Adbusters #98: American Autumn

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today in the era of globalization, the world is dominated by financial, not industrial, capital. the dogmas defining criminality and the logics of imprisonment have changed. it’s here that the thinking of Zygmunt bauman is illuminating. he points out that the corporate market forces now running the world are exterritorial, that’s to say “free from territorial constraints – the constraints of locality.” they are perpetually remote, anonymous and thus never have to take account of the territorial, physical consequences of their actions. he quotes hans tietmeyer, former president of the German Federal bank: “today’s stake is to create conditions favorable to the confidence of investors.” the single supreme priority.

EPa/MatthEw cavanauGh

Andy Merrifield

(B2) Prisons.indd 10

11-08-26 1:45 PM


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