Political Economy of Geofinance
video 00'01'00" +Led message board Geofinance: Financialities of the Anthropocene analyses a cause and effect relationship between financial systems and Earth-systems. The ‘geofinancial’ relation is elaborated on in the video essay Political Economy of Geofinance, which encompasses an analysis of a systemic conversion of environmental catastrophes and the use of financial products. This analysis is followed by a proposition: If derivative finance influences and instigates environmental catastrophes, then environmental emancipation needs to occur along similar speculative financial lines. Implied Volatile Earth is a financial mathematical model which brings together volatility mathematics and the spatial reconfiguration of territories through a model of the Earth covered with volatility surfaces. These graphs allow for price speculations on the future conditions of the territories that they cover, a zoomed-in section of the model underneath the whole view of the Earth together with the financial data next to it, propose the desired price to attain environmental emancipatory conditions of these territories.