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After Economy? Social Logics of the Derivative

저자
Randy Martin
서지
Social Text 31.114
발간일
2013
조회수
733
SNS 공유
네이버 블로그 공유하기 페이스북 공유하기 트위터 공유하기 구글 플러스 공유하기 카카오 스토리 공유하기
The massive capital bailout launched in 2008 proceeded on a threat that without it “there would be no economy.” What if that turned out to be the case? Capital had claimed economy as the name of its social relations: the task here is to explore what social logic is disclosed through the derivative that would account for its expansion and impact beyond profit-taking exchange or as a mere succession in an unbroken chain of evermore-effective regimes of accumulation. Here “logic” will need to be a point of departure, not closure or completion, a sensibility that draws things together in a particular way while moving beyond itself. Capital accumulation has also generated an abundance of social relations, mutualities, and encumbrances that it could not abide. It flees the socialities it engenders and moves toward those it wants but a part of. The derivative is no different. It draws upon all manner of value forms that are already in motion if not already to hand.
이전글
Hope and hopelessness
다음글
What Difference do Derivatives Make