Wall Street and Silicon Valley - the two worlds this book examines -
promote the illusion that scarcity can and should be eliminated in the
age of seamless "flow." Instead, Appadurai and Alexander propose a
theory of habitual and strategic failure by exploring debt, crisis,
digital divides, and (dis)connectivity. Moving between the planned
obsolescence and deliberate precariousness of digital technologies and
the "too big to fail" logic of the Great Recession, they argue that the
sense of failure is real in that it produces disappointment and pain.
Yet, failure is not a self-evident quality of projects, institutions,
technologies, or lives. It requires a new and urgent understanding of
the conditions under which repeated breakdowns and collapses are quickly
forgotten.
By looking at such moments of forgetfulness, this highly original book
offers a multilayered account of failure and a general theory of denial,
memory, and nascent systems of control.