Book reviews: Christian Marazzi Capital and Language: From the New Economy to the War Economy (trans. Conti G, intro. Hardt H), Semiotext(e), ; pp. Capital and Language: From the New Economy to the War Economy translation of Christian Marazzi, a Swiss-Italian economist emerging from the Italian. Paying Attention Dean Mathiowetz Volume 13, No. 3 University of California, Santa Cruz Fa ll, E-ISSN: X Christian Marazzi. Capital and.

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The logic here is by now well-known to us: Christopher Potts – unknown. Notify me of new comments via email.

Another area which Marazzi theorises, which has particular pertinence to media studies, is that of the attention economy. In his parting words, Marazzi seems correspondingly languate that the sorts of social movements represented by the WTO protests, mobilized in large part through the Internet, point the way forward.

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He characterizes the push toward disinflation as maeazzi response to both the abandonment of the gold standard in and stagflation in the late s. Marazzi makes this point with- out much fanfare at first, but his analysis ultimately depends on attention.

Request removal from index. Mathematical Discourse and Cross-Disciplinary Communities: Externally, crises demanded imperialism to maintain, as a Global South, countries that were sources of raw materials and dumping grounds cgristian excess consumer goods.


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Capital and Language – Christian Marazzi | Media Ecologies and Digital Activism

Attention must be paid, so we economize with ever smaller denominations. With their savings invested in securities, workers are no longer separated from capital as they are, by virtue of its legal definition, in the salary relationship.

Value is unknown, inherently speculative; what other people do offers conspicuous clues to it. They are, in a word, language. Fill in your details below or click an icon to log in: Enter the email address you signed up with and we’ll email you a reset link.

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Capital and Affects: The Politics of the Language Economy

Log In Sign Up. Human Economy, Human Capital: It is a scarce and extremely perishable good… A wealth of information creates a poverty of attention.

In the Post-Fordist economy the distinction between the real economy, in which material and immaterial goods are produced and sold, and the monetary-financial economy, where the speculative dimension dominates investor decisions, must be totally reconceived… In the New Economy language and communication are structurally and contemporaneously present throughout both the sphere of the production and distribution of goods and the sphere of finance, and it is for this very reason that changes in the world of work and modification in the financial markets must be seen as two sides of the same coin.


History of Western Philosophy. The critical question becomes who appropriates this value, and how.

This leads Marazzi to contend that The disproportion between the supply of information and the demand for attention is a capitalistic contradiction, an internal contradiction of the value form, of its being simultaneously commodity and money, a commodity increasingly accompanied by information and money-income, distributed in such as not to increase effective demand. Taking this idea a step further, Marazzi argues that in the New Economy, the general intellect is embodied in the ways that workers interact, rather than the ma- terial media of their interaction.

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The key here according to Marazzi is that whereas previously savings had been concentrated in household economies — property and goods — in the New Economy the collective savings and pension schemes of regular people became bound to the success of the global financial market, whose continuing growth their own financial future was tied to.

We are in a situation of information glut xnd, of an excess, an overload of information.