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In Speculation as a Mode of Production: Forms of Value Subjectivity in Art and Capital, Marina Vishmidt offers a new perspective on one of the main categories of capitalist life in the historical present. Writing not under the shadow but in the spirit of Adorno's negative dialectic, her work pursues speculation through its contested terrains of philosophy, finance, and art, to arrive at the most detailed analysis that we now possess of the role of speculation in the shaping of subjectivity by value relations. Featuring detailed critical discussions of recent tendencies in the artistic representation of labour, and a brilliant reconstruction of the philosophical concept of the speculative from its origins in German Romanticism, Speculation as a Mode of Production is an essential, widescreen theorisation of capital's drive to self-expansion, and an urgent corrective to the narrow and one-sided periodisations to which it is most commonly subjected.
Marina Vishmidt is a writer and editor. She teaches at Goldsmiths, University of London, and is the co-author of Reproducing Autonomy (with Kerstin Stakemeier) (Mute, 2016).
Table of Contents
Preface
Acknowledgements
Introduction: Speculation as a Mode of Production in Art and Capital
1 Introduction
2 Speculation as Method
3 How Does Art Speculate?
4 Is There a Speculative Mode of Production?
5 Chapter Outline
1 Speculation: The Subjectivity of Re-structuring and Re-structuring Subjectivity
1 Speculation in the Negative
2 Speculative Subjects
3 Fetishism and the Production of Subjectivity
4 Speculation or Real Subsumption
5 To Human is Capital
6 Human Capital and Art
7 Speculation and Abstract Labour: An Abstract
8 Self-Appreciation?
9 From Self to Species-Being
10 Value Equals Zero
2 Topologies of Speculation: The Tenses of Art, Labour and Finance
1 &'Counterproductive' and Abstract Labour
2 Autonomy in Generalised Speculation
3 Speculation and Contingency
4 What is an &'Absolute Contingency'?
5 Futures and the Future
6 Art as Counterproductive Labour
7 Invisible Labour
8 Visible Finance
9 Conclusion
3 Aesthetic Speculations and Antagonisms
1 Is Art Working?
2 Real Subsumption
3 Negative Composition
4 The Specialist of Non-Specialism
5 Negate Here
6 The Critique of the Power of Judgement and the Critique of the Powers of Art: Kantian Interlude
4 Whatever Indicator: Indeterminacy, Judgement, and Putting the Speculative to Work
1 Introduction
2 The Name of Art
3 To Be Done with the Judgement of Art
4 Counter-Artistic Production
5 Whatever Indicator
6 Reproductive Potentiality
7 Subhuman Capital
8 Artist Placement Group - Incidental Person, or Negation of the Artist?
9 Excursus on Use-Value
10 Artistic Communism - A Speculative Gesture
11 Art - Departure or Destination?
Conclusion: Whither Speculation?
1 One More Time If You Would Be Useless
2 Trajectories of the Generic
3 Prognostic Coda