The fluid manifesto: emergent symmetries, hydrodynamics, and black holes

We focus on the question of how relativistic fluid dynamics should be thought of as a Wilsonian effective field theory emerging from Schwinger-Keldysh path integrals. Taking the basic principles of Schwinger-Keldysh formalism seriously, we are led to a series of remarkable statements and conjectures, which we phrase in terms of a broad programme relating relativistic fluid dynamics and topological sigma models. Apart from the intrinsic interest for these ideas from the non-equilibrium field theory viewpoint, we also emphasize its relevance to various fundamental questions in black hole physics.