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Most people aren’t extremely active in society and do not interact in the variety of actions that affect the buildings and institutions of social, financial and political life. They’ve by no means carried out so; they don’t achieve this now; and they never will. The majority are content material to get on with their lives with minimal ranges of engagement in politics and community life. Their main financial actions are employment and consumption. Social engagement is usually limited to some shut associates, posting on social media, supporting sports activities groups, and taking part in a restricted variety of golf gear or church buildingsâ€”though participation within the latter gasoline declining considerably for many years.
Whereas neoliberalism posited a market that was intrinsically ineffable and unknowable, every actor partaking on the concept of optimum stupidity and blindness as to the total, majestic logic of the market, now the market is understood, and formed, by way of information extraction. The extra financial transactions are mediated by computing, the more flows of objects, items, our bodies and suppliers may be tracked by sensors and chips, the extra surveillance cameras and authorities and corporate information produce digital information, and the extra of day-to-day expertise is recorded and amassed as information (cf Google Street View), the more markets may be pro-actively anticipated, produced and formed. Actuality itself is monopolised and commodified: changing into, in Polanyi’s terms, a fictitious commodity.
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