Saturday, July 29, 2017

Capital

I do use "capital" pretty loosely and often, but it might be worth clarifying a bit just what is meant by this concept.

More broadly, it can be viewed as the social form that tops the oldest layers of civilization, the finishing crown in which everything finally initiates its unraveling.

One is tempted to overemphasize the phenomenon of capital - as the Marxists invariably do - but one must remember what it ultimately grew out of, which implies all sorts of complex and nonlinear causal chains that are often loosely associated with capital, or are not associated with it at all. Importantly, there was a climate and a movement that allowed capital to express its various forces and develop into a systematic social system which now covers the earth.

Pointing to capital is loose and easy and often works for certain illustrations, but I must remind myself especially to not obsess over it to the detriment of other forces and matter.