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Semiotext(e) / Intervention Series - 2: The Violence of Financial Capitalism

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This updated edition of a groundbreaking work on the global financial crisis presents a postfordist perspective. The 2010 English-language edition made this influential analysis accessible to a broader audience, and the new edition incorporates recent events, including the G20 summit in July 2010, which highlighted a consensus on reducing government spending. Marazzi, a prominent figure in the European postfordist movement, argues that financialization represents a new form of accumulation that reflects contemporary social and cognitive production rather than mere irregularities in traditional economic categories. He posits that the financial crisis is integral to modern accumulation rather than a simple lack of growth. Marazzi illustrates how individual debt and financial market management serve as techniques for governing the transformations of immaterial labor and social cooperation. The crisis has fundamentally challenged concepts of economic-political hegemony, prompting discussions about a new geomonetary order emerging globally. This work offers a fresh perspective on international economics and provides essential post-Marxist insights for addressing capitalism's latest manifestations. The edition includes a glossary of financial capitalism's specialized language, "Words in Crisis," and features a new afterword by Marazzi.

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Semiotext(e) / Intervention Series - 2: The Violence of Financial Capitalism, Christian Marazzi, Kristina Lebedeva, Jason Francis Mc Gimsey

Langue
Année de publication
2011
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Titre
Semiotext(e) / Intervention Series - 2: The Violence of Financial Capitalism
Sous-titre
New Edition
Langue
Anglais
Éditeur
Semiotext(e)
Publié
2011
Format
souple
Pages
136
ISBN10
1584351020
ISBN13
9781584351023
Séries
Évaluation
3,85 sur 5
Description
This updated edition of a groundbreaking work on the global financial crisis presents a postfordist perspective. The 2010 English-language edition made this influential analysis accessible to a broader audience, and the new edition incorporates recent events, including the G20 summit in July 2010, which highlighted a consensus on reducing government spending. Marazzi, a prominent figure in the European postfordist movement, argues that financialization represents a new form of accumulation that reflects contemporary social and cognitive production rather than mere irregularities in traditional economic categories. He posits that the financial crisis is integral to modern accumulation rather than a simple lack of growth. Marazzi illustrates how individual debt and financial market management serve as techniques for governing the transformations of immaterial labor and social cooperation. The crisis has fundamentally challenged concepts of economic-political hegemony, prompting discussions about a new geomonetary order emerging globally. This work offers a fresh perspective on international economics and provides essential post-Marxist insights for addressing capitalism's latest manifestations. The edition includes a glossary of financial capitalism's specialized language, "Words in Crisis," and features a new afterword by Marazzi.