Speculative Communities

Living with Uncertainty in a Financialized World

Aris Komporozos-Athanasiou

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English

University of Chicago Press
17 January 2022

Consumerism; Behavioural economics; Finance & accounting

Speculative Communities investigates the financial world’s influence on the social imagination, unraveling its radical effects on our personal and political lives.

In Speculative Communities, Aris Komporozos-Athanasiou examines the ways that speculation has moved beyond financial markets to shape fundamental aspects of our social and political lives. As ordinary people make exceptional decisions, such as the American election of a populist demagogue or the British vote to leave the European Union, they are moving from time-honored and -tested practices of governance, toward the speculative promise of a new, more uncertain future. This book shows how even our methods of building community have shifted to the speculative realm as social media platforms enable and amplify our volatile wagers.

For Komporozos-Athanasiou, “to speculate” means increasingly “to connect,” to endorse the unknown pre-emptively, and often daringly, as a means of social survival. Grappling with the question of how more uncertainty can lead to its full-throated embrace rather than dissent, Speculative Communities shows how finance has become the model for society writ large. As Komporozos-Athanasiou argues, virtual marketplaces, new social media, and dating apps bring finance’s opaque infrastructures into the most intimate realms of our lives, leading to a new type of speculative imagination across economy, culture, and society.

By: Aris Komporozos-Athanasiou
Imprint: University of Chicago Press
Country of Publication: United States
Dimensions: Height: 229mm, Width: 152mm,
ISBN: 9780226816029
ISBN 10: 0226816028
Pages: 240
Publication Date: 17 January 2022
Audience: General/trade , ELT Advanced
Format: Paperback
Publisher's Status: Active

Key Terms Introduction Part 1: Speculation: Finance and Capitalism 1. The Rise of Speculative Communities 2. A Genealogy of Speculative Imagination: Old Spirits of Capitalism Part 2: Spectacle: Finance and Society 3. Speculative Technologies and the New Homo speculans 4. Speculative Intimacies Part 3: Specter: Finance and Polity 5. Financialized Populism and New Nationalisms 6. Counter-speculations Conclusions Acknowledgments Notes References Index

Aris Komporozos-Athanasiou is associate professor of sociology at University College London.

Reviews for Speculative Communities: Living with Uncertainty in a Financialized World

Speculative Communities is a masterful critique of the financialisastion of everyday life, which provides an innovative account of the role of speculation and uncertainty in shaping the way we understand, and act within, the world. Komporozos-Athanasiou masterfully blends economic theory with political and sociological analysis to deliver a fascinating reading of how finance has colonised our imaginations, and the challenges this process poses to movements seeking to construct a collective sense of what life beyond capitalism might look like. Speculative Communities is both a novel and exciting academic contribution, and a critical reference point for those seeking to organise in a world defined by the logic of speculation. --Grace Blakeley, author of Stolen: How to Save the World From Financialisation