specific contents of Baudelaire's poetry were directly reduced to economic peripeteia of the time

it signifies the appearance of a new peripety

The peripeties themselves have the task of imprinting on the world a sort of elastic condition

The final stage of the Pragmatist's Progress comes when one begins to see one's previous peripeties not as stages in the ascent toward Enlightenment, but simply as the contingent results of encounters with various books which happened to fall into one's hands.