Activity

So, we can understand financialization as a terrain of struggle and friction between different spheres and cycles of reproduction: the reproduction of capital writ large

The reason why the idea of fictitious capital is useful is because it draws our attention to the way that finance foments and depends on the production of social fictions.

The gap between the two is a productive lacuna in Marx’s work which allows us to pinpoint a key element of capitalist crisis

financiers internalize a culture of risk management and are guided by an imagined relation to a highly circumscribed future.

Financialization both foments and relies upon discursive and material formations such as precariousness, security, play, creativity and resistance.