Regardless of the positive effects of HFT that offers, such as reduced spreads, higher liquidity, and faster price discovery, its negative side is mostly what has caught people’s attention. Several notorious market failures and accidents in recent years all seem […]
Malignant Acceleration in Tech-Finance. Some Further Rumination on Regulations.
Despite the fall of actually-existing socialism, the idea of computerized economic planning continued to be developed by small groups of theorists, who have advanced its conceptual scope further than anything attempted by Soviet cyberneticians. Two schools have been of particular
Contemporary schools of thought and the problem of Labour Algorithms
“Die Wertform des Arbeitsprodukts ist die abstrakteste, aber auch allgemeinste Form der bürgerlichen Produktionsweise, die hierdurch als eine besondere Art gesellschaftlicher Produktion und damit zugleich historisch charakterisiert wird.“ [2] In der ersten Nummer von Endnotes beschrieben wir die Entstehung der Theorie
Kommunisierung und Wertformtheorie
Since the mid-2000s, financial markets have been subjected to an unprecedented critical scrutiny, particularly in light of ‘black swan events’ such as the supposedly unpredictable Global Financial Crisis, and algorithmic ‘accidents’ such as the Flash Crash of May
Fundamentals of Algorithmic Markets: Liquidity, Contingency, and the Incomputability of Exchange
With the libidinal reformulation of being as composition ‘one acquires degrees of being, one loses that which has being’. – Nick Land, A Thirst for Annihilation Tracing Nietzsche’s libidinal energetics Nick Land would see four major thrusts: 1) a concerted questioning
Compositional Mutations: Nick Land and Libidinal Materialism
Marxism has, and had for a quite a long time, a problem with the question of work. This is not to say that Marxism can be confused with the insistence of its antagonist, capitalism, over the relations of labor and
Labor, Automation, and Refusal
Since world war II there have been two quite distinct phases of world growth. In about 1965, a long slowdown set in which has still not ended. Robert Brenner (2002, 2003) has re-ignited the debate about its causes, claiming that
WHAT MAKES THE US PROFIT RATE FALL ?
Saudi Arabia has been a major player in Middle East politics. It backed the 2013 overthrow of the Moslem Brotherhood in Egypt, since the example of an elected government of a major country next door was not welcome to the
english translation will follo Zu Marxens Zeiten erwuchs das proletarische Widerstandspotenzial nicht in erster Linie, wie sich das manche Marxisten immer noch gerne wünschen, aus dem Kampf gegen die Warenform, sondern es waren vielmehr die techno-ökonomischen Bedingungen des Übergangs vom
NON: An unsere Genossen. erste Notiz / To our comrades. first draft
Die Automation, deren Anwendung heute ohne den umfassenden Einsatz von Informationstechnologien allerdings nicht möglich wäre, ist seit den 1980er Jahren eine wesentliche technologische Komponente der neuen internationalen Dynamik der Kapitalakkumulation, wobei weltweit einerseits sogar neue Arbeitsplätze geschaffen (vor allem in
Die globalen Wertschöpfungsketten und das globale Proletariat
Humans are distinctive. No one is arguing the point. But how do we think through that distinctiveness? How do our conceptualizations lead us to highlight some relations over others, and how do those in/visibilities conform to – and challenge –
The Myth of the ‘Human Enterprise’: The Anthropos and Capitalogenic Change
Questions – Andrej Tomažin Answers – Achim Szepanski 1. In the nineties, you were running the label Mille Plateaux and before that – in the eighties – you were a part of noise/post-punk collective PD and later P16.D4. With Mille
Interview with Radio Študent, Ljubljana, Slovenia- Otitis Media