the postulate that markets are organised most effectively by private enterprise and that the private pursuit of accumulation will generate the most common good; accomplished by opening international markets and financial networks, and downsizing the welfare state
The aim of neoliberalism is, in Foucault's words, 'a state under the supervision of the market rather than a market supervised by the state.'
The aim of neoliberalism is, in Foucault's words, 'a state under the supervision of the market rather than a market supervised by the state.'
[...] Foucault notes that neoliberalism concedes this: 'neo-liberal government intervention is no less dense, frequent, active, and continuous than in any other system.' The difference, however, is the point of application. It intervenes on society 'so that competitive mechanisms can play a regulatory role at every moment and every point in society and by intervening in this way its objective will become possible, that is to say, a general regulation of society by the market.' Therefore, we miss the point if we simply leave a critique of neoliberalism at the point of saying 'neoliberalism is as statist as other governmental forms'. Instead, the necessity is to analyze how neoliberalism creates a new form of governmentality in which the state performs a different function: permeating society to subject it to the economic.
[...] Foucault notes that neoliberalism concedes this: 'neo-liberal government intervention is no less dense, frequent, active, and continuous than in any other system.' The difference, however, is the point of application. It intervenes on society 'so that competitive mechanisms can play a regulatory role at every moment and every point in society and by intervening in this way its objective will become possible, that is to say, a general regulation of society by the market.' Therefore, we miss the point if we simply leave a critique of neoliberalism at the point of saying 'neoliberalism is as statist as other governmental forms'. Instead, the necessity is to analyze how neoliberalism creates a new form of governmentality in which the state performs a different function: permeating society to subject it to the economic.
(noun) something that covers or encloses / (noun) an enveloping layer (as a skin, membrane, or cuticle) of an organism or one of its parts
in the language of Marx, this acceleration of neoliberalism will lead to a point of incompatibility with the capitalist integument, which will then be burst asunder
in the language of Marx, this acceleration of neoliberalism will lead to a point of incompatibility with the capitalist integument, which will then be burst asunder
(adj) without a head
the valorization of the market as the acephalic field that releases and fosters these forces
cybernetic, neurobiological forces within capitalism
the valorization of the market as the acephalic field that releases and fosters these forces
cybernetic, neurobiological forces within capitalism
[...] Operating in the mode of a macho hard-edged realism, what accelerationism attests to is the poverty of a theoretical imagination unable to reconstruct any rationality in the present and is instead content to wallow in the fantasmatic residues of capitalism's own irrationalisms.
[...] Operating in the mode of a macho hard-edged realism, what accelerationism attests to is the poverty of a theoretical imagination unable to reconstruct any rationality in the present and is instead content to wallow in the fantasmatic residues of capitalism's own irrationalisms.