Palgrave Macmillan has released a paperback verison of my 2014 book Cultures of Financialization: Fictitious Capital in Popular Culture and Everyday Life.
- It can be ordered here: https://www.palgrave.com/us/book/9781137355966
- Public Seminar at the New School published a synoptic overview: “Confronting Financialization Demands a Radical Cultural Politics“
- You can read a recent updated excerpt over at ROAR Magazine: “Financialization, precarity and reactionary authoritarianism“
- I talked about it on the Chicago radio program This is Hell! (30min): “The logic of financialization is a poison in our hearts and our minds“
- There is a longer piece, commissioned by the Transnational Institute (TNI) in early 2017 that expands this work into the current moment: “Monsters of the Financialized Imagination: From Pokémon to Trump“
Financialization not only refers to the incredible power of the financial sector over economics and politics. It also refers to the creep of financial ideas, metaphors, narratives and measurements throughout society and culture more broadly. Examining a wide range of examples and case studies, this book argues that, at the same time as popular culture and everyday life are increasingly saturated by a financial idiom, the financial sector as a whole is more deeply invested than ever in everyday life and culture writ large. From the security culture of Walmart to children’s play with Pokémon trading cards, from the hype around the “creative economy” to the economics of austerity and precariousness, this book seeks to reveal financialization at work where we might least expect to find it. In an age when seemingly imaginary financial assets determine the fates of whole economies, this book suggests we take the idea of “fictitious capital” seriously as a way to understand the power of finance, and what might be done to stop it.