The same creative power drives both financial capitalism and resistance to it
Evidence
Nor do I believe that a post-capitalist future of abundance and peace can be won merely on the cultural front. But I do believe that this expanded idea of fictitious capital can help us begin to come to grips with the creative power that, on the one hand, is harnessed to drive the reproduction of the capitalist system and the subjects germane to it and, on the other, is the wellspring of resistance and refusal. — Max Haiven, Cultures of Financialization, 112
Categorization
- QUESTION: Worth chasing: how exactly does the creative-imaginative capacity that finance exploits become the wellspring of refusal? Haiven gestures but doesn’t yet specify.
- XREF: connects to: Finance capitalism’s power struggles are fundamentally contests over speculative imagination — Aris Komporozos-Athanasiou, Speculative Communities: Living With…, 148; Capitalists collaborate through finance because they feel threatened by resistance — Max Haiven, Cultures of Financialization, 501; Commodified resistance reinforces the individualization that finance depends on — Max Haiven, Cultures of Financialization, 532 (+6 more)
Broader Connections
- Finance capitalism’s power struggles are fundamentally contests over speculative imagination
#expands(0.82) — Aris Komporozos-Athanasiou, Speculative Communities, 148 - Capitalists collaborate through finance because they feel threatened by resistance
#expands(0.78) — Max Haiven, Cultures of Financialization, 501 - Financial accumulation depends on resistance rather than pure top-down power
#expands(0.77) — Max Haiven, Cultures of Financialization, 500 - Commodified resistance reinforces the individualization that finance depends on
#qualifies(0.75) — Max Haiven, Cultures of Financialization, 532 - Financialized capitalism absorbs resistance by pricing it in advance as risk.
#complicates(0.72) — Max Haiven, Cultures of Financialization, 540