[Marxism] Cultures of Finance Summer Institute: The Wealth of Society: A Politics For Derivatives

Andrew Pollack acpollack2 at gmail.com
Tue Feb 12 10:21:03 MST 2013


This came up on the Strike Debt list.

Take a look through the description here:
http://ipk.nyu.edu/news/34-cof-summer-institute

Now one of two things is happening here:

1) As they previously did with the concept of debt, some
postmodernist/semi-Marxist scholars are now fetishizing derivatives'
importance and power, and, by applying bourgeois sociological and
anthropological theories to them, are wallowing in the fantasy world
of these financial tools which they themselves began to critique.

or

2) By astutely critiquing derivatives in all their economic, social
and cultural manifestations, they are helping free us from their
ideological grip and setting us free to destroy them and the banks
behind them.

or

3) A combination of 1 and 2.

My cynical reading leans toward 1.

Others?




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