Published online by Cambridge University Press: 25 June 2020
This chapter explores the emergence of a new culture of corporate credit in the 1970s, one specifically tied to the corporate self and the practices of financialisation that supported it. It examines the ways in which these cultures were supported by the self-affirming logic of neoliberalism that was capable of rejecting the very possibility of perceiving the world outside of its own terms. It argues that William Gaddis’ novel JR draws on an alternative history of post-war economic thought, one associated with Norbert Weiner rather than Milton Friedman, which offers a critique of the positivist triumphalism of 1970s economic thinking. It reads JR through the potently ambivalent idea of entropic failure – one that suggests an entirely different conceptual trajectory for understanding the meaning of the emerging debt cultures in this decade.
To save this book to your Kindle, first ensure no-reply@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.
Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.
Find out more about the Kindle Personal Document Service.
To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.
To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.