This article introduces the work of A.N. Whitehead and analyses his relevance to contemporary social theory. It demonstrates how a range of authors have recently utilized the work of Whitehead across a range of topics and holds that there is a need for a general introduction to his work that will open up his ideas and possible impact to a wider readership. White-head’s work is introduced through a discussion of his critique of the philosophical and scientific conceptions of substance and (...) materiality, which led to the establishment of nature as passive, external and distinct from the human or social realm. The article further analyses some of the consequences of this position, such as viewing all data or information about the world as inert. This leads to Whitehead’s argument that the retention of these ‘outdated’ conceptions has contributed to contemporary misconceptions of the status of objects within science, for example – genes. I suggest that Whitehead offers much to social theory especially in terms of re-thinking the natural/social distinction and moving beyond linguistic and discursive production to a theory of genuine construction that can incorporate both materiality and subjectivity. (shrink)

Contemporary capitalism is becoming increasingly metaphysical. The article contrasts a ‘physical’ capitalism – of the national and manufacturing age – with a ‘metaphysical capitalism’ of the global information society. It describes physical capitalism in terms of extensity, equivalence, equilibrium and the phenomenal, which stands in contrast to metaphysical capitalism’s intensity, inequivalence, disequilibrium and the noumenal. Most centrally: if use-value or the gift in pre-capitalist society is grounded in concrete inequivalence, and exchange-value in physical capitalism presumes abstract equivalence, then value in (...) contemporary society presumes abstract inequivalence. The article argues that the predominantly physical causation of the earlier epoch is being superseded by a more metaphysical causation. This is discussed in terms of the four Aristotelian causes. Thus there is a shift in efficient cause from abstract homogenous labour to abstract heterogeneous life. Material cause changes from the commodity’s units of equivalence to consist of informational units of inequivalence. Formal cause takes place through the preservation of form as a disequilibriate system through operations of closure. These operations are at the same time information interchanges with a form’s environment. Final cause becomes the deep-structural generation of information from a compressed virtual substrate. This may have implications for method in the social and human sciences. The article illustrates this shift with a brief discussion of global finance. (shrink)