Digital Communication 3205F/G Lecture Notes - Lecture 6: Neoliberalism, Fixed Capital, Valorisation

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Immaterial labour: lazzarato insists that this form of labour power is not limited to highly skilled workers but is a form of activity of every productive subject within postindustrial societies. In the highly skilled worker, these capacities are already there. However, in the young worker, the precarious worker, and the unemployed youth, these capacities are virtual, that is they are there but are still undetermined. This means that immaterial labor is a virtuality (an undetermined capacity) that belongs to the postindustrial productive subjectivity as a whole. For example, the obsessive emphasis on education of 1990s governments can be read as an attempt to stop this virtuality from disappearing or from being channeled into places that would not be as acceptable to the current power structures. In spite of all the contradictions of advanced capital and its relation to structural unemployment, postmodern governments do not like the completely unemployable.

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