April 26, 2022
Jon Beller on decolonization of money. In a present built out of the capture of nearly all revolutionary expression by a computational media system, this capture and consequent foreclosure of revolutionary becoming is a central feature of computational racial capitalism. Aspiration and indeed the struggle for survival becomes a means of production. Thus it becomes necessary to intervene in the mediations of capital in order to progressively intervene in the relations of production. These mediations, coordinated and algorithmically concatenated, are monetary and semiotic as well as practical.
April 26, 2022
Jon edited a special issue of La Furia Humana. This is his intro to the issue.
“Economic media,” then, implies the extension of “communication” and “value” on the same substrate. As noted, economic media already exist and currently function in accord with the protocols of racial capitalism. Meaning and value flow together, but users at best control their utterances and not their economics. Communication and value are in quotation marks above because the idea of economic media begins to blur the distinction between meaning(s) and value(s). Indeed we start to see that expression is itself value transmission/creation and exchange value is itself communication/messaging, and that the common denominator here is information. Indeed, information could (correctly) be grasped as a development of the money-form, as it allows and indeed emerges from the requirements of capitalized managerial infrastructure and its inexorable demand for returns.
March 23, 2021
Prof. Jon Beller in Coindesk. What are NFTs doing to our financial imagination? Are they making us use the cryptomedia to do the same old things, with the same old hierarchies? Do they threaten to make all art the art of making money? Are they just redeploying the cult values of the art world and enhancing the aura of the unique work of art? Are we missing a historic opportunity to use cryptomedia to express our economic-organizational composition differently both aesthetically and materially?