Jamal Awil

← Cultures of Financialization

Jameson argued that the increasingly abstract nature of the financial economy was finding. [fact]

Jameson argued that the increasingly abstract nature of the financial economy was finding its articulation in popular culture, from the frenetic pastiche of postmodern film and art to the money-centric architecture and design of an increasingly homogenized archipelago of global cities on whose speculative real-estate empires the financial sector depended (1997). For Jameson, the rise of finance capital is inseparable from the postmodern turn, and its disjunctive and hybridizing cultural practices and texts cannot be understood except within the context of a post-gold-standard world, where money has no fixed meaning and where debt and credit rule.

Max Haiven, Cultures of Financialization, loc. 93