Financial Psychedelia and the Commons
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A01=Andrea Fumagalli
Author_Andrea Fumagalli
autonomy
Bitcoin
California
capitalism
Category=AVP
Category=JPFB
Category=KCP
Category=KCSA
commoning
commons
communalist
communitarian
counterculture
crypto-winter
cryptocurrency
cyberculture
eq_art-fashion-photography
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_music
eq_nobargain
eq_non-fiction
eq_society-politics
forthcoming
ideology
liberalism
macroeconomic
political economy
political philosophy
postmodernity
rock music
Silicon Valley
Product details
- ISBN 9781350413856
- Dimensions: 138 x 216mm
- Publication Date: 23 Jul 2026
- Publisher: Bloomsbury Publishing PLC
- Publication City/Country: GB
- Product Form: Hardback
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This book pays homage to a rock band that has most influenced alternative culture, the Grateful Dead. It critically discussing the evolution of the libertarian spirit in the USA, which was born and developed in the 1960s and merged in the last three decades into a libertarian ideology, based on individual freedom, antistatalism and the primacy of the spirit of the self-made man. Examining how this transition was functional, on the one hand, to high-tech digital innovation and, on the other, to the spirit of new platform capitalism. Andrea Fumagalli suggests that the process of capturing the libertarian spirit for capitalist purposes, which represents one of the clearest examples of "life subsumption", the acknowledgment that the life of individuals at the very moment that it triggers processes of social cooperation is a potential source of subversive behaviour, and how this can turn into a powerful tool for today's capitalist valorisation.
Andrea Fumagalli is an activist and Professor of Economics and History of Economic Thought in the Department of Economics and Management at University of Pavia, Italy. He also teaches Eco-Social Economics at the Free University of Bolzano, Italy. He is the co-author of The Crisis of the Global Economy with Sandro Mezzadra (2010) and Cognitive Capitalism, Welfare and Labour (2019) with Alfonso Giuliani, Stefano Lucarelli, Carlo Vercellone.
