Moralism and the Critique of Capitalism

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Everything about capitalism is rational, except capital or capitalism. A stock-market is a perfectly rational mechanism, you can understand it, learn how it works; capitalists know how to use it; and yet what a delirium, it’s nuts. This is what we mean when we say that the rational is always the rationality of an irrational. Something that has not been discussed in Marx’s Capital is the extent to which he is fascinated by capitalist mechanisms, precisely because, at one and the same time, it is demented and it works.

“On Capitalism and Desire” in Desert Islands and Other Texts (Semiotexte, 2004), p. 262

PhD student. Interests in critical theory, radical democracy, new materialism, ideology, science fiction, and extreme metal.

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