The article focuses on the relation established by Foucault in the two lecture
courses Security, Territory, Population and The Birth of
Biopolitics between life, nature and political economy. It explores the
ways in which liberalism constructs a notion of economic nature as a phenomenon of
circulation of aleatory series of events and poses the latter as an internal limit to
sovereign power. It argues that the entwinement of vital and economic processes
provides the means of internal redefinition of the raison d’État and
uses such an explanation to understand the emergence of the network topos as a
technology of regulation of the unstable co-causality of milieus of circulation. The
article also follows Foucault’s argument that the neoliberal market is significantly
different from the liberal market inasmuch as, unlike the latter, it is not defined
as an abstract logic of exchange among equals but as an ideal logic of competition
between formal inequalities. Finally it asks whether new theories of social
production and sympathetic cooperation, in the work of authors such as Yochai Benkler
and Maurizio Lazzarato, can offer an alternative to the neoliberal logic of
market-based competition as the basis for the production of new forms of life.