The great wheel of circulation is altogether
different from the goods which are circulated by means of it. The revenue of
the society consists altogether in those goods, and not in the wheel which
circulates them. – Adam Smith
Georg Simmel, in the Philosophy of Money, is very clear about the structure of the modern history of capitalism – it is about the lengthening of the means – the lengthening of the instrumental interval – to ends. Marx, as well, pointed out again and again – that capitalism becomes a global second nature that conceals the system of production under the great wheel of circulation. But this lengthening of means leads to a shortening of time – this is the Alice in Wonderland paradox for all of us, living on the other side of the mirror. For Shylock and Bassanio, a bet on cargo would take months to come to some end – but for Sam Bankman Fried, billions of dollars attached to pseudo currency can be bet and lost in the course of a week, dissolving the meteoric rise of a financial adventurer, felled by a cursor and a tweet.
The sugar I put in my coffee today came Saint
Louis, a company that refines and distributes sugar derived from beets
cultivated in Europe, while the coffee came from Peru. Both were purchased at
the U down the street. The logistical
network by which both products could be refined, packaged, trucked to stores
and finally end up consumed on my table is only intermittently visible to
anyone – it is visible in the truck that unloads the packages and the store
clerks who stock it – it is visible to the rural proles who harvest the beans,
picturesquely dressed in colorful and characteristic clothing and smiling
(according to the image on the package) (although in reality probably wearing
tee shirts that say Harvard or Hard Rock Café or something similar and blue
jeans, part of the vast dump of tee shirts throughout the undeveloped
economies), and visible as digits displayed on a screen to accountants at the
company and stock market traders. All of which means that as Simmel’s
teleological series are lengthening, they are also producing the appearance of
temporal shortening – they are faster. The faster they are, the more they are
lengthened – this is one of the paradoxes of capitalism.
It is a paradox that, as well, impinges on
the novelistic representation of what Polanyi called the Great Transformation, from in-kind to
monetized economies, with their proliferation of fictive properties. Lukacs, in
the Theory of the Novel, speaks a little mysteriously of the various regimes of
“distance” between the hero and the meaning of life in the epic, the tragedy,
and the novel. This distance is, I think, an expression of the teleological
chains that Simmel saw on the surface of life in a fully monetized society. For
the epic and the tragic hero, the quest is to understand the sense of life in
the face of fate – the world here consists of large, or one might say, royal
contingencies. But for the novelistic hero, fate doesn’t have the same
totalizing meaning – it has, instead, a dispersing meaning.
“For life, gravity means: the absence of
any present sense, the indissoluble enclosure in senseless causal connections,
the withering in fruitless nearness to earth and farness from heaven, the
having to endure in not being able to liberate oneself from the irons of simple
brutal materiality from that which for the best immanent forces of life is the
continual goal of overcoming: expressed with the value concept of form –
triviality.”
Baudelaire said that Balzac’s novels are
distinguished from the usual novel of moeurs by the fact that Balzac’s delight
in the massive triviality of material circumstances transforms them into signs
and symbols of genius: “All his personages are endowed with a vital ardor by
which he is himself animated. All his fictions are as profoundly colored as
dreams. From the summit of the aristocracy to the plebes at the bottom, all the
actors of his Comedy are more eager for life, more active and clever in struggle,
more angelic in devotion, than the comedy of the real world shows them to us.
In brief, each, with Balzac, even the doormen, have genius.”
Baudelaire is a very surefooted critic.
Wilde obviously copies Baudelaire here in his famous essay on the Decay of
Lying, and Wilde was as cunning as a jewel thief when it came to copping the
shiny bits of his predecessors. But though I am sure that Baudelaire is correct
about the excess in Balzac, I am not sure that this excess did not flow back
into life – or rather, I am not sure that Balzac was not simply being
prophetic. Proust thought so – thought that the aristocracy absorbed Balzac’s
aristocrats into the norms of their own behavior. The transmission, here, was
obviously through a literacy and taste that one might not suppose in the
doormen. But could it be… could it be that the burden of trivia itself imposed
a struggle upon them such that the result, under the Great Transformation, in
the midst of teleological chains that were both lengthening and shortening – in
an Alice in Wonderland world – was that genius became a job requirement of the
doormen of Paris, London or New York? In comparison to the Sganarelles and
Figaros of the old order, at least.
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