Modernism and the Abstraction of Value:
Poetry and Political Economy in transition (1927-38)
During this recent era, linguistic understandings of political economy found purchase for a wealth of reasons, many of which have a grounding in actual conditions. Nonetheless [. . .] the literarity of such conceptions ended up participating in, and sometimes generating, serious analytic errors . . . . The misrecognitions of value engendered by modes of literarity thus pose a radical limit to the history of the present. —Joshua Clover, “Value/Theory/Crisis” (107, 109)
[Introduction]
In my lecture at the Poetry of the 70s conference at University of Maine (under the rubric “Late Capitalism and Language Writing”; 2008), I made a strong claim that the “turn to language” in poetry must be seen as simultaneously a response to the emergent horizon of neoliberalism after 1973 along with an anticipatory illumination, undertaken at the level of form, of what the new order of intensified commodification and mobility of capital would look like—and how it might be comprehended and opposed. … More
