One of the most memorable books I’ve read over the last decade or so is Mark Fisher’s Capitalist Realism: Is There No Alternative? (2009). The book is a slim, 81-page pamphlet describing the feeling that “not only is capitalism the only viable political and economic system, but also that it is now impossible even to imagine a coherent alternative to it.” As Fisher explains, a lot of ideological work is done to prevent us from imagining alternatives, including the increasingly capitalist sheen of anti-capitalism, and there are a few areas—the overall non-response to climate change and biosphere-scale threats, for example—where capitalist realism ideology has failed to co-opt dissent, suggesting at least the possibility of an alternative on the horizon, even if Fisher himself does not imagine or present one.

A very clear example of capitalist realism can be found in the ethical altruism (EA) movement, which focuses on getting charity to the less well-off via existing capitalist structures. Singer (2015), the moment’s resident philosopher, justifies this by setting the probability of a viable alternative to capitalism surfacing in any reasonable time frame to be zero. Therefore the most good one can do is to ruthlessly accumulate wealth in the metropole and then give it away where it is most needed. Any synergies between the wealth of the first world and the dire economic conditions in the third world simply have to set aside.

Fisher’s term capitalist realism is a sort of pun on socialist realism, a term for idealized, realistic, literal art from 20th century socialist countries. His use of the term realism is (deliberately, I think) ironic, since both capitalist and socialist realism apply firm ideological filters to the real world. The continental philosophy stuff that this ultimately gets down to is a bit above my pay grade, but I think we can generalize the basic idea: X realism is an ideology that posits and enforces the hypothesis that there is no alternative to X.

If one is willing to go along with this, we can easily talk about, for instance, neural realism, which posits that there is simply no alternative to neural networks for machine learning. You can see this for instance in the debate between “deep learning fundamentalists” like LeCun and the rigor police like Rahimi (see Sproat 2022 for an entertaining discussion): LeCun does seem believe there to be no alternative to employing methods we do not understand with the scientific rigor that Rahimi demands, when it seems obvious that these technologies remain a small part of the overall productive economy. An even clearer example is the term foundation model, which has the fairly obvious connotation that they are crucial to the future of AI. Foundation model realism would also necesarily posit that there is no alternative and discard any disconfirming observation.

References

Fisher, M. 2009. Capitalist Realism: Is There No Alternative? Zero Books.
Singer, P. 2015. The Most Good You Can Do. Yale University Press.
Sproat, R. 2022. Boring problems are sometimes the most interesting. Computational Linguistics 48(2): 483-490.