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Critical Theory and the Crisis of Contemporary Capitalism

Author: Heiko Feldner

Publisher: Bloomsbury Publishing USA

Published: 2015-05-14

Total Pages: 152

ISBN-13: 144113784X

This volume reassesses the nature of the current global economic crisis and its implication for the 21st century, through the unique lens of Marx's theory of the value-form as the unconscious matrix of modern society. Going beyond orthodox Marxist and postmodernist accounts, the author offers fresh new readings of Marx, Benjamin, Foucault, and Žižek. Here he argues that capitalism has not only entered its greatest crisis since WWII, but has in fact reached its historical limit and is in terminal decline. In this light, the book seeks to answer how a rerun of Keynesian regulations could possibly resolve the crisis. It also inquires as to whether a Green New Deal might succeed when the gap between work to be had and work to be done widens, and what alternatives neo-Marxian approaches offer considering the failure of Marxism in the 20th century. This far-reaching, critical examination of the crisis not only builds on critical theory, but also offers new readings of key theorists that will appeal to anyone interested in political theory, critical theory, and political economy.

Capitalism

Author: Nancy Fraser

Publisher: John Wiley & Sons

Published: 2018-06-28

Total Pages: 224

ISBN-13: 1509525262

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In this important new book, Nancy Fraser and Rahel Jaeggi take a fresh look at the big questions surrounding the peculiar social form known as “capitalism,” upending many of our commonly held assumptions about what capitalism is and how to subject it to critique. They show how, throughout its history, various regimes of capitalism have relied on a series of institutional separations between economy and polity, production and social reproduction, and human and non-human nature, periodically readjusting the boundaries between these domains in response to crises and upheavals. They consider how these “boundary struggles” offer a key to understanding capitalism’s contradictions and the multiple forms of conflict to which it gives rise. What emerges is a renewed crisis critique of capitalism which puts our present conjuncture into broader perspective, along with sharp diagnoses of the recent resurgence of right-wing populism and what would be required of a viable Left alternative. This major new book by two leading critical theorists will be of great interest to anyone concerned with the nature and future of capitalism and with the key questions of progressive politics today.

Right-Wing Culture in Contemporary Capitalism

Author: Mathias Nilges

Publisher: Bloomsbury Publishing

Published: 2019-12-12

Total Pages: 216

ISBN-13: 1350074071

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Commentators across the political spectrum have argued that the future has been absorbed by an ever-expanding present to which we cannot imagine alternatives. The notion that we have lost the ability to imagine change-culturally, socially, and politically-has become one of the defining problems of our time. But what is the difference between the populist narratives of those who promise to solve this problem by returning us to a glorious past and those who promise to lead us into a glorious future? Often, this book argues, not very much at all. Revealing neo-authoritarianism and capitalist hyper-innovation as two sides of the same coin, Mathias Nilges shows that today's reactionaries and futurists both harness and profit from the same temporal crises of our present. Looking to design, popular culture, literature, and recent theoretical and political discussions, Nilges offers ways of understanding the re-emergence of familiar and disturbing forms of right-wing politics and culture (authoritarianism, paternalism, fascism) not as historical repetition but as dangerous consequences of the contradictions of capitalism today. Using critical theory, in particular the work of Ernst Bloch, this book recovers a politics and culture of hope, which it locates beyond a future that is colonized by capitalism and a past that becomes the mystical playground for the new Right:in that which was never allowed to be and thus demands realization.

Claus Offe and the Critical Theory of the Capitalist State

Author: Jens Borchert

Publisher: Routledge

Published: 2016-04-28

Total Pages: 157

ISBN-13: 1317500091

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Back in 1972, German political sociologist Claus Offe published a book on the Structural Problems of Late Capitalism which, for almost two decades, inspired and stimulated an international and transdisciplinary debate on the role of the state in contemporary capitalism. An academic debate which, paradoxically, began to wane as the issues about which Offe had been writing became even more prominent: the "Contradictions of the Welfare State" (the title of a collection of Offe’s main contributions to the debate published in English in 1984) and democratic capitalism’s reality of the permanent "crises of crisis management". Since 2008, it has again become a widely shared diagnosis that advanced capitalism is in crisis. However, there is either scholarly disagreement or (more often so) mere perplexity when it comes to understanding this crisis and to explaining the prevalent patterns in dealing with it. In this volume, Jens Borchert and Stephan Lessenich critically combine a reconstruction Claus Offe’s approach to state theory with an analysis of the current constellation of democratic capitalism based on that same theory. In doing so, they expertly argue that his relational approach to state theory is much better equipped analytically to grasp the contradictory dynamics of the financial crisis and its political regulation than competing contributions. This is why systematically revisiting the theory of "late capitalism" is not only of a historical concern, but constitutes an essential contribution to a political sociology of our time.

Communication and Capitalism

Author: Christian Fuchs

Publisher: University of Westminster Press

Published: 2020-05-19

Total Pages: 406

ISBN-13: 1912656728

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‘An authoritative analysis of the role of communication in contemporary capitalism and an important contribution to debates about the forms of domination and potentials for liberation in today’s capitalist society.’ — Professor Michael Hardt, Duke University, co-author of the tetralogy Empire, Commonwealth, Multitude, and Assembly ‘A comprehensive approach to understanding and transcending the deepening crisis of communicative capitalism. It is a major work of synthesis and essential reading for anyone wanting to know what critical analysis is and why we need it now more than ever.’ — Professor Graham Murdock, Emeritus Professor, University of Loughborough and co-editor of The Handbook of Political Economy of Communications Communication and Capitalism outlines foundations of a critical theory of communication. Going beyond Jürgen Habermas’ theory of communicative action, Christian Fuchs outlines a communicative materialism that is a critical, dialectical, humanist approach to theorising communication in society and in capitalism. The book renews Marxist Humanism as a critical theory perspective on communication and society. The author theorises communication and society by engaging with the dialectic, materialism, society, work, labour, technology, the means of communication as means of production, capitalism, class, the public sphere, alienation, ideology, nationalism, racism, authoritarianism, fascism, patriarchy, globalisation, the new imperialism, the commons, love, death, metaphysics, religion, critique, social and class struggles, praxis, and socialism. Fuchs renews the engagement with the questions of what it means to be a human and a humanist today and what dangers humanity faces today.

Contemporary Capitalism, Crisis, and the Politics of Fiction

Author: Roberto del Valle Alcalá

Publisher: Routledge

Published: 2019-10-28

Total Pages: 165

ISBN-13: 1000750892

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Contemporary Capitalism, Crisis, and the Politics of Fiction: Literature Beyond Fordism proposes a fresh approach to contemporary fictional engagements with the idea of crisis in capitalism and its various social and economic manifestations. The book investigates how late-twentieth and twenty-first-century Anglophone fiction has imagined, interpreted, and in most cases resisted, the collapse of the socio-economic structures built after the Second World War and their replacement with a presumably immaterial order of finance-led economic development. Through a series of detailed readings of the words of authors Martin Amis, Hari Kunzru, Don DeLillo, Zia Haider Rahman, John Lanchester, Paul Murray and Zadie Smith among others, this study sheds light on the embattled and decidedly unstable nature of contemporary capitalism.

Capitalism on Edge

Author: Albena Azmanova

Publisher: Columbia University Press

Published: 2020-01-14

Total Pages: 130

ISBN-13: 0231530609

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The wake of the financial crisis has inspired hopes for dramatic change and stirred visions of capitalism’s terminal collapse. Yet capitalism is not on its deathbed, utopia is not in our future, and revolution is not in the cards. In Capitalism on Edge, Albena Azmanova demonstrates that radical progressive change is still attainable, but it must come from an unexpected direction. Azmanova’s new critique of capitalism focuses on the competitive pursuit of profit rather than on forms of ownership and patterns of wealth distribution. She contends that neoliberal capitalism has mutated into a new form—precarity capitalism—marked by the emergence of a precarious multitude. Widespread economic insecurity ails the 99 percent across differences in income, education, and professional occupation; it is the underlying cause of such diverse hardships as work-related stress and chronic unemployment. In response, Azmanova calls for forging a broad alliance of strange bedfellows whose discontent would challenge not only capitalism’s unfair outcomes but also the drive for profit at its core. To achieve this synthesis, progressive forces need to go beyond the old ideological certitudes of, on the left, fighting inequality and, on the right, increasing competition. Azmanova details reforms that would enable a dramatic transformation of the current system without a revolutionary break. An iconoclastic critique of left orthodoxy, Capitalism on Edge confronts the intellectual and political impasses of our time to discern a new path of emancipation.

Crisis States: Governance, Resistance & Precarious Capitalism

Author: Jeff Shantz

Publisher: punctum books

Published: 2016

Total Pages: 84

ISBN-13: 0988234084

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This is an age of crisis: economic, political, environmental, and social. Yet the nature of contemporary crisis is often misunderstood. Crisis, rather than being accidental or episodic - as is too often assumed - has been a regular feature of state practice in the neoliberal austerity regimes of contemporary capitalism. In this timely work Jeff Shantz gives special attention to the particular manufactured crises associated with austerity regimes and conditions of precarity within contemporary capitalism, and how Crisis States differ from other forms of state practice.Crisis is a powerful weapon of states and capital in the pursuit of accumulation, exploitation, and control. Engaging insights from anarchism and autonomous Marxism, Shantz lays bare the real nature and character of crisis as political and social pursuits of state and capital under precarious capitalism.Attention is also given to social resistance under crisis state conditions. Contemporary capitalism renders the oppressed and exploited precarious at the same time as opportunities are opened to render the system itself precarious. Understanding Crisis States and precarious capitalism is crucial in considering prospects for resistance.

Contemporary Capitalism and Its Crises

Author: Terrence McDonough

Publisher: Cambridge University Press

Published: 2010-01-11

Total Pages: 375

ISBN-13: 0521515165

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This volume analyses contemporary capitalism and its crises based on a theory of capitalist evolution known as the social structure of accumulation (SSA) theory. It applies this theory to explain the severe financial and economic crisis that broke out in 2008 and the kind of changes required to resolve it. The editors and contributors make available new work within this school of thought on such issues as the rise and persistence of the "neoliberal," or "free-market," form of capitalism since 1980 and the growing globalization and financialization of the world economy. The collection includes analyses of the U.S. economy as well as that of several parts of the developing world.

A Political Economy of Contemporary Capitalism and its Crisis

Author: Dimitris P Sotiropoulos

Publisher: Routledge

Published: 2013-06-19

Total Pages: 331

ISBN-13: 1135037914

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The recent financial meltdown and the resulting global recession have rekindled debates regarding the nature of contemporary capitalism. This book analyses the ongoing financialization of the economy as a development within capitalism, and explores the ways in which it has changed the organization of capitalist power. The authors offer an interpretation of the role of the financial sphere which displays a striking contrast to the majority of contemporary heterodox approaches. Their interpretation stresses the crucial role of financial derivatives in the contemporary organization of capitalist power relations, arguing that the process of financialization is in fact entirely unthinkable in the absence of derivatives. The book also uses Marx’s concepts and some of the arguments developed in the framework of the historic Marxist controversies on economic crises in order to gain an insight into the modern neoliberal form of capitalism and the recent financial crisis. Employing a series of international case studies, this book will be essential reading for all those with an interest in the financial crisis, and all those seeking to comprehend the workings of capitalism.