ABSTRACT
This chapter discusses the key ideologues of late capitalism, including Friedrich Hayek and Milton Friedman. The central question of contemporary capitalism revolves around its impossible durability. The contemporary neoliberal capitalism is never really democratic in political terms, because its ideological form demands that political leaders abandon their concern with ends in favour of working on means which ensure that economy becomes a space of freedom. In neoliberal capitalism the individual is essentially a competitor who thinks through the lens of a kind of economic physics able to rationalise a state of pure war restrained by legal regulation. John Locke's contribution to the emergence of the capitalist utopia involves more than a moralism of productive land, because he also develops a theory of money, which in a sense connects substantive labour in the world. While the capitalist is miserly, and bases productivity in frugality, austerity, and punishment, Bataille's primitive general economist revels in luxurious expenditure.
