Speculative communities arise from the tension between financial imagination and neoliberal reason

Evidence

I map out the transformations of capitalism in the post–Bretton Woods era, from nation-statist capitalism to the neoliberal order of the 1970s–2000s, and the twenty-first century’s speculative capitalism. I trace the evolution of the core escalating contradictions guiding the future-oriented dynamics of capitalist society. I locate the rise of speculative communities in the culminating tension between the speculative imagination of finance on the one hand and the entrepreneurial logic of neoliberal reason on the other, which leads to a radical reordering of capitalism’s promissory legitimacy. — Aris Komporozos-Athanasiou, Speculative Communities, 31

Categorization

• DEFINE: Places homo speculans at the collision point of two distinct logics: finance’s speculation versus neoliberal entrepreneurialism.
• XREF: This tension echoes the earlier trading-futures reading on how institutions restructure the uncertainty that markets dare to bet on. — connects to: Speculative communities arise from the collapse of the TINA doctrine. — Aris Komporozos-Athanasiou, Speculative Communities: Living with…, 526; Anderson’s imagined-communities framework applies to speculative finance and collective imaginings. — Aris Komporozos-Athanasiou, Speculative Communities: Living with…, 55; Communities endure financialized life’s chaos by building shared fictions — Aris Komporozos-Athanasiou, Speculative Communities: Living with…, 563 (+2 more)
• corroborated: 2 independent passages support this claim — Aris Komporozos-Athanasiou, Speculative Communities: Living With…, 31