Journal Articles
MODERNITY AND COMMENSURATION: A reading of a contemporary (economic) crisis
This piece considers the financial crisis of 2008 through the lens of the derivative, by locating both the derivative and the crisis in the broader context of post-war US conjuncture. Drawing upon the work of Marx, Postone and von Mises, I argue that the derivative can be seen as a response to the collapse of any viable logic of commensuration. Its failure has to be understood, again, in the context of broader conjunctural struggles, constituted in part by a dispersed set of crises of commensuration. In this way, I hope to offer a revised theory of conjunctural analysis as well as the beginnings of a concrete conjunctural study of post-war US society, and to begin to think about how cultural studies might 'articulate' the economic.
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