This is an audio recording of an academic paper, "Capitalism cheats: Three moments of normalized swindling" by Max Haiven, forthcoming in the journal Finance & Society in 2026. You can read it at https://maxhaiven.com/capitalismcheats/
In a financialized world where we are all conscripted to be competitive players, the category of cheating takes on new political and cultural potency and has become key to reactionary ideology. This speculative essay moves beyond the conventional framing of cheating as the exceptional malfeasance of bad economic actors, as well as beyond the claim that capitalism’s drive to profit encourages dishonesty and manipulation (thought that is indeed true). Rather, it proposes we recognize cheating at capitalism’s ideological and operational core, not its periphery. By examining (1) imperialism’s ‘Great Game’, (2) the links between game theory and neoliberalism, and (3) the role of recursive rule-breaking in the history of finance, we can triangulate the normalization of cheating within the dominant economic paradigm. This essay approaches cheating as a discursive formation entangled with financial power. Such an approach can help us recognize some elements of the rise of reactionary, far-right, and fascistic sentiment and politics today. These in many cases revolve around a rhetoric of cheating that misrecognizes the culprits, targeting poor and precarious minorities rather than those at the commanding heights of the economy.
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This is an audio recording of an academic paper, "Capitalism cheats: Three moments of normalized swindling" by Max Haiven, forthcoming in the journal Finance & Society in 2026. You can read it at https://maxhaiven.com/capitalismcheats/
In a financialized world where we are all conscripted to be competitive players, the category of cheating takes on new political and cultural potency and has become key to reactionary ideology. This speculative essay moves beyond the conventional framing of cheating as the exceptional malfeasance of bad economic actors, as well as beyond the claim that capitalism’s drive to profit encourages dishonesty and manipulation (thought that is indeed true). Rather, it proposes we recognize cheating at capitalism’s ideological and operational core, not its periphery. By examining (1) imperialism’s ‘Great Game’, (2) the links between game theory and neoliberalism, and (3) the role of recursive rule-breaking in the history of finance, we can triangulate the normalization of cheating within the dominant economic paradigm. This essay approaches cheating as a discursive formation entangled with financial power. Such an approach can help us recognize some elements of the rise of reactionary, far-right, and fascistic sentiment and politics today. These in many cases revolve around a rhetoric of cheating that misrecognizes the culprits, targeting poor and precarious minorities rather than those at the commanding heights of the economy.
Student Cheating = Working Class Refusal? (THOUGHTSNACK 3)
Max Haiven (and company)
59 minutes 49 seconds
3 months ago
Student Cheating = Working Class Refusal? (THOUGHTSNACK 3)
Sarah indulges Max's controversial take that...
- Students are workers
- Use of ChatGPT and generative AI is the refusal of work
- Workers can and should reclaim the means of study as part of a class war
THOUGHTSNACK is an occasional podcast from Sense & Solidarity where Sarah Stein Lubrano and Max Haiven explore the big ideas that make and break our world.
Sense & Solidarity is a platform where people who want to radically change the world can learn together and build individual and collective capacity.
http://senseandsolidarity.org/
Sarah Stein Lubrano is a writer and researcher who specializes in the social psychology of politics. She is the author of Don't Talk About Politics: How to Change 21st-Century Minds (2025).
http://www.sarahsteinlubrano.com
Max Haiven is an researcher and educator who uses writing, teaching, games, podcasts and other techniques for the radical imagination. His latest book is Palm Oil: The Grease of Empire (2022).
http://maxhaiven.com/
Music by Dan Gouly.
Max Haiven (and company)
This is an audio recording of an academic paper, "Capitalism cheats: Three moments of normalized swindling" by Max Haiven, forthcoming in the journal Finance & Society in 2026. You can read it at https://maxhaiven.com/capitalismcheats/
In a financialized world where we are all conscripted to be competitive players, the category of cheating takes on new political and cultural potency and has become key to reactionary ideology. This speculative essay moves beyond the conventional framing of cheating as the exceptional malfeasance of bad economic actors, as well as beyond the claim that capitalism’s drive to profit encourages dishonesty and manipulation (thought that is indeed true). Rather, it proposes we recognize cheating at capitalism’s ideological and operational core, not its periphery. By examining (1) imperialism’s ‘Great Game’, (2) the links between game theory and neoliberalism, and (3) the role of recursive rule-breaking in the history of finance, we can triangulate the normalization of cheating within the dominant economic paradigm. This essay approaches cheating as a discursive formation entangled with financial power. Such an approach can help us recognize some elements of the rise of reactionary, far-right, and fascistic sentiment and politics today. These in many cases revolve around a rhetoric of cheating that misrecognizes the culprits, targeting poor and precarious minorities rather than those at the commanding heights of the economy.
