First Floor Vol 1: Reflections on Electronic Music Culture

A rigorous and mind-blowing account of the dynamics of capitalism today through an in-depth exposition of software, speculative finance, and the highest scales of arbitrage.

At the centre of Marek Poliks and Roberto Alonso Trillo's argument is the idea that capital does not belong to humans, it belongs to—and is governed by—itself. Traditional economic theory struggles to keep up with the rapid rate of acceleration, and this book steps in to address this:

"The critical orthodoxy is slowing; it's tired, it's not especially good at the internet, it's probably never manned a Starbucks counter or an anonymous cubicle. Its younger adepts—though digitally native—are chronically underemployed, unavailable, drowning in the student debt (or student opportunity cost) required for entry into the critical apparatus. Few have any patience for the numbing slop-speak of the LinkedIn economy, the libertarian enclave of forex and HFT and memecoins, the quarter-zip depravity of employment at the charnel houses of McKinsey or Deloitte or Accenture, the blazingly random mood-swings of venture capital that lubricate all of the above. This impatience is—in the parlance of the above—a blocker: it means that the critical apparatus underestimates the power of the software economy, struggles to articulate the morphological density of digitally-realized capitalism, comprehensively ignores the functional death of labor, and doesn't understand scale."

Introduction by Charles Mudede.
Afterword by Alex Quicho.

"A masterpiece... Nick Land for adults."
— 0nty

A punk rock anti-memoir told through the eyes of a biracial Afrolatino punk academic. 

¡PÓNK! follows Moose, an alienated academic and lead guitarist for Pipebomb!, as he navigates through spaces in and out of South East Los Angeles: punk clubs, college classrooms, family gatherings, street protests, and euphoric backyard shows.Oscillating between autofiction, memoir, and lyric, Clayton blurs genres while articulating the layered effects of racism, trauma, immigration, policing, Black hair, performance, and toxic academic language to uncover how one truly becomes an "ally." Borrowing from the spatial lyricism of Claudia Rankine, the genre-bending storytelling of Alexander Chee, and the racial musings of James Baldwin, ¡PÓNK!'s narrative takes back punk rock and finds safe space in the mosh pit.

Isabelle Graw reflects on the purposes and struggles of friendship in competitive social milieus.

By focusing on her own social milieu—the art world—Graw demonstrates how friendships are neither totally disinterested nor reduceable to their use. Written in the intimate form of a fictional diary, this book laments useful friendships while praising true friendship in all its forms. For Graw, friendship is an existential necessity—if only because it points to how we relate to and depend on others. Friendship, she finds, is as important as the air we breathe—with it, we are able to fully live.

"On the Benefits of Friendship strangely calls to mind the fictional schoolboy-diary format Robert Walser staged to deliver his first novel. Aware of its own performance while successfully assuming its desired voice, Graw's diaristic story is a clever vehicle for social critique of utility friendships." 
— Stephanie LaCava, author of I Fear My Pain Interests You

"Isabelle Graw has written the Elective Affinities for the twenty-first century, as a feminist novel and a dysfunctional family portrait set in the contemporary art world."
— Violaine Huisman, author of The Book of Mother

Isabelle Graw is Professor for Art Theory and Art History at Staatliche Hochschule für Bildende Künste (Städelschule), Frankfurt am Main, where she co-founded the Institute of Art Criticism. She is an art critic and co-founder ofTexte zur Kunst in Berlin.

A collection of twenty-six abécédaire missives by Sharon Kivland, written and sent daily to the editors (MS & AWL) between Friday 7 February and Tuesday 4 March 2025. Interjected with melancholic ‘Mes horizons’ postcard erasures and an insert of abcedminded replies by Matthew Stuart titled ‘A Letter Always Suggests a Word’, this publication is both a standalone edition and precursor to BFTK#8, which focuses on letters (alphabets) and letters (correspondence). 

‘These are Addressed to You’ addresses what it means to be addressed and to address, to write with love and scorn, to seal with a kiss and conceal impressions and hair within a letter’s folds, to inscribe with ink and thread, to speak with and to those we admire. Drawing on / from Freud and Lacan, Joyce and Carringdon, Camille Corot and many more, these letters are about writing and reading, about language falling and bumping you on the head.

Basta Now. Women, Trans & Non-binary in Experimental Music is a non-academic essay by French poet, novelist and music enthusiast Fanny Chiarello. It’s also the first book to be published by Permanent Draft, an all-female record label and micro-press founded by Chiarello & musician Valentina Magaletti, dedicated to promoting contemporary female, non-binary and transgender artists.

Basta Now is essentially a huge (yet admittedly not definitive) overview of 2,371 womxn in the global experimental sound & music scene. It’s been writ ten in playful and compelling prose and stylishly presented with photos, illustrations, and discographies.

“This book has nothing against men, it’s just not about them” (Fanny Chiarello)