Episode 352: Inside the World of Financial Domination
Dec 10, 2024
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Jessica van Meir, a PhD candidate at Harvard Kennedy School and co-founder of MintStars, explores the alluring world of financial domination. She discusses the psychological reasons behind findom, highlighting how it intertwines with themes of power, control, and modern economic issues. Jessica explains the rise in popularity of these relationships amid financial crises and how they reflect and challenge traditional gender dynamics. Listeners are invited to rethink perceptions of findom alongside its implications for financial independence and societal norms.
The growing interest in financial domination (FINDOM) is influenced by economic uncertainties and technological advancements facilitating online transactions.
FINDOM both challenges and reinforces traditional gender dynamics, presenting women as dominants while perpetuating the expectation of men as financial providers.
Deep dives
Understanding Financial Domination (FINDOM)
Financial domination, or FINDOM, is a unique form of BDSM where a submissive, typically a man, willingly gives money or control over their finances to a dominant partner, usually a woman, without expecting any return. This dynamic often involves elements of humiliation and relinquishing power, providing the submissive with a sense of relief from their daily responsibilities. The financial transaction itself becomes the kink, paralleling other forms of domination and submission in its psychological appeal. Many find the act of spending money to be a pleasurable experience, intertwining aspects of control and the thrill of power dynamics.
The Rise of FINDOM in a Changing Economy
The increased popularity of FINDOM can be linked to economic uncertainties, such as the 2008 financial crisis and the COVID pandemic, fostering a heightened interest in financial kinks as a coping mechanism. The ascendancy of technology has also facilitated these dynamics, allowing for quick online transactions through platforms like Venmo and Cash App. Such changes have not only made it easier for people to engage in FINDOM but also have paved the way for its emergence into mainstream discussions. The interplay between economic pressures and technological advancements appears to be a significant factor in the growing fascination with this kink.
Challenging and Reinforcing Gender Dynamics
FINDOM is intricate because it simultaneously challenges and reinforces traditional gender power dynamics. While it showcases women in dominant roles, appealing to certain feminist narratives, it also perpetuates the notion that men should be the financial providers. Successful Fendom often relies on creating an image of affluence, which can obscure the real struggles many dominants face. This duality reveals a complex dialogue about power, gender roles, and the socio-economic realities within the FINDOM community.
Challenges and Discrimination in the FINDOM Community
Members of the FINDOM community face significant obstacles, including discrimination from financial institutions and social media platforms which restrict their ability to operate freely. Severe restrictions often limit communication and transaction methods for sex workers, leading to difficulties in maintaining sustainable income streams. Even when these platforms enable financial transactions, independent workers find themselves subjected to high fees and stringent regulations. As a result, many online sex workers continue to advocate for better regulations and opportunities to ensure their financial independence and safety.
Financial domination or findom involves a submissive (usually a man) who gives money or control of their finances to a dominant partner (usually a woman). The sub is not expecting anything in return—it’s about submitting, giving up control, sometimes being humiliated, and being aroused by all of this. So why are people into findom, and why does it seem to be growing in popularity?
My guest today is Jessica van Meir, a PhD candidate at the Harvard Kennedy School who studies sex work. Jessica is co-founder of MintStars, a subscription platform for content creators, models, and their fans. She also co-authored a chapter in the new book Sex Work Today: Erotic Labor in the 21st Century that explores the rise of financial kinks.
Some of the specific questions we answer in this episode include:
Who’s into findom and why?
How is findom similar to or different from sugar dating?
What’s the connection between findom, our growing economic crises, and capitalism?
How can findom serve as a way of coping with financial precarity?
How does findom both challenge and reinforce traditional gender power dynamics?
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Credits: Precision Podcasting (Podcast editing) and Shutterstock/Florian (Music). Image created with Canva; photos used with permission of guest.
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