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Anthropomorphic Capital and Commonwealth Value
Andrea Fumagalli1, Cristina Morini2
1Department of Economics and Management, University of Pavia, Pavia, Italy.
Frontiers in Sociology
|April 19, 2021
Summary
Contemporary capitalism exploits the "common" through digital networks and social reproduction, turning human life itself into capital. This "anthropomorphic capital" generates value even as waged employment declines, leading to a subsumption of life under capitalistic logic.
Area of Science:
- Socioeconomics
- Political Economy
- Digital Sociology
Background:
- Contemporary capitalism's accumulation processes are increasingly reliant on the concept of the "common"—resources essential for social interaction and production.
- The "common" is a heterogeneous category, manifesting in this analysis as the digital common (network value) and the common of social reproduction (anthropomorphic capital).
Purpose of the Study:
- To analyze the accumulation process in contemporary capitalism, focusing on the exploitation of the "common."
- To investigate "network value" derived from social media and big data industries.
- To examine "social reproduction" and its role in generating "anthropomorphic capital."
Main Methods:
- Conceptual analysis of "common," "network value," and "social reproduction."
- Exploration of "anthropomorphic capital" as the productive capture of life's essence by contemporary labor organizations.
- Reference to empirical research "Commonfare-Pie News" to support findings.
Main Results:
- "Network value" emerges from individual lives within relational contexts dominated by social media and big data.
- Social reproduction activities are central to economic accumulation, creating "anthropomorphic capital" by valorizing life's complexity.
- A paradox is observed: surplus value generalizes despite declining waged employment, indicating a subsumption of life itself by capital.
Conclusions:
- Capitalism is increasingly transforming human beings into capital, with human existence becoming a field for accumulation ("human capital").
- This phenomenon, termed "anthropomorphic capital" or the "economy of interiority," signifies a profound "life subsumption" beyond mere labor subsumption.
- Empirical evidence suggests life is increasingly subjected to capitalistic valorization logic.
Keywords:
anthropomorphic capitalbio-cognitive capitalismcommonwealthlife subsumptionlife-valuenetwork-valuesocial reproductionMore Related Videos
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