Class-15.
Vectoralists try to break capital's monopoly on
the production process, and subordinate the
production of goods to the circulation of
information. The leading corporations divest
themselves of their productive capacity, as this is
no longer a source of power. Their power lies in
monopolising intellectual property -- patents and
brands -- and the means of reproducing their value
-- the vectors of communication. The privatisation
of information becomes the dominant, rather than a
subsidiary, aspect of commodified life. As private
property advances from land to capital to
information, property itself becomes more abstract.
As capital frees land from its spatial fixity,
information as property frees capital from its
fixity in a particular object.
[[15]]
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