Capitalism Studies: A Manifesto
It seems odd now to recall that up until a few years ago, the concept of capitalism largely had fallen out of favor as a subject of academic inquiry and critique. Most scholars in the humanities and social sciences regarded the term as too broad, too vague, too encumbered by associations with either Marxism or laissez-faire. Following the collapse of the Soviet Union, capitalism could be taken for granted, it seemed. No person or nation could escape the discipline of efficient, spontaneous, self-regulating, globalizing markets.
Economists cut economies loose from society, institutions, culture, and history. They repositioned their discipline upon models that assumed that rational, utility-maximizing individual parts represented and explained the behavior of the economy-as-a-whole. Many social scientists — especially in political science — embraced these rational-actor models. Others joined historians and humanities scholars in the “cultural turn.” …
Three Reflections on Media Responsibility: Discussing Issues of Monstration
How do you show people’s words?
One of the most interesting problems posed by centralized media and journalism is the problem of authorship. Any news item bears traces of the organizational processes it went through. These processes involve various interventions, by different actors. In a sense they are no less collective than those processes that add up to scientific discoveries. In both cases the notion of “authorship” is misleadingly individualistic.
Take the extreme case of op-eds. Op-eds come with an identifiable author’s signature. They are supposedly characterized by the existence of a simple, indictable origin. Does it mean they were not co-produced by the publishing organization? Does it mean they were not edited by the organization either politely through an exchange of letters and suggestions, or forcibly, through cuts, re-phrasings, and imposed titles? This may be done in the name of clarity. Yet many op-ed authors are extremely lucid writers and need no help in achieving clarity. …
Reflections on a Revolutionary Imaginary and Round Tables
The new always appears in the guise of a miracle
This is the prepared text answering the question “What do we really know about transitions to democracy?” for the General Seminar of The New School for Social Research, March 19, 2014.
It was a quarter of a century ago, in 1989, that a new kind of revolutionary imaginary emerged, one that promises a new beginning, and demonstrates the possibility of comprehensive systemic change without bloodshed. Velvet or otherwise un-radical, this kind of revolution has become a site of tangible hope, a site in which words have power, where people regain their dignity, and realize their agency through instruments other than weapons. Negotiated revolutionis not an oxymoron, but it is still an extraordinary event, as dictatorships are by definition opposed to any spirit of dialogue and compromise. …
Slaves: The Capital that Made Capitalism
Racialized chattel slaves were the capital that made capitalism. While most theories of capitalism set slavery apart, as something utterly distinct, because under slavery, workers do not labor for a wage, new historical research reveals that for centuries, a single economic system encompassed both the plantation and the factory.
At the dawn of the industrial age commentators like Rev. Thomas Malthus could not envision that capital — an asset that is used but not consumed in the production of goods and services — could compound and diversify its forms, increasing productivity and engendering economic growth. Yet, ironically, when Malthus penned his Essay on the Principle of Population in 1798, the economies of Western Europe already had crawled their way out of the so-called “Malthusian trap.” The New World yielded vast quantities of “drug foods” like tobacco, tea, coffee, chocolate, and sugar for world markets. Europeans worked a little bit harder to satiate their hunger for these “drug foods.” …
What’s Left?
A response to Jeremy Varon
Jeremy Varon’s interesting and important response raises three questions: 1) What do we mean by a “Left”? 2) How are we to understand the New Left’s break-up and, specifically the relation of the women’s movement to that break-up and 3) How are we to evaluate the Left today? Let me start with the third and work backwards.
I do not believe we can properly speak of a Left today. Jeremy’s view of a plurality of different movement working independently but parallel to one another avoids all the important questions. A Left needs coherence and direction. It needs leaders, organizations, its own counter public-spheres, some sense of the values that distinguish it from the mainstream. It needs a coherent analysis of such basic ruling class institutions as the Democratic Party, the universities and the so-called public sphere. Obviously I am not advocating a vanguard party, or a mass party of the Debsian sort. But to speak of the huge diversity of present protest movements that might be termed progressive as a Left stretches the term beyond reason. …
Shifting Geographies Rather Than Defections
The debate on feminists and the Left continues
We share Zaretsky’s desire to understand the trajectory of the Left past, present, and future. We disagree with him over the nature of the Left itself and with his account of the dynamics of political change. Where Zaretsky looks to the long duree and to political breaks as sources of current decline, we argue that the Left was always a more protean political formation in which lines of affiliation and disagreement were porous and changing. Finally, we insist, that if we are to understand the fate of the Left we must put it in dynamic relation with the actions of capital. Without expanding the political field, we mis-specify the geographies of political action — then and now. …