Abstract

Money is the epitome of Marx’s fetishised commodity. And, in Marxist discussions of the connected topics of currency and commodity fetishism, it often is left under-appreciated that such fetishism reaches its apotheosis only with the development of ‘interest-bearing capital.’ Herein, I perform two complementary gestures, one as regards Marxism and another with respect to psychoanalysis. Apropos Marxism, I counter-balance the usual, long-standing (over)emphasis on commodity fetishism as per the first volume of Das Kapital with a foregrounding of this fetishism as per the third volume. Apropos psychoanalysis, I shift away from its traditional fixation on reducing financial matters to libidinal contents. I explore instead the implications of the forms of capitalist fetishism for reconsidering the forms of intra-subjective defence mechanisms. This leads me to posit a complementary inversion of Lacan’s dictum according to which ‘repression is always the return of the repressed’: The return of the repressed sometimes is the most effective repression. To pose a rhetorical question paraphrasing Brecht: What is the laundering of money compared with the laundering that is money?