Part III. The Economic Concept of Ordinal Value in Chapter 9 Socially-necessary labor time, supply and demand, marginal utility, putative or nominal price, risk-weighted interest rates, or some combination of the above: what do all of these conceptions of the […]
Economy of the War Machine (Part III of IV)
Part I. Introduction to an Economy of the War Machine Did you know that in Chapter 9 of A Thousand Plateaus Deleuze & Guattari outline an ordinal concept of value aligned with, in continuation of, and subsidiary to that
Economy of the War Machine (Part I of IV)
Cross currency swaps and FX swaps encompass structures which allow investors to raise funds in a particular currency, e.g. the dollar from other funding currencies such as the euro. For example an institution which has dollar funding needs can raise
Monetary Policy Divergence: Cross Currency + FX Swaps — Negative Basis
Rethinking Imperialism A Study of Capitalist Rule John Milios and Dimitris P. Sotiropoulos For more than a century ‘imperialism’ has been a key concept in Left theory and politics, connoting both the aggressiveness and the overripe characteristics of modern capitalism,
Entgegen einer in der Posthumanismus-Debatte weit verbreiteten Position sieht Becker das wirkliche Problem der Automation nicht in der Machtübernahme der Maschinen, sondern in der intensivierten, digitalisierten Kontrolle der Arbeitsprozesse durch das Management. Schon der Kybernetiker Oswald Wiener spricht hinsichtlich der
Automation, Netzwerke und Plattformen (2)
In the nineteenth century, Karl Marx wondered how it was possible for the exchange of commodities to generate so much wealth for some and so much misery for the others. A similar question now haunts our discussions of financial markets:
“Moneybags Must be So Lucky”: Inside the Hidden Abode of Prediction
Panayotis G. Michaelides, John G. Milios and Angelos Vouldi It is the purpose of the present paper to compare Emil Lederer and Joseph Schumpeter withrespect to their visions concerning the notions of economic growth, technology, credit and business cycles. Lederer,
Schumpeter and Lederer on Growth, Technology, Credit and Business Cycles
Anna Newspeak: Wir wollten noch näher über Derivate-Kommunismus und bedingungslosen Grundbesitz sprechen. Was ist für dich der sogenannte Derivate-Kommunismus? Achim Szepanski: A-Mathematisch wird der Derivate-Kommunismus folgendermaßen angeschrieben: Eine komplexe Zahl besitzt zwei Teile: einen realen Teil und einen imaginären Teil,
Folgt man einer linear konzipierten Genealogie der Technikgeschichte, so beginnt die erste Epoche der Industrialisierung mit der Dampfmaschine, welche von der Epoche der Elektrifizierung und Taylorisierung und diese wiederum von der dritten Epoche der digitalen Automation und der Einführung von
Automation, Netzwerke und Plattformen (1)
Amazon’s business operations highlight many of the paradoxes of modern imperialism. It provides an efficient delivery of a wide range of goods and services to satisfied customers, but the workers involved in the process are stretched to the limit, and
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.
These are eclectics of the production, eclectics of the repetition, eclectics of the difference, where the fecundity of the novelty would either spring forth, or be weeded out. There is ‘schizoproduction’ prevalent in the world. This axiomatic schizoproduction is not