Capital is Dead: Is This Something Worse?

Hardcover, 208 pages

Published July 10, 2019 by Verso.

ISBN:
978-1-78873-530-8
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5 stars (5 reviews)

It’s not capitalism, it’s not neoliberalism—what if it’s something worse?

In this radical and visionary new book, McKenzie Wark argues that the all-pervasive presence of data in our networked society has given rise to a new mode of production, one not ruled over by capitalists and their factories but by those who own and control the flow of information. Yet, if this is not capitalism anymore, could it be something worse? What if the world we’re living in is more dystopian than the techno utopias of the Silicon Valley imagination? And, if this is the case, how do we find a way out? Capital Is Dead offers not only the theoretical tools to analyse this new world of information, but the ones to change it, too.

Drawing on the writings of the Situationists and a range of contemporary theorists, Wark offers a vast panorama of the contemporary condition and the …

2 editions

A new class antagonism: Vectoralist Class vs. Hacker Class

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This book dares to ask whether we've moved beyond capital (and capitalism) into something else. It spends a good bit of time defending its approach. Those portions of the book seem to be mostly for Marxist theorists who are resistant to thinking about whether what we are now experience is capitalism with a new modifier (disaster-, etc.). But if you are just interested in the experiment that Wark is engaging in, there's plenty for you here.

She argues that the new class antagonism is between the hacker class (those tasked with creating new information) and the vectoralist class (those with the power to operationalize that information). There's a fundamental asymmetry, thus the antagonism. The hacker class receives "free" things (set up a social network) and exchanges information for those things. If the hacker class attempts to get the 10,000-foot view that the Vectoralists get, they will almost always fail.

This …

A chapter-by-chapter summary of Capital is dead

5 stars

Content warning capital is dead

Review of 'Capital is Dead: Is This Something Worse?' on 'Storygraph'

5 stars

Among the most influential pieces of theory I have read in a very long time. Wark bluntly challenges the established forms by which we address the upper class, arguing that in order to imagine and work towards a better future we must first discard the old forms of conceptualizing it. I would hesitate to call it inspiring (existential terror remains such even with the language to know it), but Wark's ability to blend technical, theoretical, and cultural forces into a unified theory has the effect of finally emerging from a deep sleep.

The last few chapters get a bit in the weeds dismissing Marxist theorists directly, serving as a preemptive defense against their arguments but moving away from the tangible rhetoric of the earlier chapters. It makes the book somewhat less accessible as a whole, but is a minor blemish on what is still a very readable academic text. Essential …

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