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Journal Article
Cultural Politics (2020) 16 (1): 92–110.
Published: 01 March 2020
... by the financial market. The formula mapped stock movements into a knowable stochastic equation. Traders could quantify and hedge against the unpredictable, rendering the stock market a space of riskless profit. However, the 2008 financial crash demonstrated the limits of spatial calculation. Taken together...
Journal Article
Cultural Politics (2024) 20 (1): 23–44.
Published: 01 March 2024
... sports and management-based video games mirrored financial markets in transforming athletes and leagues into derivatives, that is, disaggregated units that could be reassembled in new digital permutations. Each story helps position contemporary online sports betting within a longer historical arc...
FIGURES
Journal Article
Cultural Politics (2019) 15 (1): 88–104.
Published: 01 March 2019
... ways: first, by promoting to news media and policy makers a set of financialized free-market ideas about managing the economy, and second, by managing large companies as financial assets for the benefit of financiers and the super-rich. In both ways, they have encouraged financialization...
Journal Article
Cultural Politics (2019) 15 (1): 1–14.
Published: 01 March 2019
... assumptions about and representations of wealth; institutional and political-economic dynamics, in relation to international financial systems and property markets; and experiences and attitudes, examined via elites’ professional identities and cultural practices. The authors suggest that questioning...
Journal Article
Cultural Politics (2024) 20 (1): 1–22.
Published: 01 March 2024
... securitization as an asset on financial markets. Accordingly, the financialization of debt operates in relation to and through the financialization of social reproduction and everyday life and culture, both materially and affectively (Cavallero and Gago 2021 ; Epstein 2005; Haiven 2014 ; Joseph 2014 ; Martin...
Journal Article
Cultural Politics (2017) 13 (3): 394–396.
Published: 01 November 2017
... into this system, even if conceived within the newer and seemingly neutral bounds of the credit score. Ascher then treads in Marx’s footsteps, following his character, Moneybags, to the financial market. Making this journey, Ascher provides an account of financial capitalism’s ability to generate power...
Journal Article
Cultural Politics (2013) 9 (3): 280–295.
Published: 01 November 2013
... redundancy of all, that of humanity. Progress is anything but: “digital civilization” is actually “a return to numerological paganism and its cults of yore” as today “ the irrational is becoming more and more prevalent in the world's various financial markets” (16). The “Big Accident” will come when...
Journal Article
Cultural Politics (2010) 6 (1): 5–14.
Published: 01 March 2010
... operations in the financial markets. In France, the productive investment of the CAC40 companies is not increasing, even as their profits are rocketing. Since production is no longer able to valorize the full amount of the accumulated capital, an increasing part of that capital remains in the form...
Journal Article
Cultural Politics (2013) 9 (3): 239–262.
Published: 01 November 2013
... in financial markets. Powerful corporations depend on access to liquid credit and must ruthlessly compete to maintain the quarterly growth of their profits and stock prices, in the hopes of pleasing investors or competing with other, similarly driven, global firms ( Foster and Magdoff 2009 ). Under finance's...
Journal Article
Cultural Politics (2015) 11 (3): 329–345.
Published: 01 November 2015
... by Grigg Russell . New York : Norton . Lazzarato Maurizio . 2012 . The Making of the Indebted Man: An Essay on the Neoliberal Condition . Los Angeles, CA : Semiotext(e) . Lea David . 2014 . “ The Future of the Humanities in Today’s Financial Markets .” Educational Theory 64...
Journal Article
Cultural Politics (2022) 18 (3): 473–479.
Published: 01 November 2022
..., “informatically ‘free’” workers, Franklin suggests, might be understood as operating at a middle point: both transparent nodes through which value is transmitted and affectable subjects “because this transmission is predicated on dispossession and market dependence” (76–77). Through its considered and timely...
Journal Article
Cultural Politics (2017) 13 (3): 348–369.
Published: 01 November 2017
... intensifying inequalities and systemic injustices. Discourses of financial literacy dovetail with neoliberal reconfigurations of social welfare programs and international aid schemes based on the idea that free markets that harness and encourage personal entrepreneurship are the solution to all manner...
Journal Article
Cultural Politics (2014) 10 (3): 354–375.
Published: 01 November 2014
... of adaptive metrics. This development has resulted in the intensification of derivatives trading on global financial markets, while also drastically amplifying and transforming online advertising and marketing industries—to name just two relevant examples. On the other hand, the proliferation of digital data...
Journal Article
Cultural Politics (2024) 20 (2): 219–241.
Published: 01 July 2024
... tenuous alliance between neoliberalism and authoritarianism. In the remainder of this article, then, I unpack these infrastructural conditions in a more detailed way, focusing on how the concern around the ezan manifests particularly around speculation and financial markets, threat and security...
FIGURES
Journal Article
Cultural Politics (2022) 18 (2): 173–193.
Published: 01 July 2022
... Communities: Living with Uncertainty in a Financialized World . Chicago : University of Chicago Press . La Berge Leigh Claire . 2021 . “ A Market Correction in the Humanities—What Are You Going to Do with That? ” Los Angeles Review of Books , August 26 . https://lareviewofbooks.org/article...
Journal Article
Cultural Politics (2008) 4 (1): 47–72.
Published: 01 March 2008
... to the economy, the state, and development. 3 As Robert Pollin observes: “The neoliberal economic agenda – of eliminating government deficits and inflation, sharply cutting back government spending, deregulating labor and financial markets, and opening national economies to free trade and multinational...
Journal Article
Cultural Politics (2022) 18 (2): 227–246.
Published: 01 July 2022
.... Hypermodernity is thus not principally a condition of systems going haywire—when financial markets seize up or a natural disaster strikes—but when they function as designed (Szeman and Cazdyn 2010 ). In pursuit of unlimited growth and accumulation without end, hypermodern capitalism feeds on and profits from...
Journal Article
Cultural Politics (2005) 1 (1): 51–74.
Published: 01 March 2005
... of capital and the devalorization of manufacturing but financial markets themselves acquire the capacity to discipline national governments. In the US, moreover, the proliferation of media has been accompanied by a shift in political participation. Rather than actively organized in parties and unions...
Journal Article
Cultural Politics (2005) 1 (2): 139–164.
Published: 01 July 2005
... inconsequential. What emerged under Bush's first term was not an impotent state, but a garrison state that increasingly protected corporate interests and glorified financial markets while stepping-up the level of repression and militarization on the domestic front. Bush's war on terrorism appeared to mimic...
Journal Article
Cultural Politics (2006) 2 (3): 339–358.
Published: 01 November 2006
... to global capitalism. Within the logic of capitalist triumphalism, the only course of action would be to enforce the dictates of the market and expand the market to previously inaccessible places. As David Harvey has recently written, the financial record of neoliberalism is not one of success but rather...