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Capital and Language - From the New Economy to the War Economy (Paperback)
Loot Price: R586
Discovery Miles 5 860
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Capital and Language - From the New Economy to the War Economy (Paperback)
Series: Semiotext(e) / Foreign Agents
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Loot Price R586
Discovery Miles 5 860
Expected to ship within 10 - 15 working days
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A major theorist in the Italian postfordist movement offers a
radical new understanding of the current international economic
situation. The Swiss-Italian economist Christian Marazzi is one of
the core theorists of the Italian postfordist movement, along with
Antonio Negri, Paolo Virno, and Bifo (Franco Berardi). But although
his work is often cited by scholars (particularly by those in the
field of "Cognitive Capitalism"), his writing has never appeared in
English. This translation of his most recent work, Capital and
Language (published in Italian in 2002), finally makes Marazzi's
work available to an English-speaking audience. Capital and
Language takes as its starting point the fact that the extreme
volatility of financial markets is generally attributed to the
discrepancy between the "real economy" (that of material goods
produced and sold) and the more speculative monetary-financial
economy. But this distinction has long ceased to apply in the
postfordist New Economy, in which both spheres are structurally
affected by language and communication. In Capital and Language
Marazzi argues that the changes in financial markets and the
transformation of labor into immaterial labor (that is, its
reliance on abstract knowledge, general intellect, and social
cooperation) are just two sides of the same coin. Capital and
Language focuses on the causes behind the international economic
and financial depression of 2001, and on the primary instrument
that the U.S. government has since been using to face them: war.
Marazzi points to capitalism's fourth stage (after mercantilism,
industrialism, and the postfordist culmination of the New Economy):
the "War Economy" that is already upon us. Marazzi offers a radical
new understanding of the current international economic stage and
crucial post-Marxist guidance for confronting capitalism in its
newest form. Capital and Language also provides a warning call to a
Left still nostalgic for a Fordist construct-a time before factory
turned into office (and office into home), and before labor became
linguistic.
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