Emergency Capitalism

by Fabio Vighi

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Description

Fabio Vighi's "Emergency Capitalism" begins with this observation: The age of crisis capitalism is characterized by two major socioeconomic trends: 1) the addiction to credit creation, whose main purpose is to inflate and prop up the financial markets; 2) the controlled demolition of the real economy and the modern model of society organized around wage labor. From there, Vighi shows that the last half-decade of capitalist politics has been shaped by efforts to prolong the emergency paradigm. Th