"Capital is a matter of labour and money (in the form of a wage or profit) only from the anthropocentric perspective. What is crucial from the perspective of capital, however, is the logic of competition that determines infinite technological innovation... Accumulation of profit and organised, disciplined human activity (labour) are not central or determining characteristics of capitalism, but social practices that capital initially stumbled upon and began to use them in its own way... However, we might be entering an era where money and finance as well as human labour and intellect are becoming, from the point of view of capital, increasingly cumbersome, inert and obsolete and thereby redundant, a time where technologies of design, production and multiplication of technological innovation are immanent to capital itself (and are not borrowed from humanity). ... capital has no need for humans in the fullness of their humanity, only their flexibility (i.e. practical abstraction, not being limited to this or that concrete activity and the potential to perform any activity) and intelligence (the ability of abstract cognition, memory, learning and symbolic communication)... the biggest limitation of human labour power from capital’s perspective is the inability to accelerate and guide its own biological evolution... excruciatingly slow in comparison with technological evolution."
Accelerationism

January 1, 1970

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Original Language: English