Capital’s managers have defaulted to retromanic repetition rather than innovation
Evidence
What’s more, there has been no new thinking, no new strategic orientation from the managers of capital. Gorged on decades of easy pickings, capital’s meat puppets have let their master down this time. Their unspoken conviction is: if it is broke, it’s too much like hard work to fix it. They have defaulted to the managerialist equivalent of retromania: more cuts, more accumulation by dispossession, more asset stripping of public services. — Mark Fisher (edited by Darren Ambrose), K-Punk, 1970
Categorization
- XREF: Connects to retromania concept used elsewhere in Fisher and to critiques of institutions that recycle rather than innovate. — connects to: Capital abandons regions then re-exploits them via new investment — Grant Bollmer, Katherine Guinness, The Influencer Factory: A Marxist…, 285; Capital continually reinvents which color-coded group it demonizes — Hamid Dabashi, Brown Skin, White Masks, 185; New economic forms usually revert to established practices rather than fully institutionalizing — Shoshana Zuboff, The Age of Surveillance Capitalism, 145 (+3 more)
Broader Connections
- New economic forms usually revert to established practices rather than fully institutionalizing
#corroborates(0.78) — Shoshana Zuboff, The Age of Surveillance Capitalism, 145 - Capital continually reinvents which color-coded group it demonizes
#exemplifies(0.75) — Hamid Dabashi, Brown Skin, White Masks, 185 - Immediacy aestheticizes capital’s premiums on speed, flow, and self-actualization
#expands(0.74) — Anna Kornbluh, Immediacy, or The Style of Too Late…, 135 - Traditional conglomerates spent central bank money on share buybacks instead of investment
#exemplifies(0.73) — Yanis Varoufakis, Technofeudalism, 376 - Capital abandons regions then re-exploits them via new investment
#exemplifies(0.72) — Grant Bollmer, Katherine Guinness, The Influencer Factory, 285 - Economic control patterns persist regardless of capital ownership form
#expands(0.71) — Samuel Bowles and Herbert Gintis, Schooling in Capitalist America, 602