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The Capitalist Schema - Time, Money, and the Culture of Abstraction (Paperback)
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The Capitalist Schema - Time, Money, and the Culture of Abstraction (Paperback)
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Christian Lotz argues that Immanuel Kant's idea of a mental
schematism, which gives the human mind access to a stable reality,
can be interpreted as a social concept, which, using Karl Marx, the
author identifies as money. Money and its "fluid" form, capital,
constitute sociality in capitalism and make access to social
reality possible. Money, in other words, makes life in capitalism
meaningful and frames all social relations. Following Marx, Lotz
argues that money is the true Universal of modern life and that, as
such, we are increasingly subjected to its control. As money and
capital are closely linked to time, Lotz argues that in capitalism
money also constitutes past and future "social horizons" by turning
both into "monetized" horizons. Everything becomes faster, global,
and more abstract. Our lives, as a consequence, become more mobile,
"fluid," unstable, and precarious. Lotz presents analyses of
credit, debt, and finance as examples of how money determines the
meaning of future and past, imagination, and memory, and that this
results in individuals becoming increasingly integrated into and
dependent upon the capitalist world. This integration and
dependence increases with the event of electronics industries and
brain-science industries that channel all human desires towards
profits, growth, and money. In this way, the book offers a critical
extension of Theodor Adorno's analysis of exchange and the culture
industry as the basis of modern societies. Lotz
argues-paradoxically with and against Adorno-that we should return
to the basic insights of Marx's philosophy, given that the
principle of exchange is only possible on the basis of more
fundamental social and economic categories, such as money.
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