Capital Is Dead | McKenzie Wark in conversation with Verso Books

In this interview, McKenzie Wark explains the ideas and theories behind her book Capital Is Dead: Is This Something Worse? www.versobooks.com/products/8...
In this radical and visionary new book, McKenzie Wark argues that information has empowered a new kind of ruling class. Through the ownership and control of information, this emergent class dominates not only labour but capital as traditionally understood as well. And it’s not just tech companies like Amazon and Google. Even Walmart and Nike can now dominate the entire production chain through the ownership of not much more than brands, patents, copyrights, and logistical systems.
While techno-utopian apologists still celebrate these innovations as an improvement on capitalism, for workers-and the planet-it’s worse. The new ruling class uses the powers of information to route around any obstacle labor and social movements put up. So how do we find a way out? Capital Is Dead offers not only the theoretical tools to analyze this new world, but ways to change it. Drawing on the writings of a surprising range of classic and contemporary theorists, Wark offers an illuminating overview of the contemporary condition and the emerging class forces that control-and contest-it.
Capital Is Dead: Is This Something Worse? is out now www.versobooks.com/products/8...

Пікірлер: 19

  • @onesecbeforetheend
    @onesecbeforetheend3 жыл бұрын

    I am very glad Wark returned to the hacker/vectoralist terminology. I always thought it was ahead of its time, but now it's more relevant than ever. Also, I am glad she clearly admits that old and new class divisions are "nested" into each other, thus proving Wark not being a techno-determinist. I still have no clue what's going on in the mind of those 21 dislikers.

  • @grizcuz
    @grizcuz3 жыл бұрын

    Isn't this a peculiarly first world reading of modern economics? Europe and the US may not be selling their labour so that something material is produced. But someone, somewhere is and those that are marketing and selling it are still totally dependent on that labour.

  • @astonemachine

    @astonemachine

    3 жыл бұрын

    see 6:12 friendo

  • @grizcuz

    @grizcuz

    3 жыл бұрын

    @@astonemachine Ah, I should've been paying more attention, thanks.

  • @Imladris-lm3bo

    @Imladris-lm3bo

    3 жыл бұрын

    @@grizcuz in the book she says that this new mode of production is only embryonic and possibly coexisting with/inside/on top of traditional capitalism.

  • @charli212
    @charli212 Жыл бұрын

    I’m guessing that the book’s title wants to be sensationalist for the sake of sales. But, I am wondering if the author chose that title intentionally or rather it was the editor? And I’m leaning for the latter, because of the sale factor. And I come to this conclusion, because Ms Wark is not denying the existence of Capital, but rather trying to identify its new configurations (as in the commodification of information)

  • @geez0man
    @geez0man3 жыл бұрын

    I'm interested in how Wark recommends a movement would "seduce" the hacker class into doing the things with information that you want them to. Like would you "seduce" them into joining a union, or into using the data they create for the good of the rest of the hacker and working classes? I would guess most of these people would be fired if they did anything like that, and what would this movement offer them that means more than a salary and a comfortable life? Does this start with unions of office workers bargaining for the right to freely use the info they create?

  • @charli212
    @charli212 Жыл бұрын

    16:34 That’s an error of analysis. In fact, the proletarisation of workers is in all time high. There’s never been more salaried ppl that in the current era. So yes, there are mainly two classes of ppl, those who control the means of production (or knowledge as Ms Wark like to focused on) and thise who don’t own them and sell their labour time. The fact that there are different salary brackets within the salaried working population doesn’t vanish the fact that they are receiving money for their capacity of labour and measured in time.

  • @luciusmellow
    @luciusmellow3 жыл бұрын

    Absolutely amazing how she presents the vector as the 1% More amazing yet, only about 400 hundred people had seen it and only two comments...

  • @szolanek

    @szolanek

    3 жыл бұрын

    They don't want to be cancelled

  • @TheRikka21

    @TheRikka21

    2 жыл бұрын

    @@szolanek cancelled for saying what

  • @dudebroman44
    @dudebroman44 Жыл бұрын

    Really great extension of Marxism to the 21st theory. Incredible work!

  • @szolanek
    @szolanek3 жыл бұрын

    What was the question?

  • @justanotherguy1794

    @justanotherguy1794

    2 жыл бұрын

    haa!

  • @charli212
    @charli212 Жыл бұрын

    1:48 if you produce information then you are a worker, if you own the means of transmitting that information, you sell it and benefit from it then you are a capitalists. There’s no vectorial class apart from the owners of those outlets. You may create information, but if you sell it through youtube, then youtube is the owner of the means if production and its benefitting from it under the laws of capitalism and you own nothing.