives realism through modernism into postmodernism. #expands (0.80) — Fredric Jameson, Postmodernism, or, The Cultural Logic…, 256
• Financialization reshapes cultural industries through macroeconomic shifts. #expands (0.80) — Andrew deWaard, Derivative Media, 58
• Finance creatively generates new forms of social and political life #expands (0.78) — Aris Komporozos-Athanasiou, Speculative Communities, 98
• Finance is socially and politically generative, not merely economically exploitative #expands (0.78) — Aris Komporozos-Athanasiou, Speculative Communities, 22
• Finance produces its own imagined communities rather than merely colonizing existing ones #complicates (0.75)
• Finance’s resilience stems from imagination, not rationality #expands (0.75) — Aris Komporozos-Athanasiou, Speculative Communities, 28