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Tag: economy

Political Economy for the End of Times: Gareth Dale on Capitalism and Climate Breakdown


The Ecologist

 A three-part interview on capitalism and climate breakdown from the podcast Political Economy for the End Times. Listen to the full interview with Political Economy for the End Times.

Part I

Javier Moreno Zacares (JMZ) from Political Economy for the End of Times: I wanted to start this interview by exploring the broad question of the relationship between capitalism and the environment.

I think that a good entry point is the conceptual distinction that you draw between ‘capitalist time’ and ‘ecological time’. Can you explain what these two temporalities are and how they relate to one another? 

Gareth Dale (GD): Human beings relate to various systems through different temporalities. That is, the different rhythms of time and the different ways in which humans relate to time. In my essay for The Ecologist  that you are referring to, I look at three of those: geological time, ecological time, and capitalist time. All social systems are ways of organizing behaviour and time.

Under capitalism, the aim is to increase profit and save time. This accounts for some of its central dynamics: The systematic disciplining of labour and the segregation of labour from the rest of human experience, which enables labour-time to be marked out and measured. The continual acceleration of labour-processes through technical and social change. The fetishism of technology, which has a key role in displacing labour and decreasing the circulation time of capital. And also, of course, the systematic degradation of the natural environment. In a sense, capitalism eats time, and in the process erases nature.

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Planning and Anarchy


by Jasper Bernes (2020) PDF

Central planning?! Computers can do it!!! Among the intuitions animating the contemporary left, we must rank rather high the felt sense that powerful new computing technologies now offer a solution to problems of calculation previously insuperable for the red-eyed central planners of “actually existing” socialist states. This is more or less the central thrust of Leigh Phillips and Michal Rozworski’s recent book, The People’s Republic of Walmart, recapitulating a line of argument expressed in prominent books like Nick Srnicek and Alex Williams’s Inventing the Future and Paul Mason’s Postcapitalism. Walmart and other corporations demonstrate that “economic planning on a massive scale is being realized in practice with the assistance of technological advance, even as the wrangling of its infinities of data . . . are supposed to be possible to overcome” (Phillips and Rozworski 2019: 39) . . .

source: South Atlantic Quarterly (2020) 119 (1): 53–73

No Bases, No Superstructures: Against Legal Economism


Nate Holdren and Rob Hunter on rethinking the “base/superstructure” model.

via Legal Form

[Several recent posts on Legal Form have tackled the “base/superstructure” model sketched in Marx’s A Contribution to the Critique of Political Economy, posing questions about its analytical usefulness, correct interpretation, and ongoing relevance. For these earlier posts, authored by Anandha Krishna Raj, Nate Holdren, and Matthew Dimick respectively, see herehere, and here. The present post responds to and builds upon these earlier posts.]

Three Different Accounts of the Relationship Between State and Civil Society

Capitalist society subordinates human flourishing and freedom to the accumulation of value. This proposition is central to Marx’s critique of political economy. Historically, critics of Marx have taken this view to mean that he is a fundamentally economic thinker, portraying his critique as merely economic, and thus necessarily inadequate or distorted. This criticism has motivated a number of attempts to theorize the relationship between economic relations and other social relations. Such attempts are premised on the recognition that the sum of economic relations is not simply the prime mover of every other social relation. Law, the state, culture and subculture, religion, gender, sexuality, and more all have specificities forged through concrete histories of struggle, just like (and in close connection with) economic relations.

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We Need a New State Debate (Part Two) — Chris O’Kane

The second part of Chris O’Kane’s critical reevaluation of Marxist state theories and debates.

via We Need a New State Debate (Part Two) — Chris O’Kane — Legal Form

The State Derivation Debate [1]

The so-called second generation of Frankfurt critical theorists, Jürgen Habermas and Claus Offe, had formulated social-democratic theories of the state. They had argued that capitalism’s crisis tendencies had been overcome and that the working class had been integrated into contemporary society. All struggles were thus political struggles over the state’s management of economic relations, and social democracy represented the road to human fulfilment.

Johannes Agnoli had critiqued Habermas and Offe’s theories. For Agnoli the state was the political form of capitalist reproduction, not something to be understood as separate from economic relations. Keynesianism, moreover, had not overcome class struggle, but rather “statified” it by incorporating the working class into a vast bureaucracy. All struggles should thus be outside of and against the state in order to abolish it outright, and with it the whole of capitalist society.

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Nowhere to Go: Automation, Then and Now


by Jason Smith

Part One

It is in this serious light that we have to look at the question of the growing army of the unemployed. We have to stop looking for solutions in pump-priming, featherbedding, public works, war contracts, and all the other gimmicks that are always being proposed by labor leaders and well-meaning liberals.

– James Boggs, The American Revolution

In 1963, James Boggs, a black autoworker employed for over two decades at a Chrysler plant in Detroit, published a short book focused on the nefarious effects of automation on class struggle in the United States. The story told in The American Revolution: Pages from a Negro Worker’s Notebook begins with the early 1930s, the decomposition of the old craft unions, and a global economy in the throes of an unprecedented near-collapse; it arrives at a high point with the late 1930s, with a now-forgotten wave of sit-down strikes that tore through the tire and auto industries between 1933 and 1937, most famously at the Flint General Motors plant in early 1937.1 This was, in Boggs’s estimation, the “greatest period of industrial strife and workers’ struggle for control of production that the United States has ever known.” But this period also gave rise, under the reformist efforts of the New Deal and in a climate of mass unemployment, to the Wagner Act and the institutionalization of class struggle. The UAW, which just a few years earlier organized the sit-down strikes in the auto industry, had by 1939 banned the tactic in the plants. In the cast shadow of imminent war, the union’s no-strike pledge, along with the inevitable encrustation of a bureaucratic stratum more at home in the offices of management than on the workbenches, left workers to wildcat their way through the war. The Second World War witnessed thousands of work stoppages: an astonishing 8,708 strikes implicating over four million workers took place, according to Boggs, over one two-year period while war production was in full swing. Union pledges of discipline notwithstanding, order did not therefore always prevail. Workers, many of them from the rural South, and new to the world of the factory, consistently bucked against the dictates imposed by management and enforced by their own representatives. The wildcat strikes were not, however, always defections from the dictates of union bureaucrats and the boss. In 1943, a UAW-organized Packard plant was the site of a “hate strike” organized by white workers to push back against the influx of black workers into the factories, and the integration of assembly lines. Soon after, a tumultuous “race riot” broke out in the city, as white workers attacked black workers who now competed with them for housing. Dozens were killed, hundreds wounded; mostly black, and primarily at the hands of police and the National Guard. The city would be occupied by federal troops for a full half year after. Such was, for better and for worse, the American workers movement at its most militant.2

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The Shut-In Economy

by Lauren Smiley


Angel the concierge stands behind a lobby desk at a luxe apartment building in downtown San Francisco, and describes the residents of this imperial, 37-story tower. “Ubers, Squares, a few Twitters,” she says. “A lot of work-from-homers.”

And by late afternoon on a Tuesday, they’re striding into the lobby at a just-get-me-home-goddammit clip, some with laptop bags slung over their shoulders, others carrying swank leather satchels. At the same time a second, temporary population streams into the building: the app-based meal delivery people hoisting thermal carrier bags and sacks. Green means Sprig. A huge M means Munchery. Down in the basement, Amazon Prime delivery people check in packages with the porter. The Instacart groceries are plunked straight into a walk-in fridge.

This is a familiar scene. Five months ago I moved into a spartan apartment a few blocks away, where dozens of startups and thousands of tech workers live. Outside my building there’s always a phalanx of befuddled delivery guys who seem relieved when you walk out, so they can get in. Inside, the place is stuffed with the goodies they bring: Amazon Prime boxes sitting outside doors, evidence of the tangible, quotidian needs that are being serviced by the web. The humans who live there, though, I mostly never see. And even when I do, there seems to be a tacit agreement among residents to not talk to one another. I floated a few “hi’s” in the elevator when I first moved in, but in return I got the monosyllabic, no-eye-contact mumble. It was clear: Lady, this is not that kind of building.

Back in the elevator in the 37-story tower, the messengers do talk, one tells me. They end up asking each other which apps they work for: Postmates. Seamless. EAT24. GrubHub. A woman hauling two Whole Foods sacks reads the concierge an apartment number off her smartphone, along with the resident’s directions: “Please deliver to my door.”

“They have a nice kitchen up there,” Angel says. The apartments rent for as much as $5,000 a month for a one-bedroom. “But so much, so much food comes in. Between 4 and 8 o’clock, they’re on fire.”

I start to walk toward home. En route, I pass an EAT24 ad on a bus stop shelter, and a little further down the street, a Dungeons & Dragons–type dude opens the locked lobby door of yet another glass-box residential building for a Sprig deliveryman:



“Sweet,” Dungeons & Dragons says, grabbing the bag of food. The door clanks behind him.

And that’s when I realized: the on-demand world isn’t about sharing at all. It’s about being served. This is an economy of shut-ins.

David Harvey and Robert Brenner

Robert Brenner and David Harvey held this conversation December 1, 2016, at the CUNY Graduate Center. The event was hosted by the Center for Place, Culture and Politics.

Here is the full conference, divided into 3 parts.

Part 1:

Part 2:

Part 3:

Endnotes 4, 3, 2, 1


  1. A chronicle of #BlackLivesMatter, situating this movement in the history of race politics and struggles in the US. Traces the shifting meaning of black identity in a context of growing surplus populations managed by incarceration and police violence.


    The rise and fall of the workers’ movement, 1883-1982. European socialists and communists had expected the accumulation of capital both to expand the size of the industrial workforce and, at the same time, to unify the workers as a social subject: the collective worker, the class in-and-for itself. Instead capitalist accumulation gave birth to the separated society. The forces of atomisation overpowered those of collectivisation. Late capitalist civilisation is now destabilising, but without, as yet, calling forth the new social forces that might be able, finally, to dissolve it.

    1. PREFACE








    An analysis of the biggest protest wave taking place in Bosnia-Herzegovina since the 1992-95 war. When workers from privatised factories — whose demands had been ignored by authorities for years — were attacked by police in Tuzla in February 2014, thousands took to the streets, storming several Canton government buildings and setting them on fire. During the following months, citizens held large assemblies, where they rejected the ethnic divisions that had plagued the country for more than two decades. Analyzing the relation of the protesters to the state, as well as the specific role of nationalism in the region, we look at how this movement tried to answer the problem of composition.



    The United States is anomalous among the most developed capitalist countries for its lack of social democratic structures and independent working class politics. This article argues that the peculiar spacial deployment of capital’s powers in the U.S. following the ‘sprawl’ model and the redistribution of wealth downwards through highly racialized and gendered private home ownership have played an important role in the rise of reactionary populism. In pointing out both the particular and the more general moments of this development, this piece also hopes to point out some of its limits and the potential for its subversion.


    A clarification of the concept of surplus population. Explores the problem of applying this category to a single, coherent social subject and of valorising the surplus as the new global revolutionary agent. Attempts to sketch a relation between surplus population and social stigmatisation or abjection.



    Past, present and future of the Endnotes project.


    Since 2007, states have been forced to undertake extraordinary actions. Bailouts have shifted private debts onto public balance sheets. And the world’s central banks are spending billions of dollars, every month, to convince capital to invest in a trickle. So far these state interventions have managed to stall the unfolding crisis. Yet its petrification has been the petrification of class struggle. Like the crisis itself, the struggles of 2011–2013 entered a holding pattern, unable to venture beyond the weak unity—defined by anti-austerity, anti-police, and anti-corruption sentiments—that was established in the movement of the squares.


    Marxist-feminists have employed a number of binary oppositions: productive/reproductive, paid/unpaid and public/private. We interrogate these categories and propose new ones. Starting from the specificities of the production and reproduction of labour-power, we define gender as the anchoring of individuals into two separate spheres of social reproduction. We trace the development of these spheres through the history of the capitalist mode of production, and survey the dynamics of gender in the recent crisis, which we characterize as a rise of the abject.


    A reading of the 2011 England riots and British student movement against a backdrop of decades-long social processes of abjection, class decomposition and the tendential disintegration of the wage relation.



    An inquiry into the consequences of “the logistics revolution” for contemporary struggles. In light of the disaggregation and diffusion of productive capacity across the globe, direct seizure of the means of production no longer describes an implementable project for the majority of proletarians. New horizons and prospects materialise.



    Without taking identity, cultural difference, or normative “privilege” as fundamental categories of anti-racist analysis, this article sketches a racial genealogy of superfluous populations as a constitutive feature of the emergence and spatial expansion of capitalism. The possibility of abolishing “race” as superfluity is therefore bound to contemporary anti-capitalist struggles, and vice-versa.


    How can we recover the key concepts of revolutionary theory today, that is, after the end of the workers’ movement? We offer the following reflections on three concepts — spontaneity, mediation, rupture — as an attempt to re-fashion the core of revolutionary theory, for our times. By taking cognisance of the gap that separates us from the past, we hope to extract from past theories something of use to us in the present.



    Taking the capitalist class relation as a self-reproducing whole, the horizon of its overcoming appears as an invariant aspect of this whole, albeit one with a historically variant quality. Surplus population and capital’s basic problem of labour characterise core dynamics underlying the shift in this horizon beyond the old programme of workers’ power.


    A re-reading and historical interpretation of Marx’s “general law of accumulation”— the tendency for the expanded reproduction of capital to throw off more labour than it absorbs—in light of the growth of surplus populations and surplus capital in the world today.


    Preliminary materials for a theory of home-ownership, credit, and housework in the post-war US economy. How is the fundamental separation between production and reproduction transformed when the home becomes the commodity through which all others are sold?


    The theory of communisation and Marxian value-form theory emerge from the same historical moment, mutually complement each other, and point towards the same radical conception of revolution as the immediate transformation of social relations, one in which we cease to constitute value and it ceases to constitute us.


    A reconstruction of the systematic dialectic of capital as a dialectic of class struggle. The forms of value which are constituted by and regulate social practice are totalising and self-reproducing through the subsumption of labour under capital. The totality so constituted is inwardly contradictory, and ultimately self-undermining: capitalist accumulation is a moving contradiction, i.e. a historical contradiction, between capital and proletariat.


    The philosophical/logical concept of subsumption is employed in various periodisations of capitalist society, such as those of Théorie Communiste, Jacques Camatte, and Antonio Negri. A critical examination of this concept and its historical uses.


    Worker’s enquiry in the cynical mode: the unrevolutionary working life of the web developer.



    An Introduction to the debate between Théorie Communiste (TC) and Troploin (Dauvé & Nesic) concerning how to theorise the history and actuality of class struggle and revolution in the capitalist epoch.



    Dauvé shows how the wave of proletarian revolts in the first half of the twentieth century failed: either because they were crushed by the vicissitudes of war and ideology, or because their “victories” took the form of counter-revolutions themselves, setting up social systems which, in their reliance on monetary exchange and wage-labour, failed to transcend capitalism.



    In their critique of When Insurrections Die, TC attack Dauvé’s “normative” perspective, in which actual revolutions are counter-posed to what they could and should have been, that is, to a never-completely-spelled-out formula of a genuine communist revolution. In contrast, TC claim to give a robust account of the whole cycle of revolution, counter-revolution and restructuring, in which revolutions can be shown to have contained their own counter-revolutions as the intrinsic limit of the cycles they emerge from and bring to term.



    Dauvé criticises TC for proposing a self-referential historical model that unjustifiably privileges the current cycle of struggles, while denying proletarian actors of the past all capacity for action not completely determined by the historically-prevailing relation between capital and wage-labour.



    Dauvé and Nesic’s historical account challenges the thesis that the self-identification of the proletarian as producer has been the decisive cause of its defeats. When, they ask, did the workers actually try to shoulder economic growth? When did they ever compete with bourgeois owners or modern directors for the management of the companies? Workers’ movements don’t boil down to an affirmation of labour. And if the “being” of the proletariat theorised by Marx is not just a metaphysics, its content is independent of the forms taken by capitalist domination.



    TC undertake a painstaking, point-by-point refutation of “Love of Labor? Love of Labour Lost…”, first by developing in detail the concept of programmatism, which allows for an historicisation of the terms of class struggle, revolution and communism, then by delineating the originality of a new cycle of struggle, beyond programmatism.


    On the difference between TC’s and Dauvé’s theory of communisation: ever-present and invariant possibility, or specific form which the communist revolution must take in the current cycle of struggle. Following TC’s account of the development of the class relation, without embracing their categories of formal and real subsumption, it is argued that the communist movement must be understood neither as a movement of communists nor of the class, but of the totality itself.

Why Don’t the Poor Rise Up?


Why are today’s working poor so quiescent? I’m not the only one posing this question.

“Why aren’t the poor storming the barricades?” asks The Economist. “Why don’t voters demand more redistribution?” wonders David Samuels, a political scientist at the University of Minnesota. The headline on an April 7 National Catholic Reporter article reads: “Why aren’t Americans doing more to protest inequality?”

There are legitimate grounds for grievance. For those in the bottom quintile, household income in inflation-adjusted dollars has dropped sharply, from $13,787 in 2000 to $11,651 in 2013. According to the Census Bureau, 64 million Americans currently live in the bottom quintile.

Still, it’s possible that poverty is less grueling than in the past, for several reasons. First, although incomes have declined, the cost of many goods – televisions, computers, air-conditioners, household appliances, cellphones – has fallen, leaving the bottom quintile less deprived than simple income figures might reflect. Second, people nowadays marry and have children later in life than in the past, postponing some financial demands to better earning years. Third,some economists contend that commonly used inflation measures result in excessively high estimates of the real-world cost of goods for consumers, thus making living conditions less dire than they might otherwise be.

But there is another reason that there has not been broad public insurrection.

Society has drastically changed since the high-water mark of the 1930s and 1960s when collective movements captured the public imagination. Now, there is an inexorable pressure on individuals to, in effect, fly solo. There is very little social support for class-based protest – what used to be called solidarity.

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Trapped at a Party Where No One Likes You


By surplus club, frankfurt

When considering unemployment, social exclusion or precarity, it is inadequate to simply take refuge within the empirical question of which groups live under these conditions. Contemporary sociological identities are themselves forms of appearance, moments of the totality of the reproduction of the capital-labor relation and therewith in the devaluation of the labor-power commodity presently unfolding through the category of the surplus proletariat.


At the outset of 2015, anyone hoping for a recovery of labor markets is told to lower their expectations.[1] Specious apologetics on the resilient turnaround of unemployment rates and job creation stumble against continuously revised growth forecasts reflecting the inertia of both high-GDP and emerging market economies. On a global level, the period since the crisis of 2007-08 has witnessed, at best, tepid economic activity despite unprecedented monetary stimulus and liquidity injection. Business investment remains predominantly stagnant, most recently with energy producers dramatically cutting back total capital investment.[2] Even China is stuttering and decreasing its appetite for raw materials[3], while the professed German success story cannot be read without the unfolding process of precarious capital concentration of a rapidly declining Eurozone, rather than as an indicator for lasting growth.[4] At the same time, the world economy continues its recourse in unrestrained leveraging[5], further exacerbating credit-to-GDP ratios, with, according to a recent report by the International Centre for Monetary and Banking Studies, total public and private debt reaching 272% of developed-world GDP in 2013.[6] The recent alarm of deflation means a rise in the real value of existing state, corporate, and household debt. Corresponding to the fiscal approach of higher budget deficits is, since 2010, the outright purchasing of government, corporate and real estate bonds by central banks and paid for with newly printed money – i.e. ‘quantitative easing’. The European Central Bank has, most recently, followed the Federal Reserve, the Bank of England and the Bank of Japan in the latter policy despite the fact that it has yet to demonstrate itself as an effective response to decelerating economies. Instead, the money created enters into the banking system, shoring up balance sheets on finance capital and fomenting bubbles within assets held.

These conditions outline the phenomenal contours of the present crisis of capital accumulation, which is at the same time a crisis of the reproduction of the capital-labor relation. Since the economic restructuring of the 1970s, deregulation has expanded the flexibility of labor markets and fundamentally reoriented the conditions of the class relation. While unemployment remained relatively abated during the postwar period – alongside the assurances of the welfare state – developments in capital accumulation since then have witnessed an unprecedented ascendance, in terms of duration and concentration, of both unemployment and underemployment.[7] Since the early 1970s and through the dismantling of the Keynesian wage-productivity deal of the postwar period, the capitalist mode of production has been stumbling to combat the anguish of diminishing returns. Its recourse of economic restructuring consisted in the expansion of finance capital and increasing the rate of exploitation in an attempt to stabilize and defer its own inherent propensity to undermine the process of self-valorization. The 21st century thereby opened with a reign of labor-power devaluation that has only intensified its duress, which, alongside fiscal and sovereign debt crises expressed in austerity, continues to wield unrelenting immiseration.

Materially, the crisis of 2007-08 has only worsened the conditions of labor with, for example, the labor participation rate in the US now at a 36-year low[8], eclipsing any earnestly lauded low-wage job creation and its feeble average hourly earnings. For that segment of the proletariat not losing their jobs or dropping out of the labor force altogether – for which unemployment statistics have very little to say – the types of employment still available are largely temporary, part-time, seasonal, freelance, and in general, precariously informal without contractual guarantee of compensation. Thus, as the present moment finds an overcapacity of surplus capital unable to find lasting investment, the effective demand for labor-power follows suit and diminishes. Through the critique of political economy, this phenomena finds systematic expression in what Marx refers to as the “general law of capital accumulation”. Here, the proportional expansion of total capital, itself resulting from the productivity of labor and therewith in the production of surplus value, yields a mass of workers relatively redundant to the needs of the valorization process. This tendency arises simply from the nature of capital.[9] As capital develops labor as an appendage of its own productive capacity, it decreases the portion of necessary labor required for a given amount of surplus labor. Therefore, the relation of necessary labor needed by capital continuously declines. This occurs through the organic composition of capital in which competition between competing capitals induces the generalization of labor-saving technologies such as automation, thereby increasing constant capital at the expense of variable capital, resulting in a relative decline in the demand for labor.[10] The production of this relative surplus population is the devaluation of the total labor-power that takes on the form of a dislodgement of workers from the production process and in the difficulty of absorbing them through customary or legally regulated channels. If the labor-power of the proletariat cannot be realized, i.e. if it is not necessary for the realization of capital, then this labor capacity appears as external to the conditions of the reproduction of its existence. It turns into a crisis of the reproduction of the proletariat who is surrounded, on all sides, by needs without the means to adequately satisfy them.[11]

Friends have pointed out that surplus population is a necessary product of capital accumulation and therefore a structural category deriving from the ratio of necessary and surplus labor. It is a tendency that is always already there and inherently constitutive of the capital-labor relation independent from its historical configurations. So why might one justify its emphasis within the present conjuncture? After all, the notion of a surplus population “is already contained in the concept of the free labourer, that he is a pauper: virtual pauper.” (Grundrisse) The task therefore remains to demonstrate why the relative surplus population is paradigmatic of the class relation in the present moment and what are the implications for contemporary class struggle.

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