This book articulates an innovative method for the study of finance, fundamentally revaluates political economy as a discipline and practice, and inaugurates a research project from which derivative methodologies and approaches to critical finance can evolve. Of Synthetic Finance actualizes a new kind of heterodox political economy called speculative materialism, and advocates a radical project of speculative materialist financial engineering. Both of these are predicated on the deployment of the latent, nomadic, monstrous capacities of synthetic finance to create and universally distribute risk and cash flow.
This book is a must read for anyone interested in critical finance, the financial crisis and the future of political economy.
Benjamin Lozano is Instructor, Curriculum Coordinator and Researcher at the The Bruce Initiative on Rethinking Capitalism, UC Santa Cruz, USA.