The vectoral class has few fixed assets. It tries to avoid actually owning factories. It avoids paying wages directly. It has less and less interest in the viability of national spaces of production and consumption. Fordism is dead. [...]
Vectoral power can thus dispense with much of the machinery of the old capitalist ruling class. It is a matter of indifference who actually owns a furnace or an assembly line. The vectoral class contracts out such functions. The rise of the manufacturing industry in China and of the service industr…
Such reliance, almost a dependency, is part of larger mechanisms of capitalist extraction of value that are fundamental to late capitalism as a whole. That is, such processes are not created outside capital and then reappropriated by capital, but are the results of a complex history where the relat…
[...] Opensource companies such as Cygnus convinced the market that you do not need to be proprietary about source codes to make a profit: the code might be free, but tech support, packaging, installation software, regular upgrades, office applications, and hardware are not.
The outcome of the explicit interface between capital and the
Internet is a digital economy that manifests all the signs of an
acceleration of the capitalist logic of production. It might be
that the Internet has not stabilized yet, but it seems undeniable
that the digital economy is the fastes…
