catechism
Up to this point the theory of utility was able to base itself on definite social facts; its further account of the manner of exploitation amounts to a mere recital of catechism phrases.
Up to this point the theory of utility was able to base itself on definite social facts; its further account of the manner of exploitation amounts to a mere recital of catechism phrases.
ideological prosopopoeia is having a heyday: the markets have started to talk again as living persons, expressing their 'worry' at what will happen if the elections fail to produce a government with a mandate to continue with the programme of fiscal austerity
capitalism once again began to rely [...] on forms of accumulation by dispossession [...] that Marx once identified as typical forms of what he called 'primitive accumulation'. The commodification of labour, land and money
We can continue to think of the story of the last forty years as the rising global reach of neoliberalism, and this hermeneutic explains a lot—nearly everything, in fact.
Jean Baudrillard termed hyperreality—a network of surface appearance so densely configured and mediated through the manipulation of images as to displace our sense of what’s real. What we think of as the financial system is something that resides only on the surface