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260

ECONOMICS: Postmodernism and the Market

1
terms
3
notes

Jameson, F. (1991). ECONOMICS: Postmodernism and the Market. In Jameson, F. Postmodernism or the Cultural Logic of Late Capitalism. Verso, pp. 260-278

265

[...] There is certainly a Marxist practice of politics, but political thinking in Marxism, when it is not practical in that way, has exclusively to do with the economic organization of society and how people cooperate to organize production. This means that "socialism" is not exactly a political idea, or, if you like, that it presupposes the end of a certain political thinking. It also means that we do have our homologues among the bourgeois thinkers, but they are not the fascists (who have very little in the way of thought in that sense, and have in any case become historically extinct), but rather the neoliberals and the market people: for them also, political philosophy is worthless (at least once you get rid of the arguments of the Marxist, collectivist enemy), and "politics" now means simply the care and feeding of the economic apparatus (in this case the market rather than the collectively owned and organized means of production). Indeed, I will argue the proposition that we have much in common with the neoliberals, in fact virtually everything -- save the essentials!

lol

—p.265 by Fredric Jameson 10 months, 3 weeks ago

[...] There is certainly a Marxist practice of politics, but political thinking in Marxism, when it is not practical in that way, has exclusively to do with the economic organization of society and how people cooperate to organize production. This means that "socialism" is not exactly a political idea, or, if you like, that it presupposes the end of a certain political thinking. It also means that we do have our homologues among the bourgeois thinkers, but they are not the fascists (who have very little in the way of thought in that sense, and have in any case become historically extinct), but rather the neoliberals and the market people: for them also, political philosophy is worthless (at least once you get rid of the arguments of the Marxist, collectivist enemy), and "politics" now means simply the care and feeding of the economic apparatus (in this case the market rather than the collectively owned and organized means of production). Indeed, I will argue the proposition that we have much in common with the neoliberals, in fact virtually everything -- save the essentials!

lol

—p.265 by Fredric Jameson 10 months, 3 weeks ago

(German for worldview) a particular philosophy or view of life; the worldview of an individual or group

265

Marxism is indeed not a political philosophy of the weltanschauung variety, and in no way "on all fours" with conservation, liberalism, radicalism, populism, or whatever

heh

—p.265 by Fredric Jameson
notable
10 months, 3 weeks ago

Marxism is indeed not a political philosophy of the weltanschauung variety, and in no way "on all fours" with conservation, liberalism, radicalism, populism, or whatever

heh

—p.265 by Fredric Jameson
notable
10 months, 3 weeks ago
271

We must suspect, therefore, that essentialist defenses of the market in reality involve other themes and issues altogether: the pleasures of consumption are little more than the ideological fantasy consequences available for ideological consumers who buy into the market theory, of which they are not themselves a part. Indeed, one of the great crises in the new conservative cultural revolution -- and by the same token one of its great internal contradictions -- was displayed by these same ideologues when some nervousness began to appear over the success with which consumer America had overcome the Protestant ethic and was able to throw its savings (and future income) to the winds in exercising its new nature as the full-time professional shopper. But obviously you can't have it both ways; there is no such thing as a booming, functioning market whose customer personnel is staffed by Calvinists and hardworking traditionalists knowing the value of the dollar.

heh

—p.271 by Fredric Jameson 10 months, 3 weeks ago

We must suspect, therefore, that essentialist defenses of the market in reality involve other themes and issues altogether: the pleasures of consumption are little more than the ideological fantasy consequences available for ideological consumers who buy into the market theory, of which they are not themselves a part. Indeed, one of the great crises in the new conservative cultural revolution -- and by the same token one of its great internal contradictions -- was displayed by these same ideologues when some nervousness began to appear over the success with which consumer America had overcome the Protestant ethic and was able to throw its savings (and future income) to the winds in exercising its new nature as the full-time professional shopper. But obviously you can't have it both ways; there is no such thing as a booming, functioning market whose customer personnel is staffed by Calvinists and hardworking traditionalists knowing the value of the dollar.

heh

—p.271 by Fredric Jameson 10 months, 3 weeks ago
276

This interpenetration by way of the content is then augmented in a somewhat different way by the nature of the products themselves: one's sense, particularly when dealing with foreigners who have been enflamed by American consumerism, is that the products form a kind of hierarchy whose climax lies very precisely in the technology of reproduction itself, which now, of course, fans out well beyond the classical television set and has come in general to epitomize the new informational or computer technology of the third stage of capitalism. We must therefore also posit another type of consumption: consumption of the very process of consumption itself, above and beyond its content and the immediate commercial products. It is necessary to speak of a kind of technological bonus of pleasure afforded by the new machinery and, as it were, symbolically reenacted and ritually devoured at each session of official media consumption itself. [...]

ooo this makes me think of neil's routine of going through credit card offers

—p.276 by Fredric Jameson 10 months, 3 weeks ago

This interpenetration by way of the content is then augmented in a somewhat different way by the nature of the products themselves: one's sense, particularly when dealing with foreigners who have been enflamed by American consumerism, is that the products form a kind of hierarchy whose climax lies very precisely in the technology of reproduction itself, which now, of course, fans out well beyond the classical television set and has come in general to epitomize the new informational or computer technology of the third stage of capitalism. We must therefore also posit another type of consumption: consumption of the very process of consumption itself, above and beyond its content and the immediate commercial products. It is necessary to speak of a kind of technological bonus of pleasure afforded by the new machinery and, as it were, symbolically reenacted and ritually devoured at each session of official media consumption itself. [...]

ooo this makes me think of neil's routine of going through credit card offers

—p.276 by Fredric Jameson 10 months, 3 weeks ago