Journal
CULTURE AND ORGANIZATION
Volume 22, Issue 2, Pages 158-177Publisher
ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD
DOI: 10.1080/14759551.2014.897347
Keywords
crisis; fantasy; identity; ideology; lacan; paradox
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This paper draws on a Lacanian perspective to better understand how crisis can paradoxically produce fantasies of ideological renewal. Using the 2008 economic meltdown as an example, it argues that these events are articulated as a part of a crisis narrative that links past ideals with future stability and progress. At the level of subjectivity, these fantasies reflect the psychological trauma individuals feel in the face of encountering the incoherent and fragmentary Real' of their identity during periods of greater social and economic upheaval. In the context of the current crisis, political leaders attempted to reinforce capitalist ideologies through promoting a fantasy of recovery that connected future prosperity with values of financialization and a global free market', as is borne out in their public statements following this event. Critically, this points to the importance of traversing' these fantasies in order to break free from desires for renewal in favour of those emphasizing transformation.
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