#Accelerate, 509–520

Chapter

Teleoplexy

Notes on Acceleration

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EXCERPT

§00. ‘Acceleration’ as it is used here describes the time-structure of capital accumulation. It thus references the ‘roundaboutness’ founding Böhm-Bawerk’s model of capitalization, in which saving and technicity are integrated within a single social process—diversion of resources from immediate consumption into the enhancement of productive apparatus. Consequently, as basic co-components of capital, technology and economics have only a limited, formal distinctiveness under historical conditions of ignited capital escalation. The indissolubly twin-dynamic is techonomic (cross-excited commercial industrialism). Acceleration is techonomic time…