Joseph Vogl

The proliferation of social media has provided ideal conditions in which feelings of anger and frustration can be expressed and shared, forming a deep pool of ressentiment that is being drawn upon and exploited by populist and authoritarian leaders. In his new book, Capital and Ressentiment, Joseph Vogl shows how this dynamic is rooted in the fusing of finance capital...

The global financial crisis of 2008 ushered in a system of informal decision-making in the grey zone between economics and politics. Legitimised by a rhetoric of emergency, ad hoc bodies have usurped democratically elected governments. In line with the neoliberal credo, the recent crisis has been used to realise the politically impossible and to re-align executive power with the interests...