Tag Archives: neoliberalism

Disimagination machine

We are repeatedly sold the same message: that individual action is the only real way to solve social problems, so we should take responsibility. We are trapped in a neoliberal trance by what the education scholar Henry Giroux calls a “disimagination machine”, because it stifles critical and radical thinking. We are admonished to look inward, and to manage ourselves. Disimagination impels us to abandon creative ideas about new possibilities. Instead of seeking to dismantle capitalism, or rein in its excesses, we should accept its demands and use self-discipline to be more effective in the market. To change the world, we are told to work on ourselves — to change our minds by being more mindful, nonjudgmental, and accepting of circumstances.

Extract from Ronald Purser’s new book, McMindfulness, at Teh Graun. It’s a hopeful sign that critiques of the neoliberal paradigm like this are creeping into more mainstream outlets — though it’s probably worth noting that Purser is published by Repeater, who also published the Mark Fisher collection, and the “privatisation of stress” thesis running through this piece is pretty much pure Fisher.

Competition demands exponentiality

We hold, first, that the “religion of the Singularity” is not new—it must be understood as a symptom of neoliberal rationality in the Information Age. Second, we argue that the same neoliberal logic is exemplified by recent developments in the urban process, its value flows, and its associated forms of governance. Finally, we conclude that to surpass the contradictions of info-capitalism that unfold in the ideology of the Singularity and of tech-infused urban life, we can turn to alternative models of ownership. Only by wresting back control of information and space can we begin to build radical alternatives to Singularitarian reduction.

Claudel & Shafer (2019), “A Rumble in the Taupe Hum of Info-Capital: On Reduction and the Neoliberal City“. Journal of Design and Science.

The (exchange) value of education

This is not special pleading for philosophy. The same argument holds for innumerable other subjects which don’t have any direct economic benefit. I always cringe when people quote Socrates’s line “the unexamined life is not worth living” as though it were an argument uniquely for philosophy. All the humanities, arts and social sciences have a role in helping us to live examined lives. If we cannot find spaces for them in our universities, education becomes nothing more than professional training, churning out people who can help run society efficiently but none who routinely and thoroughly ask what all that efficiency is in the service of.

Julian Baggini on Hull Uni’s decision to axe its philosophy undergrad offer.

Some speculations on speculation

I appeared on a panel about Speculative Design at LonCon3 over the weekend just gone, and one of my fellow panellists, architect and writer Nic Clear, mentioned that he had some misgivings over the use of the word “speculative”.

Definitions of 'speculation' from Oxford Dictionaries Online

It’s always had two meanings, after all: there’s the imaginative, extrapolative and science fictional sense in which we tend to use it today, but also the rather unfashionable (read as “historically tainted”) financial sense — think speculative building, for example, or the land speculations of the railroad barons.

We don’t talk so much of people speculating on the stock exchange as we used to; nowadays, one invests in the market. The nature of the game hasn’t changed, but the label has. Here’s an Ngram chart of word frequency over time:

Now look again at the secondary definition of speculation: “in the hope of gain but with the risk of loss” — my emphasis.

An investment, meanwhile, is “[t]he action or process of investing money for profit”; the word carries connotations of safety, security and foresight, especially by comparison with the gambler’s odds of speculation. An investment carries the promise of a return, not the possibility; as Chomsky is always pointing out, costs are socialised, while profits are privatised. Perhaps not incidentally, the archaic meaning of investment was “[t]he surrounding of a place by a hostile force in order to besiege or blockade it”. Plus ça change, non?

In another conversation, possibly one that followed the Body Modification panel, someone (to my shame, I can’t remember who — convention syndrome) pointed out the way the framing of Soylent as a product shifted over time: originally posited as a quick’n’easy occasional food replacement for busy people — sorta like Slimfast or protein shakes, but without the weight-loss or buffness angles — it only started being framed as a utopian replacement for a normal diet once the vencap money started turning up.

Ethan Zuckerman, describing advertising as the internet’s original sin — itself a curiously religious metaphor — introduced me to the concept of “investor storytime” by quoting from a speech by Maciej Cegłowski:

“Investor storytime is when someone pays you to tell them how rich they’ll get when you finally put ads on your site.

Pinterest is a site that runs on investor storytime. Most startups run on investor storytime.

Investor storytime is not exactly advertising, but it is related to advertising. Think of it as an advertising future, or perhaps the world’s most targeted ad.”  [Emphases mine.]

All selling is a game of narratives, a game of stories. To sell an idea to the vencaps, you need to tell them stories they like, stories that reflect their desires. We know the sorts of stories that the most successful vencaps like. Stories about strong ROI, certainly, but they have other interests: lax tax regimes, immortality, freedom from the restrictions of the petty mortals for whose trickle-down wellbeing they strive so hard. Capital-T Transhumanism and Singularitarianism are enthusiastically supported and bankrolled by these people.

Silicon Valley is where the two meanings of speculation collide, and Soylent is a metonymy of that collision. It figures a future where even eating is reduced to a purely economic act, a forex transaction: cash for kiloJoules. Texture’s extra, bub.

Not at all incidentally, “futures” is another word with two meanings: there are the futures of designers and writers and technologists, but then there are the futures in commodities and derivatives which are traded by HFT bots, their lightspeed speculative trades producing billions of tiny fragments of speculative profit; value without goods, signifier without signified. Marx called this “fictitious capital”. It’s a story we tell ourselves, loudly and repeatedly: a story about a world of infinite resources, a world with an infinite capacity to absorb all that we feel we have tired of, all of the dross and the waste… all of the risk.

It’s getting harder and harder to believe that story any more, despite its core fandom’s enthusiastic bankrolling of an ongoing series of ever more specious reinterpretations. Speculation births speculation. We are driven by the repercussions of financial speculation to speculate for ourselves, to dream of a different future to that offered by the neoliberal narrative.

Like all stories, it turned ugly when its tellers mistook it for truth.