THE DERIVATIVE CONDITION.

The derivative condition explores the nature of the Contemporary understood through its respective relationship with Modern and Post-Modern Art to grasp how the distinguishing feature of our era becomes characterized as an infinite reproduction of contingency and risk that intimately mirrors the log...

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Bibliographic Details
Published in:Litteraria Pragensia: Studies in Literature & Culture Vol. 29; no. 58; pp. 118 - 126
Main Author: Breitling, Dustin
Format: Article
Published: Charles University Prague, Faculty of Arts 2019
Online Access:View this record in EBSCOhost
Description
Summary:The derivative condition explores the nature of the Contemporary understood through its respective relationship with Modern and Post-Modern Art to grasp how the distinguishing feature of our era becomes characterized as an infinite reproduction of contingency and risk that intimately mirrors the logic of financial capitalism. Undertaking a survey into the financial instruments of derivatives as vehicles for temporally mining the future and formalizing a globalized risk-economy, subjectivity also becomes another site transformed through their interpenetration into everyday life. Yet, through the emergence of blockchain technologies, it is evaluated here how their employment becomes a possible antidote to counter the corrosive effects of finance and to possibly seed alternative social-binding organizations and temporalities.