The passionate temperament of employment, now richer than both the Marxian thesis of naked exploitation and its continuation in the sociology of Fordist consumption implicitly assumed
[...] Was not capital’s claim to a part of the revenues originally justified by its willingness to assume economic risk, with employees abandoning a part of the added value of their labour in exchange for a fixed remuneration, shielded from the vagaries of the market? Yet the new structural condi…
What the capitalist master-desire in the neoliberal era seeks is nothing less than the liquefaction of labour-power, making the overall size of the workforce into something fluid, reversible, and as easily adjustable as the components of a portfolio of financial assets, with the inevitable effect of creating a world of extreme uncertainty for enlistees.
never seen it used in an economic context before but it kind of makes sense
Understood as the option to exit an asset market at any moment, an option made possible by the certainty of finding a counterparty (a buyer) and by a volume of activity that assures the absorption of the exit transaction (the sale of titles) by the market without significant price variations, liqui…
