The Shopping Centre Why should one still read Baudrillard today? Paradoxically, many of Baudrillard’s poststructuralist texts, which were rightly often perceived as science fiction texts, are dated, and some of his texts, apart from the fact that there are general […]
The resonant Cavity of the Shopping Mall
In recent decades, an ever-increasing proportion of the profits of private banks has been generated by financial activities far beyond mere borrowing and lending of money. Commercial banks generate their profits through the endogenous creation of credit and through the
Derivatives are Speculative Capital
The title is borrowed from Gilles Châtelet’s book To Live and Think Like Pigs: The Incitement of Envy and Boredom in Market Democracies. What maxim does Châtelet refer to in his book that demands another life instead of a pig’s
Neoliberal Capitalism: Living and Thinking Like Pigs
Here we examine the ratio of financial capital (finance) to the reproduction of capital. In Section A, we clarify the concept of extended reproduction with particular reference to the concept of circulation. Section B deals mainly with the previously neglected
Finance and Reproduction of Capital
Not the problem of the transfer of the value or the reproduction of the value share of the fixed capital, which Marazzi described in his essay The Amortization of the Body Machine (Marazzi 2012: 35ff.) (according to which the constant
Is there any machine added surplus value?
Each statement of non-Marxism aims at a double methodization, either as axiom or as theorem, the latter remaining entirely related to the Marxist material, which is always different symptomatologies. The specific operations of non-Marxism should also produce new theoretical objects,
For a further explanation of the concept of capital we refer to the French philosopher François Laruelle, who in his conception of non-philosophy, when he speaks of “unilateral duality”, first generally assumes that two or more terms and their relations
The rhythms of life, the ups and downs of nature and everyday life must disappear in this world; for the weakness and inadequacy of human time, its diffuse and intertwined structures”, writes Jonathan Cray, “there is no place left in
The book Anti-Oedipus, by the French thinkers Gilles Deleuze and Félix Guattari, has an interesting insight about three types of social formation and their registration surfaces: the primitive society where all is inscribed on land, the bodies are registered on
Thinking Collective Self-Determination Through Municipalism
his is an update of the statistics for my Index of Power, using data for 2018-19 and discussing what a country’s ranking reflects. The major change is that China’s rank has shifted up and it has now taken the UK’s
Index of Power Update, 2018-19: China #2
Im Jahr 2012 waren die globalen CO2 Emissionen um 58% höher als im Jahr 1990. Dies hatte unter anderem zur Folge, dass die Wirbelstürme aufgrund höherer Temperaturen in den Einzugsgebieten von Ozeanen stärker wurden und die arktischen Ökosysteme eine Reihe
What becomes of class when residential property prices in major cities around the world accrue more income in a year than the average wage worker? This paper investigates the dynamic of combined wage disinflation and asset price inflation as a
Class in the 21st century: Asset inflation and the new logic of inequality