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Magical Capitalism - Enchantment, Spells, and Occult Practices in Contemporary Economies (Hardcover, 1st ed. 2018)
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Magical Capitalism - Enchantment, Spells, and Occult Practices in Contemporary Economies (Hardcover, 1st ed. 2018)
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This volume of essays examines the ways in which magical practices
are found in different aspects of contemporary capitalist
societies. From contract law to science, by way of finance,
business, marketing, advertising, cultural production, and the
political economy in general, each chapter argues that the kind of
magic studied by anthropologists in less developed societies -
shamanism, sorcery, enchantment, the occult - is not only alive and
well, but flourishing in the midst of so-called 'modernity'. Modern
day magicians range from fashion designers and architects to Donald
Trump and George Soros. Magical rites take place in the form of
political summits, the transformation of products into brands
through advertising campaigns, and the biannual fashion collections
shown in New York, London, Milan and Paris. Magical language, in
the form of magical spells, is used by everyone, from media to
marketers and all others devoted to the art of 'spin'. While magic
may appear to be opposed to systems of rational economic thought,
Moeran and Malefyt highlight the ways it may in fact be an
accomplice to it.
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