2013-10-02

United Capitals of the Empire


Global capitalism functions according to the logic of "deterritorialization" and "reterritorialization" (Gilles Deleuze and Félix Guattari, Anti-Oedipus, 1972, and A Thousand Plateaus, 1980). The financial capital of the centers is already "deterritorialized" to be invested in the periphery, through major international institutions like the International Monetary Fund, the World Bank and the World Trade Organization, and according to standard global neoliberal mechanisms. This financial capital is "reterritorialized", not only in the material sense, in the form of productive capital, but also in the symbolic one. These two movements, rather than being consecutive in time, overlap in two planes, in the more visual sense of the term. Thus, the "deterritorialized" plane is the structural level that dominates exchanges, and, to a certain degree, production. But this plane, which is by essence abstract, normative, but also corrupt and violent in its effects, needs to be masked behind a symbolic plane, which provides a friendlier appearance and a false identity, in order to conceal the true forms of exploitation and extraction of capital characteristic of this capitalist neocolonialism.

Image [aw] after flags and coat of arms of the countries of the world and United Nations' data of Gross Domestic Product.