Christian Marazzi: The Violence of Financial Capitalism (2010)
Filed under book | Tags: · capitalism, cognitive capitalism, economy, finance, financial crisis, politics
“This first English-language edition of Christian Marazzi’s most recent book, The Violence of Financial Capitalism, makes a groundbreaking work on the global financial crisis available to a new audience of readers. Marazzi, a leading figure in the European postfordist movement, first takes a broad look at the nature of the crisis and then provides the theoretical tools necessary to comprehend capitalism today, offering an innovative analysis of financialization in the context of postfordist cognitive capitalism. He argues that the processes of financialization are not simply irregularities between the traditional categories of wages, rent, and profit, but rather a new type of accumulation adapted to the processes of social and cognitive production today. The financial crisis, he contends, is a fundamental component of contemporary accumulation and not a classic lack of economic growth.
Marazzi shows that individual debt and the management of financial markets are actually techniques for governing the transformations of immaterial labor, general intellect, and social cooperation. The financial crisis has radically undermined the very concept of unilateral and multilateral economico-political hegemony, and Marazzi discusses efforts toward a new geo-monetary order that have emerged around the globe in response. Offering a radically new understanding of the current stage of international economics as well as crucial post-Marxist guidance for confronting capitalism in its newest form, The Violence of Financial Capitalism is a valuable addition to the contemporary arsenal of postfordist thought. This expanded edition includes a new appendix for comprehending the esoteric neolanguage of financial capitalism—a glossary of ‘Words in Crisis,’ from ‘AAA’ to ‘toxic asset.'”
Translated by Kristina Lebedeva
Publisher Semiotext(e), 2010
Intervention series, 2
ISBN 1584350830, 9781584350835
112 pages
PDF (updated on 2017-6-26)
Comment (0)Geert Lovink, Ned Rossiter (eds.): MyCreativity Reader: A Critique of Creative Industries (2007)
Filed under book | Tags: · cognitive capitalism, creative industries, creativity, critique, cultural production, culture industry, labour
“The MyCreativity Reader is a collection of critical research into the creative industries. The material develops out of the MyCreativity Convention on International Creative Industries Research held in Amsterdam, November 2006. This two-day conference sought to bring the trends and tendencies around the creative industries into critical question.
The “creative industries” concept was initiated by the UK Blair government in 1997 to revitalise de-industrialised urban zones. Gathering momentum after being celebrated in Richard Florida’s best-seller The Creative Class (2002), the concept mobilised around the world as the zeitgeist of creative entrepreneurs and policy-makers. Despite the euphoria surrounding the creative industries, there has been very little critical research that pays attention to local and national and variations, working conditions, the impact of restrictive intellectual property regimes and questions of economic sustainability. The reader presents academic research alongside activist reports that aim to dismantle the buzz-machine.”
Editorial assistance: Sabine Niederer
Publisher Institute of Network Cultures, Amsterdam, 2007
Creative Commons Attribution Noncommercial No Derivative Works 2.5 Netherlands License
ISBN: 9879078146049
274 pages