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1: The End of Production, by Jean Baudrillard in Symbolic Exchange and Death. [by] Jean Baudrillard. (Sage, London, England, 1993). pp [6]-49. [Bibliographic Details] [View Documents]



[p. [6]]

1: The End of Production

The Structural Revolution of Value

Saussure located two dimensions to the exchange of terms of the langue, which he assimilated to money. A given coin must be exchangeable against a real good of some value, while on the other hand it must be possible to relate it to all the other terms in the monetary system. More and more, Saussure reserves the term value for this second aspect of the system: every term can be related to every other, their relativity, internal to the system and constituted by binary oppositions. This definition is opposed to the other possible definition of value: the relation of every term to what it designates, of each signifier to its signified, like the relation of every coin with what it can be exchanged against. The first aspect corresponds to the structural dimension of language, the second to its functional dimension. Each dimension is separate but linked, which is to say that they mesh and cohere. This coherence is characteristic of the `classical' configuration of the linguistic sign, under the rule of the commodity law of value, where designation always appears as the finality of the structural operation of the langue. The parallel between this `classical' stage of signification and the mechanics of value in material production is absolute, as in Marx's analysis: use-value plays the role of the horizon and finality of the system of exchange-values. The first qualifies the concrete operation of the commodity in consumption (a moment parallel to designation in the sign), the second relates to the exchangeability of any commodity for any other under the law of equivalence (a moment parallel to the structural organisation of the sign). Both are dialectically linked throughout Marx's analyses and define a rational configuration of production, governed by political economy.

A revolution has put an end to this `classical' economics of value, a revolution of value itself, which carries value beyond its commodity form into its radical form.

This revolution consists in the dislocation of the two aspects of the law of value, which were thought to be coherent and eternally bound as if by a natural law. Referential value is annihilated, giving the structural play of value the upper hand. The structural dimension becomes autonomous by excluding the referential dimension, and is instituted upon the death of reference. The systems of reference for production, signification, the affect, substance and history, all this equivalence to a `real' content,
[p. 7]
loading the sign with the burden of `utility', with gravity -- its form of representative equivalence -- all this is over with. Now the other stage of value has the upper hand, a total relativity, general commutation, combination and simulation -- simulation, in the sense that, from now on, signs are exchanged against each other rather than against the real (it is not that they just happen to be exchanged against each other, they do so on condition that they are no longer exchanged against the real). The emancipation of the sign: remove this `archaic' obligation to designate something and it finally becomes free, indifferent and totally indeterminate, in the structural or combinatory play which succeeds the previous rule of determinate equivalence. The same operation takes place at the level of labour power and the production process: the annihilation of any goal as regards the contents of production allows the latter to function as a code, and the monetary sign, for example, to escape into infinite speculation, beyond all reference to a real of production, or even to a gold- standard. The flotation of money and signs, the flotation of `needs' and ends of production, the flotation of labour itself -- the commutability of every term is accompanied by speculation and a limitless inflation (and we really have total liberty -- no duties, disaffection and general disenchantment; but this remains a magic, a sort of magical obligation which keeps the sign chained up to the real, capital has freed signs from this `naïvety' in order to deliver them into pure circulation). Neither Saussure nor Marx had any presentiment of all this: they were still in the golden age of the dialectic of the sign and the real, which is at the same time the `classical' period of capital and value. Their dialectic is in shreds, and the real has died of the shock of value acquiring this fantastic autonomy. Determinacy is dead, indeterminacy holds sway. There has been an extermination (in the literal sense of the word) of the real of production and the real of signification. [3]

I indicated this structural revolution of the law of value in the term `political economy of the sign'. [4] This term, however, can only be regarded as makeshift, for the following reasons:

1. Does this remain a political-economic question? Yes, in that it is always a question of value and the law of value. However, the mutation that affects it is so profound and so decisive, the content of political economy so thoroughly changed, indeed annihilated, that the term is nothing more than an allusion. Moreover, it is precisely political to the extent that it is always the destruction of social relations governed by the relevant value. For a long time, however, it has been a matter of something entirely different from economics.

2. The term `sign' has itself only an allusive value. Since the structural law of value affects signification as much as it does everything else, its form is not that of the sign in general, but that of a certain organisation which is that of the code. The code only governs certain signs however. Just as the commodity law of value does not, at a given moment, signify just any determinant instance of material production, neither, conversely, does the
[p. 8]
structural law of value signify any pre-eminence of the sign whatever. This illusion derives from the fact that Marx developed the one in the shadow of the commodity, while Saussure developed the other in the shadow of the linguistic sign. But this illusion must be shattered. The commodity law of value is a law of equivalences, and this law operates throughout every sphere: it equally designates the equivalence in the configuration of the sign, where one signifier and one signified facilitate the regulated exchange of a referential content (the other parallel modality being the linearity of the signifier, contemporaneous with the linear and cumulative time of production).

The classical law of value then operates simultaneously in every instance (language, production, etc.), despite these latter remaining distinct according to their sphere of reference.

Conversely, the structural law of value signifies the indeterminacy of every sphere in relation to every other, and to their proper content (also therefore the passage from the determinant sphere of signs to the indeterminacy of the code). To say that the sphere of material production and that of signs exchange their respective contents is still too wide of the mark: they literally disappear as such and lose their specificity along with their determinacy, to the benefit of a form of value, of a much more general assemblage, where designation and production are annihilated.

The `political economy of the sign' was also consequent upon an extension of the commodity law of value and its confirmation at the level of signs, whereas the structural configuration of value simply and simultaneously puts an end to the regimes of production, political economy, representation and signs. With the code, all this collapses into simulation. Strictly speaking, neither the `classical' economy nor the political economy of the sign ceases to exist: they lead a secondary existence, becoming a sort of phantom principle of dissuasion.

The end of labour. The end of production. The end of political economy. The end of the signifier/signified dialectic which facilitates the accumulation of knowledge and meaning, the linear syntagma of cumulative discourse. And at the same time, the end of the exchange-value/use-value dialectic which is the only thing that makes accumulation and social production possible. The end of the linear dimension of discourse. The end of the linear dimension of the commodity. The end of the classical era of the sign. The end of the era of production.

It is not the revolution which puts an end to all this, it is capital itself which abolishes the determination of the social according to the means of production, substitutes the structural form for the commodity form of value, and currently controls every aspect of the system's strategy.

This historical and social mutation is legible at every level. In this way the era of simulation is announced everywhere by the commutability of formerly contradictory or dialectically opposed terms. Everywhere we see the same `genesis of simulacra': the commutability of the beautiful and the ugly in fashion, of the left and the right in politics, of the true and the false
[p. 9]
in every media message, the useful and the useless at the level of objects, nature and culture at every level of signification. All the great humanist criteria of value, the whole civilisation of moral, aesthetic and practical judgement are effaced in our system of images and signs. Everything becomes undecidable, the characteristic effect of the domination of the code, which everywhere rests on the principle of neutralisation, of indifference. [5] This is the generalised brothel of capital, a brothel not for prostitution, but for substitution and commutation.

This process, which has for a long time been at work in culture, art, politics, and even in sexuality (in the so-called `superstructural' domains), today affects the economy itself, the whole so-called `infrastructural' field. Here the same indeterminacy holds sway. And, of course, with the loss of determination of the economic, we also lose any possibility of conceiving it as the determinant agency.

Since for two centuries historical determination has been built up around the economic (since Marx in any case), it is there that it is important to grasp the interruption of the code.

The End of Production

We are at the end of production. In the West, this form coincides with the proclamation of the commodity law of value, that is to say, with the reign of political economy. First, nothing is produced, strictly speaking: everything is deduced, from the grace (God) or beneficence (nature) of an agency which releases or withholds its riches. Value emanates from the reign of divine or natural qualities (which for us have become retrospectively confused). The Physiocrats still saw the cycles of land and labour in this way, as having no value of their own. We may wonder, then, whether there is a genuine law of value, since this law is dispatch without attaining rational expression. Its form cannot be separated from the inexhaustible referential substance to which it is bound. If there is a law here, it is, in contrast to the commodity law, a natural law of value.

A mutation shakes this edifice of a natural distribution or dispensing of wealth as soon as value is produced, as its reference becomes labour, and its law of equivalence is generalised to every type of labour. Value is now assigned to the distinct and rational operation of human (social) labour. It is measurable, and, in consequence, so is surplus-value.

The critique of political economy begins with social production or the mode of production as its reference. The concept of production alone allows us, by means of an analysis of that unique commodity called labour power, to extract a surplus (a surplus-value) which controls the rational dynamics of capital as well as its beyond, the revolution.

Today everything has changed again. Production, the commodity form, labour power, equivalence and surplus-value, which together formed the outline of a quantitative, material and measurable configuration, are now things of the past. Productive forces outlined another reference which,
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although in contradiction with the relations of production, remained a reference, that of social wealth. An aspect of production still supports both a social form called capital and its internal critique called Marxism. Now, revolutionary demands are based on the abolition of the commodity law of value.

Now we have passed from the commodity law, of value to the structural law of value, and this coincides with the obliteration of the social form known as production. Given this, are we still within a capitalist mode? It may be that we are in a hyper-capitalist mode, or in a very different order. Is the form of capital bound to the law of value in general, or to some specific form of the law of value (perhaps we are really already within a socialist mode? Perhaps this metamorphosis of capital under the sign of the structural law of value is merely its socialist outcome? Oh dear ...)? If the life and death of capital are staked on the commodity law of value, if the revolution is staked on the mode of production, then we are within neither capital nor revolution. If this latter consists in a liberation of the social and generic production of man, then there is no longer any prospect of a revolution since there is no more production. If, on the other hand, capital is a mode of domination, then we are always in its midst. This is because the structural law of value is the purest, most illegible form of social domination, like surplus-value. It no longer has any references within a dominant class or a relation of forces, it works without violence, entirely reabsorbed without any trace of bloodshed into the signs which surround us, operative everywhere in the code in which capital finally holds its purest discourses, beyond the dialects of industry, trade and finance, beyond the dialects of class which it held in its `productive' phase -- a symbolic violence inscribed everywhere in signs, even in the signs of the revolution.

The structural revolution of value eliminated the basis of the `Revolution'. The loss of reference fatally affected first the revolutionary systems of reference, which can no longer be found in any social substance of production, nor in the certainty of a reversal in any truth of labour power. This is because labour is not a power, it has become one sign amongst many. Like every other sign, it produces and consumes itself. It is exchanged against non-labour, leisure, in accordance with a total equivalence, it is commutable with every other sector of everyday life. No more or less `alienated', it is no longer a unique, historical `praxis' giving rise to unique social relations. Like most practices, it is now only a set of signing operations. It becomes part of contemporary life in general, that is, it is framed by signs. It is no longer even the suffering of historical prostitution which used to play the role of the contrary promise of final emancipation (or, as in Lyotard, as the space of the workers' enjoyment [jouissance] which fulfils an unremitting desire in the abjection of value and the rule of capital). [6] None of this remains true. Sign-form seizes labour and rids it of every historical or libidinal significance, and absorbs it in the process of its own reproduction: the operation of the sign, behind the empty allusion to
[p. 11]
what it designates, is to replicate itself. In the past, labour was used to designate the reality of a social production and a social objective of accumulating wealth. Even capital and surplus-value exploited it -- precisely where it retained a use-value for the expanded reproduction of capital and its final destruction. It was shot through with finality anyway -- if the worker is absorbed in the pure and simple reproduction of his labour power, it is not true that the process of production is experienced as senseless repetition. Labour revolutionises society through its very abjection, as a commodity whose potential always exceeds pure and simple reproduction of value.

Today this is no longer the case since labour is no longer productive but has become reproductive of the assignation to labour which is the general habit of a society which no longer knows whether or not it wishes to produce. No more myths of production and no more contents of production: national balance sheets now merely retrace a numerical and statistical growth devoid of meaning, an inflation of the signs of accountancy over which we can no longer even project the phantasy of the collective will. The pathos of growth itself is dead, since no-one believes any longer in the pathos of production, whose final, paranoid and panic-stricken tumescence it was. Today these codes are de tumescent. It remains, however, more necessary than ever to reproduce labour as a social ritual [affectation], as a reflex, as morality, as consensus, as regulation, as the reality principle. The reality principle of the code, that is: an immense ritual of the signs of labour extends over society in general -- since it reproduces itself, it matters little whether or not it produces. It is much more effective to socialise by means of rituals and signs than by the bound energies of production. You are asked only to become socialised, not to produce or to excel yourself (this classical ethic now arouses suspicion instead). You are asked only to consider value, according to the structural definition which here takes on its full social significance, as one term in relation to others, to function as a sign in the general scenario of production, just as labour and production now function only as signs, as terms commutable with non-labour, consumption, communication, etc. -- a multiple, incessant, twisting relation across the entire network of other signs. Labour, once voided of its energy and substance (and generally disinvested), is given a new role as the model of social simulation, bringing all the other categories along with it into the aleatory sphere of the code.

An unnervingly strange state of affairs: this sudden plunge into a sort of secondary existence, separated from you by all the opacity of a previous life, where there was a familiarity and an intimacy in the traditional process of labour. Even the concrete reality of exploitation, the violent sociality of labour, is familiar. This has all gone now, and is due not so much to the operative abstraction of the process of labour, so often described, as to the passage of every signification of labour into an operational field where it becomes a floating variable, dragging the whole imaginary of a previous life along with it.
[p. 12]

Beyond the autonomisation of production as mode (beyond the convulsions, contradictions and revolutions inherent in the mode), the code of production must re-emerge. This is the dimension things are taking on today, at the end of a `materialist' history which has succeeded in authenticating it as the real movement of society. (Art, religion and duty have no real history for Marx -- only production has a history, or, rather, it is history, it grounds history. An incredible fabrication of labour and production as historical reason and the generic model of fulfilment.)

The end of this religious autonomisation of production allows us to see that all of this could equally have been produced (this time in the sense of a stage-production and a scenario) fairly recently, with totally different goals than the internal finalities (that is, the revolution) secreted away within production.

To analyse production as a code cuts across both the material evidence of machines, factories, labour time, the product, salaries and money, and the more formal, but equally `objective', evidence of surplus-value, the market, capital, to discover the rule of the game which is to destroy the logical network of the agencies of capital, and even the critical network of the Marxian categories which analyse it (which categories are again only an appearance at the second degree of capital, its critical appearance), in order to discover the elementary signifiers of production, the social relations it establishes, buried away forever beneath the historical illusion of the producers (and the theoreticians).

Labour

Labour power is not a `power', it is a definition, an axiom, and its `real' operation in the labour process, its `use-value', is only the reduplication of this definition in the operation of the code. It is at the level of the sign, never at the level of energy, that violence is fundamental. The mechanism of capital (and not its law) plays on surplus-value -- the non-equivalence of the salary and labour power. Even if the two were equivalent, even if salaries were abolished (for the sale of labour power), man would still be marked by this axiom, by this destiny of production, by this sacrament of labour which sets him apart like a sex. The worker is no longer a man, nor even a woman: it has its own sex, it is assigned this labour power as an end, and marked by it as a woman is marked by her sex (her sexual definition), as a Black is by the colour of his or her skin -- all signs and nothing but signs.

We must distinguish what belongs to the mode and what belongs to the code of production. Before becoming an element of the commodity law of value, labour power is initially a status, a structure of obedience to a code. Before becoming exchange-value or use-value, it is already, like any other commodity, the sign of the operation of nature as value, which defines production and is the basic axiom of our culture and no other. This message, much more profoundly than quantitative equivalences, runs
[p. 13]
beneath commodities from the outset: to remove indeterminacy from nature (and man) in order to submit it to the determinacy of value. This is confirmed in the constructionist mania for bulldozers, motorways, `infrastructures', and in the civilising mania of the era of production, a mania for leaving no fragment unproduced, for countersigning everything with production, without even the hope of an excess of wealth. Producing in order to mark, producing in order to reproduce the marked man. What is production today apart from this terrorism of the code? This is as clear for us as it was for the first industrial generations, who dealt with machines as with an absolute enemy, harbingers of total destructuration, before the comforting dream of a historical dialectic of production developed. The Luddite practices which arose everywhere to some extent, the savagery of attacking the instrument of production (primarily attacking itself as the productive force), endemic sabotage and defection bear lengthy testimony to the fragility of the productive order. Smashing machines is an aberrant act if they are the means of production, if any ambiguity remains over their future use-value. If, however, the ends of this production collapse, then the respect due to the means of production also collapses, and the machines appear as their true end, as direct and immediate operational signs of the social relation to death on which capital is nourished. Nothing then stands in the way of their destruction. In this sense, the Luddites were much clearer than Marx on the impact of the irruption of the industrial order, and today, at the catastrophic end of this process, to which Marx himself has misled us in the dialectical euphoria of productive forces, they have in some sense exacted their revenge.

We do not mean to invoke the prestige that may attach to a particular type of labour when we say that labour is a sign, nor even the sense of improvement signified by wage labour for the Algerian immigrant in relation to his tribal community, or for the Moroccan kid from the High Atlas Mountains whose only dream is to work for Simca, or for women in our own society. In this case, labour refers to a strict value: betterment or a different status. On the contemporary stage, labour no longer emerges from this referential definition of the sign. There is no longer any proper signification of a particular type of labour or of labour in general, but a system of labour where jobs are exchanged. No more `right man in the right place', [7] an old adage of the scientific idealism of production. There are no more interchangeable but indispensable individuals in a determinate labour process, since the labour process itself has become interchangeable: mobile, polyvalent and intermittent structures of absorption, indifferent to every object and even to labour itself, when understood according to its classical operation and applied solely to localise each individual within a social nexus where nothing converges except perhaps within the immanence of this operational matrix, an indifferent paradigm which identifies every individual according to a shared radical, or a syntagma which links them into an indefinite combinatory mode.

Labour (even in the guise of leisure), like a primary repression, pervades
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every aspect of life in the form of a control, a permanent occupation of spaces and times regulated according to an omnipresent code. Wherever there are people, they must be fixed, whether in schools, factories, on the beach, in front of the TV, or being retrained. Generalised and permanent mobilisation. Such labour is not, however, productive in the sense of `original'; it is nothing more than the mirror of society, its imaginary, its fantastic reality principle. Perhaps its death drive.

This is the tendency of every current strategy that turns around labour: `job enrichment,' [8] flexitime, mobility, retraining, continuing education, autonomy, worker-management, decentralisation of the labour process, even the Californian utopia of domestic cybernetics. Your quotidian roots are no longer savagely ripped up in order to hand you over to the machine -- you, your childhood, your habits, your relationships, your unconscious drives, and even your refusal to work are integrated into it. You will easily find a place for yourself amongst all of this, a personalised job, or, failing that, there is a welfare provision calculated according to your personal needs. In any case, you will no longer be abandoned, since it is essential that everyone be a terminal for the entire system, an insignificant terminal, but a term none the less -- not an inarticulate cry, but a term of the langue and at the terminus of the entire structural network of the language. The very choice of work, the utopia of a tailor-made job, signifies that the die is cast, that the structure of absorption is total. Labour power is no longer brutally bought and sold, it is designed, marketed and turned into a commodity -- production re-enters the sign system of consumption.

An initial step of this analysis was to conceive the sphere of consumption as an extension of the sphere of the forces of production. We must now do the reverse. The entire sphere of production, labour and the forces of production must be conceived as collapsing into the sphere of `consumption', understood as the sphere of a generalised axiomatic, a coded exchange of signs, a general lifestyle. In this way knowledge, the sciences, attitudes (D. Verres, Le discours du capitalisme [Paris: L'herne, 1971], p. 36: `Why not consider the attitudes of the workforce as one of the resources to be managed by the boss?'), but also sexuality and the body, the imagination (ibid., p. 74: `The imagination is all that remains bound to the pleasure principle, whereas the psychical apparatus is subordinated to the reality principle' (Freud). We must put a stop to this waste. The imagination should be realised as a force of production, it should be invested. The slogan of technocracy is: `Power to the Imagination!'). The same goes for the unconscious, the revolution, and so on. True, all this is in the process of being `invested' and absorbed into the sphere of value, but not so much market value as accountable value; that is, it is not mobilised for the sake of production, but indexed, allocated, summoned to play the part of a functional variable. It has become not so much a force of production as several pieces on the chessboard of the code, caught in the same game-rules. The axiom of production now tends to be reduced to factors, the axiom of the code reduces everything to a variable. One leads
[p. 15]
to equations and balance sheets of forces, and the other tends towards mobile and aleatory sets, which neutralise whatever escapes or resists them by connection and not by annexation.

This goes much further than Taylorism, or the Scientific Organisation of Labour (SOL), but its spectre marks an essential milestone of investment by the code. Two phases can be distinguished.

The `pre-scientific' phase of the industrial system, characterised by maximum exploitation of labour power, is succeeded by the phase of machinery and the preponderance of fixed capital, where `Objectified labour appears not only in the form of product, or of the product employed as the means of labour, but in the form of the force of production itself' (Marx, Grundrisse [tr. Martin Nicolaus, Harmondsworth: Penguin, 1973], p. 694). This accumulation of objectified labour which supplants living labour as a force of production is subsequently multiplied to infinity by the accumulation of knowledge: `The accumulation of knowledge and of skill, of the general productive forces of the social brain, is thus absorbed into capital, as opposed to labour, and hence appears as an attribute of capital, and more specifically of fixed capital' (ibid., p. 694).

In the phase of machinery, the scientific apparatus, the collective labourer and the SOL, the `production process has ceased to be a labour process in the sense of a process dominated by labour as its governing unity' (ibid., p. 693). There is no longer any `original' force of production, only a general machinery transforming the forces of production into capital; or, rather, a machinery which manufactures both the force of production and labour power. The whole social apparatus of labour is forestalled by this operation. The collective machinery has begun to produce social goals directly, and this is what produces production.

The hegemony of dead labour over living labour. Primitive accumulation merely accumulates dead labour to the point that it can reabsorb living labour. Or, in other words, it becomes Capable of controlling the production of living labour for its own ends. This is why the end of primitive accumulation marks the decisive turning point of political economy: the transition to the preponderance of dead labour, to crystallised social relations incarnated in dead labour, weighing down on society in its entirety as the code of domination itself. Marx's greatest error was to have retained a belief in the innocence of machines, the technical process and science -- all of which were supposedly capable of becoming living social labour once the system of capital was liquidated, despite the fact that this is precisely what the system is based on. This pious hope springs from having underestimated death in dead labour, and from thinking that death is overcome in the living, beyond a certain crucial point, by a sort of historical somersault of production.

Marx had, however, sensed this while noting that `objectified labour confronts living labour within the process itself as the power which rules it; a power which, as the appropriation of living labour, is the form of capital' (Grundrisse, p. 693 [J. B.'s emphasis]). This also becomes apparent in the
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formula according to which, at a certain stage of capital, man `steps to the side of the production process, instead of being its chief actor' (ibid., p. 705). This formula goes well beyond political economy and its critique, since it literally signifies that it is a matter no longer of a production process, but of a process of exclusion and relegation.

We must again draw out all the consequences of this. When production attains this circularity and turns in on itself, it loses every objective determination. It incants itself as myth while its own terms have become signs. Simultaneously, when this sphere of signs (including the media, information, etc.) ceases to be a specific sphere for representing the unity of the global process of capital, then we must not only say with Marx that `the production process has ceased to be a labour process' (ibid., p. 693), but that `the process of capital itself has ceased to be a production process'.

With the hegemony of dead labour over living labour, the whole dialectic of production collapses. Following the same basic schema as the central oppositions of rationalist thought (truth and falsity, appearance and reality, nature and culture), all the oppositions according to which Marxism operates (use-value/exchange-value, forces of production/ relations of production) are also neutralised, and in the same way. Everything within production and the economy becomes commutable, reversible and exchangeable according to the same indeterminate specularity as we find in politics, fashion or the media. The indeterminate specularity of the forces and relations of production, of capital and labour, use-value and exchange-value, constitutes the dissolution of production into the code. Today the law of value no longer lies so much in the exchangeability of every commodity under the sign of a general equivalent, as it does in a much more radical exchangeability of all the categories of political economy (and its critique) in accordance with the code. All the determinations of `bourgeois' thought were neutralised and abolished by the materialist thought of production, which has brought everything down to a single great historical determination. In its turn, however, this too is neutralised and absorbed by a revolution of the terms of the system. Just as other generations were able to dream of pre-capitalist society, we have begun to dream of political economy as a lost object. Now, even its discourse carries some referential force only because it is a lost object.

Marx:

On the whole, types of work that are consumed as services and not as products separable from the worker hence not capable of existing as commodities independently of him ... are of microscopic significance when compared with the mass of capitalist production. They may be entirely neglected, therefore, and can be dealt with under the category of wage-labour. (Capital [tr. Ben Fowkes, Harmondsworth: Penguin, 1976], Vol. 1, pp. 1044-5)

This chapter of Capital was never written: the problem posed by this disjunction, which confirms that between productive and unproductive labour, is utterly insoluble. Every Marxist definition of labour is split, but
[p. 17]
this was happening from the outset. In the Grundrisse, Marx says: `Labour becomes productive only by producing its own opposite [that is, capital]' (p. 305n), from which we may logically conclude that if labour comes to reproduce itself, as is the case today within the compass of the `collective labourer', it ceases to be productive. This is the unforeseen consequence of a definition which did not even consider that capital might take root in something other than the `productive', precisely, perhaps, in labour voided of its productivity, in `unproductive' labour, somehow neutralised, where capital simply eludes the dangerous determinacy of `productive' labour and can begin to establish its total domination. By misunderstanding `unproductive labour', Marx concedes the real undefined character of labour on which the strategy of capital is based.

`Production for unproductive consumption is quite as productive as that for productive consumption; always assuming that it produces or reproduces capital' (Grundrisse, p. 306n). According to Marx's own definition, there is a paradox here which results from an increasing sector of human labour becoming unproductive without apparently preventing capital from consolidating its dominance. In fact, however, this is all rigged in advance-- there are not two or three types of labour, [9] capital itself whispered these pedantic distinctions to Marx, while never being stupid enough to believe in them itself, always merely `naïvely' overlooking them. There is only one sort of labour (a fundamental definition in fact), and as luck would have it this is the one that Marx let slip through his fingers. Today all labour falls under a single definition, that bastard, archaic and unanalysed category of service-labour, and not the supposedly universal classical definition of `proletarian' wage-labour.

This is not service-labour in the feudal sense, since labour has lost the sense of obligation and reciprocity that it had in the feudal context, but in the sense that Marx indicates: in service, prestation is inseparable from the prestator -- an archaic aspect in the productivist vision of capital, but one that's fundamental if capital is grasped as a system of domination, as a system of `infeudation' to a labouring society, that is, to a certain type of political society for which labour is the rule of the game. This is where we are (if we weren't already there in Marx's time): the reduction of every labour to a service, labour as pure and simple presence/occupation, consumption of time, prestation of time. We make an `act' of labour as we make an act of presence or an act of allegiance. In this sense, prestation is in fact inseparable from the prestator. The service rendered conjoins the body, time, space and grey matter. Whether this produces or not is a matter of indifference as regards this personal indexation. Surplus-value disappears, of course, and the meaning of wages changes (we will come back to this later). It is not, however, a `regression' of capital towards feudalism, but rather the dawn of its real domination, solicitation and total conscription of the `person'. This is the tendency of every effort to `retotalise' labour, making it into a total service where the prestator may be more or less absent, but increasingly personally involved.
[p. 18]

In this sense labour can no longer be distinguished from other activities, particularly from its opposing term of free time, which, because it implies the same mobilisation and the same investment (or the same productive disinvestment), is today just as much a service rendered, [10] which, in accordance with any standard of justice, should merit a wage (this is not absolutely impossible). [11] In short, it is not only the imaginary distinction between productive and unproductive labour which is shaken up, but also the distinction between work and rest itself. There is quite simply no more labour in the specific sense of the term, so Marx ultimately did well not to write his chapter of Capital: it was condemned from the outset.

It is at precisely this moment that workers become `agents of production'. This slippage of terminology -- such things have their own importance -- ironically signifies the status of one who produces nothing. The semi-skilled worker was no longer a labourer, but merely a worker facing the total indifferentiation of labour, no longer struggling over the content of labour nor over specific wages, but struggling over the generalised form of labour and the political wage. The formation of the `agent of production' is accompanied by his liberation from the most abstract form -- much more abstract than the old semi-skilled worker, exploited to death: the mannequin of labour appeared, the lowest common denominator, the dumb waiter of labour's unreality principle. A pleasant euphemism: we no longer work, but merely perform `acts of production'. This is the end of production-culture, hence the a contrario appearance of the term `prductive'. This `productive agent' is no longer characterised by its exploitation, nor by its being raw material in a labour process; it is characterised by its mobility and interchangeability, by being an insignificant inflection of fixed capital. The `agent of production' designates the ultimate status of Marx's worker who, as he said, `steps to the side of the production process'.

The current phase, where `the process of capital itself ceases to be a process of production', is simultaneously the phase of the disappearance of the factory: society as a whole takes on the appearance of a factory. The factory must disappear as such, and labour must lose its specificity in order that capital can ensure the extensive metamorphosis of its form throughout society as a whole. We must therefore formally recognise the disappearance of the determinate sites of labour, a determinate subject of labour, a determinate time of social labour, we must formally recognise the disappearance of the factory, labour and the proletariat if we want to analyse capital's current and real dominance. [12] The chain-store stage of society or the factory superstructure, the virtual reserve army of capital, is at an end. The principle of the factory and labour explodes and scatters over every aspect of society in such a way that the distinction between the two becomes `ideological'. It becomes one of capital's traps for maintaining the factory's specific and privileged presence in the revolutionary imaginary. Labour is everywhere, because there is no more labour. Labour now reaches its definitive, completed form, its principle, which supports and
[p. 19]
confirms the principles elaborated in the course of history in those other social spaces that preceded manufacturing industry and served as a model for it: the asylum, the ghetto, the general hospital, the prison -- all the sites of enclosure and concentration that our culture has hidden in its march to civilisation. Today, all these determinate sites are themselves losing even their own limits, they are spread throughout global society since the asylum form, carceral form and discrimination have begun to invest the whole social space, every moment of real life. [13] All these things -- factories, asylums, prisons, schools -- still exist, and will no doubt continue to exist for an indefinite period, as warning signs, to divert the reality of the domination of capital into an imaginary materiality. There have always been churches to hide the death of God, or to hide the fact that God was everywhere, which amounts to the same thing.

There will always be animal reserves and Indian reservations to hide the fact that they are dead, and that we are all Indians. There will always be factories to hide the death of labour, the death of production, or the fact that they are everywhere and nowhere at once. For there is nothing with which to fight capital today in determinate forms. On the contrary, should it become clear that capital is no longer determined by something or other, and that its secret weapon is the reproduction of labour as imaginary, then capital itself would be close to exhaustion.

Wages

Labour, which in its completed form has no relation to any determinate production, is also without any equivalent in wages. Wages are equivalent to labour power only from the perspective of the quantitative reproduction of labour power. When they become the sanction of the status of labour power, the sign of obedience to the rule of the game of capital, wages no longer possess any such meaning. They are no longer in any proportional or equivalence relation at all, [14] they are a sacrament, like a baptism (or the Extreme Unction), which turns you into a genuine citizen of the political society of capital. Beyond the economic investment which constitutes the worker's wage-revenue for capital (end of the salariat as exploitation, beginning of the salariat as the `actionariat' of capitalist society -- the worker's strategic function slides towards consumption as obligatory social service), it is the other sense of the term `investment' which brings it into the current phase of wage-status: capital invested the worker with a wage just as one used to be invested with a charge or a responsibility. But capital also invested the worker as one might `invest' a town, totally occupying it and controlling all access. [15]

It is not solely by means of wage-revenue that capital charges producers to keep money in circulation and thus to become real reproducers of capital, but more fundamentally by means of the wage-status by which they are turned into purchasers of goods in the same way that capital itself is the purchaser of labour. Every user uses consumer objects reduced to the
[p. 20]
functional status of the production of services, just as capital uses labour power. Everyone is thus invested with the fundamental mentality of capital.

On the other hand, as soon as wages are detached from labour power, nothing (not even the unions) stands in the way of an unlimited and maximal wage demand. If there is a `right price' for a certain quantity of labour force, a price can no longer be fixed on consensus and global participation. The traditional wage demand is only a negotiation over the producer's conditions. The maximalist demand is an offensive form of the wage-earner's reversal of his status as a reproducer, a status to which he is condemned by means of the wage. It is a challenge. The wage-earner wants everything. His method is not only to aggravate the economic crisis of the system but to turn every political constraint that the system imposes against it.

The maximalist slogan runs: `maximum wage for minimum labour'. The political result of this escalating reversal might indeed be to send the system into orbit, in accordance with its own logic of labour as enforced presence. For wage-earners operate no longer as producers, but rather in terms of non-production, a role assigned them by capital. Neither do they operate dialectically, their interventions are catastrophic.

The less there is to do, the more wage increases must be demanded, since the minimal job is a more obvious sign of an absurdity than that of enforced presence. This is the `class' that capital transforms in its own image: even robbed of its exploitation, the use of its labour power, it couldn't pay capital too much for this denial of production, this loss of identity, this debauchery. The exploited can demand only the minimum, but lower their status and they are free to demand everything. [16] The striking thing about this is that capital can follow into these fields with relative ease. It is not too much for the unions to make those wage-earners without consciousness aware of the wage--labour equivalence which capital itself has abolished. It is not too much for the unions to channel this unlimited wage-blackmail into the wholesome straits of negotiation. Without the unions, the workers would immediately demand 50 per cent, 100 per cent or 200 per cent increases -- and perhaps get them! There are examples of this in the United States and Japan. [17]

Money

The homology Saussure established between labour and the signified on the one hand, and wages and the signifier on the other, is a kind of matrix which can be used as a base from which to survey political economy in its entirety. Today, however, the contrary proves to be the case: signifiers are severed from signifieds and wages are severed from labour. The escalating play of the signifier parallels the escalation of wages. Saussure was right: political economy is a language [langue], and the same mutation that affects linguistic signs when they lose their referential status also affects the
[p. 21]
categories of political economy. The same process ramifies in two other directions.

1. Production is severed from every reference or social finality. It then enters a growth phase. We must not interpret this growth as an acceleration, but in another sense, as something which marks and brings about the end of production. This is characterised by a significant divergence between production, on the one hand, and a relatively contingent and autonomous consumption, on the other. When, after the crisis of 1929, and especially after the Second World War, consumption began to be literally `planned', that is, took on the force at once of a myth and of a controlled variable, we enter a phase where neither production nor consumption retains any proper determinations nor respective ends. Both become caught in a cycle or spiral, they are overcome by a confusion propagated by growth which leaves the traditional social objectives of production and consumption well behind. This process has only itself as an end. It no longer targets needs or profits. It is not an acceleration of productivity, but a structural inflation of the signs of production, an oscillation and proliferation of every sign, including monetary signs. It is the era of rocket launching programmes, Concorde, and total war strategies, of the proliferation of industrial estates, social or individual infrastructural facilities, training programmes and recycling, etc. -- production for production's sake in accordance with a constraint of reinvestment at any cost (reinvestment no longer operating as the rate of surplus-value). The crowning achievement of this reproductive planning promises to be anti-pollution measures, where the entire `productive' system will recycle and therefore eliminate its own waste products. This huge equation adds up to zero; not nothing, however, because the dialectic of pollution and anti-pollution `produces' inchoate aspirations to growth without end.

2. The monetary sign is severed from every social production and then enters a phase of speculation and limitless inflation. Inflation is to money what the escalation of wages is to the sale of labour power, and what growth is to production. In each case, the same split releases the same burst of frantic activity and the same virtual crisis: the splitting of wages and the `right price' of labour power, and the splitting of money and real production, both result in the loss of a system of reference. Abstract social labour time on the one hand and the gold-standard on the other lose their function as indices and criteria of equivalence. Wage inflation and monetary inflation (as well as growth) are therefore of the same type and are inseparable. [18]

Purged of finalities and the affects of production, money becomes speculative. From the gold-standard, which had already ceased to be the representative equivalent of a real production but still retains traces of this in a certain equilibrium (little inflation, the convertibility of money into gold, etc.), to hot money and generalised flotation, money is transformed from a referential sign into its structural form -- the `floating' signifier's own logic, not in Lévi-Strauss's sense, where it has not yet discovered its
[p. 22]
signified, but in the sense that it is well rid of every signified (every `real' equivalent) as a brake to its proliferation and its unlimited play. Money can thus be reproduced according to a simple play of transfers and writings, according to an incessant splitting and increase of its own abstract substance.

Hot money: a name given to Euro-dollars, doubtless in order to characterise the senseless circulations of the monetary sign. Now, however, we should more accurately say that money has become `cool', this term designating, following McLuhan and Riesman, an intense but nonaffective relativity of terms, a play sustained purely by the rules of the game, the commutation of terms and the exhaustion of these commutations. By contrast, `hot' characterises the referential phase of the sign, with its singularity and the opacity of its signified in the real, its very powerful affect and its minimal commutability. We are right in the middle of the sign's cool phase. The current system of labour is cool, every structural assemblage is, generally speaking, cool, while both `classical' production and labour, hot processes par excellence, have been replaced by unlimited growth bound to a disinvestment of the contents and process of labour, which are cool processes.

Coolness is the pure play of the values of discourse and the commutations of writing. It is the ease and aloofness of what now only really plays with codes, signs and words, the omnipotence of operational simulation. To whatever extent affects or systems of reference remain, they remain hot. Any `message' keeps us in the hot. We enter the cool era when the medium becomes the message. And this is precisely what has taken place with money. Once a certain phase of disconnection has been reached, money is no longer a medium or a means to circulate commodities, it is circulation itself, that is to say, it is the realised form of the system in its twisting abstraction.

Money is the first `commodity' to assume the status of a sign and to escape use-value. Henceforth, it intensifies the system of exchange-value, turning it into a visible sign, and in this way makes the transparency of the market (and therefore of rarity too) visible. Today, however, money sanctions a further step: it also escapes exchange-value. Freed from the market itself, it becomes an autonomous simulacrum, relieved of every message and every signification of exchange, becoming a message itself and exchanging amongst itself. Money is then no longer a commodity since it no longer contains any use-value or exchange-value, nor is it any longer a general equivalent, that is, it is no longer a mediating abstraction of the market. Money circulates at a greater rate than everything else, and has no common measure with anything else.

We could of course say that this has always been the case that since the first light shone on the market economy, money circulated at the highest rate and drew every other sector into this acceleration. And throughout the history of capital there is a distortion of all the different levels (financial, industrial, agricultural, but also consumer goods, etc.) according to the
[p. 23]
speed at which it circulates. These distortions still persist today, as the resistance of national currencies (bound up with a market, a production and a local equilibrium) to international speculative currencies testifies. It is, however, the latter that is leading the offensive, because it is what circulates at the highest rate, it is what drifts and floats: a simple play of flotation can ruin any national economy. In accordance with a differential rate of rotation, every sector is thus directed by this high intensity flotation which, far from being a baroque, epiphenomenal process (`What is the Stock Market for?'), is the purest expression of the system. We discover this scenario everywhere: in the inconvertibility of currencies into gold, or in the inconvertibility of signs into their systems of reference; in the floating and generalised convertibility of currencies amongst themselves, or in the mobility and the endless structural play of signs. But we also discover this in the flotation of all the categories of political economy once they lose their gold-reference, labour power and social production: labour and non-labour, labour and capital, become commutable, all logic has dissolved; and we discover this in the flotation of all the categories of consciousness where the mental equivalent of the gold-standard, the subject, has been lost. There are no more authorities to which to refer, under whose jurisdiction producers could exchange their values in accordance with controlled equivalents: the end of the gold-standard. There are no more authorities to which to refer, under whose aegis a subject could exchange objects dialectically, or exchange their determinations around a stable identity in accordance with definite rules: the end of the conscious subject. (We are tempted to say that this is the reign of the unconscious.) The logical consequence of this is, if the conscious subject is the mental equivalent of the gold-standard, then the unconscious is the mental equivalent of speculative currency and hot money. Today, individuals, disinvested as subjects and robbed of their fixed relations, are drifting, in relation to one another, into an incessant mode of transferential fluctuations: flows, connections, disconnections, transference/counter- transference. Society as a whole could easily be described in terms of the Deleuzian unconscious, [19] or of monetary mechanics (or indeed in the Riesmanian terms of `other-directedness', which is already, unfortunately in Anglo-Saxon and therefore barely schizophrenic terms, the flotation of identities). Why privilege the unconscious here (even if it is orphan and schizophrenic)? The unconscious is that mental structure contemporaneous with the most radical, current phase of dominant exchange; it is contemporaneous with the structural revolution of value.

Strikes

Within a system of production, strikes were historically justified as organised violence for purposes of snatching a fraction of surplus-value, or else power, from the opposing violence of capital. Today this form of the strike is dead:
[p. 24]

1. It is dead because capital is in a position to leave every strike to continue until it rots, precisely because we are no longer in a system of production (maximalisation of surplus-value). Profits be damned so long as the reproduction of the form of social relations is saved!

2. It is dead because such strikes change nothing fundamental: contemporary capital merely redistributes itself, a matter of life or death for it. At best, strikes merely snatch only what, in the end, capital would have conceded anyway.

So if relations of production, and with them the class struggle, fall into orchestrated social and political relations, then clearly all that can intervene in this cycle is what escapes the organisation and definition of class as:

-- a representative historical agency;
-- a productive historical agency.

Only those who escape the swings and roundabouts of production and representation can disrupt these mechanisms and provoke, from the depths of their blinded state, a return to the `class struggle', which might indeed mark the end of this struggle as a locus within the `political'. It is here that the intervention of immigrants in recent strikes [20] takes on meaning.

Because millions of workers find themselves, by means of the mechanics of discrimination, deprived of all representative authority, their appearance on the Western stage of the class struggle carries the crisis of representation to a crucial level. Kept classless by society as a whole, including the unions (and, on this point, with the economic-racial complicity of their `rank and file': for the organised proletarian `class', centred on its relations with political-economic forces with the bourgeois capitalist class, the immigrant is `objectively' an enemy of the class), the immigrants play, through the action of this social exclusion, the role of analysts of the relation between workers and the unions, and, more generally, of the relation between the `class' and every representative authority of the `class'. They are deviant as regards the system of political representation and of every authority who claims to speak in their name.

This situation will not last: unions and bosses have sensed the danger and have begun to reintegrate the immigrants as `temporary full citizens', fulltime extras on the stage of the `class struggle'.

The Autopsy of the Unions The Renault strike of March--April 1973 constituted a general repetition of this crisis. Apparently confused, uncoordinated, manipulated and, in the final analysis, a failure (except for the extraordinary terminological victory that consisted in the replacement of the once taboo term `semi-skilled worker' with the term `agent of production'!), this strike was in reality the beautiful swan song of the unions, caught between their rank and file and the bosses. From the outset it was a `savage' strike, unleashed by semi-skilled immigrant workers. The CGT, [21] however, had a weapon ready to counter this accidental war:
[p. 25]
namely spreading the strike to other factories or to other sectors of the workforce, thus taking advantage of the now ritual spring mass demonstrations. Yet even this mechanism of control, which had been repeatedly tested ever since 1968, which the unions counted they could rely on for generations to come, let them down this time. Even the non-savage rank and file (at Seguin, Flins and Sandouville) were sometimes on strike and sometimes back at work (which is also important), without paying heed to the `advice' from their unions. The unions were constantly being caught off-guard. The workers wanted nothing to do with whatever the unions won from management and put before them. Those concessions they drew from the workers in order to relaunch negotiations with management were rejected by the management, who then closed down the factories. Management appealed to the workers while ignoring the unions, and in fact deliberately forced the crisis in order to force the unions to retreat: couldn't they control all the workers? The unions' social legitimacy, and even their existence, was at issue. Hence the bosses' (and all levels of government) adoption of a `hard line'. It was no longer a question of a test of strength between the organised (unionised) proletariat and the bosses, but of a test of representativity for the unions, under pressure from both the rank and file and management. Such tests result from every savage strike over the last few years sparked off by non-union personnel, rebellious youth, immigrants: the classless.

The stakes at this level are extraordinary. The entire edifice of society threatens to collapse with the unions' legitimacy and representativity. Adjudicators and other mediating bodies no longer count for much. Even the police are useless without the unions if the latter cannot police the factories and elsewhere. In May '68, it was the unions who saved the regime, but now their knell is being sounded. The import of the stakes is profoundly expressed in the utter confusion of events such as the Renault strike and May '68 (and this holds good for student demonstrations just as it does for the Renault strikes). To strike or not to strike. Where do we stand on this? No-one can decide any more. What are the objectives? Where are the enemy? What are we talking about? The Geiger counters that the unions, parties and micro-groups used to measure the masses' readiness for combat are thrown into turmoil. The student movement is too fluid for the hands of those who would like to structure it according to their own objectives: don't they have any objectives? In any case, it did not want to become objectified behind its back. The workers went back to work without gaining a thing, while eight days beforehand they had refused when they were offered palpable benefits. In fact, this confusion is similar to what happens in dreams: it betrays a resistance or a censorship acting on the dream-content itself. Here it betrays something of vital importance, something difficult, however, for the proletarians themselves to accept: the social struggle has been displaced from the traditional, external enemy of the class, management and capital, onto the internal class enemy, the proper representative authority for the class, the party or the union. These
[p. 26]
are the authorities to which the workers delegate their power, which is turned against them under the form of management or government delegations of power. Capital itself only alienates labour power and its product, its only monopoly is production. Parties and unions alienate social power from the exploited and have a monopoly on representation. Calling them into question is a revolutionary historical development. But this development is paid for by a loss of clarity, a loss of resolution, an apparent regression, the absence of continuity, logic and objectives, etc. This is because everything becomes uncertain when it is a matter of confronting one's own repressive agency, of driving the unionist, shop steward, official or spokesperson from one's own head. But the confusing character of spring '73 indicates precisely that we have fundamentally located the problem: the unions and parties are dead, all that remains for them to do is die.

The Corrupted Proletariat The crisis of representation is the crucial political aspect of the latest social movements. In itself, this crisis may prove fatal to the system, and already we can see the emerging outline (in the unions themselves) of its formal overcoming (its recuperation) in a generalised schema of self-management. No more delegation of power -- everyone will be fully responsible for production! The new ideological generation is coming! But it will have a great deal to do, because this crisis is intricately bound up with another crisis, deeper still, which touches production itself, the very system of productivity. And there again, indirectly of course, the immigrants are in the position of analysts. Just as they analyse the `proletariat's' relation to its representative agencies, they analyse the workers' relation to their own labour power, their relation to themselves as a productive force (and not only to a few of them, selected as representative authorities). This is because they have recently been extracted from a non-productivist tradition; because they had to be socially destructured in order to be thrown into the process of Western labour, and because, in return, it is they who thoroughly destructure the general process and morality of production which dominates Western societies.

It is just as if their forced recruitment into the European market provoked an increasing corruption of the European proletariat as regards labour and production. It is no longer simply a matter of `clandestine' practices of resistance to labour (go-slows, wastage, absenteeism, etc.), which have never stopped. This time the workers downed tools openly, collectively and spontaneously, just like that, suddenly, asking for nothing, negotiating nothing, to the great despair of both unions and management, and started work again just as spontaneously, as a group, the following Monday. Neither failure nor victory, it was not a strike, it was just a `stoppage', a euphemism which says far more than the term `strike'. The whole discipline of labour collapses, all the moral norms and practices that industrial colonisation has imposed on Europe for two centuries disintegrate and are forgotten with apparent ease, without the `class struggle'
[p. 27]
strictly speaking. Discontinuity, latitudinarianism, indiscipline as regards working hours, indifference with regard to wage pressure, to surplus, promotion, accumulation, forecasting. You do only what you have to, then stop and go back to it later. This is exactly the behaviour that inhabitants of `developing countries' were reproached for by the colonists, who found it impossible to train the inhabitants to obey value and labour, rational and continuous time, the concept of saving wages, and so on. It is only by sending them abroad that the inhabitants were finally integrated into the labour process. And it is at precisely this point that Western workers start to `regress' more and more into the behaviour of `underdeveloped' inhabitants. It is not that seeing the Western proletariat in the grip of corruption constitutes a revenge for colonisation in its most advanced form (importing manual labour), although one day it might have to be the turn of the proletariat to be exported to the developing countries in order to relearn the historical and revolutionary values of labour.

There is a direct relation between the ultra-colonisation of immigrant workers (since the colonies were not profitable where they were, they had to be imported) and the industrial de-colonisation which affects every sector of society (everywhere, in schools and in factories, we move from the hot phase of the investment of labour to the cynical and cool execution of tasks). Because they have most recently left their `savage' indifference for `rational' labour, these immigrants (and the young or rural semi-skilled workers) are in a position to analyse Western society with the recent, fragile, superficial and arbitrary collectivisation enforced by labour, this collective paranoia, which has spawned a morality, a culture and a myth. We have forgotten that it was only two centuries ago that this industrial discipline was imposed, at unprecedented cost, on the West itself, that it has never quite succeeded and is beginning to crack dangerously (it will barely have lasted as long, indeed, as overseas colonisation).

Strike for Strike's Sake Strike for strike's sake is the true condition of the contemporary struggle. Unmotivated, with neither objective nor political referent, it is the oppositional response adopted against a production which is also unmotivated, with neither a referent, nor a social use-value, nor any other finality than its own -- production for production's sake, in short, a system which has become only a system of reproduction, revolving around itself in a gigantic tautology of the labour process. Strike for strike's sake is the complementary tautology, but, since it unveils a new form of capital corresponding to the final stage of the law of value, it is also subversive.

Strikes have at last ceased to be a means, and only a means, of putting pressure on the relation of political forces and the power game. It becomes an end. Even on their own ground they negate, by means of a radical parody, the sort of finality without end that production has become.

In production for production's sake, there is no more waste. We have no use for this term, which means something only in a restricted utilitarian
[p. 28]
economy. It relies on a pious critique of the system. Concorde, the space programme, etc., are not a waste of resources; on the contrary, since the system, having reached this high point of `objective' futility, produces and reproduces labour itself. Besides, this is precisely what everyone (including the workers and the unions) demands of it. Everything revolves around jobs (the social is just a matter of job creation), and in order to keep their jobs, the British unions are prepared to transform Concorde into a supersonic bomber. Inflation or unemployment? Long live inflation! Labour, like social security, has come to be just another consumer good to be distributed throughout society. The enormous paradox is that the less labour becomes a productive force, the more it becomes a product. This is not the least important characteristic of the current mutations of the capitalist system, the revolution from the specific stage of production to the stage of reproduction. It has less and less need of labour power in order to function and grow, while there are increasing demands on it to produce more and more labour.

Corresponding to the absurd circularity of a system where one labours only to produce more labour is the demand for strikes for strikes' sake (at any rate, this is the point at which the majority of `protest' strikes have today come to an end). `Pay us for the days we are on strike' basically means `pay us in order that we may reproduce strikes for strikes' sake'. This is the reversal of the absurdity of the system in general.

Today, all products, labour included, are beyond both use and futility. There is no more productive labour, only reproductive labour. In the same way there is no more `productive' or `unproductive' consumption, only a reproductive consumption. Leisure is as productive as labour, factory labour as `unproductive' as leisure or the service industries, it is irrelevant what formula we use. This indifference precisely marks the phase of the completion of political economy. Everyone is reproductive; that is, everyone has lost the concrete finality which once marked them out from one another. Nobody produces any more. Production is dead, long live reproduction!

The Genealogy of Production The system currently reproduces capital according to its most rigorous definition, as the form of social relations, rather than in its vulgar sense as money, profits and the economic system. Reproduction has always been understood as, and determined by, an `increasing' reproduction of the mode of production, even though it became necessary to conceive of the mode of production as a modality (and not the only one) of the mode of reproduction. Productive forces and the relations of production, the sphere of material productivity in other words, are perhaps only one of many possible, and therefore historically relative, conjunctions of the process of reproduction. Reproduction is a form which far outstrips economic exploitation, and so the play of productive forces is not its necessary condition.

The historical status of the `proletariat' (the industrial wage-earners)
[p. 29]
is primarily one of incarceration, concentration and exclusion. The seventeenth-century incarceration described by Foucault [22] expands grotesquely in the age of industrial manufacture. Didn't `industrial' labour (which, unlike cottage industries, is collective, controlled, and stripped of the means of production) evolve within the first great hôpitaux généraux? In the beginning, society, in the process of rationalisation, incarcerated its idle, its wanderers, its deviants, gave them an `occupation' and fixed them, imposed its rational principle of labour on them. But these outcasts contaminated the process of rationalisation in turn, and the rupture produced when society instituted its principle of rationality spilled over the whole of the society of labour: the Great Confinement is a model in miniature, later generalised in the industrial system of every society that, under the sign of labour and productivist finality, became a concentration camp, a detention centre or a prison.

Instead of extending the concepts of the proletariat and exploitation to racial or sexual oppression and such like, we should ask ourselves if it is not the other way round. What if the fundamental status of the worker, like the mad, the dead, nature, beasts, children, Blacks and women, was initially to be not exploited but excommunicated? What if he was initially not deprived and exploited but discriminated against and branded?

My hypothesis is that there has never been a genuine class struggle except on the grounds of this discrimination: sub-humans struggle against their status as beasts, against the abjection of the caste division that condemns them to the sub-humanity of labour. This lies behind every strike and every revolt, and today it is still behind the most `wage-related' demonstrations. Hence their virulence. Having said that, today the proletarian is a `normal' being, the worker has been promised the dignity of a full `human being', and, moreover, in accordance with this category, he seizes onto every dominant discrimination: he is racist, sexist and repressive. As regards today's deviants and whoever is discriminated against, no matter what their social standing, he has sided with the bourgeoisie and the normal human being. How true: the fundamental law of this society is not the law of exploitation, but the code of normality.

May '68: The Illusion of Production The first shockwaves of this transition from production to pure and simple reproduction took place in May '68. They struck the universities first, and the faculty of human sciences first of all, because that was where it became most evident (even without a clear `political' consciousness) that we were no longer productive, only reproductive (and that lecturers, science and culture were themselves only relays in the general reproduction of the system). All this was experienced as total futility, irresponsibility (`What are sociologists for?'), as a relegation, and provoked the student movement of '68 (rather than the absence of prospects, since there are always plenty of prospects in reproduction -- it was rather the places, the spaces where something actually happens that had ceased to exist).
[p. 30]

These shockwaves are still being felt. They cannot but reach the very limits of the system, as soon as entire sectors of society topple from the rank of productive forces to the pure and simple status of reproductive forces. Although this process was first felt in the cultural sectors of science, justice and the family -- the so-called `superstructural' sectors -- it is clear today that it is progressively affecting the entire so-called `infrastructural' sector: a new generation of partial, savage and occasional strikes since '68 testify no longer to the `class struggle' of a proletariat attached to production, but to the revolt of those who, even in the factories, are attached to reproduction.

Nevertheless, in this same sector there are marginal, anomic groups who are the first to register these effects: young semi-skilled workers brought directly from rural areas into the factories, immigrants, non-union members; and so on. For all the above mentioned reasons, the `traditional', organised and unionised proletariat have looked likely to be the last to react, since it is they who can entertain the illusion of `productive' labour for longest. The consciousness of being, in relation to everyone else, the true `producers` and, albeit at the cost of the exploitation, nevertheless being at the very source of social wealth is a `proletarian' consciousness which is reinforced and sanctioned by the organisation, constituting what is certainly the most solid ideological defence against the destructuration of the current system which, far from turning whole strata of the population into proletarians or, as Marxian theory proper has it, expanding the exploitation of `productive' labour, aligns everybody under the same reproductive worker status.

`Productive' manual workers, more than anybody else, thrive on the illusion of production just as they experience their leisure under the illusion of freedom.

As long as these things are experienced as sources of wealth or satisfaction, as use-value, then the worst, most alienated and exploited labour is bearable. As long as we can still discover a `production' corresponding (even if this is only in the imagination) to individual or social needs (this is why the concept of need is so fundamental and so mystifying), the worst individual or historical situations are bearable because the illusion of production is always the illusory coincidence of production and use-value. Those who today believe in the use-value of their labour power -- the proletariat -- are virtually the most mystified and the least susceptible to this revolt which grabs people from the depths of their total futility and the circular manipulation which turns them into pure markers of senseless reproduction.

The day that this process spreads to all of society, May '68 will assume the form of a general explosion, and the problem of the link between the students and the workers will no longer be posed: it merely betrays the gulf that separates those in the current system who still believe in their own labour force and those who no longer believe in it.
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Political Economy as a Model of Simulation

From now on political economy is the real for us, which is to say precisely that it is the sign's referential, the horizon of a defunct order whose simulation preserves it in a `dialectical' equilibrium. It is the real, and therefore the imaginary, since here again the two formerly distinct categories have fused and drifted together. The code (the structural law of value) uses the systematic reactivation of political economy (the restricted market law of value) as our society's imaginary-real. Furthermore, the appearance of the restricted form of value is an attempt to obscure its radical form.

Profit, surplus-value, the mechanics of capital and the class struggle: the entire critical discourse on political economy is staged as a referential discourse. The mystery of value is enacted on stage (of course, the mystery has simply acquired a new value: the structural law of value has become mysterious): everyone agrees as to the `determining instance' of economics, and this has become `obscene'. [23] This is a provocation. Capital no longer looks to nature, God or morality, but strictly to political economy and its critique for its alibis, and lives through its own denunciation from within itself -- feedback or a dialectical stimulus. Hence the essential role played by Marxian analysis in designer capital.

The same scenario is played out in economics as Bourdieu and Passeron describe it, taking place in the academic system whose alleged autonomy enables it to reproduce the class structure of society very efficiently. Similarly, the alleged autonomy of political economy (or rather its value as a determining agency) enables it to reproduce, just as efficiently, capital's symbolic function, its real domination over life and death established by the code, and which is continually stirring up political economy as a medium, an alibi and a fig-leaf.

A machine has to function if it is to reproduce relations of production. A commodity must have a use-value in order to sustain the system of exchange-value. This was the first-level scenario. Simulation is today at the second level: a commodity must function as an exchange-value in order better to hide the fact that it circulates like a sign and reproduces the code. [24]

Society has to reproduce itself as class society, as class struggle, it must `function' at the Marxian-critical level in order the better to mask the system's real law and the possibility of its symbolic destruction. Marcuse pointed out a long time ago that dialectical materialism was getting out of hand: far from being deconstructed by the forces of production, the relations of production from now on submit to the forces of production (science, technology, etc.) and find a new legitimacy in them. There again, we must pass on to the second level: the social relations of symbolic domination utterly submit to the mode of production (both the forces of production and the relations of production), where we find, in the apparent
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movement of political economy and the revolution, a new legitimacy and the most perfect alibi.

Hence the necessity of resurrecting and dramatising political economy in the form of a movie script, to screen out the threat of symbolic destruction. Hence the kind of crisis, the perpetual simulacrum of a crisis, we are dealing with today.

In the aesthetic stage of political economy, the finality--without--end of production, the ethical, ascetic myth of accumulation and labour collapses. Capital, to avoid the risk of bursting from these liquefied values, thus becomes nostalgic once more for its great ethical epoch when production had a meaning, the golden age of shortages and the development of the forces of production. In order to re-establish finalities and to reactivate the principle of economics, we must generate shortages once again. Hence ecology, where the danger of absolute scarcity reinstates an ethic of energy conservation.

Hence the crisis of energy and raw materials, a real blessing for a system which, in the mirror of production, only reflects a fluctuating, empty form. The crisis will enable the return of a lost referentiality to the economic code, and will give the principle of production a gravity that evaded it. We will rediscover a taste for ascesis, that pathetic investment born of lack and deprivation.

The whole recent ecological turn had already taken up this process of regeneration during the crisis -- no longer a crisis of overproduction as in 1929 -- of the involution of the system, recycling its lost identity. [25] A crisis no longer of production, but of reproduction (hence the impossibility of grasping how much truth and how much simulacrum there may be in this crisis). Ecology is production haunted by shortages and using itself as a resource, once more discovering a natural necessity where the law of value is tried out again. But ecology is too slow. A sudden crisis, as happened with oil, constitutes a more energetic therapy. The less oil there is, the more we will become aware of how much production there is. From the moment that the place of raw materials is noted again, labour power will also resume its rightful place, and the entire mechanism of production will become intelligible once more. Production has been given another chance.

So don't panic. On the eve of the intensive mobilisation of labour power, when the ethics of labour power threatened to collapse, the crisis of material energy came at the right time to mask the truly catastrophic destruction of the finality of production, and displaced it onto a simple internal contradiction (but we know that the system thrives on its contradictions).

There is still an illusion in thinking that the capitalist system, at a certain threshold of increased reproduction, passes irreversibly from a strategy of shortage to a strategy of abundance. The current crisis proves that this strategy is reversible. The illusion still comes from a naïve faith in a reality of shortage or a reality of abundance, and therefore from the illusion of a real opposition between these two terms. When these two terms are quite
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simply alternatives, the strategic definition of neo-capitalism is to pass into not a phase of abundance (consumption, repressive desublimation, sexual liberation, etc.) but a phase of systematic alternation between the two terms -- shortage and abundance -- because neither retains a reference, nor therefore an antagonistic reality, and therefore because the system is indifferent to which one it employs.

The indeterminacy affecting terms, the neutralisation of a dialectical opposition into a pure and simple structural alternation, produces the characteristic effect of an uncertainty surrounding the reality of the crisis. Everyone tries to stave off the unbearable simulacrum-effect -- characteristic of everything that issues from the systematic operation of the code -- as a conspiracy. It is comforting to think that it was `great capital' that provoked the crisis, because it restores a real political-economic agency and the presence of a (hidden) subject of the crisis, and therefore an historical truth. The terror of the simulacrum is over. So much the better: it is better to have the omnipresent political-economic fatality of capital than not, so long as it is clearly true. Better the economic atrocities of capital -- profit, exploitation -- than to face up to the situation we are in, where everything operates or breaks down through effects of the code. Misconstrual [méconnaissance] of the `truth' of this global domination (if there is a global domination) is proportional to the crisis itself, where it is revealed for the first time on a massive scale.

The 1929 crisis was still a crisis of capital, measured by its rates of reinvestment, surplus-value and profit, a crisis of (over)production measured by the social finalities of consumption. The crisis is resolved by regulating demand in an endless exchange of finalities between production and consumption. From now on (and conclusively after the Second World War), production and consumption cease to be opposed and possibly contradictory poles. At a stroke, the entire economic field loses all internal determinacy along with the very possibility of a crisis. It no longer survives except as a process of economic simulation at the fringes of a process of reproduction, into which it is entirely absorbed. [26]

Have there ever been real shortages to grant the economic principle a reality, so that today we could say that it is disappearing and no longer functions save as a myth, an alternative myth, moreover, to that of abundance? In the course of history, have shortages ever had a use-value, an irreducible economic finality, so that today we could say that it has disappeared in the cycle of reproduction, merely consolidating the code's hegemonic control over genuine matters of life and death? We are saying that in order for the economy to produce itself (and this is all it ever produces), it needs this dialectical tension between scarcity and abundance. For the system to reproduce itself, however, it now requires only the mythical operation of the economy.

It is because the entire economic sphere has been defused that everything can be expressed in terms of political economy and production. Economics, preferably in its Marxian variety, becomes the explicit discourse
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of a whole society, the vulgate of every analysis. Sociologists, human scientists, etc. (even Christians, especially Christians of course), turn to Marxism as the discourse to which they refer. A whole new Divine Left is rising. Everything has become `political' and `ideological' by the same endless drift of the operation of integration. The newsflash is political, sport is political, not to mention art: reason is everywhere on the side of the class struggle. The entire latent discourse of capital has become manifest, we notice a widespread jubilation secure in the assumption of this `truth'.

May '68 marked the decisive step in the naturalisation of political economy. Because the shock of May '68 shook the system down to the depths of its symbolic organisation, it has given urgency to a vital transition from `superstructural' (moral, cultural, etc.) ideologies to an ideologisation of the infrastructure itself. By giving official status to oppositional discourse, capital will consolidate its power under cover of economic and political legislation. Political economy, Marxian political economy, has sealed the rift of May '68, just as the unions and the left-wing parties `negotiated' the crisis on the ground. The hidden referent of economics and politics has therefore been dug up only in order to retrieve a catastrophic situation, and today it continues to be circulated, generalised and desperately reproduced, since the catastrophic situation opened up by May '68 is not over.

If we dared, we would say that economics and its critique are only superstructural; we will not dare, however, since to do so would only be to twist this old image around -- where would the infrastructure be then? Etc. It would also provide economics with a chance to reappear one day in accordance with the see-saw effect which itself belongs to the code. We have been tricked too often with the infrastructure to start this mask-play up again. The system itself has put an end to infra-- and superstructural determinations. Today it pretends to take political economy as the infrastructure because Marx kindly whispered this alternative strategy to it, but actually capital has never really functioned on this imaginary distinction, it is not that naïve. Its potency comes directly from its simultaneous development at every level, and from never having fundamentally posed itself the question of determination, the cunning distinction of agencies, or `ideology'. It has never confused itself with production, as did Marx and every subsequent revolutionary who believed and still believes in production, confusing their phantasies with their lunatic hopes. For its part, capital is content to extend its laws in a single movement, inexorably occupying all the interstices of life without confusing its priorities. If it has set men to work, capital has also impelled them to culture, needs, languages and functional idioms, information and communication; it directs them to rights, to liberty and sexuality, it forces the instinct of preservation and the death instinct upon them; it has set them up everywhere in accordance with myths that are simultaneously opposed and indifferent. This is its only law: indifference. To set up a hierarchy of
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agencies would be far too dangerous a game, and would run the risk of backfiring. No, better to level out, neutralise, cover over and indifferentiate, which is what it knows how to do; that's how it follows its law. But it also dissimulates this fundamental process under the `determinant' mask of political economy.

In the immense polymorphous machine of contemporary capital, the symbolic (gift and counter-gift, reciprocity and reversal, expenditure and sacrifice) no longer counts for anything, nature (the great referential of the origin and substance, the subject/object dialectic, and so on) no longer counts, political economy itself only survives in a brain-dead state, but all these phantoms continue to plague the operational field of value. Perhaps here, on an immense scale, we can discern the echo of what Marx drew to our attention: every event first passes through an historical existence before being revived under a parodical form. In our day, however, these two phases telescope, since good old materialist history has itself become a process of simulation, no longer even offering the chance of a grotesque, theatrical parody: today the terror based on things voided of their substance exerts itself directly, and simulacra immediately anticipate every determination of our lives. Now, rather than theatre and the imaginary, there is a fierce strategy of neutralisation that no longer leaves any significant place for a Napoleon III-type slapstick, an historical farce which, to Marx's mind, is effortlessly overcome by real history. It is a different matter as regards the simulacra which eliminate both ourselves and history simultaneously. But perhaps all this arises from a general illusion in Marx concerning the possibilities for a revolution of the system. He had clearly seen the extent to which there already lurked in capital in his own time a capacity for it to undermine its own bases and go `into overdrive'. He clearly saw that capital tended to reduce, if not totally eliminate, the labour power in its processes, and substitute a dead labour power for it. Since, however, he thought that living labour power was the objective, historical and necessary foundation of capital, he could only think that it was digging its own grave. The illusion is that capital buried labour power. More subtly, however, it turns labour power into the second term of a stable opposition with capital. It makes this rupturing energy which should shatter the relations of production into a term homogeneous with the relations of production, in a simulation of opposition under the sign of dead labour. From now on a single hegemonic agency (dead labour) divides into capital and living labour. The antagonism is resolved by a binary apparatus of coded operativity. But what, you might ask, of surplus-value and production? Alright, capital doesn't give a damn. Without lending capital a Marxist's intuition (even though Marx did everything he could to alert capital to what was waiting for it: if it persisted in playing on the terrain of production, it was heading for its death in the short term -- the economy was a fatal trap for capital), everything happened as if it had clearly understood Marx on this point and had, in consequence, `chosen' to liquidate production so as to go onto another kind of strategy. I am saying
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that everything happens as if, because it is not completely certain that capital ever had this productivist view of itself (Marx was basically the only one who had, and he projected this phantasy onto it as an historical truth); it is more likely that it only ever played at production, even if this meant that production had to be abandoned at a later stage, were it to draw capital into fatal contradictions. Has capital ever taken production seriously? Don't be so stupid: at the height of the seriousness of production, capital is doubtless only a simulation.

That is why the only acts that accompany capital's real domination are situated in the field of this radical indeterminacy and break with this dissuasive economic strategy.

We will not destroy the system by a direct, dialectical revolution of the economic or political infrastructure. Everything produced by contradiction, by the relation of forces, or by energy in general, will only feed back into the mechanism and give it impetus, following a circular distortion similar to a Moebius strip. We will never defeat it by following its own logic of energy, calculation, reason and revolution, history and power, or some finality or counter-finality. The worst violence at this level has no purchase, and will only backfire against itself. We will never defeat the system on the plane of the real: the worst error of all our revolutionary strategies is to believe that we will put an end to the system on the plane of the real: this is their imaginary, imposed on them by the system itself, living or surviving only by always leading those who attack the system to fight amongst each other on the terrain of reality, which is always the reality of the system. This is where they throw all their energies, their imaginary violence, where an implacable logic constantly turns back into the system. We have only to do it violence or counter-violence since it thrives on symbolic violence -- not in the degraded sense in which this formula has found fortune, as a violence `of signs', from which the system draws strength, or with which it `masks' its material violence: symbolic violence is deduced from a logic of the symbolic (which has nothing to do with the sign or with energy): reversal, the incessant reversibility of the counter-gift and, conversely, the seizing of power by the unilateral exercise of the gift. [27]

We must therefore displace everything into the sphere of the symbolic, where challenge, reversal and overbidding are the law, so that we can respond to death only by an equal or superior death. There is no question here of real violence or force, the only question concerns the challenge and the logic of the symbolic. If domination comes from the system's retention of the exclusivity of the gift without counter-gift -- the gift of work which can only be responded to by destruction or sacrifice, if not in consumption, which is only a spiral of the system of surplus-gratification without result, therefore a spiral of surplus-domination; a gift of media and messages to which, due to the monopoly of the code, nothing is allowed to retort; the gift, everywhere and at every instant, of the social, of the protection agency, security, gratification and the solicitation of the social from which nothing is any longer permitted to escape -- then the only solution is to turn
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the principle of its power back against the system itself: the impossibility of responding or retorting. To defy the system with a gift to which it cannot respond save by its own collapse and death. Nothing, not even the system, can avoid the symbolic obligation, and it is in this trap that the only chance of a catastrophe for capital remains. The system turns on itself, as a scorpion does when encircled by the challenge of death. For it is summoned to answer, if it is not to lose face, to what can only be death. The system must itself commit suicide in response to the multiplied challenge of death and suicide.

So hostages are taken. On the symbolic or sacrificial plane, from which every moral consideration of the innocence of the victims is ruled out, the hostage is the substitute, the alter-ego of the `terrorist' -- the hostage's death for the terrorist's. Hostage and terrorist may thereafter become confused in the same sacrificial act. The stakes are death without any possibility of negotiation, and therefore return to an inevitable overbidding. Of course, they attempt to deploy the whole system of negotiation, and the terrorists themselves often enter into this exchange scenario in terms of this calculated equivalence (the hostages' lives against some ransom or liberation, or indeed for the prestige of the operation alone). From this perspective, taking hostages is not original at all, it simply creates an unforeseen and selective relation of forces which can be resolved either by traditional violence or by negotiation. It is a tactical action. There is something else at stake, however, as we clearly saw at The Hague over the course of ten days of incredible negotiations: no-one knew what could be negotiated, nor could they agree on terms, nor on the possible equivalences of the exchange. Or again, even if they were formulated, the `terrorists' demands' amounted to a radical denial of negotiation. It is precisely here that everything is played out, for with the impossibility of all negotiation we pass into the symbolic order, which is ignorant of this type of calculation and exchange (the system itself lives solely by negotiation, even if this takes place in the equilibrium of violence). The system can only respond to this irruption of the symbolic (the most serious thing to befall it, basically the only `revolution') by the real, physical death of the terrorists. This, however, is its defeat, since their death was their stake, so that by bringing about their deaths the system has merely impaled itself on its own violence without really responding to the challenge that was thrown to it. Because the system can easily compute every death, even war atrocities, but cannot compute the death-challenge or symbolic death, since this death has no calculable equivalent, it opens up an inexpiable overbidding by other means than a death in exchange. Nothing corresponds to death except death. Which is precisely what happens in this case: the system itself is driven to suicide in return, which suicide is manifest in its disarray and defeat. However infinitesimal in terms of relations of forces it might be, the colossal apparatus of power is eliminated in this situation where (the very excess of its) derision is turned back against itself. The police and the army, all the institutions and mobilised violence of power whether individually or
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massed together, can do nothing against this lowly but symbolic death. For this death draws it onto a plane where there is no longer any response possible for it (hence the sudden structural liquefaction of power in '68, not because it was less strong, but because of the simple symbolic displacement operated by the students' practices). The system can only die in exchange, defeat itself to lift the challenge. Its death at this instant is a symbolic response, but a death which wears it out.

The challenge has the efficiency of a murderer. Every society apart from ours knows that, or used to know it. Ours is in the process of rediscovering it. The routes of symbolic effectiveness are those of an alternative politics.

Thus the dying ascetic challenges God ever to give him the equivalent of this death. God does all he can to give him this equivalent `a hundred times over', in the form of prestige, of spiritual power, indeed of global hegemony. But the ascetic's secret dream is to attain such an extent of mortification that even God would be unable either to take up the challenge, or to absorb the debt. He will then have triumphed over God, and become God himself. That is why the ascetic is always close to heresy and sacrilege, and as such condemned by the Church, whose function it is merely to preserve God from this symbolic face-to-face, to protect Him from this mortal challenge where He is summoned to die, to sacrifice Himself in order to take up the challenge of the mortified ascetic. The Church will have had this role for all time, avoiding this type of catastrophic confrontation (catastrophic primarily for the Church) and substituting a rule-bound exchange of penitences and gratifications, the impressario of a system of equivalences between God and men.

The same situation exists in our relation to the system of power. All these institutions, all these social, economic, political and psychological mediations, are there so that no-one ever has the opportunity to issue this symbolic challenge, this challenge to the death, the irreversible gift which, like the absolute mortification of the ascetic, brings about a victory over all power, however powerful its authority may be. It is no longer necessary that the possibility of this direct symbolic confrontation ever takes place. And this is the source of our profound boredom.

This is why taking hostages and other similar acts rekindle some fascination: they are at once an exorbitant mirror for the system of its own repressive violence, and the model of a symbolic violence which is always forbidden it, the only violence it cannot exert: its own death.

Labour and Death

Other societies have known multiple stakes: over birth and kinship, the soul and the body, the true and the false, reality and appearance. Political economy has reduced them to just one: production. But then the stakes were large, the violence extreme and hopes too high. Today this is over. The system has rid production of all real stakes. A more radical truth is
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dawning, however, and the system's victory allows us to glimpse this fundamental stake. It is even retrospectively becoming possible to analyse the whole of political economy as having nothing to do with production, as having stakes of life and death. A symbolic stake.

Every stake is symbolic. There have only ever been symbolic stakes. This dimension is etched everywhere into the structural law of value, everywhere immanent in the code.

Labour power is instituted on death. A man must die to become labour power. He converts this death into a wage. But the economic violence capital inflicted on him in the equivalence of the wage and labour power is nothing next to the symbolic violence inflicted on him by his definition as a productive force. Faking this equivalence is nothing next to the equivalence, qua signs, of wages and death.

The very possibility of quantitative equivalence presupposes death. The equivalence of wages and labour power presupposes the death of the worker, while that of any commodity and any other presupposes the symbolic extermination of objects. Death makes the calculation of equivalence, and regulation by indifference, possible in general. This death is not violent and physical, it is the indifferent consumption of life and death, the mutual neutralisation of life and death in sur-vival, or death deferred.

Labour is slow death. This is generally understood in the sense of physical exhaustion. But it must be understood in another sense. Labour is not opposed, like a sort of death, to the `fulfilment of life', which is the idealist view; labour is opposed as a slow death to a violent death. That is the symbolic reality. Labour is opposed as deferred death to the immediate death of sacrifice. Against every pious and `revolutionary' view of the `labour (or culture) is the opposite of life' type, we must maintain that the only alternative to labour is not free time, or non-labour, it is sacrifice.

All this becomes clear in the genealogy of the slave. First, the prisoner of war is purely and simply put to death (one does him an honour in this way). Then he is `spared' [épargné] and conserved [conservé] (=servus), under the category of spoils of war and a prestige good: he becomes a slave and passes into sumptuary domesticity. It is only later that he passes into servile labour. However, he is no longer a `labourer', since labour only appears in the phase of the serf or the emancipated slave, finally relieved of the mortgage of being put to death. Why is he freed? Precisely in order to work.

Labour therefore everywhere draws its inspiration from deferred death. It comes from deferred death. Slow or violent, immediate or deferred, the scansion of death is decisive: it is what radically distinguishes two types of organisation, the economic and the sacrificial. We live irreversibly in the first of these, which has inexorably taken root in the différance of death.

The scenario has never changed. Whoever works has not been put to death, he is refused this honour. And labour is first of all the sign of being judged worthy only of life. Does capital exploit the workers to death? Paradoxically, the worst it inflicts on them is refusing them death. It is by
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deferring their death that they are made into slaves and condemned to the indefinite abjection of a life of labour.

The substance of labour and exploitation is indifferent in this symbolic relation. The power of the master always primarily derives from this suspension of death. Power is therefore never, contrary to what we might imagine, the power of putting to death, but exactly the opposite, that of allowing to live -- a life that the slave lacks the power to give. The master confiscates the death of the other while retaining the right to risk his own. The slave is refused this, and is condemned to a life without return, and therefore without possible expiation.

By removing death, the master removes the slave from the circulation of symbolic goods. This is the violence the master does to the slave, condemning him to labour power. There lies the secret of power (in the dialectic of the master and the slave, Hegel also derives the domination of the master from the deferred threat of death hanging over the slave). Labour, production and exploitation would only be one of the possible avatars of this power structure, which is a structure of death.

This changes every revolutionary perspective on the abolition of power. If power is death deferred, it will not be removed insofar as the suspension of this death will not be removed. And if power, of which this is always and everywhere the definition, resides in the act of giving without being given, it is clear that the power the master has to unilaterally grant life will only be abolished if this life can be given to him -- in a non-deferred death. There is no other alternative; you will never abolish this power by staying alive, since there will have been no reversal of what has been given. Only the surrender of this life, retaliating against a deferred death with an immediate death, constitutes a radical response, and the only possibility of abolishing power. No revolutionary strategy can begin without the slave putting his own death back at stake, since this is what the master puts off in the différance from which he profits by securing his power. Refuse to be put to death, refuse to live in the mortal reprieve of power, refuse the duty of this life and never be quits with living, in effect be under obligation to settle this long-term credit through the slow death of labour, since this slow death does not alter the future of this abject dimension, in the fatality of power. Violent death changes everything, slow death changes nothing, for there is a rhythm, a scansion necessary to symbolic exchange: something has to be given in the same movement and following the same rhythm, otherwise there is no reciprocity and it is quite simply not given. The strategy of the system of power is to displace the time of the exchange, substituting continuity and mortal linearity for the immediate retaliation of death. It is thus futile for the slave (the worker) to give little by little, in infinitesimal doses, to the rope of labour on which he is hung to death, to give his life to the master or to capital, for this `sacrifice' in small doses is no longer a sacrifice -- it doesn't touch the most important thing, the différance of death, and merely distils a process whose structure remains the same.

We could in fact advance the hypothesis that in labour the exploited
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renders his life to the exploiter and thereby regains, by means of this very exploitation, a power of symbolic response. There was counter-power in the labour process as the exploited put their own (slow) death at stake. Here we agree with Lyotard's hypothesis on the level of libidinal economics: the intensity of the exploited's enjoyment [jouissance] in their very abjection. And Lyotard is right. Libidinal intensity, the charge of desire and the surrendering of death are always there in the exploited, [28] but no longer on the properly symbolic rhythm of the immediate retaliation, and therefore total resolution. The enjoyment of powerlessness (on sole condition that this is not a phantasy aimed at reinstating the triumph of desire at the level of the proletariat) will never abolish power.

The very modality of the response to the slow death of labour leaves the master the possibility of, once again, repeatedly, giving the slave life through labour. The accounts are never settled, it always profits power, the dialectic of power which plays on the splitting of the poles of death, the poles of exchange. The slave remains the prisoner of the master's dialectic, while his death, or his distilled life, serves the indefinite repetition of domination.

This domination increases as the system is charged with neutralising the symbolic retaliation by buying it back through wages. If, through labour, the exploited attempts to give his life to the exploiter, the latter wards off this restitution by means of wages. Here again we must take a symbolic radiograph. Contrary to all appearances and experience (capital buys its labour power from the worker and extorts surplus labour), capital gives labour to the worker (and the worker himself gives capital to the capitalist). In German this is Arbeitgeber: the entrepreneur is a `provider of labour'; and Arbeitnehmer: it is the capitalist who gives, who has the initiative of the gift, which secures him, as in every social order, a pre-eminence and a power far beyond the economic. The refusal of labour, in its radical form, is the refusal of this symbolic domination and the humiliation of being bestowed upon. The gift and the taking of labour function directly as the code of the dominant social relation, as the code of discrimination. Wages are the mark of this poisonous gift, the sign which epitomises the whole code. They sanction this unilateral gift of labour, or rather wages symbolically buy back the domination exercised by capital through the gift of labour. At the same time, they furnish capital with the possibility of confining the operation to a contractual dimension, thus stabilising confrontation on economic ground. Furthermore, wages turn the wage-earner into a `consumer of goods', reiterating his status as a `consumer of labour' and reinforcing his symbolic deficit. To refuse labour, to dispute wages is thus to put the process of the gift, expiation and economic compensation back into question, and therefore to expose the fundamental symbolic process.

Wages are no longer `grabbed' today. You too are given a wage, not in exchange for labour, but so that you spend it, which is itself another kind of labour. In the consumption or use of objects, the wage-consumer finds
[p. 42]
herself reproducing exactly the same symbolic relation of slow death as she undergoes in labour. The user experiences exactly the same deferred death in the object (she does not sacrifice it, she `uses' it and `uses' it functionally) as the worker does in capital. And just as wages buy back this unilateral gift of labour, the price paid for the object is only the user buying back the object's deferred death. The proof of this lies in the symbolic rule which states that what falls to you without charge (lotteries, presents, gambling wins) must not be devoted to use, but spent as pure loss.

Every domination must be bought back, redeemed. This was formerly done through sacrificial death (the ritual death of the king or the leader), or even by ritual inversion (feasts and other social rites: but these are still forms of sacrifice). This social game of reversal comes to an end with the dialectic of the master and the slave, where the reversibility of power cedes its place to a dialectic of the reproduction of power. The redemption of power must always, however, be simulated, and this is done by the apparatus of capital where formal redemption takes place throughout the immense machine of labour, wages and consumption. Economics is the sphere of redemption par excellence, where the domination of capital manages to redeem itself without ever really putting itself at stake. On the contrary, it diverts the process of redemption into its own infinite reproduction. This is perhaps where we find the necessity of economics and its historical appearance, at the level of societies so much more vast and mobile than primitive groups, where the urgency of a system of redemption which could be measured, controlled and infinitely extended (which rituals cannot be) all at the same time, and which above all would not put the exercise and heredity of power back into question. Production and consumption are an original and unprecedented solution to this problem. By simulating redemption in this new form, the slide from the symbolic into the economic allows the definitive hegemony of political force over society to be secured.

Economics miraculously succeeds in masking the real structure of power by reversing the terms of its definition. While power consists in unilateral giving (of life in particular, see above), a contrary interpretation has been successfully imposed: power would consist in a unilateral taking and appropriation. Under cover of this ingenious retraction, real symbolic domination can continue to do as it will, since all the efforts of those under this domination will rush into the trap of taking back from power what it has taken from them, even `taking power' themselves, thus blindly pushing on along the lines of their domination.

In fact, labour, wages, power and revolution must all be read against the grain:

-- labour is not exploitation, it is given by capital;

-- wages are not grabbed, capital gives them too -- it does not buy a labour power, it buys back the power of capital; [29]
[p. 43]

-- the slow death of labour is not endured, it is a desperate attempt, a challenge to capital's unilateral gift of labour;

-- the only effective reply to power is to give it back what it gives you, and this is only symbolically possible by means of death.

However, if, as we have seen, the system itself deposes economics, removes its substance and its credibility, then, in this perspective, doesn't it put its own symbolic domination back into question? No, since the system brings about the overall reign of its power strategy, the gift without counter-gift, which becomes fused with deferred death. The same social relations are set up in the media and in consumption, where we have seen (`Requiem pour les Media' [Utopie, 4, 1971]) that there is no possible response or counter-gift to the unilateral delivery of messages. We were able to interpret (CERFI's project concerning automobile accidents) auto-slaughter as

the price that the collective pays to its institutions ...: the State's gifts inscribe a ´debt' in the collective accounts book. Gratuitous death is then merely an attempt to absorb this deficit. The blood on the roads is a desperate form of compensation for the State's tarmac gifts. The accident thus takes its place in the space that institutes a symbolic debt towards the State. It is likely that the more this debt grows, the more marked will be the tendency towards the accident. Every `rational' strategy for curbing this phenomenon (prevention, speed limits, rescue services, repression) is effectively negligible. They simulate the possibility of integrating the accident into a rational system, and are therefore incapable of grasping the root of the problem: balancing a symbolic debt which founds, legitimates and reinforces the collective dependency on the State. On the contrary, these `rational' strategies accentuate the phenomenon. In order to avert the effects of accidents, they propose to institute more mechanisms, more state institutions, supplementary `gifts', which are simply means of aggravating the symbolic debt.

In this way the struggle is everywhere opposed to a political authority (cf. Pierre Clastres, Society against the State [tr. R. Hurley and A. Stein, New York: Zone Books, 1990]), which sets all the power it can draw from its showers of gifts -- the survival it maintains and the death it withdraws -- above the struggle in order to stockpile and then distil it for its own ends. Nobody really accepts this bonus forever, you give what you can, [30] but power always gives more so as to serve better, and an entire society or a few individuals can go to great lengths, even their own destruction, to put an end to it. This is the only absolute weapon, and the mere collective threat of it can make power collapse. Power, faced with this symbolic `blackmail' (the barricades of '68, hostage-taking), loses its footing: since it thrives on my slow death, I will oppose it with my violent death. And it is because we are living with slow death that we dream of a violent death. Even this dream is unbearable to power.
[p. 49]

1: The End of Production


[p. nts]

Note from page 7: 1. If it were only a question of the ascendancy of exchange-value over use-value (or the ascendancy of the structural over the functional dimension of language), then Marx and Saussure have already signalled it. Marx almost turns use-value into the medium or the alibi, pure and simple, of exchange-value. His entire analysis is based on the principle of equivalence at the core of the system of exchange-value. But if equivalence is at the core of the system, there is no indeterminacy in the global system (there is always a dialectical determinacy and finality of the mode of production). The current system, however, is itself based on indeterminacy, and draws impetus from it. Conversely, it is haunted by the death of all determinacy.

Note from page 7: 2. [See Jean Baudrillard, For a Critique of the Political Economy of the Sign, tr. Charles Levin, St Louis, MO: Telos, 1972 -- tr.]

Note from page 9: 3. Theoretical production, like material production, loses its determinacy and begins to turn around itself, slipping abysally [en abyme] towards a reality that cannot be found. This is where we are today: undecidability, the era of floating theories, as much as floating money. No matter what perspective they come from (the psychoanalytic included), no matter with what violence they struggle and claim to rediscover an immanence, or a movement without systems of reference (Deleuze, Lyotard, etc.), all contemporary theories are floating and have no meaning other than to serve as signs for one another. It is pointless to insist on their coherence with some `reality', whatever that might be. The system has removed every secure reference from theory as it has from any other labour power. Theory no longer has any use-value, the theoretical mirror of production has also cracked. So much the better. What I mean is that the very undecidability of theory is an effect of the code. Let there be no illusions: there is no schizophrenic `drift' about this flotation of theories, where flows pass freely over the body without organs (of what, capital?). It merely signifies that any theory can from now on be exchanged against any other according to variable exchange rates, but without any longer being invested anywhere, unless it is the mirror of their writing.

Note from page 10: 4. [Cf. Jean-François Lyotard, Libidinal Economy, tr. I. H. Grant, London: Athlone, 1992 -- tr.]

Note from page 13: 5.[In English in the original -- tr.]

Note from page 14: 6. [In English in the original -- tr.]

Note from page 17: 7. Marx, that cunning Jesuit, was not far from recognising this with his concept of the collective labourer:
The product is transformed from the direct product of the individual producer into a social product, the joint product of a collective labourer, i. e., a combination of workers, each of whom stands at a different distance from the actual manipulation of the object of labour. With the progressive accentuation of the co-operative character of the labour process, there necessarily occurs a progressive extension of the concept of productive labour, and of the concept of the bearer of that labour, the productive worker. In order to work productively, it is no longer necessary for the individual himself to put his hand to the object; it is sufficient for him to be an organ of the collective labourer, and to perform any one of its subordinate functions. The definition of productive labour given above, the original definition, is derived from the nature of material production itself, and it remains correct for the collective labourer, considered as a whole. But it no longer holds good for each member taken individually. (Capital, pp. 643-4 [J. B.'s emphases])

Note from page 18: 8. Free time is, so to speak, a form of `complex labour', in the sense that, as opposed to simple labour, it accords with the definition of service: solidarity of the prestation and the prestator, non-equivalence to a time of abstract social labour, non-equivalence to a wage which reproduces labour power. Marx would have been able to see this were he not myopically concerned with productive labour and the multiple distinctions which together tend to salvage the subject of history: the productive worker. `The reification of labour power, driven to perfection, would shatter the reified form by cutting the chain that ties the individual to the machinery', writes Marcuse. `[Automation] would open the dimension of free time as the one in which man's private and societal existence would constitute itself' (Herbert Marcuse, One Dimensional Man [London: Routledge & Kegan Paul, 1964], p. 37). Instead of phantasising over free time, Marcuse understood that the system, throughout the technical progress and automation, produces free time as the extreme reification of labour power, as the accomplished form of abstract social labour time, simply by being the inverted simulation of non-labour.
Job training, qualification and education, etc., are other forms of complex labour. There is also a temptation to analyse them in terms of surplus-value, of the reinvestment by capital of science, training and research, of a constant capital superadded to the ordinary worker. Adam Smith writes: `A man educated at the expense of much labour and time ... may be compared to one of those expensive machines' (The Wealth of Nations [Oxford: Oxford University Press, 1976] Vol. 1, p. 118). This is an error. Instruction, education and training are not long-term investments. They are rather the direct social relation of domestication and control. Capital doesn't look for any complex labour in this, but indulges in absolute waste, sacrificing an enormous part of its `surplus-value' in the reproduction of its hegemony.

Note from page 18: 9. Paid unemployment already provides an example of this (one year of severance pay in France at the time of writing). In certain other countries, however, it has been replaced by a `negative taxation' scheme, which provides for a basic minimum wage for all, housewives, the handicapped, the young unemployed, to be deducted from eventual paid labour. Unemployment quite simply disappears here as a critical conjunction (with all the political implications it used to have). Labour becomes an option, while wages become a certificate of existence, an automatic inscription in the social apparatus. Capital still remains as wages, but this time in its pure form -- freed from a labour (as the signifier, following Saussure's analogy, was freed from the signified) which was only an occasional content of capital.

Note from page 18: 10. Throughout the social evolution of housing, we can see how capital's strategy has displaced itself from an economic process to an extensive process.
In the beginning, workers' housing was simply a `dorm', a branch of the factory, a functional site for the reproduction of labour power, a strategic site for both manufacture and business. Housing was not invested with the form of capital.
Gradually, housing is invested as a space-time marked by a direct and generalised process of the control of social space. It becomes a site of reproduction, not of labour, but of the habitat itself as a specific function, as a direct form of social relation; no longer the reproduction of the worker, but of the inhabitant herself, the user. After the proletariat, the `user' has become the ideal type of the industrial slave. The user of goods, of words, the user of sex, the user of labour herself (the worker, or the `agent of production', becomes the user of the factory and of her labour as individual and collective equipment, as a social service), the user of transport, but also the user of her life and death.
This decentred, extensive strategy, this all-out attack, the use or appropriation of use-value is the ultimate form of the self-management of social control.

Note from page 19: 11. Thus the Californian utopia of the cybernetic disintegration of the `tertiary metropolis': home-based computer labour. Labour is pulverised into every pore of society and everyday life. As well as labour power, the space-time of labour also ceases to exist: society constitutes nothing but a single continuum of the processes of value. Labour has become a way of life. Nothing can reinstate the factory walls, the golden age of the factory and class struggle against the ubiquity of capital, surplus-value and labour, against their inevitable disappearance as such. The worker merely nourishes the imaginary of the struggle, just as the cop nourishes the imaginary of repression.

Note from page 19: 12. The concept of surplus-value has simply lost any meaning as regards a system which, from reproducing labour power in order to generate profit and surplus-value, has now become reproductive of life in its entirety through advanced redistribution or reinjection of every equivalent of social surplus labour. From this point on, surplus-value is everywhere and nowhere. Capital no longer has any `incidental expenses', nor on the other hand has it any `profit' in the sense of a unilateral extortion. The law of the system requires that you give yourself up to its redistributions in order that it circulates and that each and everyone, caught in the tightly woven net of this incessant redistribution, might become a manager, while the whole group becomes able to manage its own surplus-value, thus implicating oneself fundamentally within the everyday political order of capital. And just as, viewed from the point of view of capital, surplus-value has lost all meaning, it has also lost all meaning from the point of view of the exploited. The distinction between a fraction of labour returning as a wage and a remainder called surplus-value has lost all meaning from the point of view of the worker who used to reproduce her labour power as a wage, but now reproduces her entire life in a generalised process of labour.

Note from page 19: 13. [Baudrillard is playing on the French term investissement, used to translate Freud's Besestzung, rendered in English as `cathexis'. The French term covers the political and libidinal economic sense of `investment' as well as the military sense of the `occupation' of hostile territory -- tr.]

Note from page 20: 14. Other parallel forms of maximalist reversal: equal wages for all, the struggle against qualifications. All these forms seek the end of the division of labour (the end of labour as social relation) and the end of the law of equivalence in the field of wages and labour power, which is of fundamental importance for the system. Therefore they indirectly target the very form of political economy.

Note from page 20: 15. This same phenomenon arises in the `developing' countries. There is no upper limit to the cost of raw materials once they, outside the grasp of economics, become the sign and the gauge of the acceptance of a global political order, a peaceful planetary co-existence where the developing countries are forcibly socialised under the great powers. The escalation of prices then becomes a challenge, not only to the wealth of the Western countries, but also to the political system of peaceful co-existence in the face of a single predominant global political class. Whether this class is capitalist or communist is of minor importance.
Before the oil crisis, the Arabs made traditional wage demands: petrol must be sold at the right price. Now, however, these demands have turned around and become unlimited and maximal.

Note from page 21: 16. The energy crisis gave both `types' of inflation an alibi and a perfect deterrent in one go. From this point on, inflation as a structural crisis internal to the system may be plausibly blamed on the `Overvaluation' of energy and raw materials by the countries that produce them. Disaffection with the productivist system, which, amongst other things, is expressed in the maximal wage challenge, may be counteracted by the threat of poverty, that is, by threatening the use-value of the economic system itself.

Note from page 23: 17. [See Gilles Deleuze and Félix Guattari, Anti-Oedipus: Capitalism and Schizophrenia I, tr. R. Hurley, M. Seem and H. R. Lane, London: Athlone, 1984, for an exposition of the `Deleuzian unconscious' -- tr.]

Note from page 24: 18. This intervention, however, is not exclusive of any other group deprived of social representation. When young women, high school students, homosexuals and even `proles' become `savages', or if we admit that basically the unions do not represent them at all, but only themselves, then we all in like manner become `immigrants'. On the other hand, these groups might cease to be `immigrants'. There are then no `immigrants as such', and they do not constitute a new historical subject, a neo-proletariat who would take over as the other.

Note from page 24: 19. [Confédération générale du travail, the French Trades Union Congress -- tr.]

Note from page 29: 20. [For an exposition of the Great Confinement, see Michel Foucault, Madness and Civilisation, tr. Richard Howard, London: Tavistock, 1967 -- tr.]

Note from page 31: 21. As an illustration of this, we might analyse an advert for the Banque Nationale de Paris (BNP), which reads: `I am interested in your money -- fair's fair -- lend me your money and you may profit from my bank.'
To begin with, this is the first time that capital (in its front line institution, namely international finance capital) has so clearly and openly stated the law of equivalence, and, surprisingly, in the form of an advertising slogan. These things are usually unstated; commercial exchange is seen as immoral, and all publicity tries to cover this up as a matter of urgency. We may therefore be sure that this candour is a second-degree mask. Secondly, its apparent aim is to convince people on economic grounds to do themselves a good turn and take their money to the BNP. Its real strategy remains unofficial, however: to convince people by this `man to man' capitalist openness, saying `let's not be sentimental about this', `no more of the ideology of dependence', `cards on the table', etc., and so to seduce people by means of the obscenity of revealing the hidden, immoral law of equivalence. This is a `macho' complicity where men share the obscene truth of capital. Hence the smell of lechery about his advert, the salaciousness and smuttiness of the eyes glued to your money as if it were your genitals. The technique used by the advert is a perverse provocation which is much more subtle than the simplistic seduction of the smile (such as was the theme of the Société Générale's [a bank -- tr.] counter-offensive: `It is not the banker who should smile, but the client'). People are seduced by the obscenity of the economic, taken to the level of the perverse fascination that the very atrocity of capital exercises on them. From this perspective the slogan quite simply signifies: `I am interested in your arse -- fair's fair -- lend me your buttocks and I'll bugger you', which is not to everyone's distaste.
Behind the humanist morality of exchange there is a profound desire for capital, a vertiginous desire for the law of value; and this complicity, both economic and non-economic, is what the advert, perhaps without knowing it, seeks to recover, testifying to an intuition for politics.
Thirdly, the advertising executives could not have been unaware that this advert, with its vampiric image, scared the middle classes, so that to emphasise their lecherous complicity with this direct attack would provoke negative reactions. Why did they take this risk? Here we have the strangest trap: the advert was made to consolidate the resistance to the law of profit and equivalence so as to be better able to impose the equivalence of capital, profit, and the economic in general (the `fair's fair') at a time when this is no longer true, when capital has displaced its strategy and so is able to state its `law' since it is no longer its truth. Announcing this law is nothing more than a supplementary mystification.
Capital no longer thrives on the rule of any economic law, which is why the law can be made into an advertising slogan, falling into the sphere of the sign and its manipulation. The economic is only the quantitative theatre of value. This, as well as the fact that the role of money in all this is only a pretext, is expressed by the advert in its own way.
Hence the commutability of the advert itself, which can operate at every level, for
example:
-- I am interested in your unconscious -- fair's fair -- lend me your phantasies and you may profit from my analysis;
-- I am interested in your death -- fair's fair -- take out a life insurance policy and I will make your death into a fortune;
-- I am interested in your productivity -- fair's fair -- lend me your labour power and you may profit from my capital;
and so on. This advert could serve as a `general equivalent' for all real social relations.
Finally, if the advert's basic message is not equivalence, a = a, fair's fair (no-one is fooled, as the advertising executives well know), could it be surplus-value (the fact that the operation ends up, for the banker and for capital, showing the equation: a = a + a')? The advert can barely conceal this truth, and everyone can sense it. Capital slips in and out of the shadows here, almost unmasking itself, but it is not serious since what the advert really says comes neither from the order of quantitative equivalence, nor from surplus-value, but from the order of the tautology:
not: a = a
nor: a = a + a'
but: A is A
That is: a bank is a bank, a banker is a banker, money is money, and you can have none of it. While pretending to state the economic law of equivalence, the advert actually states the tautological imperative, the fundamental rule of domination. For whether a bank is a bank, or indeed whether a table is a table, or whether 2 + 2 = 4 (and not 5 as Dostoyevsky had it), is the real capitalist credence. When capital says `I am interested in your money', it feigns profitability in order to secure credibility. This credibility comes from the economic order (creditability), while the credence attached to the tautology sums up in itself the identity of the capitalist order and comes from the symbolic order.

Note from page 31: 22. So just as there had been (for Marx as well) a naturalist phantasy of use-value, there is for us today an economistic phantasy of exchange-value.
For us, in the structural play of the code, exchange-value plays the same role as use-value used to play in the market law of value, the role of the simulacrum of reference.

Note from page 32: 23. The American Senate has gone to the extent of calculating what it would cost to bring water back to the purity it had before the European conquest of the Americas (the `1491 standard', Christopher Columbus having landed, as we know, in 1492): $350 million. These millions matter little, however, since what the Senators are in fact calculating is the cost of bringing the system itself back to the original purity of primitive accumulation, the golden age of labour power. The 1890, or indeed 1840, standard?
In like fashion, the current monetary system dreams of gold and a gold standard to stabilise and regenerate fiduciary values. The current state of affairs is that free and unlimited speculation on the grounds of the loss of the gold-referent edges closer every moment to catastrophe: an arbitrariness and an inflation of such proportions that the authority of money itself is toppled and loses all its credibility. Again we have a cyclical regeneration by means of reference; a `critical' regeneration is necessary in order to prevent financial exchanges from reaching the limits of unreality, where they would be destroyed.

Note from page 33: 24. There are, of course, contradictions remaining between the structural and the market law of value, just as, in a previous phase, there were between the law of the market and resistant pre-capitalist values (which contradictions have not completely disappeared). In this way, the ultimate end of the system is the control of death: death is one of the structural markings of life, it also clashes with economic imperatives and a traditional logic of profit (the enormous cost of long-term care, hospitalisation, and so on). A compromise results from this, an absurd equilibrium (we can afford to keep 35 per cent of all leukaemia sufferers alive). Assessing the marginal costs of death. Anything above this level and we let them die. But this is not cynical economics, on the contrary, the economy prevents the system from following the conclusions of its own logic and barring people's access to death.
There is in fact a constant play between the two forms of value, controlled by a strategy aiming at intensifying the crisis. And although the crisis seems to require a solution, it is this solution already.

Note from page 36: 25. The gift, under the sign of gift-exchange, has been made into the distinguishing mark of primitive `economies', and at the same time into the alternative principle to the law of value and political economy. There is no worse mystification. The gift is our myth, the idealist myth correlative to our materialist myth, and we bury the primitives under both myths at the same time. The primitive symbolic process knows nothing of the gratuity of the gift, it knows only the challenge and the reversibility of exchanges. When this reversibility is broken, precisely by the unilateral possibility of giving (which pre-supposes the possibility of stockpiling value and transferring it in one direction only), then the properly symbolic relation is dead and power makes an appearance: it will merely be deployed thereafter throughout the economic apparatus of the contract. It is our (operational) fiction, our metaphysics, the idea that it is possible to accumulate stock-value in its head (capital), to make it increase and multiply: this is the trap of the accumulation and capital. It is equally our fiction, however, to think that we may relinquish it absolutely (with the gift). The primitives know that this possibility does not exist, that the arresting of value on one term, the very possibility of isolating a segment of exchange, one side of the exchange, is unthinkable, that everything has a compensation, not in the contractual sense, but in the sense that the process of exchange is unavoidably reversible. They base all their relations on this incessant backfire, ambivalence and death in exchange, whereas we base our order on the possibility of separating two distinct poles of exchange and making them autonomous. There follows either the equivalent exchange (the contract) or the inequivalent exchange that has no compensation (the gift). But both, as we shall see, obey the same dislocation of the process and the same autonomisation of value.

Note from page 41: 26. This is no doubt especially true in the phase of physical abjection and savage exploitation, in capitalist `prostitution' under the market law of value. How much of this remains in our phase, the structural law of value?

Note from page 42: 27. This is particularly clear when wages are unilaterally bestowed, imposed in `negative taxation' without any labour in return. The wage-earner without equivalence: in this trans-economie contract, we see a pure domination and pure subservience to the gift and the premium emerge.

Note from page 43: 28. That is symbolic exchange. We must emphasise that it stands opposed to the entire liberal or Christian humanist ideology of the gift. The gift is the source and even the essence of power. Only the counter-gift, the reversibility of symbolic exchange, abolishes power.


1: The End of Production, by Jean Baudrillard in Symbolic Exchange and Death. [by] Jean Baudrillard. (Sage, London, England, 1993). pp [6]-49. [Bibliographic Details] [View Documents]


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