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Affective Capitalism

For a Critique of the Political Economy of Affect

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  • © 2023

Overview

  • Investigates the affective turn of contemporary capitalism
  • Argues that affect also holds a potential for dismantling today’s real subsumption of life by capital
  • Explains affective capitalism that transforms the population’s everyday bodily experiences into quantitative metrics
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  • 1 Citation

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About this book

Drawing on Tarde's and Deleuze’s monadology, this book investigates the affective turn of contemporary capitalism. The concept of affect provides critical insight to overcome the limitations of social constructivism and cognitive capitalism. Affective capitalism transforms the population’s everyday bodily experiences into quantitative metrics that can be observed, measured, and processed on a non-conscious register, turning them into dividuals prepared to react and be affected by specific information at a given moment. In an era where social wealth increasingly relies on the 'social factory,' algorithms and big data constitute the living labor beyond employment. This book argues that affect also holds a potential for dismantling today’s real subsumption of life by capital. The network effect, mostly actualized as a company's market capitalization, is constantly traversed by the molecular becoming of affect, leading to new assemblages, such as free software movement, decentralized platforms, peer-to-peer networking, blockchain, and universal basic income.

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Keywords

Table of contents (10 chapters)

Authors and Affiliations

  • Chungbuk National University, Cheongju, Korea (Republic of)

    Hangwoo Lee

About the author

Hangwoo Lee is a Professor of Sociology at Chungbuk National University, South Korea. He is the author of Affective Capitalism and The Compensation for Free Labor (in Korean, 2017, Hanul Academy), The Conservative's Excess of Ideology, The Progressive's Paucity of Politics (in Korean, 2016, CBNU Press), and Sociology of Clicks (in Korean, 2013, Imagine).

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Bibliographic Information

  • Book Title: Affective Capitalism

  • Book Subtitle: For a Critique of the Political Economy of Affect

  • Authors: Hangwoo Lee

  • DOI: https://doi.org/10.1007/978-981-99-8174-8

  • Publisher: Palgrave Macmillan Singapore

  • eBook Packages: Economics and Finance, Economics and Finance (R0)

  • Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd. 2023

  • Hardcover ISBN: 978-981-99-8173-1Published: 27 December 2023

  • Softcover ISBN: 978-981-99-8176-2Published: 28 December 2024

  • eBook ISBN: 978-981-99-8174-8Published: 26 December 2023

  • Edition Number: 1

  • Number of Pages: XVII, 271

  • Number of Illustrations: 1 b/w illustrations, 6 illustrations in colour

  • Topics: Political Economy/Economic Systems, Organizational Studies, Economic Sociology, Emotion

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