YOLO Capitalism

25 Pages Posted: 4 Feb 2021 Last revised: 1 Sep 2022

See all articles by Usman W. Chohan

Usman W. Chohan

Centre for Aerospace & Security Studies (CASS); Critical Blockchain Research Initiative (CBRI); International Association of Hyperpolyglots (HYPIA); University of New South Wales (UNSW)

Date Written: May 19, 2022

Abstract

The aims of this paper are to (1) posit the notion of “YOLO Capitalism” as a sub-movement within late-stage capitalism that is characterized by widespread coordination among small-scale investors through digital means to operate outside & against institutional financial hegemony in a simultaneously subversive and yet whimsical (YOLO) manner, and (2) to lay the groundwork for a multidisciplinary research agenda towards understanding the actions of YOLO Capitalists. The contributions of the paper lie in the novel terminology of “YOLO Capitalism”and in articulating both the value and the salience of research in this subfield of contemporary financial markets.

Keywords: Reddit, WallStreetBets, YOLO, financial markets, retail investors, financial regulation

Suggested Citation

Chohan, Usman W., YOLO Capitalism (May 19, 2022). Available at SSRN: https://ssrn.com/abstract=3775127 or http://dx.doi.org/10.2139/ssrn.3775127

Usman W. Chohan (Contact Author)

Centre for Aerospace & Security Studies (CASS) ( email )

Islamabad
Pakistan

Critical Blockchain Research Initiative (CBRI) ( email )

International Association of Hyperpolyglots (HYPIA) ( email )

HYPIA
www.polyglotassociation.org
Montreal, Quebec
Canada

University of New South Wales (UNSW) ( email )

Kensington
High St
Sydney, NSW 2052
Australia

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