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Representation, Reality Culture, and Global Capitalism in Japan

To examine the cultural meanings and effects of the Japanese economic recession is the task at hand. Yet between the moment our workshop was conceived (fall ) and the moment it was held (fall ) a recovery was invoked. Moreover, given the manic quality of global capitalism the chance of a subsequent downturn by the time this volume is published is not entirely unlikely. This seeming unpredictability of the global economic system might suggest that any attempt to theorize the relation between aesthetics and political economy (between culture and capital) is destined to fail, destined to return to the drawing board after every economic update. For some this marks the final come-from-behind victory of an autonomous cultural analysis, those close textual readings that refuse to consider the way the sociohistorical context might upset the machinery of the critic’s elaborate mousetrap. But if there has ever been a moment to push aesthetics and political economy into the same idea—to put back on the table the relation between forms of cultural production and forms of capitalist production—it is now. For both realms have recently come together over one of the