Abstract
The essay analyses the global economic crisis from a critical perspective on the function of capital accumulation in space-time. It argues that the relative ‘speed of collapse’ is a historically new phenomenon that has been generated through the neoliberal and ICT driven mode of capitalism that has dominated since the 1970s. The ‘speed of collapse’, I argue, will be followed by a rapid financially led recovery that signals not that the system is self-stabilizing and durable, but that the system is out of control. This lack of control and the irreconcilable effects of space-time upon a constantly accumulating capital with fewer and fewer profitable outlets mean that a future system crisis is both inevitable and will carry greater destructive resonance.
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