Libidinal Economy

Is regarded as the most important response to the philosophies of desire, as expounded by thinkers such as de Sade, Nietzsche, Bataille, Foucault and Deleuze and Guattari. It is a major work not only of philosophy, but of sexual politics, semiotics and literary theory, that signals the passage to postmodern philosophy.

"This is a philosophical development of the Freudian concept of 'libidinal economy' and one of Lyotard's most important works. In part a response to Deleuze and Guattari's Anti-Oedipus, it can also be seen as culminating a line of modern thought ranging from de Sade, Nietzsche and Bataille, to Deleuze, Klossowski, Irigaray and Cixous. It is thus important in the context of modern French philosophy, and also in its relevance to contemporary thinking on a broad range of questions, including sexual politics, semiotics and literary studies."--BOOK JACKET.Title Summary field provided by Blackwell North America, Inc. All Rights Reserved

First published in 1974, Libidinal Economy is a major work of twentieth century continental philosophy. In it, Lyotard develops the idea of economies driven by libidinal 'energies' or 'intensities' which he claims flow through all structures, such as the human body and political or social events. He uses this idea to interpret a diverse range of subjects including political economy, Marxism, sexual politics, semiotics and psychoanalysis. Lyotard also carries out a broad critique of philosophies of desire, as expounded by Deleuze and Guattari, Nietzsche, Bataille, Foucault and de Sade.

The language of money has informed medical, psychological and political theories of sexual desire for at least 300 years. Desire, figured as libidinal energy, represented potential work-power and spending-power and hence a form of personal 'capital', an economic resource for both the individual and the collectivity. This book explores how this view

This is the first book to examine global political economy from a psychoanalytic perspective. It claims that the libidinal—the site of unconscious desire—plays not a supplementary or trivial, but a constitutive role in global political economy. Consumption, for example, is not simply a way of satisfying a material or biological need but a doomed attempt at soothing our deeply held sense of loss; and capital is not just a means to material growth and prosperity but is invested with "drive" that seduces, beguiles, and manipulates in the service of unending accumulation. Thus, in contrast to political economy, which assumes a rational subject, libidinal economy is founded on the notion of a desiring subject, who obeys a logic not of good sense or self-interest but profligacy and irrationality. By applying a psychoanalytic lens, Global Libidinal Economy thereby seeks to uncover the unconscious excesses and antagonisms emergent in such key political economy categories as "production," "trade," and "ecology," while also bringing out significant contemporary themes relating to "gender" and "race."

This study of postsocialist China explores the development of a Chinese consumer culture in the 1990s with a special focus on advertising and shifting ideals on female beauty. On an analytical level it is an investigation into Chinese nationalism that demonstrates how the desire for recognition as a powerful nation is linked to anxieties about Chinese femininity. The book is also, on a theoretical level, about the libidinal economy of an imaginary “China.” In other words it attempts to unravel the sexuality of geopolitics by describing the association between femininity and China in popular culture and nationalist discourse. In addition to advertisements, political writings, plays, and films, the archive for this inquiry consists of fieldwork observations and interviews. The Libidinal Economy of China engages a range of post-colonial and psychoanalytically informed thinkers in a truly cross disciplinary study. Lacanian theories on hysteria, femininity, and narcissism are applied in the international domain of geopolitics to formulate a general theory on China’s relationship to the West. David Eng and Homi Bhabha are employed for discussing racial fetishism in contemporary China, while Slavoj Žižek’s ideas on violence and the Other are engaged in explaining the emotional dimension of national identification. The study concludes that China and the New Chinese Nationalism is firmly under the gaze of a Western Other analogous to a male gaze. That Other rules the libidinal economy of consumer culture, which explains China’s recurring history of wanting to emulate and catch up with the West while simultaneously reacting to such an attained intimacy with castration anxiety and aggressive hysteria.

Enjoyment appears as purely private matter, but this is by far not the case. Ever since Aristotle the philosophical social critique is tormented by the question, whether the libidinal tendencies of human subjects allow the construction of a just political-economic order.It seemed at first that in modernity this problem had been overcome. Economic liberalism and utilitarianism argued that egoistic private interests and social justice were directly linked and that capitalism united libidinal and political economy in the best possible manner.But the political-economic panorama soon turned out significantly more complex and contradictory; an insight to which Marx's intervention with his critique of political economy significantly contributed.Another critical turn is to be found in psychoanalysis. Freud's conception of the unconscious provided a new cartography of political space and his theory of libido revealed the participation of libidinal apparatuses in sustaining the capitalist power-relations.Tomsic's essay recalls these Freudian insights and circumscribes the political stakes of psychoanalysis under the general banner of Critique of Libidinal Economy.Published with August Verlag

This edited volume brings together leading scholars to debate the promises of poststructural politics within the study of the International Political Economy (IPE). The volume offers a sustained theoretical dialogue on the meaning of discourse, identity, and representation for practices of political economy.