THE FINANCIAL REGIME

Authors

  • Joseph Vogl

DOI:

https://doi.org/10.7146/nja.v29i60.122847

Keywords:

Finance, Sovereignty, Power, Geo-economical order, Democracy, Class

Abstract

Starting from the premise that the financial regime has become a power in and of itself—a fourth, ‘monetative’ power as it were—this essay gives an account of the ascendancy of finance and the shift from geopolitical to geo-economical order, within which there is no democratic legitimacy and no legal accountability and within which a new class conflict also emerges. It goes on to advance five theses on this new financial sovereignty, concluding that sovereign is he, who can transform his risks into other’s dangers and position him-self as the creditor of last resort.

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Published

2020-11-22

How to Cite

Vogl, J. (2020). THE FINANCIAL REGIME. The Nordic Journal of Aesthetics, 29(60), 175–182. https://doi.org/10.7146/nja.v29i60.122847

Issue

Vol. 29 No. 60 (2020)

Section

Articles

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