The protective countermovement to markets can itself be exclusionary
Evidence
Nancy Fraser, one of the most prominent contemporary interlocutors of Polanyian theory, has argued convincingly that society can itself be a source of injustice and exclusion rather than a progressive answer to market vagaries. Therefore, counter- movements’ celebrated goal of returning the economy to its “proper place” in society is tenuous, for there is nothing inherently “positive” about society that can re-embed markets in a progressive way (Fraser 2017). … Neopopulist leaders wield a speculative imagination that mobilizes nationalist myths in bids to appeal to disenfranchised groups (typically, but not exclusively, drawn from the white working and middle classes). This, then, is a course of social re-embedding that is inherently exclusionary and discriminatory. — Aris Komporozos-Athanasiou, Speculative Communities, 401
Categorization
- XREF: Links speculatively charged nationalist politics (social imagination) back to the reader’s core interest in how speculation reshapes the social imagination — the right-wing countermovement is itself a speculative imagination wielded by neopopulists. — connects to: Bank bailouts exemplify society’s protective countermovement against markets — Aris Komporozos-Athanasiou, Speculative Communities: Living with…, 400; Rights-based anti-neoliberal struggle can inadvertently entrench the market — Jessica Whyte, The Morals of the Market: Human Rights…, 66; State welfare cannot challenge market dependence without undermining capitalism itself — Clara E. Mattei, Escape from Capitalism, 78
- SEED: Article angle: ‘speculative imagination of the right’ — how nationalist mythmaking functions as a financialized mode of political appeal to disenfranchised groups.
Broader Connections
- Bank bailouts exemplify society’s protective countermovement against markets
#exemplifies(0.82) — Aris Komporozos-Athanasiou, Speculative Communities, 400 - Rights-based anti-neoliberal struggle can inadvertently entrench the market
#exemplifies(0.80) — Jessica Whyte, The Morals of the Market, 66 - State welfare cannot challenge market dependence without undermining capitalism itself
#exemplifies(0.78) — Clara E. Mattei, Escape from Capitalism, 78