Speculation and Counter-Speculation

This paper explores the ways in which financial speculation and disruption have become common traits defining our artistic and political imagination. In this discussion a variety of notions emerge – namely, the move from value to price, from labor to debt, from revolution to disruption, and from ava...

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Main Author: Joshua Simon
Format: Article
Language:English
Published: Ubiquity Press 2019-07-01
Series:MaHKUscript
Subjects:
Online Access:https://www.mahkuscript.com/articles/52
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author Joshua Simon
author_facet Joshua Simon
author_sort Joshua Simon
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description This paper explores the ways in which financial speculation and disruption have become common traits defining our artistic and political imagination. In this discussion a variety of notions emerge – namely, the move from value to price, from labor to debt, from revolution to disruption, and from avant garde to speculation. Finance is speculation on debt. Speculation is commonly used in recent years in philosophy, literature, politics, the arts and the sciences. As varied as the usages of the term may be, the current emergence of speculation in these different fields stems from the world of finance capital and its premise of managing risk. Speculation proves to be a form of pragmatism that generates more and more extreme models within the current system of control and accumulation by dispossession. Whatever the extreme scenarios it generates might be, they always depend on a stable variant – the continuation of finance capital. This paper wishes to offer in addition, the notion of counter-speculation by using the work of contemporary thinkers and artists. Counter-speculation invites potentials for actualization. While exploring new forms for being in uncertainties against financialization, counter-speculation assigns scenarios and narration that actualize onto the present its own potentials. By that it opens a new horizon for our political imagination beyond finance.
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spelling doaj.art-cd0bb69d481241c1aa8d8677cc22fb6c2022-12-22T00:08:53ZengUbiquity PressMaHKUscript2397-08632019-07-013110.5334/mjfar.5246Speculation and Counter-SpeculationJoshua Simon0Moore CollegeThis paper explores the ways in which financial speculation and disruption have become common traits defining our artistic and political imagination. In this discussion a variety of notions emerge – namely, the move from value to price, from labor to debt, from revolution to disruption, and from avant garde to speculation. Finance is speculation on debt. Speculation is commonly used in recent years in philosophy, literature, politics, the arts and the sciences. As varied as the usages of the term may be, the current emergence of speculation in these different fields stems from the world of finance capital and its premise of managing risk. Speculation proves to be a form of pragmatism that generates more and more extreme models within the current system of control and accumulation by dispossession. Whatever the extreme scenarios it generates might be, they always depend on a stable variant – the continuation of finance capital. This paper wishes to offer in addition, the notion of counter-speculation by using the work of contemporary thinkers and artists. Counter-speculation invites potentials for actualization. While exploring new forms for being in uncertainties against financialization, counter-speculation assigns scenarios and narration that actualize onto the present its own potentials. By that it opens a new horizon for our political imagination beyond finance.https://www.mahkuscript.com/articles/52SpeculationCounter-SpeculationDisruptionFinanceDebtArt
spellingShingle Joshua Simon
Speculation and Counter-Speculation
MaHKUscript
Speculation
Counter-Speculation
Disruption
Finance
Debt
Art
title Speculation and Counter-Speculation
title_full Speculation and Counter-Speculation
title_fullStr Speculation and Counter-Speculation
title_full_unstemmed Speculation and Counter-Speculation
title_short Speculation and Counter-Speculation
title_sort speculation and counter speculation
topic Speculation
Counter-Speculation
Disruption
Finance
Debt
Art
url https://www.mahkuscript.com/articles/52
work_keys_str_mv AT joshuasimon speculationandcounterspeculation