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Marx’s Monsters: Vampire-Capital And The Nightmare-World Of Late Capitalism

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Chapter Summary

This chapter describes Marx's theory of fetishism of commodities and vampire-capital, and his stylistics together, to show the inner connection between the method of exposition and his theoretical mapping of the commodity-form. This involves attending to Marx's persistent use of body-imagery in his account of the commodity and to the dialectical reversals of the material and the immaterial that he locates at the very heart of value. As the wealth and people of whole regions of the world are consumed by vampire-capital from the North, as hunger and destitution haunt the lives of millions, it is hard to dismiss such fables as fantastic. Or, better perhaps, it is difficult to regard them as merely fantastic. For they comprise a genre of fantastic realism that illuminates the way human bodies are systematically ground up by the gears of global capitalism, a genre which is dialectically elaborated in Marx's theory of vampire-capital.

Keywords:capitalism; fetishism of commodities; late-capitalist globalisation; Marx's Capital; Marx's theory; vampire-capital



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