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The consumer is not, as in a previous era of liberalism, a purported equal trader on a market — leaving aside the problematic basis for thinking this ever came about — but a “capital” among others, an entrepreneur most often providing free labor that creates value for others. If the laborer in the …

Rather, what would a (cultural) politics look like that approached the desires that feed financialization? What sorts of new constituencies and collaborations would need to form to fulfill those desires otherwise? And how could writing and research about financialization not merely point to the “bi…

[...] all financial crises are, elementally, crises of liquidity: the fluid convertibility of one form of capital into another [...] In the most recent crisis, derivatives and other securities based on the sub-prime market ceased overnight to be convertible into ready cash or other assets because n…

For our purposes, it should be noted that the entire sub-prime market was based on offering NINJA borrowers a chance for privatized upward class mobility through the lure of home ownership. One way of reading this situation is to suggest that low-income workers accepted the loans as a form of resis…

For our purposes, it should be noted that the entire sub-prime market was based on offering NINJA borrowers a chance for privatized upward class mobility through the lure of home ownership. One way of reading this situation is to suggest that low-income workers accepted the loans as a form of resis…