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In his account of postmodernity, Fredric Jameson describes the widespread failure of interpretation symptomatic of the society of enjoyment, a failure he links to the contemporary collapse of distance. This means, first of all, that we lack the ability not only to interpret events but even to locate ourselves in the world. According to Jameson, “this latest mutation in space—postmodern hyperspace—has finally succeeded in transcending the capacities of the individual human body to locate itself, to organize its immediate surroundings perceptually, and cognitively to map its position in a mappable external world.” Unable to discover how our spatial world is organized—to perform what Jameson calls cognitive mapping—we experience events as random and disconnected. Cognitive mapping relies on the universalizing, seeing the necessity at work within the seeming randomness of events. But the ability to universalize is precisely what the society of enjoyment militates against. As a result, interpretation appears only in disguised forms.
Jameson sees conspiracy theory as one of these forms. The conspiracy theorist attempts to interpret events, to plot their connection to the whole, and this act involves universalizing. Jameson says, “conspiracy theory (and its garish narrative manifestations) must be seen as a degraded attempt—through the figuration of advanced technology—to think the impossible totality of the contemporary world system.” 2 Grasping the totality is impossible today because, paradoxically, global capitalism is authentically total: we can’t access the point beyond it that would allow us to see it as a totality. However, conspiracy theory makes an effort at universalizing, even if this effort involves a fallacious belief in its own transcendence. That is, the conspiracy theorist believes that she/he can attain the (impossible) perspective of an outsider, one looking at the contemporary world system from a point beyond it. But despite this fundamental error, the very prevalence of conspiracy theory indicates the extent to which the society of enjoyment resists the act of interpretation. Today, interpretation finds itself denigrated to such an extent that it appears only in the form of paranoia.
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Todd McGowan (The End of Dissatisfaction: Jacques Lacan and the Emerging Society of Enjoyment (Psychoanalysis and Culture))