Speculation Chaos: How Instability Leads To Right-Wing Populism | Aris Komporozos-Athanasiou | TMR

Emma hosts Aris Komporozos-Athanasiou, associate professor of sociology at University College London (UCL), to discuss his recent book Speculative Communities: Living with Uncertainty in a Financialized World.

Aris Komporozos-Athanasiou then dives right into defining “speculative communities,” as a community defined and united by its uncertain future, resigned to collective contemplation and anxiety with no solid structural support, before stepping back to explore “speculation” as a deterministic economic concept – an individual taking an unwanted risk for future gains – versus looking at it from a community perspective, as an open-ended engagement with our uncertain futures. This brings Professor Komporozos-Athanasiou to the topic of “political speculation,” which he defines as the weaponization of instability to capitalize on the confusion and anxiety it creates, as seen in the rise of right-wing populism in the wake of the 2008 financial crisis. Wrapping up, he and Emma tackle the role of enclosure in cutting off other community outlets for anxiety and structures for stability.

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