Bitcoin is a peer-to-peer electronic payment system that operates as an independent currency. This paper is a philosophical investigation of the ontological constitution of Bitcoin. Using Slavoj Žižek’s ontological triad of the real, the symbolic and the imaginary, the paper distinguishes between three ideal typical theories of money: commodity theory, fiat theory, and credit theory. The constitution of Bitcoin is analysed by comparing the currency to each of these ideal types. It is argued that Bitcoin is commodity money without gold, (...) fiat money without a state, and credit money without debt. In conclusion, it is suggested that Bitcoin poses an ideological challenge to conventional forms of money in so far as it not only provokes sedimented beliefs about money but also exposes the forms of exploitation, risk and even violence inherent in the existing system of state authorized credit money. (shrink)

The paper is a contribution to current debates about conspiracy theories within philosophy and cultural studies. Wittgenstein’s understanding of language is invoked to analyse the epistemological effects of designating particular questions and explanations as a ‘conspiracy theory’. It is demonstrated how such a designation relegates these questions and explanations beyond the realm of meaningful discourse. In addition, Agamben’s concept of sovereignty is applied to explore the political effects of using the concept of conspiracy theory. The exceptional epistemological status assigned to (...) alleged conspiracy theories within our prevalent paradigms of knowledge and truth is compared to the exceptional legal status assigned to individuals accused of terrorism under the War on Terror. The paper concludes by discussing the relation between conspiracy theory and ‘the paranoid style’ in contemporary politics. (shrink)

Contemporary capitalism is caught in a dual crisis of economy and ecology. Central to both dimensions of this crisis is the issue of growth. On the one hand, capitalist economies must exhibit perpetual growth in order to function properly. On the other hand, the expansion of capitalist production and consumption ultimately interferes with the processes of natural growth that we find within the domain of ecology. Parallax of Growth explores the ideas of economy and ecology and the factors that have (...) put them on a collision course. Among other things, the book aims to explain why our current mode of economic organization seems to be inherently committed to perpetual growth. A key answer, argues Bjerg, is that contemporary capitalism is characterized by an inherent ′debt drive′, whereby the creation of money through the issuance of commercial bank credit has locked our economy in a vicious circle of forced growth and increasing debt. Parallax of Growth is not a catalogue of solutions to the ecological or the economic crisis. The book aims to shift the inquiry from ‘what shall we do?’ to ‘why have we not already done it?’ In order to address the challenges of our contemporary times of crisis, it is not enough to point out all the different reasons why perpetual economic growth is impossible and unsustainable. We need to understand how the idea of growth is deeply ingrained in the ideology as well as the organization of our society. The book aims to open the space for philosophical thinking about this important issue. (shrink)

Med afsæt i Niklas Luhmanns systemteori og med eksempler inden for videnskab, kunst, økonomi m.m. argumenterer forfatteren for at der i dag ikke findes et etisk regelsæt som kan fortælle os hvad vi skal gøre og ikke gøre.

This article explores the relationship between gambling and capitalism. The subjective being of the compulsive gambler provides insight into the role of money in capitalism. Using the Lacanian approach of Žižek, money is analysed as a sublime object of capitalist ideology. In gambling, however, the subject engages money in a very direct encounter with the Lacanian `Real', circumventing the ordinary symbolic order of capitalism. This results in a momentary de-sublimation of money, stripping it of the metaphysical properties otherwise vested in (...) it by capitalism. For the compulsive gambler, the de-sublimation has become permanent, making it impossible for him to function as an ordinary capitalist subject. He has come too close to money, leaving him in a pathological state of being out of joint with capitalism. (shrink)