Financial fantasy documents and public learning: the case of the U.S. Financial Crisis Inquiry Report

RIS ID

101525

Publication Details

Reveley, J. & Singleton, J. (2015). Financial fantasy documents and public learning: the case of the U.S. Financial Crisis Inquiry Report. In M. A. Peters, J. A. Paraskeva & T. Besley (Eds.), The Global Financial Crisis and Educational Restructuring (pp. 165-176). New York: Peter Lang Publishing, Inc..

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Peter Lang Publishing

Abstract

[extract] This chapter looks at the interplay between fantasy and the United States variant of financialised capitalism. The quotation immediately above serves as the springboard to our discussion. Consistent with their materialism, Deleuze and Guattari (2009) argue in their masterwork Anti-Oedipus that "it is not possible to attribute a special form of existence to desire, a mental or psychic reality that is presumably different from the material reality of social production'' (p. 30). Desire permeates the social field; it is just as "present" in flows of money capital as it is in seminal flows. The corollary is that "fantasy is never individual: it is group fantasy"; simply put, fantasies are "secondary expressions" of how desire manifests in social production and its specifically capitalist forms (Deleuze & Guattari, p. 30, emphasis omitted).

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