Posdemocracia y dictadura tecnofinanciera. La tiranía de los mercados omnipotentes

Abstract

In this work we want to explore some of the causes and implications of market authoritarianism, also transformed into more aggressive formulas dubbed financial fascism since markets are institutionalised in democratically uncontrollable autonomous dynamics, inevitably producing the growing phenomena of severe de-democratisation. As a result, the increasingly more omnipotent legality of the markets becomes a private economy in a tyrannical space that avoids, with even greater ease, democratic fiscal policy. In this setting finances are factually constructed with power that, far from being subjected to the political legality of democratic institutions, imposes its own imperative dynamic.