This paper attempts to address the most acute problem of our society, financialization, but to which with the least attention paid to in a current polemic entwined with different discourses of liberalism and Marxism. Unlike those pieces in the polemic, this paper is not going to get involved into the debate, refuting or supporting those arguments one by one, but first to problematize the social imagination behind the polemic, i.e. how did those writers imagine our society; second to invite a perspective of financialization as a framework to conceptualize the most powerful force mobilizing us in our everyday life; and finally to analyze how finance shape our subjectivity and ruin our ecosystem.
I will not comment on their main arguments as it will slide my interpretation too simply to careless (or sometimes deliberate) distortion some sort. But I still want to take the risk, but from other perspective, to depict their imagination born in mind. Those articles are of high quality. Reading them one by one, you will get many insights; but a suspect will be raised after you integrate all those authors’ views with the context of our current situation: what sorts of ideal society are there in their mind? It seems to be so apparent that on one side the argument is for the socialism and the other is liberalism. But what image of our society did they articulate those theories to represent in front of us? This perspective covers too many things to be discussed. Maybe we can take a detour to inquire into this question before going forward.
Tse, P.-s. (2016). Money is its own veil. Cultural Studies@Lingnan, 50. Retrieved from http://commons.ln.edu.hk/mcsln/vol50/iss1/3/