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                     CULTURE, SOCIETY AND ECONOMY

                     the final straw. Now not even modernist angst was sufficient to express
                     the depths of felt despair. Even modernism – especially modernism – was
                     said to be a ridiculously optimistic metanarrative. A much more complete
                     decay of subjectivity had occurred and therefore a more totalizing rejec-
                     tion of rationality was required. Even Nietzsche was insufficient – one
                     had to cast one’s eyes further back, with the assistance of the compleat
                     anti-rationalist – Martin Heidegger. 34
                        Thus, in the case of postmodernism, one is faced with a much more
                     deeply felt, thorough-going and rooted crisis of despair than reductionist
                     analyses of ‘reflection’ are willing to concede or able to grasp. As previ-
                     ously pointed out, the emphasis on ‘meaning’ in Lash and Urry’s work is
                     an expression of this fact. Nor is this crisis within the reach of such
                     blithely rationalistic concepts such as ‘reflexivity’ or ‘risk’. This crisis
                     cannot be ‘managed’ by some skilful modern adaptation of the ideas of
                     Hobbes, Locke, Rousseau, Adam Smith, Durkheim, Weber, Marx, Freud
                     or of one or other high priest of the tried and trusty civil society tradi-
                     tion, national or global. Althusser is dead. Foucault, with his quaintly
                     inverted French rationalism, seems hopelessly old-fashioned. Nothing
                     seems meaningful anymore, not even the emptiness of parody, since even
                     parody assumes a coherent subject. All one can do is nurse one’s fatally
                     wounded subjectivity. The point therefore is that those who reject the
                     reductionist and mechanical materialist explanations of modernism and
                     postmodernism have no confidence whatsoever in such rationalistic nos-
                     trums. To them this is an impasse which can only be suffered, never
                     resolved. In this sense, for all their idealism, scholars such as Featherstone,
                     in the end, have a deeper grasp of the intractability of the pitiless crisis
                     which monopoly capitalism has created both for the individual and for
                     global society as a whole.
                        This leads us to consider what I would characterize as Lash and Urry’s
                     rootedness in the notion of the nation. This, to be sure, is not a matter of
                     nationalism or even of the ‘Englishness’ of Christopher Hill, or, of a
                     writer such as E. P. Thompson for that matter, or of the ‘Welshness’ of
                     Raymond Williams. On the contrary, Lash and Urry’s work is explicitly
                     comparative and seeks to go beyond the international to a truly suprana-
                     tional global. Yet their work takes as its unit of analysis the modern devel-
                     oped nation–state – be it Britain, Germany, Sweden, Japan, France or the
                     United States. One can go further – their perspective remains deeply
                     national (not nationalistic) in so far as an important source of their sense
                     of the ‘disorganizing’ effect of contemporary global capitalism is its erosion
                     of the power of the nation–state and its ability to independently regulate
                     its economic, political and cultural affairs. As was the case with the


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