OwA's Chris Cobb is the Illustration for a Great Essay by Brian Holmes
Chris Cobb for Fake Fox News
Profanity and the Financial Markets
A User’s Guide to Closing the Casino
[Excerpt]:
These are tremendous changes with respect to Keynesian Fordism. But one could go further and show how the cybernetic calculus of finance operates as a coordinating rationality for just-in-time production, distribution and sales. When the G-20 finance ministers strive to forestall a transnational credit crunch, it is this just-in-time system that they are serving. The rhythms of finance have come to govern the entire circulation system of the world economy.16 However, if we want to understand how the social relations of the trading floor have spilled over to reshape contemporary culture – through a “functional overdetermination” of the financial apparatus – then we will have to turn back to the micro level, and look more closely at what actually happens inside the casino.
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