17 Mrz , 2018  

In this talk I’d like to introduce my new book Capital and Time: For a New Critique of Neoliberal Reason. I will focus on one of the key themes of the book: the question of speculation.

If there is one thing that unites the different political economy critiques of the ...

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Brian Massumis “On the Revaluation of Value” (2)

13 Mrz , 2018  

Das Problem des Exzesses (das Kapital und sein Potenzial) kehrt zurück, wenn es um den Mehrwert geht bzw. um das Kapital in der Qualität des Geldes. Hier ist der Mehrwert als der Effekt eines sich vermehrenden Umschlags des Kapitals gegenüber dem Wert primär, während der Profit sozusagen die punktuelle numerische ...

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Capital and Time. For a New Critique of Neoliberal Reason

6 Mrz , 2018  


Introduction: Beyond the Critique of Speculation

This introductory chapter discusses the shortcomings of the heterodox critique of financial speculation as an irrational divergence from real values. It argues that the capitalist subject speculates not in defiance of fundamental values but precisely because it has none to fall back on. ...

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A Critique of the Critique of Finance: Critics of neoliberal capitalism rarely recognize the productive power of speculation

23 Feb , 2018  

If there is one theme that unites the various critiques of contemporary finance, it is the emphasis on its speculative character. Financial growth is said to be driven not by the logic of efficient markets, but rather by irrational sentiment, “animal spirits” that do not respect fundamental values.

Emphasizing the ...

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