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A batch of the best highlights from what J's read, .
Capitalisation is the extraction of value without direct involvement in its production, but instead by making a claim on its future benefits. The production of fictitious capital is a ghostly process of accumulation that, as Marx put it, transforms value into a “mere phantom of the mind”.
The Ghostchain. (Or taking things for what they are)
paletten.net
Joselit writes that “Duchamp used the category of art to liberate materiality from commodifiable form; **the NFT deploys the category of art to extract private property from freely available information.”**
The Ghostchain. (Or taking things for what they are)
paletten.net
It uses vast amounts of historical evidence merely to find proof of the validity of preselected and never-questioned analytical models marshaled under rubrics such as managerial capitalism.
Capitalism’s New Clothes
The Baffler
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