EconoFiction

Capitalisation is debt production sui generis

26 Mai , 2020  

Dieter Schnass writes in the context of the EU’s current aid measures in an article in Wirtschaftswoche that infinite debt is the business basis of the capitalist system: “… Without stimulus from governments and central banks the world economy would be stuck for years “in a deflationary labyrinth”. What is ...

, , , ,

EconoFiction

Capitalized money, austerity and the math of capitalism

6 Mai , 2020  

This article seeks to contribute to the existing critical debates on money and debt by advancing three main arguments. First, largely due to such debates’ tendency for description, the article argues that in in the heterodox literature on money and debt there is no convincing critical theory of money creation. ...

, , , ,

EconoFiction

Covid ‐ 19 Capitalism, Neoliberal Debt & the Need for Sovereign Money

16 Apr , 2020  

… If no one borrowed, our capitalist economies would go into severe contraction because the vast majority of our money is created as debt. This is why financial elites were rattled during the global financial crisis: they feared credit would dry up and credit    is   the   lifeblood    of     global    capitalism ...

, , , , , ,

EconoFiction

THE AGE OF SPECULATIVE CAPITAL AND GLOBAL CIRCULATION FIGHTS

25 Jul , 2019  

Michel Feher claims in his new book, Rated Agency, that capitalized capitalism, which started in 1970, is akin to a Copernican revolution in that the new regime of capital accumulation no longer focuses on industrial companies based on vertical integration and internal growth, but on this regime both companies as ...

, , , , , ,

EconoFiction

SPECULATIVE TIME, DEBT AND CLASS POLITICS

21 Jul , 2019  

Many of the catchy testimonies of critical sociologists, ranging from Richard Sennett to Elena Esposito, are that the future is always some distance from the present, protected from the here and now and not as an economic resource in the world Present in the markets should be traded. The ...

, , , , ,

EconoFiction

Another Speculation? Michel Feher on Neoliberalism and Resistance

4 Okt , 2018  

In getting to grips with “neoliberalism”, a recommended first port of call is the published transcripts of Michel Foucault’s 1979 lecture series at the Collège de France titled The Birth of Biopolitics.[i] In those lectures Foucault demonstrated that the foundations of neoliberalism emerge from a critique of the ...

, , , , , , , , ,

EconoFiction

Accelerating Capital: Completed Nihilism and The Indebted Man

25 Apr , 2017  

In his book Data Trash (1993), Arthur Kroker writes that in the field of digital acceleration, more information means less meaning, because meaning slows info circulation. In the sphere of the digital economy, the faster information circulates, the faster value is accumulated. But meaning slows down this process, as meaning ...

, ,

EconoFiction

Kapitalisierung 1 & 2

14 Sep , 2015  

Ich stelle hier erstmals die Einleitung zu den im Laika Verlag  erschienenen Bänden “Kapitalisierung Bd. 1 – Marx’ Non-Ökonomie”  und “Kapitalisierung Bd. II – Non-Ökonomie des gegenwärtigen Kapitalismus” zur Verfügung.

 

Hier das pdf: Einleitung von LaikaTheorie43 Innen Druck-2 ...

, , , , ,