Our Hype Studies member Vassilis Galanos released a thought piece titled 'Eleven Theses on Technological Hype as Capital' published with Interregnum.

In this short theoretical work, Vassilis is building on its close engagement with Karl Marx's The Capital and Georges Bataille's The Accursed Share to delineate eleven ways in which hype acts as a political force, inseparate from capitalist regimes, largely overlapping with most traits that characterise capital and capitalist production and accumulation.

Here are the key propositions:

🌙Hype as Mediator between Money and Commodity
🌙Hype as a Form of Currency and Advanced Capital
🌙Hype as Speculative Credit and Promissory Note
🌙Hype as an Accelerator of Velocity Circulation and a Medium of Convertibility
🌙Hype as a Form of Alienation from Product, Process, Others, and Self
🌙Hype as Speculative Spectacle and Spectacular Speculation
🌙Hype Sovereignty as the Locus of Commodification and Squandering
🌙Hype and Luxury as Excess
🌙The Peculiar Dialectic between Accumulation and Non-Accumulation of Hype, or, Hype Reproduction
🌙Primitive Accumulation and Hype