On the tl, Moct chimes in on my post about capitalist space-times: https://twitter.com/Moctezuma_III/status/1193667057864368128 It’s an interesting point that says something about the distinct social and cultural patterning that typifies capitalist development. I would absolutely agree with Moct here in that the frozen desert of temporal spatialization is the defining characteristic of our current epoch. We can see […]
Read More Decadence & (Po)MoLast night I came across this interview with Moishe Postone via Ross Wolfe’s Charnel House blog. I’m a bit surprised that I hadn’t seen it before—it’s definitely an example of Postone at his best, and (like many of his other interviews and shorter articles) brings into relief the positive political dimensions that are often missed if […]
Read More Spatialization of Time/Temporalization of SpaceThe Good Doctor The second area in which we find Marx raising questions around geometrical growth occurs in the course of his analysis of interest-bearing capital. Just as the discussions of geometrical growth with respect to mechanization appeared in primarily in the Grundrisse and the three volumes of Capital (namely, the first and third volumes), […]
Read More Marx on Geometric Change (2. Interest-Bearing Capital)While… productive power increases in a geometric, the extension of markets proceeds at best in an arithmetic ratio. —Engels, preface to the 1886 English edition of Capital Vol. 1 Change and Progress Theories of ‘accelerating change’ are mostly commonly associated with a particular strain of techno-utopian thought, concentrated primarily on the libertarian—and perhaps at this point, postlibertarian—side […]
Read More Marx on Geometric Change (1. The Rate of Profit)
Reciprocal Contradiction 