Saturday, August 22, 2026

Adventures of a smelly Jew

 Valorization specialist Jappe criticizes the truncated critique of existing capitalism that is characteristic of the antiglobalization movement and its “social forums”, which reduces the relation of capital to its current “neoliberal” phenomenology and which ultimately only seeks to return to Keynesian forms of regulation (or to traditional socialist ideas). He also addresses the neo-utopian concepts of “moneyless exchange” that are being disseminated (partly with reference to the works of Marcel Mauss on the “gift” in pre-modern societies) via ideas about “free cooperatives” and in the “free software” movement. These tendencies once again have an erroneous understanding of capitalism, which they perceive as a simple mode of circulation or “market economy”; they conceive inadequate ideas of a kind of circulation without the commodity form, which could even be appropriated as instruments for crisis management, along the lines of the encouragement of the spread of economic subsistence in the form of niches of the “informal economy”. 

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