This text explores the economic, sex/gender, and racialized passage of
CAPITAL from its modern to its ultramodern phase Here the parasitism
of CAPITAList power shifts to a New World Order of social domination b
ased, not simply upon the exploitation of human labor, but upon the te
chnological invasion of human bodies by cybernetic feedback mechanisms
, high/speed image-processing, and self-liquifying social control. Roo
ted in ''military metaphysics '' and a whitemale imagination of flexib
le economic accumulation, the HIStorical emergence of ultramodern CAPI
TAL signals a dangerous new ritual environment for contemporary social
problems. It also presents important theoretical, methodological, and
political challenges to the critical sociological imagination. Struct
ured as an analytic collage, the paper asks that we, as social scienti
sts, reflexively double back upon our own complicities with current in
formational modalities of power, so as to jam or uproot the most ''pos
sessive'' features of cybernetic culture. Originally ''performed'' as
part of the 1992 SSSP Presidential Address, the text includes visual i
mages used during that presentation. It also includes a discussion of
the relationship between telecommunicative mediums of memory and the e
clipse of HIStorical awareness, the ultramodern police bombing of the
Move community in Philadelphia, and a critical analysis of CAPITAList
appropriations of Voodoo-based religious practices and other African-A
merican styles of resistance.