Market Theory and Capitalist Axiomatics

Deleuze and Guattari Studies 13 (3):309-330 (2019)
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Abstract

Producing a properly philosophical theory of capitalism as an open axiomatic system requires adding intensive multiplicities to the mathematical account of set theory, which allows only extensive multiplicities. Doing so enables us to understand pricing as a process of transforming intensive quantities into metric quantities, and thereby develop a diagram of the dynamics of axiomatisation and of the market as the two-sided and asymmetrical recording surface of the capitalist socius whose slope represents the infinite debt owed to finance capital. The capitalist market axiomatises four kinds of flows – flows of liquid capital and abstract labour, of course, but also flows of raw materials and energy and of human populations. At the same time that axiomatisation conjugates these flows in denumerable sets to extract surplus-value, it connects flows in minor, non-denumerable sets that escape axiomatisation and may become revolutionary. Such minor connections would constitute the fabric of a post-capitalist axiomatics.

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References found in this work

A thousand plateaus: capitalism and schizophrenia.Gilles Deleuze - 1987 - London: Athlone Press. Edited by Félix Guattari.
What is Philosophy?Gilles Deleuze & Félix Guattari - 1991 - Columbia University Press.
The Principles of Mathematics.Bertrand Russell - 1903 - Revue de Métaphysique et de Morale 11 (4):11-12.
Life, War, Earth: Deleuze and the Sciences.John Protevi - 2013 - Minneapolis: University of Minnesota Press.

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