Stiegler’s Libido Economy, or Capitalism’s Technical Mutation. Thought of the Day 11.0

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Bernard Stiegler argues that our politics should aim at rendering capitalism the cure of our ills. He advocates restructuring/reconstructing a libido economy. This project does not require an exploited social class to oppose an antagonistic other, for in so far as our present crisis derives from the collapse of faith, meaning and trust, it is in effect the crisis of the spirit. Consequently, the weighty task to responding to our present predicament falls first on society’s intellectuals, as by critically appealing to existing political structures and by employing the so-called creative industries to restore faith in society and community, thereby rendering capitalist technical mutations a viable possibility.

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