Capitalism’s material system is interwoven with cultural reproduction
Evidence
To clarify, such an approach by no means assumes that capitalism is merely a cultural set of relationships; it is a material system, based on the exploitation of labour, the materialization of that labour in commodities, and the circulation of those commodities through their abstraction into price. But it is to say that, in addition to the analysis of this process, we must also see the production, distribution and use of commodities as a set of relationships always in the process of reproduction, and backed by relations of reproduction, and that these, in turn, flow through and change the fabric of meaning, identity, power relations, institutions and ideas. — Max Haiven, Cultures of Financialization, 122
Categorization
- XREF: This anti-reductionist stance — material base plus cultural flows — is precisely the bridge to deWaard’s cultural argument about financialization. — connects to: Music’s post-French-Revolution evolution is capitalism working within the musical material itself — Fredric Jameson, Marxism and Form, 754; Vienna’s aesthetic formalism and logical positivism derived from its material-economic lag behind high capitalism. — Fredric Jameson, Marxism and Form, 39; Autonomous cultural spheres internally duplicate the social and economic macrocosm’s structures — Fredric Jameson, Marxism and Form, 51 (+24 more)
Broader Connections
- Capitalism reproduces itself by drawing civil and cultural life into conformity with its needs
#corroborates(0.90) - Material and social reproduction occur simultaneously and inseparably
#corroborates(0.90) - Capitalism functions by redirecting social reproduction toward its own ends
#corroborates(0.85) — Max Haiven, Cultures of Financialization, 347 - Culture is not superstructural but is where financialized capitalism subjugates social values
#expands(0.85) — Max Haiven, Cultures of Financialization, 563 - Capitalism and materialism shape a society’s entire worldview and value system
#corroborates(0.85) - Capitalist circulation velocity drives cultural immediacy as an aesthetic style
#expands(0.80) — Anna Kornbluh, Immediacy, or The Style of Too Late…, 50 - In late capitalism the economic base generates its cultural superstructures directly
#corroborates(0.80) — Fredric Jameson, Postmodernism, or, The Cultural Logic…, 32 - Immediacy as cultural style derives from space-time compression in capitalism.
#expands(0.75) — Anna Kornbluh, Immediacy, or The Style of Too Late…, 60 - The divide between representation and material reality is itself a constructed effect of capitalism
#expands(0.75) — Timothy Mitchell, Colonising Egypt, 94 - Capitalism’s reproduction requires family, education, and media apparatuses
#corroborates(0.75) - Transforming capitalist society requires understanding its opaque base and superstructures
#responds-to(0.70)