Capital both created and then liquidated the reality principle

Evidence

Capital was the first to play at deterrence, abstraction, disconnection, deterritorialization, etc., and if it is the one that fostered reality, the reality principle, it was also the first to liquidate it by exterminating all use value, all real equivalence of production and wealth, in the very sense we have of the unreality of the stakes and the omnipotence of manipulation. — Jean Baudrillard, Simulacra and Simulation, 83

Categorization

• XREF: Connects to Jameson’s late capitalism and the Marxist reading where capital’s logic of equivalence/abstraction underlies postmodern simulation — the exact Baudrillard-vs-Jameson contrast the reader is tracking. — connects to: Capital’s own logic of reification drives realism through modernism into postmodernism. — Fredric Jameson, Postmodernism, or, The Cultural Logic…, 256; Capital reabsorbed modernism’s cult of the new as commodity novelty — Theodor W. Adorno, The Culture Industry: Selected Essays…, 62; Money’s instability created postmodernity’s crisis of representation — David Harvey, The Condition of Postmodernity: An…, 1883 (+1 more)
• DEFINE: Establishes the core paradox: capital as origin of the real and of its destruction, crucial for the theory.

Broader Connections

• Capital’s own logic of reification drives realism through modernism into postmodernism. #expands (0.82) — Fredric Jameson, Postmodernism, or, The Cultural Logic…, 256
• Capital reabsorbed modernism’s cult of the new as commodity novelty #expands (0.75) — Theodor W. Adorno, The Culture Industry, 62
• Money’s instability created postmodernity’s crisis of representation #contradicts (0.72) — David Harvey, The Condition of Postmodernity, 1883