Futures of Capitalism: Radical Democracy and the Financial Imagination
How do the workings of financial markets shape our social reality, and how can practices of speculation and distortion become tools of radical democratic imagination?
- Program Chair 2024/2025 Aris Komporozos-Athanasiou
- Program Coordinator Victoria Sukhomlinova
- Duration September 2024–June 2025
ABOUT
In the era of financialized capitalism—where human and societal values are routinely articulated in monetary terms—markets influence how we come to understand the world around us, how we form social relations, and how we imagine our futures. Yet despite its omnipresence, finance remains bewilderingly opaque. Its almost mystical power of configuring the future eludes understanding.
'The Futures of Capitalism' program seeks to develop a new language for analyzing, critiquing, and reforming the complex configurations through which finance exerts its influence. Bringing together scholars and artists representing diverse fields of research and practice, our work will be organized around three interconnected streams, each reflecting a core tenet of capitalist dynamics: technology, society, and politics.
The program will build a repository of financialized practices of imagining, simulating, and configuring the future, to inspire creative and progressive interventions into our collective present. We will chart the outlines of the new subject emerging through these practices: Homo Speculans.
Rather than merely succumbing to the alchemy of markets, this new subject yields its power of imagination to forge unexpected connections and new forms of politics, which engage the distorting forces of finance in dynamic ways.
Our research will draw out practical implications from this novel framing to create more inclusive solidarities in the face of financialization. Our core questions are:
- How do financial markets produce the cosmologies, myths, and fictions of “post-truth” capitalism?
- What forms of community and resistance emerge out of the glitches, distortions, and “unknowing” practices of financialized culture?
- How can a critical theory of financialized reality foster new spaces of imagination, counter-speculation, and democratic action?
- How can our diagnostic understanding of speculation and distortion contribute to concrete pathways for positive social change?
PROGRAM CHAIR
PROGRAM CHAIR
Aris Komporozos-Athanasiou
UCL Centre for Capitalism Studies
Aris is an Associate Professor of Sociology at University College London and Director of the UCL Centre for Capitalism Studies. He is the author of "Speculative Communities: Living with Uncertainty in a Financialized World" (University of Chicago Press, 2022) and "Real Fake", which will be published by MIT Press in 2026. Aris's research traces the multifaceted impact of financial markets on everyday life and on our political imagination. His widely acclaimed theory of capitalism has developed a critical vision that connects speculation, politics, and progressive futurity in the struggle for financial justice and social solidarity. His work has been featured in The New Yorker, Bookforum and the Locarno Film Festival, and his public writing has appeared in The Guardian, Aeon, The Boston Review, Los Angeles Review of Books, Public Seminar and other publications.
FELLOWS & VISITORS
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Giulia Dal Maso
University of Venice Ca' Foscari, National University of Singapore
CURATORIAL NOTE
CURATORIAL NOTE
Miti Ruangkritya, ”Untitled”, from Space Shift series, Bangkok, 2011. © The artist.
Miti Ruangkritya's "Space Shift" series is set on the outskirts of Bangkok, near a highway where temporary housing units have been set up to support those displaced by flooding. The nobility of beauty can provoke a disturbing reality. Ruangkritya's work proves its ability to do so when the viewer is placed in the midst of a beautiful yet challenging ordeal. Raised in the UK and returning to Bangkok in 2010, the artist noticed the city's accelerating urbanization and began documenting its rapid transformation. His immaculate photographs not only trigger new social imaginaries, but also focus on the evolution and expansion of urban spaces, highlighting the socio-economic challenges and social realities faced by the people.
Miti Ruangkritya is a visual artist and photographer based in Bangkok, Thailand. He explores issues of national and cultural identity from both personal and collective perspectives, often reflecting the implications of visual representation.