Capitalist realism by mark fisher5/22/2023 ![]() ![]() ![]() This is a paradox, expressed in the somewhat desperate-sounding subtitle of Mark Fisher's book: on the one hand, the neoliberal faith in markets has been spectacularly discredited before the eyes of the world, together with the notion that obscene personal wealth - exemplified by banker's bonuses - is a sign of general economic health on the other hand, the only available response to such a monumental failure appears to be the most cautious, ameliorative regulation to get the old system up and running again.įisher defines "capitalist realism" as "a pervasive atmosphere, conditioning the production of culture, and the regulation of work and education", something which acts as an "invisible barrier constraining thought and action". Following the biggest financial collapse since the 1930s, the apparent relief that astronomical government bailouts have returned us to "business as usual" is surely proof that the expression "there is no alternative“ - once an extremist ideological battle cry - is now an accepted mainstream orthodoxy. ![]()
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