WOLA-Duke Book Award Finalist
In Blood and Capital: The Paramilitarization of Colombia, Jasmin Hristov examines the complexities, dynamics, and contradictions of present-day armed conflict in Colombia. She conducts an in-depth inquiry into the restructuring of the state’s coercive apparatus and the phenomenon of paramilitarism by looking at its military, political, and legal dimensions. Hristov demonstrates how various interrelated forms of violence by state forces, paramilitary groups, and organized crime are instrumental to the process of capital accumulation by the local elite as well as the exercise of political power by foreign enterprises. She addresses, as well, issues of forced displacement, proletarianization of peasants, concentration of landownership, growth in urban and rural poverty, and human rights violations in relation to the use of legal means and extralegal armed force by local dominant groups and foreign companies.
Hristov documents the penetration of major state institutions by right-wing armed groups and the persistence of human rights violations against social movements and sectors of the low-income population. Blood and Capital raises crucial questions about the promised dismantling of paramilitarism in Colombia and the validity of the so-called demobilization of paramilitary groups, both of which have been widely considered by North American and some European governments as proof of Colombian president Álvaro Uribe’s advances in the wars on terror and drugs.
The central Gujarat region of western India is home to the entrepreneurial landowning Patel caste who have leveraged their rural dominance to become a powerful global diaspora of merchants, industrialists, and professionals. Investigating the Patels’ intriguing ascent, Vinay Gidwani analyzes its broad implications for the nature of labor and capital worldwide.
With the Patels as his central case, Gidwani interrogates established concepts of value, development, and the relationship between capital and history. Capitalism, he argues, is not a frame of economic organization based on the smooth, consistent operation of a series of laws, but rather an assemblage of contingent and interrupted logics stitched together into the appearance of a deus ex machina. Following this line of thinking, Gidwani points to ways in which political economy might be freed of its lingering Eurocentrism, raises questions about the adequacy of postcolonial studies’ critique of Marx and capitalism, and opens the possibility of situating capitalism as a geographically uneven social formation in which different normative or value-creating practices are imperfectly sutured together in ways that can equally impair and enable profit and accumulation.
Both theoretically astute and empirically informed, Capital, Interrupted unsettles encrusted understandings of staple concepts within the human sciences such as hegemony, governmentality, caste, and agency and, ultimately, does nothing less than rethink the very constitution of capitalism.
Vinay Gidwani is associate professor of geography and global studies at the University of Minnesota.
The celebration of Washington D.C. basketball is long overdue. The D.C. metro area stands second to none in its contributions to the game. Countless figures who have had a significant impact on the sport over the years have roots in the region, including E.B. Henderson, the first African-American certified to teach public school physical education, and Earl Lloyd, the first African-American to take the court in an actual NBA game. The city's Spingarn High School produced two players – Elgin Baylor and Dave Bing – recognized among the NBA’s 50 greatest at the League’s 50th anniversary celebration. No other high school in the country can make that claim.
These figures and many others are chronicled in this book, the first-ever comprehensive look at the great high school players, teams and coaches in the D.C. metropolitan area.
Based on more than 150 interviews, The Capital of Basketball is first and foremost a book about basketball. But in discussing the trends and evolution of the game, McNamara also uncovers the turmoil in the lives of the players and area residents as they dealt with prejudice, educational inequities, politics, and the ways the area has changed through the years.
The United States presents the greatest source of global geo-political violence and instability. Guided by the radical political economy tradition, this book offers an analysis of the USA’s historical impulse to weaponize communication technologies.
Scott Timcke explores the foundations of this impulse and how the militarization of digital society creates structural injustices and social inequalities. He analyses how new digital communication technologies support American paramountcy and conditions for worldwide capital accumulation. Identifying selected features of contemporary American society, Capital, State, Empire undertakes a materialist critique of this digital society and of the New American Way of War. At the same time it demonstrates how the American security state represses activists—such as Black Lives Matter—who resist this emerging security leviathan. The book also critiques the digital positivism behind the algorithmic regulation used to control labour and further diminish prospects for human flourishing for the ‘99%’.
Capital, State, Empire contributes to a broader understanding of the dynamics of global capitalism and political power in the early 21st century.
The history of the modern social sciences can be seen as a series of attempts to confront the challenges of social disorder and revolution wrought by the international expansion of capitalist social relations. Alexander Anievas focuses on one particularly significant aspect of this story: the intersocietal or geosocial origins of the two world wars, and, more broadly, the confluence of factors behind the Thirty Years’ Crisis between 1914 and 1945.
Anievas presents the Thirty Years’ Crisis as a result of the development of global capitalism with all its destabilizing social and geopolitical consequences, particularly the intertwined and co-constitutive nature of imperial rivalries, social revolutions, and anti-colonial struggles. Building on the theory of uneven and combined development, he unites geopolitical and sociological explanations into a single framework, thereby circumventing the analytical stalemate between primacy of domestic politics and primacy of foreign policy approaches.
FINALIST FOR THE GREGORY BATESON PRIZE FROM THE AMERICAN ANTHROPOLOGICAL ASSOCIATION
Dispelling stereotypes about garment workers in the global apparel industry
Castoffs of Capital examines how female garment workers experience their work and personal lives within the stranglehold of global capital. Drawing on fieldwork in Bangladesh, anthropologist Lamia Karim focuses attention onto the lives of older women aged out of factory work, heretofore largely ignored, thereby introducing a new dimension to the understanding of a female-headed workforce that today numbers around four million in Bangladesh.
Bringing a feminist labor studies lens, Castoffs of Capital foregrounds these women not only as workers but as mothers, wives, sisters, lovers, friends, and political agents. Focusing on relations among work, gender, and global capital’s targeting of poor women to advance its market penetration, Karim shows how women navigate these spaces by adopting new subject formations. She locates these women’s aspirations for the “good life” not only in material comforts but also in their longings for love and sexual fulfillment that help them momentarily forget the precarity of their existence under the shadow of capital.
Through richly detailed ethnographic studies, this innovative and beautifully written book examines the making and unmaking of these women’s wants and desires, loves and tribulations, hopes and despairs, and triumphs and struggles.
Contributors. Leonard Blussé, Wen-Chin Chang, Lucille Chia, Bien Chiang, Nola Cooke, Jean DeBernardi, C. Patterson Giersch, Takeshi Hamashita, Kwee Hui Kian, Li Tana, Lin Man-houng, Masuda Erika, Adam McKeown, Anthony Reid , Sun Laichen, Heather Sutherland, Eric Tagliacozzo, Carl A. Trocki, Wang Gungwu, Kevin Woods, Wu Xiao
These incisive writings link the fate of the labor movement to the transformations in the shape of world capitalism, to the rise of the civil rights movement, and to the activists and intellectuals who have played such important roles. Tracing broad patterns of political thought, Lichtenstein offers important perspectives on the relationship of labor and the state, the tensions that sometimes exist between a culture of rights and the idea of solidarity, and the rise of conservatism in politics, law, and intellectual life. The volume closes with portraits of five activist intellectuals whose work has been vital to the conflicts that engage the labor movement, public policy, and political culture.
Some contributors highlight how expedited flows of information allow business professionals to develop new knowledge practices. They analyze dynamics ranging from the decision-making processes of the Federal Reserve Board to the legal maneuvering necessary to buttress a nascent Japanese market in over-the-counter derivatives. Others focus on the social consequences of globalization and new modes of communication, evaluating the introduction of new information technologies into African communities and the collaborative practices of open-source computer programmers. Together the essays suggest that social relations, rather than becoming less relevant in the high-tech age, have become more important than ever. This finding dovetails with the thinking of many corporations, which increasingly employ anthropologists to study and explain the “local” cultural practices of their own workers and consumers. Frontiers of Capital signals the wide-ranging role of anthropology in explaining the social and cultural contours of the New Economy.
Contributors. Jean Comaroff, John L. Comaroff, Greg Downey, Melissa S. Fisher, Douglas R. Holmes, George E. Marcus, Siobhán O’Mahony, Aihwa Ong, Annelise Riles, Saskia Sassen, Paul A. Silverstein, AbdouMaliq Simone, Neil Smith, Caitlin Zaloom
In the Shadows of State and Capital tells the story of how Ecuadorian peasants gained, and then lost, control of the banana industry. Providing an ethnographic history of the emergence of subcontracting within Latin American agriculture and of the central role played by class conflict in this process, Steve Striffler looks at the quintessential form of twentieth-century U.S. imperialism in the region—the banana industry and, in particular, the United Fruit Company (Chiquita). He argues that, even within this highly stratified industry, popular struggle has contributed greatly to processes of capitalist transformation and historical change.
Striffler traces the entrance of United Fruit into Ecuador during the 1930s, its worker-induced departure in the 1960s, the troubled process through which contract farming emerged during the last half of the twentieth century, and the continuing struggles of those involved. To explore the influence of both peasant activism and state power on the withdrawal of multinational corporations from banana production, Striffler draws on state and popular archives, United Fruit documents, and extensive oral testimony from workers, peasants, political activists, plantation owners, United Fruit administrators, and state bureaucrats. Through an innovative melding of history and anthropology, he demonstrates that, although peasant-workers helped dismantle the foreign-owned plantation, they were unable to determine the broad contours through which the subsequent system of production—contract farming—emerged and transformed agrarian landscapes throughout Latin America.
By revealing the banana industry’s impact on processes of state formation in Latin America, In the Shadows of State and Capital will interest historians, anthropologists, and political scientists, as well as scholars of globalization and agrarian studies.
An exploration of race, Hollywood, and the commodification of the body
Incorporations offers a new way of thinking about issues of race, bodies, and commodity culture. Moving beyond the study of identity and difference in media, Eva Cherniavsky asserts that race can be understood as a sign of the body’s relation to capital.
In Incorporations, Cherniavsky interrogates the interplay of nationalism, colonialism, and capitalism in the production of racial embodiment. Testing the links between race and capital, Incorporations examines how media culture transmutes white bodies into commodity-images in such films as Blonde Venus, A Touch of Evil, and Fargo, in the television series The Simpsons, and in the fiction of Octavia Butler and Leslie Marmon Silko. Cherniavsky posits an innovative approach to whiteness studies that does not focus on the emancipatory possibilities of cross-racial identification.Working with the tools of critical race theory as well as postcolonial and cultural studies, Cherniavsky demonstrates how representations of racial embodiment have evolved, and suggests that “race” is the condition of exchangeable bodies under capital.Despite the World Bank’s profound impact on economic, political, and social conditions during the post–World War II era, cultural critics who rigorously theorize other institutions of colonialism and globalization have largely ignored the institution. Working to correct this blind spot, Bret Benjamin’s Invested Interests presents the first extended cultural analysis of the World Bank.
In Invested Interests, Benjamin contends that the World Bank has, from its inception, trafficked in culture. From the political context in which the Bank was chartered to its evolution into an interventionist development agency with vast, unchecked powers, Benjamin explores the Bank’s central role in the global dissemination of Fordist-Keynesianism, its conflicted support for nationalism and the nation-state, and its emerging awareness of the relationships between economics and culture. Benjamin argues that the Bank shapes, and is in turn shaped by, historical pressures of the age—most significantly the rise of third world national liberation movements. Reading a broad array of midcentury archival materials, Benjamin examines not only the Bank’s own growing attentiveness to cultural work but also its prominent place in the thinking of such anti-imperialist intellectuals as Aimé Césaire, Frantz Fanon, and Richard Wright.
Benjamin maps the Bank’s contemporary rhetorical maneuvering in the wake of ever-intensifying protests, offering close readings of the World Bank’s corporate literature, the activities of the antiglobalization World Social Forum, and the writings of prominent Bank critic Arundhati Roy, including her novel The God of Small Things.
Deftly investigating the World Bank’s ideological struggles over six decades, Invested Interests develops a conceptually and politically nuanced critique of the Bank as a cultural institution deeply enmeshed in the last century’s historical transformations of imperial power and anti-imperial struggle.
Bret Benjamin is associate professor of English and director of undergraduate studies at the University of Albany, SUNY.
Owing to Yucatan’s relative isolation, many assume that the history and economy of the peninsula have evolved in a distinctive way, apart from the central government in Mexico City and insulated from world social and economic factors. The essays in this volume suggest that this has not been the case: the process of development in Yucatan has been linked firmly to national and global forces of change over the past two centuries. The essays are by U.S., Mexican, Canadian, and Belizean social scientists representing both well-established and younger scholars. The result is a perspective on Yucatan’s historical development that is at once international, interdisciplinary, and intergenerational.
If our oil addiction is so bad for us, why don’t we kick the habit? Looking beyond the usual culprits—Big Oil, petro-states, and the strategists of empire—Lifeblood finds a deeper and more complex explanation in everyday practices of oil consumption in American culture. Those practices, Matthew T. Huber suggests, have in fact been instrumental in shaping the broader cultural politics of American capitalism.
How did gasoline and countless other petroleum products become so central to our notions of the American way of life? Huber traces the answer from the 1930s through the oil shocks of the 1970s to our present predicament, revealing that oil’s role in defining popular culture extends far beyond material connections between oil, suburbia, and automobility. He shows how oil powered a cultural politics of entrepreneurial life—the very American idea that life itself is a product of individual entrepreneurial capacities. In so doing he uses oil to retell American political history from the triumph of New Deal liberalism to the rise of the New Right, from oil’s celebration as the lifeblood of postwar capitalism to increasing anxieties over oil addiction.
Lifeblood rethinks debates surrounding energy and capitalism, neoliberalism and nature, and the importance of suburbanization in the rightward shift in American politics. Today, Huber tells us, as crises attributable to oil intensify, a populist clamoring for cheap energy has less to do with American excess than with the eroding conditions of life under neoliberalism.
At the dawn of the twentieth century, the US-Mexico border was home to some of the largest and most technologically advanced industrial copper mines. This despite being geographically, culturally, and financially far-removed from traditional urban centers of power. Mining the Borderlands argues that this was only possible because of the emergence of mining engineers—a distinct technocratic class of professionals who connected capital, labor, and expertise.
Mining engineers moved easily between remote mining camps and the upscale parlors of east coast investors. Working as labor managers and technical experts, they were involved in the daily negotiations, which brought private US capital to the southwestern border. The success of the massive capital-intensive mining ventures in the region depended on their ability to construct different networks, serving as intermediaries to groups that rarely coincided.
Grossman argues that this didn’t just lead to bigger and more efficient mines, but served as part of the ongoing project of American territorial and economic expansion. By integrating the history of technical expertise into the history of the transnational mining industry, this in-depth look at borderlands mining explains how American economic hegemony was established in a border region peripheral to the federal governments of both Washington, D.C. and Mexico City.
Delving into narrative histories, prose fiction, and social philosophy, Hill analyzes the rhetoric, narrative form, and intellectual genealogy of late-nineteenth-century texts that contributed to the creation of national history in each of the three countries. He discusses the global political economy of the era, the positions of the three countries in it, and the reasons that arguments about history loomed large in debates on political, economic, and social problems. Examining how the writing of national histories in the three countries addressed political transformations and the place of the nation in the world, Hill illuminates the ideological labor national history performed. Its production not only naturalized the division of the world by systems of states and markets, but also asserted the inevitability of the nationalization of human community; displaced dissent to pre-modern, pre-national pasts; and presented the subject’s acceptance of a national identity as an unavoidable part of the passage from youth to adulthood.
Ortner tracked down nearly all 304 of her classmates. She interviewedabout 100 in person and spoke with most of the rest by phone, recording her classmates’ vivid memories of time, place, and identity. Ortner shows how social class affected people’s livesin many hidden and unexamined ways. She also demonstrates that the Class of ‘58’s extreme upward mobility must be understood in relation to the major identity movements of the twentieth century—the campaign against anti-Semitism, the Civil Rights movement, and feminism.
A multisited study combining field research with an interdisciplinary analytical framework, New Jersey Dreaming is a masterly integration of developments at the vanguard of contemporary anthropology. Engaging excerpts from Ortner's field notes are interspersed throughout the book. Whether recording the difficulties and pleasures of studying one's own peer group, the cultures of driving in different parts of the country, or the contrasting experiences of appointment-making in Los Angeles and New York, they provide a rare glimpse into the actual doing of ethnographic research.
The Pure Theory of Capital, F. A. Hayek’s long-overlooked, little-understood volume, was his most detailed work in economic theory. Originally published in 1941 when fashionable economic thought had shifted to John Maynard Keynes, Hayek’s manifesto of capital theory is now available again for today’s students and economists to discover.
With a new introduction by Hayek expert Lawrence H. White, who firmly situates the book not only in historical and theoretical context but within Hayek’s own life and his struggle to complete the manuscript, this edition commemorates the celebrated scholar’s last major work in economics. Offering a detailed account of the equilibrium relationships between inputs and outputs in an economy, Hayek’s stated objective was to make capital theory—which had previously been devoted almost entirely to the explanation of interest rates—“useful for the analysis of the monetary phenomena of the real world.” His ambitious goal was nothing less than to develop a capital theory that could be fully integrated into the business cycle theory.
Rulers and Capital in Historical Perspective explains why modern banking and credit systems emerged in the nineteenth century only in certain countries that then subsequently industrialized and became developed.
Tracing the contemporaneous cases of India and the United States over time, Abhishek Chatterjee identifies the factors that were crucial to the development and regulation of a modern banking and credit system in the United States during the first third of the nineteenth century. He contrasts this situation with India’s, where the state never formally incorporated a sophisticated private credit system, and thus relegated it to the sphere of the informal economy.
Chatterjee identifies certain features in both societies, often—though not always—associated with colonialism, that tended to restrict the formation of modern institutionalized money and credit markets. Rulers and Capital in Historical Perspective demonstrates thatnotwithstanding the many other differences between the North American colonies (prior to independence), and India, the same facets of their relationships with Great Britain prevented the emergence of a modern banking system in the two respective societies.
An original theory of contemporary capitalist growth and its socio-ecological contradictions
Capital is pushing into motion ever larger global material flows. In doing so it has come to depend on massive expenditures of energy, putting to work fossil fuels and the machines they animate to transform the world, accumulate power and grow the economy. The ecological relations and crises of today’s societies are driven by the processes of extraction of the elements that come together as a throughput of material and energy flows controlled by capital and shaped by its imperative of valorization.
In A Social Ecology of Capital, Éric Pineault proposes an original model of the fossil social metabolism that has sustained the growth of advanced capitalism in the last century.
Drawing on ecological economics and critical political economy, the book analyses how the social structures of accumulation, production, consumption and waste determine and regulate the material flow and the accumulation of material artifacts. Showing how social relations shape the ecology of capital, the book highlights the contradictions humanity now faces.
How economic transformation and the spirit world collide in hypermodern Singapore
In Singapore, the financial center of Southeast Asia, hyperurbanization and commercial development exist alongside enduring belief in the economic power of ghosts: in their ability to control the flows of money and value and to determine the outcome of investments and wagers. Spectropolis explores the unlikely collusion of these two systems, demonstrating both the productive role of popular beliefs in the modern world and the surprising correlations between “late” capitalism and the workings of the spirit realm.
Detailing the logic and practices of Singapore’s ghost economy—from performing exorcisms on real estate development sites to offering money and commodities to the dead as a hedge against precarious real-world transactions—Joshua Comaroff shows how speculative finance, largely governed by chance and volatility, is understood via its inherently spectral qualities. Through the influence of Chinese Buddhist-Taoist thought, the movement of capital is placed under the sway of cosmology and geomancy, resulting in a built environment that is both technologically advanced and quite literally enchanted.
Based on detailed case studies and years of extensive fieldwork, Spectropolis argues for the power of popular belief systems to theorize contemporary socioeconomic conditions and to give form to collective affect as well as shared aspirations and anxieties. As Comaroff demonstrates, the uniquely all-consuming nature of Singapore’s tightly compressed urban economy is such that it may subsume even that which lies beyond the threshold of life itself.
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Birla reveals how the categories of public and private infiltrated colonial commercial law, establishing distinct worlds for economic and cultural practice. This bifurcation was especially apparent in legal dilemmas concerning indigenous or “vernacular” capitalists, crucial engines of credit and production that operated through networks of extended kinship. Focusing on the story of the Marwaris, a powerful business group renowned as a key sector of India’s capitalist class, Birla demonstrates how colonial law governed vernacular capitalists as rarefied cultural actors, so rendering them illegitimate as economic agents. Birla’s innovative attention to the negotiations between vernacular and colonial systems of valuation illustrates how kinship-based commercial groups asserted their legitimacy by challenging and inhabiting the public/private mapping. Highlighting the cultural politics of market governance, Stages of Capital is an unprecedented history of colonial commercial law, its legal fictions, and the formation of the modern economic subject in India.
Centers student experiences in London’s history to tell the two-hundred-year story of student life in the capital.
Offering a detailed examination of life at the original London University (known as University College London since 1836) and many other institutions, this book captures a range of higher education experiences and perspectives in London. With insights into histories of education, class, gender, race, LGBTQ+ culture, leisure, politics, protest, housing, and charity in the capital, Student London draws on a rich and wide-ranging source base that includes several hundred student memoirs and oral history interviews; student newspapers, magazines, and film; visual and material culture; and Mass Observation data, court reports, and secret service files.
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