Realizing Capital by Anna Kornbluh

Realizing Capital by Anna Kornbluh

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Realizing Capital by Anna Kornbluh

During a tumultuous period when financial speculation began rapidly to outpace industrial production and consumption, Victorian financial journalists commonly explained the instability of finance by criticizing its inherent artifice—drawing persistent attention to what they called “fictitious capital.” In a shift that naturalized this artifice, this critique of fictitious capital virtually disappeared by the 1860s, replaced by notions of fickle investor psychology and mental equilibrium encapsulated in the fascinating metaphor of “psychic economy.” In close rhetorical readings of financial journalism, political economy, and the works of Dickens, Eliot, and Trollope, Kornbluh examines the psychological framing of economics, one of the nineteenth century’s most enduring legacies, reminding us that the current dominant paradigm for understanding financial crisis has a history of its own. She shows how novels illuminate this displacement and ironize ideological metaphors linking psychology and economics, thus demonstrating literature’s unique facility for evaluating ideas in process. Inheritors of this novelistic project, Marx and Freud each advance a critique of psychic economy that refuses to naturalize capitalism.
Anna Kornbluh is Associate Professor of English at the University of Illinois, Chicago. She coordinates InterCcECT, the Inter Chicago Circle for Experimental Critical Theory, and is a founding member of the V21 Collective (Victorian Studies for the Twenty-First Century).
SKU Unavailable
ISBN 13 9780823280384
ISBN 10 0823280381
Title Realizing Capital
Author Anna Kornbluh
Condition Unavailable
Binding Type Paperback
Publisher Fordham University Press
Year published 2018-04-03
Number of pages 232
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.