Martijn Konings is Associate Professor of Political Economy at the University of Sydney. His most recent book is The Emotional Logic of Capitalism (Stanford, 2015).

"Critiquing the critique of neoliberalism, Konings argues forcefully that Minsky, not Habermas, provides the needed foundations for a possible social theory of the present world, a "non-essentialist economism" that engages the neoliberal project at its very core."—Perry Mehrling, Barnard College "This remarkable book offers a new perspective on speculation, neo-liberalism, and contemporary finance. Erudite, beautifully written, and original in its arguments about money, value, and risk, it will be of great interests to economists, sociologists, and philosophers concerned with markets and uncertainty."—Arjun Appadurai, New York University "A smart, erudite contribution to the emerging critical literature on speculative value and the complex imbrication of financialization with neoliberalism."—Wendy Brown, University of California, Berkeley "A must-read for anyone interested in the operation of neoliberal reason following the recent financial crisis, Martijn Konings's timely book develops new ways of thinking about money, finance, and the speculative basis of contemporary capitalism."—Nicholas Gane, University of Warwick "In this profound and sharp-witted study, Martijn Konings leads us through the dead ends of the modern and postmodern critique of capitalism towards a new critical theory that looks our financial economy in the eye."—Joseph Vogl, The Humboldt University "Martijn Konings has given us an elegant, erudite book that points to the centrality of speculation—and a speculative logic of time—in modern political economy."—Jacqueline Best, Finance and Society "Ten years after the apex of the financial crisis, Konings...opens a much-needed debate in critical political economy, the social studies of finance, and related fields of scholarship, exposing a variety of weaknesses in what now appear as ad-hoc accounts developed in the wake of the crash."—Leon Wansleben, Finance and Society "Konings' consideration of the state of the field [is] both enlightening and convincing.....His argument is specific, energetic and organized, and, as in his trenchant The Emotional Logic of Capitalism (2015), he demonstrates a wonderful ability to deconstruct the tautologies and false dichotomies on which so much of what passes for criticism are based."—Leigh Clair La Berge, Finance and Society "Written in the form of a short through perceptive intellectual commentary on a series of contemporary and classical works, Capital and Time indeed begins with a warning about the impasses of a fundamentalist theory of value opens for the critique of finance."—Fabian Muniesa, European Journal of Sociology "Written in the form of a short through perceptive intellectual commentary on a series of contemporary and classical works, Capital and Time indeed begins with a warning about the impasses a fundamentalist theory of value opens for the critique of finance."—Fabian Muniesa, European Journal of Sociology "Finally, a book that refuses to confine finance to the domain of fictitious capital....Konings advances the critique of neoliberalism in ways accounting for its reinvigoration in the wake of the 2007/8 economic crisis."––Brett Nielson, Journal of Australian Political Economy "In this new and fascinating book, Martijin Konings pulls together an impressive range of sociological and philosophical traditions into an original theory of capital (but, more broadly, money) and time under neoliberalism."––Simone Polillo, Contemporary Sociology

• Introduction: Beyond the Critique of Speculation1. Foundationalism and Self-Referentiality2. Constructions and Performances3. Luhmannian Considerations4. System, Economy, and Governance5. Foucault beyond the Critique of Economism6. Time, Investment, and Decision7. Minsky beyond the Critique of Speculation8. Practices of (Central) Banking, Imaginaries of Neutrality9. Lineages of US Financial Governance10. Hayek and Neoliberal Reason11. Neoliberal Financial Governance12. The Critique of Capital in Neoliberal Times

Martijn Konings is Associate Professor of Political Economy at the University of Sydney. His most recent book is The Emotional Logic of Capitalism (Stanford, 2015).

"Critiquing the critique of neoliberalism, Konings argues forcefully that Minsky, not Habermas, provides the needed foundations for a possible social theory of the present world, a "non-essentialist economism" that engages the neoliberal project at its very core."—Perry Mehrling, Barnard College "This remarkable book offers a new perspective on speculation, neo-liberalism, and contemporary finance. Erudite, beautifully written, and original in its arguments about money, value, and risk, it will be of great interests to economists, sociologists, and philosophers concerned with markets and uncertainty."—Arjun Appadurai, New York University "A smart, erudite contribution to the emerging critical literature on speculative value and the complex imbrication of financialization with neoliberalism."—Wendy Brown, University of California, Berkeley "A must-read for anyone interested in the operation of neoliberal reason following the recent financial crisis, Martijn Konings's timely book develops new ways of thinking about money, finance, and the speculative basis of contemporary capitalism."—Nicholas Gane, University of Warwick "In this profound and sharp-witted study, Martijn Konings leads us through the dead ends of the modern and postmodern critique of capitalism towards a new critical theory that looks our financial economy in the eye."—Joseph Vogl, The Humboldt University "Martijn Konings has given us an elegant, erudite book that points to the centrality of speculation—and a speculative logic of time—in modern political economy."—Jacqueline Best, Finance and Society "Ten years after the apex of the financial crisis, Konings...opens a much-needed debate in critical political economy, the social studies of finance, and related fields of scholarship, exposing a variety of weaknesses in what now appear as ad-hoc accounts developed in the wake of the crash."—Leon Wansleben, Finance and Society "Konings' consideration of the state of the field [is] both enlightening and convincing.....His argument is specific, energetic and organized, and, as in his trenchant The Emotional Logic of Capitalism (2015), he demonstrates a wonderful ability to deconstruct the tautologies and false dichotomies on which so much of what passes for criticism are based."—Leigh Clair La Berge, Finance and Society "Written in the form of a short through perceptive intellectual commentary on a series of contemporary and classical works, Capital and Time indeed begins with a warning about the impasses of a fundamentalist theory of value opens for the critique of finance."—Fabian Muniesa, European Journal of Sociology "Written in the form of a short through perceptive intellectual commentary on a series of contemporary and classical works, Capital and Time indeed begins with a warning about the impasses a fundamentalist theory of value opens for the critique of finance."—Fabian Muniesa, European Journal of Sociology "Finally, a book that refuses to confine finance to the domain of fictitious capital....Konings advances the critique of neoliberalism in ways accounting for its reinvigoration in the wake of the 2007/8 economic crisis."––Brett Nielson, Journal of Australian Political Economy "In this new and fascinating book, Martijin Konings pulls together an impressive range of sociological and philosophical traditions into an original theory of capital (but, more broadly, money) and time under neoliberalism."––Simone Polillo, Contemporary Sociology

• Introduction: Beyond the Critique of Speculation1. Foundationalism and Self-Referentiality2. Constructions and Performances3. Luhmannian Considerations4. System, Economy, and Governance5. Foucault beyond the Critique of Economism6. Time, Investment, and Decision7. Minsky beyond the Critique of Speculation8. Practices of (Central) Banking, Imaginaries of Neutrality9. Lineages of US Financial Governance10. Hayek and Neoliberal Reason11. Neoliberal Financial Governance12. The Critique of Capital in Neoliberal Times