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Capital and ressentiment: The totalizing power of social fragmentation

Published online by Cambridge University Press:  09 November 2023

Joseph Vogl
Joseph Vogl*
Affiliation:
Humboldt University of Berlin, Germany/Princeton University, USA
*
Corresponding author: Joseph Vogl, Institute forGerman Literature, Humboldt University of Berlin, Unter den Linden 6, Berlin,Germany. Email: [email protected].
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Extract

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Joseph Vogl's new book, Capital and Ressentiment (2021/2022), traces an epistemic shift from knowledge to information driven by the convergence of financialization and the platform economy. As a variable that is determined less by semantic content than by difference to existing expectations, information invites indifference to other distinctions, such as those between fact and fiction, claim and proof. The circulation of information takes the form of opinion markets wherein the production of reality itself is at stake. In this extract, taken from the book's final chapter, “The cunning of ressentiment-driven reason”, Vogl analyses populist ressentiment as both structural affect of and vital resource for information capitalism, laying out the resulting reconfiguration of the social.

Type
Forum: Capital and ressentiment
Information
Finance and Society , Volume 7 , Issue 2 , 2021 , pp. 140 - 145
Creative Commons
Creative Common License - CCCreative Common License - BYCreative Common License - NCCreative Common License - ND
This is an Open Access article, distributed under the terms of the Creative Commons Attribution-NonCommercial-No Derivatives licence (http://creativecommons.org/licenses/by-nc-nd/4.0/), which permits noncommercial re-use, distribution, and reproduction in any medium, provided the original work is unaltered and is properly cited. The written permission of Cambridge University Press must be obtained for commercial re-use or in order to create a derivative work.
Copyright
© 2021 The Author(s)

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