The “Beauty of Finance” refers to the aesthetic experience in discovering the hidden symmetry of finance, and it particularly offers help to the creative understanding of the allocation of economic resource and the creation of life necessities. The term was first proposed by Robert J. Schiller in his book
Whereas the finance presents its beauty, it also cannot avoid the impact of evil. Capitalism reproduction is closely related to the elitism of power both logically and historically, and the space-temporal field in the capital financial power system which functions as a realistic product of capitalist reproduction is hard to be promoted in the elites’ spiritual creativity. Moreover, there is a positive feedback between the totality of the space-temporal field and the elitism of power, because the market power owned by elites promotes the formation of the capital financial power system as follows. The financial practitioners form the visible carrier of capital, their moving and marrying activities form the visible flow of capital, and the international capital financial power system constitutes the overall framework of the invisible modern international financial activities, thus maintaining the hidden chains between creditors and debtors and forming the invisible soul of capital power.
Three dimensions mentioned above is hidden by the triple theoretical dilemma in the “Beauty of Finance”: the concentration of capital power and high capital return under the law of profit rate decline; social wealth division between the capital accumulation and poverty accumulation; the financialized world as a world of financial colonization in essence. Financial colonization is further embodied in the following three aspects: capital plunders the resources of less developed and underdeveloped countries and regions; capital plunders social labors in labor-intensive industries; and capital plunders labor force in labor-intensive countries and regions. Therefore, financial colonization is essentially a domination of international capital financial power over the living world. In a deep level, Schiller’s “Beauty of Finance” demonstrates an illusion. Nevertheless, we agree with Schiller’s view, as it reveals the deep contradiction in the financialized world. Building a highly adaptable, competitive and inclusive modern financial system needs the aesthetic negation of finance, and only by this can our international capital and financial power system in the 21st century sail out with Chinese characteristics.