It has recently come to my attention that a quasi-economic study by Pierre Klossowski entitled Living Currency (La Monnaie Vivante) is in the process of being translated by Reena Spaulings, to be published by Reena Spaulings Fine Art. This is particularly noteworthy due to its author’s influence in the history of theory: Pierre Bal-Blanc praises the text for providing the missing link from Bataille to Baudrillard and from Lacan to Foucault and Deleuze. Living Currency was originally published in 1970, only two years prior to the publication of Deleuze & Guattari’s Anti-Oedipus and four years prior to the publication of Lyotard’s Libidinal Economy (in which the work of Klossowski plays a key role), so it will be most interesting to compare and contrast these authors’ respective theories of political economy.
Bal-Blanc (who has hosted a long-running art exhibition of the same name as the text) summarizes Living Currency as follows:
The book’s introduction posits very simply the initial perversion as the first manifestation in a human being of the distinction between reproductive instincts and voluptuous emotion. This first perversion distinguishes human from mechanism, and will later be found to be the definition of human thought. Then, ideology appropriates perversion as “false or foul thinking”—the industrial and capitalist system, in organizing the production processes towards specific and policed ends, closes them down in the same gesture as it expels everything that overruns for being perverse. For example, a tool is used for doing only one thing. It is perverse to exceed, to overrun. This is the limitation at the foundation of the capitalist division of labor. Thus the drive behind the “open form” or the “open work” becomes to explode and dismiss these limits, to multiply possibility. These practices, so typical of the 1970s, work to invert or reverse the industrial system, which borders on perversion, instrumentalizing it. One can also go back to Charles Fourier,…who tried to offer a theory of impulses be [sic] distributed in another organism, taking into account their necessary variety….
Likewise, the online poetry zine The Claudius Appbriefly describes the book in the following terms:
A magisterially paranoiac and prescient investigation of libidinal economy and economies of affect, Living Currency updates Fourier for a post-Fordist era: a para-cybernetic flowchart by Sade’s “neighbor” linking the processes and products of art and industry through their human, all too human medium of exchange. From the trade in bathos to spot-priced simulacra and the orgasms they unfailingly blow out like O-rings: enjoying your symptom means pricing your fantasm. Raise a glass with Juliette, to the open market—may it never close its legs.
The same zine has published the two last sections of the English translation, the latter excerpt serving as part of its introduction. (See above for the link.) It may be worthy of note that for the rest of his life following the publication of Living Currency, Klossowski’s efforts were near-exclusively devoted to painting, his artwork having since achieved some renown in the art world.
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