CONSUMPTION IN COGNITIVE CAPITALISM: COMMODITY RIOTS AND THE DICTATORSHIP OF THE PROLETARIAT OF CONSUMPTION Cover Image
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CONSUMPTION IN COGNITIVE CAPITALISM: COMMODITY RIOTS AND THE DICTATORSHIP OF THE PROLETARIAT OF CONSUMPTION
CONSUMPTION IN COGNITIVE CAPITALISM: COMMODITY RIOTS AND THE DICTATORSHIP OF THE PROLETARIAT OF CONSUMPTION

Author(s): GEORGE TSOGAS
Subject(s): Marxist economics, Marxism, Economic policy, Sociology of the arts, business, education
Published by: Addleton Academic Publishers
Keywords: cognitive capitalism; consumption; autonomist Marxism; London riots; commodity-form

Summary/Abstract: We challenge the prevalent opinion that consumption does not seem to matter as much as production and defy the fetishism of industrial work. We explore the implications of the premise that under conditions of cognitive capitalism consumption dictates what production does, when and how. We explain that in a post-industrial global society and economy fashion, branding, instant gratification of desires, and ephemeral consumer tastes govern production and consumption. The London (commodity) riots of August 2011 send us a warning that consumption and cognitive capitalism are asphyxiating in the structures and norms of industrial capitalism that are still in place.

  • Issue Year: 1/2013
  • Issue No: 04
  • Page Range: 98-105
  • Page Count: 8
  • Language: English