The Production of Indebted Subjects: Capitalism and Melancholia.

In the essay 'Postscript on the Societies of Control', Deleuze discusses the differences between nineteenth-century capitalism and contemporary capitalism, characterising the former as the spaces of enclosure and the latter as the open circuits of the bank. In contemporary capitalism, '[m]an is no l...

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Publicado en:Deleuze Studies Vol. 10; no. 3; pp. 336 - 352
Autor principal: Jeong, Boram
Formato: Artículo
Publicado: Edinburgh University Press Aug2016
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Acceso en línea:Ver este registro en EBSCOhost
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        atl: The Production of Indebted Subjects: Capitalism and Melancholia.
      aug:
        au: Jeong, Boram
      su:
        Capitalism
        Capitalist societies
        Mental depression
        Social systems
        Free enterprise
      sug:
        subj:
          Capitalism
          Capitalist societies
          Mental depression
          Social systems
          Free enterprise
      keyword:
        capitalism
        debt
        guilt
        melancholic subject
        time
      ab: In the essay 'Postscript on the Societies of Control', Deleuze discusses the differences between nineteenth-century capitalism and contemporary capitalism, characterising the former as the spaces of enclosure and the latter as the open circuits of the bank. In contemporary capitalism, '[m]an is no longer man enclosed, but man in debt' (Deleuze 1992: 6). Deleuze claims that under financial capitalism, where the primary use of money is self-generation, economic relations are thought in terms of an asymmetrical power relationship between debtor and creditor, rather than an exchange between commodities. Taking up Deleuze's claim, this paper analyses how time functions in the formation of subjectivity under financial capitalism, by focusing on the temporal structure of debt. The indebted are expected to bind themselves to the past, not only in the moment they make a promise to pay back, but from that moment onwards; in this process, a subject finds himself passively subjected to the temporality determined by the condition of indebtedness, and yet he also actively reproduces and imposes the fact of indebtedness on himself by the feeling of guilt. Guilt, arising from the irreversibility of what has been done and resulting in the inability to proceed into the future, is central both to the indebted and the melancholic. Thus a melancholic subject emerges: a subject conditioned by the dominance of the past and the impossibility of the future.
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