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“Secondly, there’s no question but that the speculative drive of the post-structuralisms and postmodernisms harmonized, on some deep level, with the real life financial speculations of Wall Street. At their best, the postmodernisms were the critical meditation and reflection upon those speculations (as with Jameson’s classic essay on postmodernism); at their worst, they were little more than the media-chatter of academic superstars shielded from the grim realities of economic austerity, skyrocketing tuition and rampant privatization – realities which had begun to undercut the very existence of autonomous national literary, philosophical and cultural departments, as tenured and full-time positions were slashed to make way for vast pools of contingent and adjunct academic workers.”

Dennis Redmond, The World is Watching: Video as Multinational Aesthetics, 1968-1995
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