The Grand Economy: Nietzsche and the virtual political economy of life

Abstract

Tracing the themes of political economy in Nietzsche’s thought, this article has two main purposes. The first of these is to problematize some narratives such as eternal return, will to power, and revaluation of values, which are the crucial concepts of Nietzsche’s thought, in the critique of political economy. The second is to re-read Nietzsche’s themes of political economy in conjunction with the concept of the virtual political economy of life, to link Nietzsche’s ‘grand politics’ with the overshadowed concept of ‘grand economy’ by making the move that put Nietzsche’s hammer on the idols of the established grammar of political economy. All of these themes are part of an economy of power that goes against the grasp of economics and political economy by grammatical thought. I call this political economy the virtual political economy of life.