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.” …
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.” …
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. …
Technology R’ Us
Sherry Turkle and our relationship to the digital
“Where are the sensitive machines … ?” So goes part of a tweet reproduced on the flyleaf to Sherry Turkle’s Alone Together. The lament is not new. Over 30 years ago the designer and design theorist John Chris Jones pointed to the low sensitivity of technical systems to humans and contrasted this with extreme adaptations that technical systems demanded of their human subjects. Adorno, in 1942, had already thought something of the same. Rejecting the common idea that technology is somehow “outside” of us, he insisted on the contrary that “the new human type” as he put it, “cannot be understood without awareness of what he is continually exposed to from the world of things about him, even in his most secret innervations.” And he added for good measure: “Technology is making gestures precise and brutal and with them men.” …
Big Data, Little Music
Established musicians are speaking up about the state of the music world, and they are not happy. They report that there’s no money available to make music, and no money to be made from it. Some have blamed fans for killing the business, by insisting on getting music for free. Others decry the fact that now that everyone is making music, there’s an abundance of dreadful stuff around because the technology that’s used to make music sounds so cheap, and because real musicianship and original musical ideas no longer seem to matter. The complaint that the magic of human performance is lost as music is more often programmed than made by people actually playing together, has only picked up steam since it emerged in the 1980s. Readers and viewers have responded to statements such as these in various ways, but the majority seem to dismiss these viewpoints as out of touch with current reality, and say good riddance to the music world of the past. …