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Pascalian Wager

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  1. #01

    Against Understanding, Volume 2: Cases and Commentary in a Lacanian Key · Bruce Fink · p.25

    <span id="page-23-0"></span>ANALYSAND AND ANALYST IN THE [GLOBAL ECONOMY, OR WHY ANYONE](#page-7-0) IN THEIR RIGHT MIND WOULD PAY FOR AN ANALYSIS

    Theoretical move: Fink deploys Lacan's reading of Pascal's game-theory wager as a critical lens on contemporary financial capitalism, arguing that the speculative (gambling) logic endemic to markets has been ideologically obscured by the language of "investing," and that leveraged instruments have compounded Pascal's original insight—one stakes always-already-lost capital—into a condition where one can lose far more than one wagered.

    Pascal invented game theory with the notion that the ante staked in a game of chance must be viewed as lost from the moment one agrees to play