The Angel of Capital

Above and beyond the monopoly of violence claimed by the major states, there has emerged a new kind of command, a monopoly of actuality, exercised on one hand through the power to teletechnology to shape the world in its own image, and on the other by the power of money to decide what deserves to exist. The effective horizon of this control oscillates somewhere between the news cycle and the business cycle; moment by moment it translates everything it knows into the present tense. It seeks to glory not only in ratifying its mastery over what happens today; it meticulously amortizes what used to be and assiduously discounts what is yet to come.

-- from The Bonds of Debt by Richard Dienst.