Trading Truth: How Financial Markets Shape Reality, (Hardcover)

<b>How financial markets fuel conspiracy culture and our crisis of truth--and why rethinking finance is democracy's most urgent need. </b><p><b>"An important book showing that 'post-truth politics' cannot be understood without studying the broader socioeconomic transformation of our times, especially the rise of finance. A must-read." -Thomas Piketty</b> </p><p>Current debates treat disinformation as if it were a cultural failure, suggesting that our remedies should focus on restoring expertise, fact checking, or media literacy. But what if we are missing the crux of the issue? In <i>Trading Truth</i>, Aris Komporozos-Athanasiou argues that we are--that, in fact, distortion is not a glitch of political reality but a systemic feature of finance capitalism. Far from merely corrupting truth, financial markets--from machine-learning trading and cryptocurrencies to ETFs and prediction markets--reshape what counts as real and what gets dismissed as fake.<br>This book traces this distortion and its role in the making of a new kind of financial populism, one that binds Trump's MAGA movement and tech lords to finance's rising titans: asset managers and quant traders. This alliance--political as much as epistemic--takes shape around warped valuations, spurious correlations, and the systematic leveraging of volatility. And yet it draws in vast publics, offering a form of belonging and participation that mainstream politics has failed to provide. </p><p>The author shows how today's conspiratorial culture is inseparable from the operations of finance in ways not recognized before<b>.</b> More than disinformation, fraud, or manipulation, distortion becomes a means of managing the vast complexity of our time, and even of finding community within it. The book offers readers a way forward: a theory of truth that meets finance head on and reimagines how it could be turned toward shared prosperity.</p>

• Trading Truth: How Financial Markets Shape Reality, (Hardcover)
• Author: Aris Komporozos-Athanasiou
• ISBN: 9780262059374
• Format: Hardcover
• Publication Date: 2027-02-16
• Page Count: 200