Hostname: page-component-78c5997874-4rdpn Total loading time: 0 Render date: 2024-11-10T11:45:25.902Z Has data issue: false hasContentIssue false

The derivative condition, an aesthetics of resolution, and the figure of the renegade: A conversation

Published online by Cambridge University Press:  09 November 2023

Gerald Nestler*
Affiliation:
Austria
Christian Kloeckner
Affiliation:
University of Bonn, Germany
Stefanie Mueller
Affiliation:
Goethe University Frankfurt, Germany
*
Corresponding author: Gerald Nestler, Neulinggasse 9, 1030 Vienna, Austria. Email: mail@geraldnestler.net http://www.geraldnestler.net
Rights & Permissions [Opens in a new window]

Abstract

Core share and HTML view are not available for this content. However, as you have access to this content, a full PDF is available via the ‘Save PDF’ action button.

The work of the artist and writer Gerald Nestler explores finance and its social implications since the mid-1990s. Based on his professional experience as a trader as well as on post-disciplinary research, he has developed a unique approach that brings together theory and conversation with installation, video, performance, text, and other art forms. Probing into the narrative structures of contemporary capitalism, Nestler offers a techno-political critique directly from the core of the financial markets. This interview addresses his reading of the derivative as a world-producing apparatus that shapes the experience of the present by preconfiguring the future, and that provokes a shift from representational to performative speech in the actualization of biopower based on the exploitation of volatility and leverage. In conversation with Christian Kloeckner and Stefanie Mueller, he argues for the formation of specific human/non-human alliances that directly attack algorithmic as well as socio-economic black-boxing (schemes that monopolize inherently non-scarce resources), so as to open our imagination to skills and tactics that would allow us to navigate the rich but volatile flows of social, political, and economic abundance.

Type
Interview
Creative Commons
Creative Common License - CCCreative Common License - BYCreative Common License - NCCreative Common License - ND
This is an Open Access article, distributed under the terms of the Creative Commons Attribution-NonCommercial-No Derivatives licence (http://creativecommons.org/licenses/by-nc-nd/4.0/), which permits noncommercial re-use, distribution, and reproduction in any medium, provided the original work is unaltered and is properly cited. The written permission of Cambridge University Press must be obtained for commercial re-use or in order to create a derivative work.
Copyright
© 2018 The Author(s)

References

Avanessian, A. and Nestler, G. (eds.) (2015) Making of Finance, translated by Csuss, J. and Nestler, G.. Berlin: Merve.Google Scholar
Ayache, E. (2010) The Blank Swan: The End of Probability. Chichester: John Wiley & Sons.Google Scholar
Ayache, E. (2015) The Medium of Contingency: An Inverse View of the Market. Houndmills: Palgrave MacMillan.CrossRefGoogle Scholar
Berardi, F. (2012) The Uprising: On Poetry and Finance. Los Angeles, CA: Semiotext(e).Google Scholar
Borch, C. and Wosnitzer, R. (eds.) (Forthcoming) Routledge Handbook to Critical Finance Studies. London: Routledge, in press.CrossRefGoogle Scholar
Esposito, E. (2007) Die Fiktion der wahrscheinlichen Realität. Frankfurt: Suhrkamp.Google Scholar
Feher, M. (2009) Self-appreciation; or, the aspirations of human capital. Public Culture, 21(1): 2141.CrossRefGoogle Scholar
Guattari, F. (2013) Schizoanalytic Cartographies, translated by Goffey, A.. London: Bloomsbury [1989].Google Scholar
Knight, F.H. (1964) Risk, Uncertainty, and Profit. New York, NY: Augustus M. Kelley [1921].Google Scholar
Lazzarato, M. (2012) The Making of the Indebted Man: An Essay on the Neoliberal Condition, translated by Jordan, J.D.. Los Angeles, CA: Semiotext(e).Google Scholar
Lazzarato, M. (2014) Signs and Machines: Capitalism and the Production of Subjectivity, translated by Jordan, J.D.. Los Angeles, CA: Semiotext(e).Google Scholar
Martin, R. (1990) Performance as Political Act: The Embodied Self. New York, NY: Bergin & Garvey.Google Scholar
Martin, R. (2015) Knowledge Ltd: Toward a Social Logic of the Derivative. Philadelphia, PA: Temple University Press.Google Scholar
Meerman, M. (dir.) (2013) The Wall Street Code. VPRO backlight documentary. Available at: <https://www.youtube.com/watch?v=hw3XtscVCVI>. Accessed 29 January 2018..+Accessed+29+January+2018.>Google Scholar
Nestler, G. (2007) Yx — Fluid Taxonomies — Enlitened Elevation — Voided Dimensions — Human Derivatives — Vibrations in Hyperreal Econociety. Wien: Schlebrügge Editor.Google Scholar
Nestler, G. (2014-15a) CONTINGENT ETHICS. Portrait of a Philosophy Series II. Haim Bodek. 1-channel video, 44:46 minutes. Available at: <https://vimeo.com/channels/aor/127559794>. Accessed 29 January 2018..+Accessed+29+January+2018.>Google Scholar
Nestler, G. (2014-15b) CONTINGENT OPTIONALITY. Portrait of a Philosophy Series III. Randy Martin. 1- channel video, 27:45 minutes. Available at: <https://vimeo.com/channels/aor>. Accessed 29 January 2018..+Accessed+29+January+2018.>Google Scholar
Nestler, G., Bodek, H. and Eckermann, S. (2017) INSTANTERNITY. A Black Box Body Cult. A Performative Mapping of Automated Finance and Algorithmic Perception. 47:30 minutes. Available soon at: <https://vimeo.com/channels/AoR>..>Google Scholar
Nestler, G. and Malik, S. (eds.) (2016) Special issue: Art and finance. Finance and Society, 2(2): 94224.CrossRefGoogle Scholar
Sklair, L. (2001) The Transnational Capitalist Class. Oxford: Blackwell.Google Scholar
Thorp, E.O. (2011) Putting the cards on the table: A talk with Edward O. Thorp. Journal of Investment Consulting, 12(1): 514.Google Scholar
von Mises, L. (1949) Human Action: A Treatise on Economics. New Haven, CT: Yale University Press.Google Scholar
Wright, E.O. (2010) Envisioning Real Utopias. London: Verso.Google Scholar