The Capitalist Schema by Christian Lotz

Author:Christian Lotz [Lotz, Christian]
Language: eng
Format: epub
Tags: undefined
Publisher: Lexington Books
Published: 2012-10-22T04:00:00+00:00

It is certainly true that certain groups, such as the upper classes, or institutions and companies, use their power to produce needs in their interest, but even the upper classes are not independent from money relations, since they, too, are a historically specific form of money-relation: the universal horizon of money is established in advance for all classes. Capitalist individuals want money before they can desire anything else. Money is the form under which all desires become possible, and as such it regulates that which individuals desire, how they think about getting their desires fulfilled, and what can count as a “legitimate” desire.[5] Anticipation of the future is money constituted, and what can be consumed is framed by money, as is most visible in the social engineering of desire and experience. As Haiven nicely puts it, money “colonizes the future” (Haiven 2011, 101).[6] Accordingly, we need to reconstruct the role of the gap between present and past, as well as the gap between present and future, as something that is itself constituted through money, since, as I argue, this gap takes on the universal forms of credit and debt. As Zizek has pointed out,

capitalism expands by repeatedly ‘borrowing from the future,’ by referring to some indefinite future moment of ‘full reimbursement’ which is forever deferred, like the constant rescheduling of the debts of Second and Third World countries by the IMF, with the fictional notion (which is operative, although no one believes in it) that, at some future moment, these debts will be repaid. (Zizek 2002, 279)

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