10 December 1993

The diremption between finance and economics

The capitalist ruling class looks at the world from a perspective of dollars and cents, whereas the real world runs according to a different logic.  While they run around trying to calculate how much everything is worth, the real values of thing slip through their fingers.  This is not just in a subjective, say, “artistic” or “moral,” sense, but rather it is the case that the diremption is at the same time objectifying itself as the apparent contradiction between a prospering financial system and a receding economy.

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