Archives for posts with tag: economy

“The gigantic financial crisis sending tremors all over the world is the disastrous result of the hegemony of the short term of which the destruction of attention is at once effect and cause.  The loss of attention is a loss of capacities of projection into the long term (that is, of investment in objects of desire) which systemically effects the psychic apparatuses of consumers manipulated by psychopower as well as the manipulators themselves: the speculator is typically the person who pay no attention to the objects of his speculation, and who takes no care of them either.”

– Bernard Stiegler, Within the limits of capitalism, economizing means taking care
 

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“The future of Europe and the world must be thought from the question of the psycho-power characteristic of control societies, and whose effects have become massive and destructive.  Psycho-power is the systematic organisation of the capture of attentioni made possible by the psycho-technologies that have developed with the radio (1920), with television (1950) and with digital technologies (1990), spreading all over the planet through various forms of networks, and resulting in a constant industrial canalization of attention which has provoked recently a massive phenomenon of the destruction of this attention that American nosologists call attention deficit disorder.  This destruction of attention is a particular case, and especially serious one, of the destruction of libidinal energy whereby the capitalist libidinal economy self-destructs.”

– Bernard Stiegler, Within the limits of capitalism, economizing means taking care

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