Tuesday, August 24, 2010

On capitalism and Kierkegaard - Michael Foley

One of capitalism's greatest strengths has been its ability to co-opt everyone into its project by encouraging them to become property owners, shareholders and entrepreneurs. And to its promise that anyone can be a millionaire has recently been added the promise that anyone can be a celebrity. Its other great strength is the ability to neutralize dissent by absorbing it...Kierkegaard argued that the self needs a balance of necessity and possibility - it will suffocate in too much necessity but vaporize in too much possibility. Throughout history, crushing necessity has been the usual problem, but the contemporary self is being driven mad by infinite possibility. Rejection of necessity is the contemporary sickness.

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