- By Anna Kornbluh

Realizing Capital: Financial and Psychic Economies in Victorian Form

  • Title: Realizing Capital: Financial and Psychic Economies in Victorian Form
  • Author: Anna Kornbluh
  • ISBN: 9780823254972
  • Page: 386
  • Format: Hardcover
  • Realizing Capital Financial and Psychic Economies in Victorian Form During a tumultuous period when financial speculation began rapidly to outpace industrial production and consumption Victorian financial journalists commonly explained the instability of finance by c

    During a tumultuous period when financial speculation began rapidly to outpace industrial production and consumption, Victorian financial journalists commonly explained the instability of finance by criticizing its inherent artifice drawing persistent attention to what they called fictitious capital In a shift that naturalized this artifice, this critique of fictitiousDuring a tumultuous period when financial speculation began rapidly to outpace industrial production and consumption, Victorian financial journalists commonly explained the instability of finance by criticizing its inherent artifice drawing persistent attention to what they called fictitious capital In a shift that naturalized this artifice, this critique of fictitious capital virtually disappeared by the 1860s, replaced by notions of fickle investor psychology and mental equilibrium encapsulated in the fascinating metaphor of psychic economy In close rhetorical readings of financial journalism, political economy, and the works of Dickens, Eliot, and Trollope, Kornbluh examines the psychological framing of economics, one of the nineteenth century s most enduring legacies, reminding us that the current dominant paradigm for understanding financial crisis has a history of its own She shows how novels illuminate this displacement and ironize ideological metaphors linking psychology and economics, thus demonstrating literature s unique facility for evaluating ideas in process Inheritors of this novelistic project, Marx and Freud each advance a critique of psychic economy that refuses to naturalize capitalism.

    1 thought on “Realizing Capital: Financial and Psychic Economies in Victorian Form

    1. An excellent intervention in literary criticism on the intersection of literary and economic form, typically dominated by Foucauldian inflected New Historicism and "new economic criticism." Against the latter, Kornbluh deploys a Marxist-deconstructionist hermeneutic that is able to grasp literary form as more than just a manipulator of belief in "fictitious capital" and "fictitious capital" as more than just the imposition of a financial fiction on reality. Here, it is the rhetorical figure of m [...]

    Leave a Reply

    Your email address will not be published. Required fields are marked *