EconoFiction

Fiktives Kapital: Aus 1000 Euro mach 2000 Euro

14 Feb , 2019  

Der Kauf und Verkauf von Geldkapital, seien es nun in Form von Aktien, Wertpapieren oder Derivaten, wird an sog. Geld- oder Kapitalmärkten abgewickelt. Man sollte aber dringlichst vermeiden, hier den Begriff des Marktes womöglich als konkretes Universal überzustrapazieren, vielmehr wäre es angebracht, diese Art strukturell-sozialer Raum als Distribution von Distributionen ...

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Mashines

Pragmatic/Machinic: Discussion with Félix Guattari [by Charles J. Stivale]

6 Feb , 2019  

taken from Blackout

The following discussion with Félix Guattari took place in his apartment in Paris. With the help of a number of friends, I had prepared a set of questions, and had contacted him to see if he might be available to answer some of them.\1 He responded immediately, ...

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PhiloFiction

Gloss on Humanism

5 Feb , 2019  

Since the emergence of bourgeois society and throughout the course of its existence, the emphasis on man has been the price paid for the development and the autonomization of exchange value as well as for the progressive reification of human relations. The more capitalist dehumanization – the ‘organic composition’ of ...

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EconoFiction

“Third Persons” and Reproduction: A Note to R. Luxemburg’s Critique of Marx’s Reproduction Schemes

5 Feb , 2019  

“Third Persons” and Reproduction:

A Note to R. Luxemburg’s Critique of Marx’s Reproduction Schemes

George Economakis and John Miliosi

Abstract

The aim of the present paper is to critically present Rosa Luxemburg’s critique to Marx’s reproduction schemes of a pure capitalist economy in Volume 2 of Capital, as a ...

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EconoFiction

Autumn of the System: Poetry and Financial Capital

3 Feb , 2019  

It is worth recalling at this juncture that M-C-M! is not the formula for
economic circulation as such, but a specific mode of same: that of capitalism. Parallel to this is the oft-elided fact that Marx nowhere claims that the sale of commodities for money is peculiar to capitalism, but ...

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NonPolitics

Full Metal Yellow Jacket

2 Feb , 2019  

(lundi matin #175, 22/01/2019)

Let us not sulk for our pleasure! The movement against the labour law of the spring of 2016, the defense of the ZAD of NDDL [Notre-dame-des-landes] in the spring of 2018 and finally the movement of the yellow vests that appeared in autumn 2018 and ...

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GenericScience

So ist die Demokratie das Wesen aller Staatsverfassung (Karl Marx)

29 Jan , 2019  

Auch in dieser Frage machte Marx keinerlei Zugeständnisse. Und es waren Deleuze/Guattari, die aufgrund vielfältiger historischer Erfahrungen, von denen Marx nichts wissen konnte, ins gleiche Horn bliesen und dessen Ansatz noch verschärften. Deleuze und Guattari verhöhnen geradezu die Demokratie, die den Vertrag, den Konsens und die Kommunikation und damit ständig ...

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EconoFiction

Money in Marx: From value-form Analysis to an Understanding of Modern Capitalism

26 Jan , 2019  

The rise of finance makes capitalist exploitation more effective but heav-ily reliant on market liquidity. When the latter evaporates, the whole setting quickly disintegrates. In other words, the demand for more discipline within capitalist power relations makes the economic milieu more vulnerable and fragile. Financial instability in our contemporary societies ...

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EconoFiction

Das spekulative Kapital (2)

25 Jan , 2019  

LiPuma untersucht in einem weiteren Abschnitt die verschiedenen Institutionen des spekulativen Kapitals. Der erste Bereich sind Geschäfts- und Investmentbanken, die an den Derivatmärkten spekulieren. Diese Unternehmen besitzen interne Hedgefonds, die mit dem firmeneigenen Kapital spekulieren, das heißt mit dem Kapital der Shareholder, und dabei gehebelte Strategien verwenden, um den Shareholder-Value ...

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EconoFiction

150 years Karl Marx’s “Capital”

24 Jan , 2019  

150 years after its publication, Marx’s Capital remains stunningly relevant today. In essence, it is a research program launched by Marx without ever having been completed, and which is basically an ongoing project, as its object is, as Marx himself explains, the “ideal average” of the capitalist system, the causal ...

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EconoFiction

Das spekulative Kapital (1)

24 Jan , 2019  

Wir legen hier in drei Teilen einen Vorbericht zu dem Buch Das spekulative Kapital vor, welches die erste umfassende Studie einer neuen Kapitalform beinhaltet, die die Ökonomien des 21. Jahrhunderts beherrscht. Dabei beziehen wir uns in diesem Bericht des öfteren auf LiPumas Buch The Social Life of Financial Derivatives: Markets, ...

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NonPolitics

Elements for a cartography of belonging to a group

22 Jan , 2019  

The essay we (autonomies) share below is by the brazilian philosopher Peter Pál Pelbart. (In the absence of the original portuguese language version, our translation relies upon a spanish language translation published by lobo suelto!) The exercise undertaken is difficult (to conceptualise a community of the different) and it ...

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Documentation, GenericScience

Wandering Abstraction

20 Jan , 2019  

… Since the ‘we’ is constituted by the class relation, the self-overcoming of the ‘we’ is the overcoming of the relation that constitutes it. This is certainly theoretically uncompromising (and admirable because of it). But it is also paradoxical, and its paradoxical character exacerbates its status as a claim that ...

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EconoFiction

Swoosh

18 Jan , 2019  

Through a discussion of Nike’s Flyknit this essay deal with recent struggles and socioeconomic/technological trends in China, their relation to changing fashions in the West and possible forms of resistance that may emerge in global supply chains..

Note: Much of the material on China below is drawn from the important ...

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EconoFiction, Groschenroman

Digital labour, species-becoming and the global worker

17 Jan , 2019  

This paper places digital labour in the context of recently revived interest in the young Marx’s concept of ‘species-being’ (Gatungswesen). Cryptically and fragmentarily announced in the Economic and Philosophic Manuscripts of 1844, but largely abandoned in Marx’s later work, the idea has passed in and then, apparently decisively, out, of ...

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Documentation

The Coming crisis, breath & yellow vests: where are we going?

16 Jan , 2019  

Originally published in French on Paris-Luttes.info on Jan. 11th 2019. Translated by our collaborator in French, Otto Mattik and edited by us at Ediciones Inéditos. It is a glimpse at the looming capitalist crisis to come and how the writer in France figures the Yellow Vests movement within it ...

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NonPolitics, PhiloFiction

Politicising Deleuzian Thought, or, Minority’s Position within Marxism

15 Jan , 2019  

The difference between the two points of view will thus be all the
more pronounced. The Marxist notion of the proletariat entails a
triple consideration: its position within the structure of production,
determined at minimum by its dispossession of the means of production
and its insertion into the process of ...

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GenericScience

Alien Capital Redux

12 Jan , 2019  

There’s some fascinating comments by Louis Armand in an essay featured in Alienist #4 that deal with Primož Krašovec’s ‘Alien Capital’:

This Alien metaphor can be taken a step further, in that it exceeds the notion of simply an economic or social prosthesis – an addition to the world of ...

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NonPolitics

Why Riot?

11 Jan , 2019  

The riot is most important, then, not in its traditional ability to win demands that progressives can only drool over, but instead when it takes on a demandless character. This absence of demands in the riot and occupation implies two things: First, it implies a rejection of existing mediations ...

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EconoFiction

Demystifying Finance: How to understand financialization and think of strategies for a good society

4 Jan , 2019  

Dimitris P. Sotiropoulos
John Milios
&
Spyros Lapatsioras

  1. Introduction
    In a recent special report of the Economist on financial risk it was argued that “the idea that markets can be left to police themselves turned out to be the world’s most expensive mistake.”1 This rather unexpected remark reflects the fundamental
...

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EconoFiction

Money as Money: Suzanne de Brunhoff’s Marxist Monetary Theory

3 Jan , 2019  

Abstract: This article proposes the necessity to return to Suzanne de Brunhoff’s Marxist monetary theory in order to conceptualise the relationship between production and social reproduction within financialised capitalist social relations. De Brunhoff maintains a commitment to understanding «money as money» or money as an independent variable, with a ...

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Mashines

The Vast Automaton: Notes on Alexei Gastev, Marx, and Andrew Ure

31 Dez , 2018  

In 1916 his poem Express: A Siberian Fantasy, Alexei Gastev depicts a journey, undertaken by a high-speed passenger train, across a vast wasteland that has been transformed by the pulsing tumult of industrial modernity. The vision is one of an open future, characterized by the tearing away of the ...

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EconoFiction

Marx as a Dark Futurist

29 Dez , 2018  

Writing a century and half ago, it was Marx’s particular theoretical genius to see right through the opening moments of industrial capitalism to its closing moments in the form of virtual capital moving at the speed of circulation. Ironically, as a thinker who was historically fixed in the immediate vicissitudes ...

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