Thanks to everyone who came out to our fifth anniversary party in December. It’s 2014 now and we are still hungover. But we want to tell you about a very strange thing that happened to us there. Late in the night we met a young Chinese artist through a friend, and she told us about a recurring nightmare of hers. What happens most nights is this: each time she produces an artwork, a giant barbarian with a long beard appears wielding a sword as long as a person is tall. And with the rounded blade of the sword, he slices ...

Neoliberalism began as the idea that economic rationality could be applied as a model of governance in place of political ideology. No more authoritarianism. Just the rational calculation of people’s needs and wants. But now we realize that needs and wants are not rational. They are crazy. And they take place on such vastly different scales that, without any political idea to stabilize desires and render them accountable—even simply in the sense of being legible and comprehensible—we are faced with nothing but irrationality as a governing order. Even logistical mechanisms are only the infrastructural bracketing of a rational order that ...