On Subjectivity and the Risk Pool; or, Žižek's Lacuna

Telos: Critical Theory of the Contemporary 2012 (160):121-138 (2012)
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Abstract

"This economic system cannot do without the ultima ratio of the complete destruction of those existences which are irretrievably associated with the hopelessly unadapted." "Joseph Schumpeter, The Theory of Economic Development1"Slavoj Žižek poses more than a few heavy-gauge questions in his In Defense of Lost Causes . Foremost among them, at the beginning of chapter nine: “The only true question today is: do we endorse this ‘naturalization’ of capitalism, or does contemporary global capitalism contain antagonisms which are sufficiently strong to prevent its indefinite reproduction?”2 This vast question—as well as its possible answers—develops in Žižek's…

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