By Jonathan Crary
24/7: overdue Capitalism and the Ends of Sleep explores the various ruinous outcomes of the increasing continuous tactics of twenty-first-century capitalism. now operates via each hour of the clock, pushing us into consistent job and eroding varieties of group and political expression, harmful the material of daily life.
Jonathan Crary examines how this interminable non-time blurs any separation among an intensified, ubiquitous consumerism and rising options of regulate and surveillance. He describes the continued administration of person attentiveness and the impairment of notion in the obligatory workouts of latest technological tradition. whilst, he exhibits that human sleep, as a restorative withdrawal that's intrinsically incompatible with 24/7 capitalism, issues to different extra ambitious and collective refusals of world-destroying styles of progress and accumulation.
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Extra resources for 24/7: Late Capitalism and the Ends of Sleep
Property is formally partitioned into rights represented by share titles, thus permitting the promotion of financial groups that articulate different corporations more or less cohesively and involve distinct activities in the process of capital reproduction, whether in the banking, industrial, or commercial sphere. In these financial groups, articulated as they are through the bond of mere capital ownership, 22 power relations are expressed in different hierarchies among individual capitalists and allied subgroups of capitalists.
The intersection of these two connections never takes on the character of a synthesis in which the relative autonomy of interest-bearing capital--as interpreted in the restricted sense given to it by Hilferding--may reverse the terms of the relationship with productive capital and where banking capital may come to dominate industrial capital, thus originating a new phase of financial or monopolistic capitalism. Even in the most developed instances of the credit system, where capital has adopted the form of corporations, the process of production and distribution of the surplus value continues to give relevance to the functional and institutional differentiation between industrial capital and interest-bearing capital.
The latter's social property, much as they are their social products. However, this expropriation appears within the capitalist system in a contradictory form, as appropriation of social property by a few. . There is antagonism against the old form in the stock companies, in which social means of production appear as property; but the conversion to the form -67- of stock remains ensnared in the trammels of capitalism; hence, instead of overcoming the antithesis between the character of wealth as social and as wealth, the stock companies merely develop it in a new form.