Capitalist Realism: Is there no alternative? cover

Capitalist Realism: Is there no alternative?

By: Mark Fisher

Rating: 7/10

Date read: 2026-07-07

ISBN: 9781780997346

Link to buy the book

The CCP are overeager builders fearful of their people. The U.S. are lawyers armed to cripple national projects.

My notes

Tradition counts for nothing when it is no longer contested and modified. A culture that is merely preserved is no culture at all.

[Capital] has drowned the most heavenly ecstasies of religious fervor, of chivalrous enthusiasm, of philistine sentimentalism, in the icy water of egotistical calculation.

Cobain knew that he was just another piece of spectacle, that nothing runs better on MTV than a protest against MTV;

Capitalist ideology in general, Žižek maintains, consists precisely in the overvaluing of belief – in the sense of inner subjective attitude – at the expense of the beliefs we exhibit and externalize in our behavior. So long as we believe (in our hearts) that capitalism is bad, we are free to continue to participate in capitalist exchange.

There is a sense in which it simply is the case that the political elite are our servants; the miserable service they provide from us is to launder our libidos, to obligingly re-present for us our disavowed desires as if they had nothing to do with us.

The fantasy being that western consumerism, far from being intrinsically implicated in systemic global inequalities, could itself solve them. All we have to do is buy the right products.

Over the past thirty years, capitalist realism has successfully installed a ‘business ontology’ in which it is simply obvious that everything in society, including healthcare and education, should be run as a business.

Instead of treating it as incumbent on individuals to resolve their own psychological distress, instead, that is, of accepting the vast privatization of stress that has taken place over the last thirty years, we need to ask: how has it become acceptable that so many people, and especially so many young people, are ill?

Many of the teenage students I encountered seemed to be in a state of what I would call depressive hedonia. Depression is usually characterized as a state of anhedonia, but the condition I’m referring to is constituted not by an inability to get pleasure so much as it by an inability to do anything else except pursue pleasure.

If, then, something like attention deficit hyperactivity disorder is a pathology, it is a pathology of late capitalism – a consequence of being wired into the entertainment-control circuits of hyperme-diated consumer culture. Similarly, what is called dyslexia may in many cases amount to a post-lexia.

Harvey argues that neoliberalization is best conceived of as a ‘political project to re-establish the conditions for capital accumulation and to restore the power of economic elites’.

The quest to reach the ultimate authority who will finally resolve K’s official status can never end, because the big Other cannot be encountered in itself: there are only officials, more or less hostile, engaged in acts of interpretation about what the big Other’s intentions. And these acts of interpretation, these deferrals of responsibility, are all that the big Other is.

Foucault famously observes there that there is no need for the place of surveillance to actually be occupied. The effect of not knowing whether you will be observed or not produces an introjection of the surveillance apparatus.

Yet it is precisely workers’ subjective disinvestment from auditing tasks which enables them to continue to perform labor that is pointless and demoralizing.

although they proceeded from very different guiding assumptions, Brown argues that neoliberalism and neoconservatism worked together to undermine the public sphere and democracy, producing a governed citizen who looks to find solutions in products, not political processes.

Plato theorized the open compatibility between individual choice and political domination, and depicted democratic subjects who are available to political tyranny or authoritarianism precisely because they are absorbed in a province of choice and need-satisfaction that they mistake for freedom.

The specter of big government plays an essential libidinal function for capitalist realism. It is there to be blamed precisely for its failure to act as a centralizing power, the anger directed at it much like the fury Thomas Hardy supposedly spat at God for not existing.

it has to be recognized that focus on government, like the focus on immoral individuals, is an act of deflection

Even so, the universality of bad experiences with call centers does nothing to unsettle the operating assumption that capitalism is inherently efficient, as if the problems with call centers weren’t the systemic consequences of a logic of Capital which means organizations are so fixated on making profits that they can’t actually sell you anything.

But the subject supposed to recycle, Jones argued, presupposed the structure not supposed to recycle: in making recycling the responsibility of ‘everyone’, structure contracts out its responsibility to consumers, by itself receding into invisibility.

This is the temptation of the ethical which, as Žižek has argued, the capitalist system is using in order to protect itself in the wake of the credit crisis – the blame will be put on supposedly pathological individuals, those ‘abusing the system’, rather than on the system itself.

Freedom, Spinoza shows, is something that can be achieved only when we can apprehend the real causes of our actions, when we can set aside the ‘sad passions’ that intoxicate and entrance us.

Spinoza shows that, far from being an aberrant condition, addiction is the standard state for human beings, who are habitually enslaved into reactive and repetitive behaviors by frozen images (of themselves and the world).

‘What people suffer from,’ Curtis claims, is being trapped within themselves - in a world of individualism everyone is trapped within their own feelings, trapped within their own imaginations.

But, Curtis claims, the impact of internet lobbies on Old Media is disastrous, since, not only does its reactive pro-activity allow the media class to further abnegate its function to educate and lead, it also allows populist currents on both the left and the right to ‘bully’ media producers into turning out programming that is anodyne and mediocre.

In a seeming irony, the media class’s refusal to be paternalistic has not produced a bottom-up culture of breathtaking diversity, but one that is increasingly infantilized. By contrast, it is paternalistic cultures that treat audiences as adults, assuming that they can cope with cultural products that are complex and intellectually demanding.

The effect of permanent structural instability, the ‘cancellation of the long term’, is invariably stagnation and conservatism, not innovation. This is not a paradox. As Adam Curtis’s remarks above make clear, the affects that predominate in late capitalism are fear and cynicism.

Nothing is inherently political; politicization requires a political agent which can transform the taken-for-granted into the up-for-grabs.

For example, the left should argue that it can deliver what neoliberalism signally failed to do: a massive reduction of bureaucracy.

What is needed is the strategic withdrawal of forms of labor which will only be noticed by management: all of the machineries of self-surveillance that have no effect whatsoever on the delivery of education, but which managerialism could not exist without.

We must convert widespread mental health problems from medicalized conditions into effective antagonisms.

The tiniest event can tear a hole in the grey curtain of reaction which has marked the horizons of possibility under capitalist realism. From a situation in which nothing can happen, suddenly anything is possible again.