"The height of EDM’s popularity was carnivalesque in the extreme, and the EDM moment was characterized by unbridled big business, high-intensity partying, and escapism. That same month that Alesso and Ingrosso’s mix was recorded, Forbes placed Swedish House Mafia in third place on their first edition of the now-annual Electronic Cash Kings list of the world’s highest-paid DJs, behind Tiësto and Skrillex." - Ultimately, EDM also replicates the financial political economy that structured its very existence as well as its effects on subjects."

The height of EDM’s popularity was carnivalesque in the extreme, and the EDM moment was characterized by unbridled big business, high-intensity partying, and escapism.

During the first verse of Coldplay’s 2011 hit “Paradise,” the listener learns that the character whose story he narrates “dreams of paradise

>"Alexander Iadarola explores EDM and financial capitalism's entanglement after the crash."

The social practice of raving to electronic music did not have its origins in the financial sector, nor were the styles of music that anticipated EDM–house, techno, UK hardcore of various shades–created to be played on yachts via Sonos bluetooth setups. In contrast to EDM’s central role within popular culture during the early 2010s, electronic club music had its beginnings as a sharply differentiated and distinctly underground subculture. For many artists and dancers, early club music spaces were a utopian reprieve from the harsh conditions of reality; the rave offered a potent site for dreaming up whole new ways of being. Whereas the beginnings of rave culture looked to manifest the exciting possibility of another world..

>"Alexander Iadarola explores EDM and financial capitalism's entanglement after the crash."

>"Alexander Iadarola explores EDM and financial capitalism's entanglement after the crash."

Coldplay’s “Paradise” was a hugely successful single in its own right, but it was also remixed into a significant EDM hit by Dutch producer Fedde Le Grand in 2011, the same year that the original song was released.

EDM becomes a soundtrack for the 21st century with exceptional ease, fulfilling “the desire for a time that is not in time, a unity outside history,”8 the same desire that drove the utopian ethos of rave culture, super-sized and resurfaced.

>"Alexander Iadarola explores EDM and financial capitalism's entanglement after the crash."

>"Alexander Iadarola explores EDM and financial capitalism's entanglement after the crash."

>"Alexander Iadarola explores EDM and financial capitalism's entanglement after the crash."

EDM is a bit like a scab on the mottled flesh of the social body.

>"Alexander Iadarola explores EDM and financial capitalism's entanglement after the crash."

>"Alexander Iadarola explores EDM and financial capitalism's entanglement after the crash."

>"Alexander Iadarola explores EDM and financial capitalism's entanglement after the crash."