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The introduction begins by highlighting the novelist Tao Lin's attempt to sell shares in an unwritten novel - an especially striking manifestation of the market logics examined throughout the book. The introduction then maps the historical and conceptual ground of the project. Successive sections trace how the interlocking developments of neoliberalism and financialization since the 1970s have extended what Pierre Bourdieu calls a “pure market logic” to ever-widening domains of social life; how Fredric Jameson’s paradigm-defining theorizations of the contemporary nonetheless go too far in positing postmodernist culture as a straightforward expression of this logic; how the power of market forces in the present elicits a condition of ambivalence among contemporary writers that is neither simply critical nor “postcritical,” but combines the intense affective states of both positions; and, finally, how the publishing industry and book retail business have undergone their own neoliberal and financial revolutions over recent decades, with profound consequences for novelistic practice. The remaining section of the introduction summarizes the arguments of the book’s chapters and Coda.
This chapter develops the book's argument that the postmodernist novel is defined by equally strongly felt imperatives to propitiate and renounce the market. It makes the case that, under these conditions, a degree of self-consciousness concerning a text’s market positioning – what the book defines as market metafiction – is always liable to arise. The chapter points to a series of examples of novels exhibiting this style of reflexivity, which demonstrate that recent texts in this mode give new visibility to techniques that have been evident in fiction for some decades. In the process, the chapter address four major – roughly historically sequential, though overlapping – tendencies in fiction shaped by the defining postmodernist double bind vis-à-vis the market. These are the "classic" or "high" metafiction of the 1960s and ’70s; the mid-’70s to mid-’90s phenomenon of “Avant-Pop” and related collisions of experimental and popular genre forms; the much-vaunted shift away from experimental postmodernism towards sincerity, “postirony,” and renewed forms of realism since the mid-1990s; and the widely discussed “genre turn” among “advanced” or “serious” novelists over the past decade.
This chapter develops the book's argument that the postmodernist novel is defined by equally strongly felt imperatives to propitiate and renounce the market. It makes the case that, under these conditions, a degree of self-consciousness concerning a text’s market positioning – what the book defines as market metafiction – is always liable to arise. The chapter points to a series of examples of novels exhibiting this style of reflexivity, which demonstrate that recent texts in this mode give new visibility to techniques that have been evident in fiction for some decades. In the process, the chapter address four major – roughly historically sequential, though overlapping – tendencies in fiction shaped by the defining postmodernist double bind vis-à-vis the market. These are the "classic" or "high" metafiction of the 1960s and ’70s; the mid-’70s to mid-’90s phenomenon of “Avant-Pop” and related collisions of experimental and popular genre forms; the much-vaunted shift away from experimental postmodernism towards sincerity, “postirony,” and renewed forms of realism since the mid-1990s; and the widely discussed “genre turn” among “advanced” or “serious” novelists over the past decade.
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