Taylor Adkins, @CNoumena, @YAgamben - Wicked Lyotard Pt 5
Machinic Unconscious Happy Hour
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The Concept of Waste and Extravagance in Relation to Versailles and Mercantilism
This chapter discusses the concept of waste and extravagance in relation to Versailles and the court's accumulation of power. They explore the idea that this waste and lavish production of prestige has its own economic value and form, distinct from the way capital deals with interest and surplus value. The chapter also touches upon the concept of mercantilism and its two sides, emphasizing that France's accumulation of gold allows it to produce all necessary goods and not rely on imports.
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