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The General Economy Crossing the Restricted Economy in The Merchant of Venice

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Post-structuralism presents new economic perspectives by deconstructing and reinterpreting existing economic systems. Bataille criticizes bourgeoisie capitalism as a restricted economy, which is based on utility and makes the most of any resources within limitation and distinguishes what he terms a general economy, which allows overabundant production and exhaustive expenditures. Derrida characterizes the economy of gift as transgressing the dominant capitalistic system and furthermore surpassing any restriction while occasionally fabricating contractual economy. The post-structuralist view of the economy can be applicable to the analysis of the characters of The Merchant of Venice. Shylock may be a representative of a restricted economy because economic rationality is usually constitutionalized in him. It is customary for him to calculate, measure, and estimate almost all things related to business ad precisely as possible. In contrast, Antonio, Bassanio and Portia tend to neglect numerical concepts and realize the logic of general economy or of gift economy while not curbing the dissipation of excessive resources and the acceptance of severe suffering. These economies have some similarities to aesthetics. Venice is a place in which the pleasure principle or th principle of homeostasis is operating; pleasure and pain derivative from profit and loss are clearly divided and circulatory within the motive to produce considerable excitement and reduce any displeasure. However, Belmont is appropriate for jouissance, a transgressive desire toward death or Ding and the paradoxical combination of overreaching pleasure and pain, which is analogous to general economy. The difference between the two economic notions is also connected with the confrontation between verbatim and the absence of meaning in terms of epistemology. Not recognizing that the signifying system is based on necessary points de capiton which halts endless slippery of signifiers, Shylock insists upon a strict application of literalism and nominal law, rather confident that words represent objects honestly. However, as Wittgenstein asserts that pursuing the certainty of language results in ambiguity or non-meaning, Portia brings forth evidence of self-contradictorily unacceptable error at the end of literalism. As a representative example of general and gift economy or jouissance, Belmont, susceptible to depression as well as to excessive energy, looms and crosses and disquiets Venice by exposing the hole of logical thinking and enforcing uncertainty or nothingness. It prefigures the defects and limits of the mechanism of capitalistic society and insinuates the necessity of a supplement of general economy.

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