Hype: The Capitalist Degree of Induced Participation

Artikel

* Winner of the 2022 RECASP Second Essay Prize * Power is usually considered as either a ‘positive’ or ‘negative’ construct, as in the power to force action versus the power to forbid it. This paper explores a hybridized approach to power based on the idea of ‘induced participation’. Building on Bichler and Nitzan’s theory of ‘capital as power’, I argue that capitalism reinforces its hold on society through the strategic use of ‘hype’. The idea is that capitalists counteract resistance by boosting confidence in the promise of reward, a process that can be better understood using the concept of hype.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: Review of Capital as Power ; Volume: 2 ; Year: 2022 ; Issue: 2 ; Pages: 1-16 ; s.l.: Forum on Capital As Power - Toward a New Cosmology of Capitalism

Classification and Topics

• Classification: Wirtschaft ; Capitalist Systems: Political Economy ; Socialist Systems and Transitional Economies: Political Economy; Property Rights
• Subject: capital as power ; chreods ; epochal changes ; finance ; hype ; reward ; social paradigm

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Di Liberto, Yuri
• Event: Veröffentlichung
• (who): Forum on Capital As Power - Toward a New Cosmology of Capitalism
• (where): s.l.
• (when): 2022

Further information

• Handle: http://hdl.handle.net/10419/253264
• Last update: 10.03.2025, 11:45 AM CET