Toxic Sovereignty: Understanding Fraud as the Expression of Special Liberty within Late-Capitalism

Tudor, Kate (2018) Toxic Sovereignty: Understanding Fraud as the Expression of Special Liberty within Late-Capitalism. Journal of Extreme Anthropology, 2 (2). pp. 7-21. ISSN 2535-3241

This is the latest version of this item.

[img]
Preview
PDF
Tudor%2c K. %282018%29 Toxic Sovereignty - post submission edit.pdf - Accepted Version

Download (395kB) | Preview
[img]
Preview
PDF
tudor_sov_a5.pdf - Published Version
Available under License Creative Commons Attribution Non-commercial No Derivatives.

Download (190kB) | Preview

Search Google Scholar

Abstract

As a result of the pressures exerted by neoliberal economics and consumer capitalism, late-capitalist subjects are forced to compete in increasingly brutal circumstances in order to avoid the fate of symbolic and material annihilation. Economic and consumer engagement are not, however, solely based on coercion but are simultaneously facilitated by seductive ideals such as sovereignty. Conversations with those convicted for their involvement in investment fraud indicate the centrality of the notion of sovereignty to their subjective experience and, in turn, their motivation for fraud. The notion of economic sovereignty was key to their understanding of economic enterprise whereby they carved out spaces of extreme personal freedom in which they were free to engage in acts of serious and sustained economic predation. Similarly, perspectives on consumer sovereignty were characterised by a degree of excess whereby the individual who self-governs consumptive choices was replaced by the individual who is characterised by the absolute right to pursue pleasure in an unrestrained way. As a consequence, many personal barriers against harm and criminality were eroded. Thus, whilst acts of economic predation were driven by the deep-seated cultures of anxiety and insecurity produced within contemporary capitalism, they were also facilitated by the cultural profusion of notions of sovereignty in this context which ultimately served as a means of obfuscating the reality of the individual’s relationship with capital.

Item Type: Article
Uncontrolled Keywords: Fraud, acquisitive crime, neoliberalism, consumer capitalism, criminal sovereignty, special liberty, harm.
Subjects: Social Sciences > Criminology
Social Sciences
Divisions: Faculty of Education and Society
Depositing User: Kate Tudor
Date Deposited: 08 Apr 2019 12:46
Last Modified: 14 May 2020 10:54
URI: http://sure.sunderland.ac.uk/id/eprint/10637
ORCID for Kate Tudor: ORCID iD orcid.org/0000-0001-7646-3966

Available Versions of this Item

  • Toxic Sovereignty: Understanding Fraud as the Expression of Special Liberty within Late-Capitalism. (deposited 08 Apr 2019 12:46) [Currently Displayed]

Actions (login required)

View Item View Item

Downloads

Downloads per month over past year