By Eric Alliez
Time is cash, Benjamin Franklin as soon as stated, and in a hugely unique analyzing of eu philosophy, Éric Alliez indicates us how actual this adage is. A heritage of the philosophy of time, and a comparability of how of conceiving the temporal, this ebook is not anything lower than an try to resolve the theoretical frameworks that experience given time its form in Western civilization.
Capital occasions analyzes the social and political methods excited by conceptions of time in historical and medieval culture and units them within the context of up to date political and philosophical debates centering at the considered Kant and Marx. Witty and realized, Alliez’s bold paintings forces us to reevaluate the philosophical and old prestige of time in Western tradition.
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Extra resources for Capital Times: Tales From the Conquest of Time (Theory Out of Bounds, Volume 6)
And so time itself is "invested": there is no advance but in time, no payment due that is not temporal. Capitalization or the futuristic conquest of time... a chronothesis. So it goes with chrematistics: it is for Aristotle literally a question of time, the business of a time that creates simulacra, the fiction of a "nonwealth" at a remove from the polis, far from the equilibrium of property. It designates finally that depoliticizing (de-realizing) anticipation that can derive profit from exchange because it is inscribed above and before the monetary equivalence it develops, on the tangent of the space of comparison and on the curve of appropriation that it keeps inextricably enveloped.
For Aristotle, it expresses the movement making out of a simulacrum-measurement the means of its own proliferation. The simulacrum of measure, the number of the simulacrum, because, Berthoud adds, "the desire for money produces its measurements for pursuing its object," capitalization; "the increasing series is only the increase of a measurement without being the increase of any particular object" (emphasis in the original). Money is not the measure of a preexisting substance (ousia), true wealth, the wealth of the oikos, without exteriority or ornamentation, declined according to units of need.
31 Interest is the effect of a disproportion establishing inequality in terms of a caesura by which the permanence of money no longer coincides with the social presence of need, or with the immanence of an end with each act of exchange, but with the differance of a power (and not of a consuming) obliged to ignore the "concrete time" of presence in order to drain the surplus formed by each sequence of chrematistic exchange. By another pen we read: Whose Child do you harvest?... Who sets the Child backward upon the Beast of Time?...