Jamal Awil

← Cultures of Financialization

Such a proposition might begin by asking the question: What is it that fictitious. [fact]

Such a proposition might begin by asking the question: What is it that fictitious capital ceaselessly promises, but endlessly defers? As we have seen, in Chapters 2, 3 and 4, financialization promises that, if one prudently invests one’s human capital and embraces the right risks in the right ways, one will be rewarded with economic security, the absence of precariousness. … These desires are not in and of themselves unworthy, but financialization cannot fulfil them, at least not for very many of us.

Max Haiven, Cultures of Financialization, loc. 582