Abstract
In the closing episode of Diamela Eltit's 1988 novella The Fourth World, the city of Santiago de Chile—including its inhabitants—goes up for sale. Eltit's investigation of the specter of all‐out commodification illuminates the entwinements of aesthetics and race under finance capitalism. Published at the tail end of the Pinochet dictatorship, the novel makes a poignant contribution to the debate over the “lettered city” in Latin America. Briefly situating The Fourth World in this context and placing it in conversation with current lines of reflection on social identity and the notion of the aesthetic, this article analyzes the novel's implications for a philosophical understanding of the aesthetics–race relation: one, the work attests to an expansive conception of racial identity; two, it comprehends aesthetic agency as a much‐needed and potentially critical site of transformed racial existence; and, three, it calls for multimodal forms of address to counter neoliberal rationality. The article brings out these points through a close reading of passages and by highlighting the novel's decolonial feminist aesthetic. In ending, the article takes note of the new notions of creativity and political participation that arise.