By Maurizio Lazzarato.
We have never understood the word of liberalism as much as during the referendum campaign. However, have these passionate debates contributed to make the logic of liberalism intelligible ? According to the two courses by Michel Foucault, recently published as Security, Territory, Population and The Birth of Biopolitics, this is dubious.
These books trace a genealogy and a history of liberalism and effectively present a way of reading capitalism which differs from Marxism, from political philosophy and from political economy at once. Read the full article here.
Lazzarato presents an interesting snapshot of Foucault's work in this area. I particularly liked this gem: "According to Foucault, by market we must always understand competition and inequality, rather than equality of exchange. Here, the subjects are not merchants but entrepreneurs. The market is therefore the market of enterprises and of their differential and non-egalitarian logic."
Definitely worth reading.