DJ Freddy J Spins the Phat Trax

Brad DeLong delong at econ.Berkeley.EDU
Tue Jul 3 09:57:13 PDT 2001



>On Mon, 2 Jul 2001, Brad DeLong wrote:
>
>> I don't understand in what sense "postmodernism is the cultural logic
>> of multinational capitalism."
>
>Postmodernism is the lit-crit term for "multinational consumerism", which
>includes everything from Web aesthetics to videogames, superstores to
>cellphones -- the characteristic styles, fashions and forms of this
>consumerism.
>
>> And I also do not understand how
>> "globalization"--which started in a serious way with the steamship
>> and the telegraph--is merely one face of "postmodernity."
>
>He said the latest face. I shortened the summary, but Fred spent a lot of
>time rebutting the argument that there's nothing new under the sun,
>pointing out that this is exactly what folks said in the 19th century when
>national capitalism was emerging, and that the argument didn't hold water
>then, either -- the rule of the pound sterling was very different from
>that of Queen Elizabeth. The issue is, how do you diagnose a mode
>of production, to figure out how it works, and how it might be changed,
>and there's no question but that multinational capitalism is a whole new
>beast, with very different social structures and cultural sensibilities
>than its monopoly-national predescessors.
>
>-- Dennis

Thanks... Enlightenment begins to dawn... Or are we not supposed to privilege "light" over "darkness" any more?

Brad DeLong



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