Capital is both a tool and a coercive force over others

Evidence

A social relation that affords capital’s owners extractive power over non-owners – besides its physical presence and function, capital provides its owners with the social power necessary to extract surplus value (see 1.4 below) from workers who do not own capital. — Yanis Varoufakis, Technofeudalism, 792 (#expands, via linked claim)

Marx differentiated formal subsumption and “real subsumption,” in which various social relations emerge from capital itself. The movement from formal to real, from incorporation to invention—this is how we should understand influencer culture. … Everything, rather than appearing as labor—the ultimate source of value—appears as capital, as something to exchange, as a material good to be owned, bought, and sold. — Grant Bollmer, Katherine Guinness, The Influencer Factory, 104 (#expands, via linked claim)

However, capital and capitalism are not reducible to an order of reason. While Foucault is surely correct that “in the last analysis, we must produce truth as we must produce wealth, indeed we must produce truth in order to produce wealth in the first place,” neither the imperatives nor the effects of capital can be wholly ascribed to capitalism as a regime of truth. — Wendy Brown, Undoing the Demos, 151 (#expands, via linked claim)

Categorization

• corroborated: 2 independent passages support this claim
• XREF: connects to: Capital is a social relation conferring extractive power, not just machinery — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 792; Capital’s systemic imperatives cannot be reduced to economic rationality alone — Wendy Brown, Undoing the Demos: Neoliberalism’s…, 151; Real subsumption makes social relations emerge from capital itself — Grant Bollmer, Katherine Guinness, The Influencer Factory: A Marxist…, 104 (+4 more)

Related

• Capital is a social relation conferring extractive power, not just machinery (similarity 0.89)
• Capital is both a commodity and a coercive social force. (similarity 0.88)
• Capital means owning means of production and hiring wage workers, not mere wealth (similarity 0.82)
• Real subsumption makes social relations emerge from capital itself (similarity 0.80)
• Capital is produced means of production, not just money or weapons (similarity 0.80)
• Capital’s subsumption will not collapse on its own through internal contradictions. (similarity 0.80)
• Capital’s systemic imperatives cannot be reduced to economic rationality alone (similarity 0.80)
• Ownership asymmetry forces non-owners to sell labour and yield surplus value (similarity 0.80)
• Capitalism’s total subsumption paradoxically requires unsublated exteriors to exploit (similarity 0.80)
• Abstracting value from life processes enables new commodified social relations (similarity 0.79)
• Capital operates as a collective dream sustained by our own desires and energy (similarity 0.78)

Broader Connections

• Capital is a social relation conferring extractive power, not just machinery #expands (0.92) — Yanis Varoufakis, Technofeudalism, 792
• Real subsumption makes social relations emerge from capital itself #expands (0.75) — Grant Bollmer, Katherine Guinness, The Influencer Factory, 104
• Capital’s systemic imperatives cannot be reduced to economic rationality alone #expands (0.72) — Wendy Brown, Undoing the Demos, 151