To save content items to your account,
please confirm that you agree to abide by our usage policies.
If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account.
Find out more about saving content to .
To save content items to your Kindle, first ensure no-reply@cambridge.org
is added to your Approved Personal Document E-mail List under your Personal Document Settings
on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part
of your Kindle email address below.
Find out more about saving to your Kindle.
Note you can select to save to either the @free.kindle.com or @kindle.com variations.
‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi.
‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.
This notebook contains some of the ideas, ambitions, hopes, anxieties, interrogations, and fears that randomly or expectingly came to punctuate the writing of the previous chapters.
Conclusion: The book ends by reflecting on the boundaries of ‘fact’ and ‘fiction’ in the context of maritime writing and the range of texts that render the different forms of lived experience associated with seafaring. It restates the book’s focus on the everyday global sea of the long nineteenth century that shaped the lives, labour practices, and imaginative worlds of working-class individuals and their families.
This chapter maps out the trajectory of British postmodern fiction in three specific phases: a gradual emergence characterised by slowly increasing textual experimentation in the 1960s and 1970s; a second phase notable for a high level of fictional critique of the political and economic order in the 1980s and 1990s; and a third period in the early twenty-first century, by which point both the techniques and ideas associated with postmodern literature had become so commonplace that they could no longer be considered critically oppositional. In identifying these phases, the chapter departs from Fredric Jameson’s famous suggestion that postmodernism embodies the cultural logic of late capitalism and is therefore completely unable to generate any effective criticism of the dominant ideology of global capitalist societies and shows that at its height British postmodern fiction constituted a genuinely critical form of writing with regard to that ideology.
This article establishes a foundation for the development of Marxist approaches to European Union (EU) law. While Marxist scholarship has engaged with European integration throughout its history, it has largely overlooked the legal architecture of the EU. Conversely, EU legal studies have remained largely insulated from Marxist thought, even as critical approaches have begun to gain traction. Bridging this mutual neglect, the article argues that EU law must be understood not as a neutral or technocratic system, but as a central element of capitalist social relations both in Europe, and in terms of Europe’s wider integration in the global market. In this way, EU law is bound up with processes of accumulation, imperialism, and racialised social reproduction. Drawing on key currents within Marxist theory, the article situates EU law within the historical dynamics of capitalist development, demonstrating how a materialist legal analysis can deepen and enrich existing critiques of European integration.
This paper examines the complex political-economic processes that shape contemporary forced displacement from Guatemala to the U.S. The study was driven by the following research question: How does capitalism and the historical context of forced migration in Guatemala relate to the creation and development of migrant-led organizations in the U.S. and the various types of leadership and political participation? Examining the political economy of Guatemalan migration to the Greater Los Angeles region and the activities of migrants and community organizations, I argue that neoliberal capitalism not only provokes the displacement of Guatemalan migrants as a social class of people from multiple racial and ethnic backgrounds, but it has also contributed to the emergence of distinct political Guatemalan diaspora organizations in the U.S. at the community, national, and transnational level. Furthermore, due to historical social relations in Guatemala, organizations have emerged in Southern California along ethnic, racial, and gender lines. Moreover, activism emerges within destination countries because exploitation and exclusion take on distinct forms beyond the specific economic and political forces that generate displacement in migrants’ origin countries. As such, these organizations have made significant contributions by safeguarding the human rights of Guatemalan migrants in the U.S. and have emerged based on the differences and inequalities faced by indigenous communities compared to non-indigenous (mestizo/ladino) groups as they and their organizations endure processes of “exclusionary inclusion” in the U.S.
The semiotic construction of corporate persons in law is key to the contemporary organization of global capitalism. The economic capacities enjoyed by corporations stem significantly from how the semiotics of corporate personhood work within domestic and international legal orders fundamentally designed for human persons. Signs (especially in documents—laws, incorporation papers, tax filings, etc.) construct corporations as legal persons—entities modeled on human persons yet differently bound to human embodiment. Corporations multiply themselves through the creation of legally independent corporate persons (“subsidiaries”), while unifying themselves through their control over these persons. Unlike human offspring, corporations’ corporate offspring are easily created, may take up residence in almost any jurisdiction, and always obey their parents. The paper will discuss the implications of these features of corporations with respect to tort liability, international trade, property, taxation, and private militaries.
This chapter asks: how did notions and practices of individual equality arise out of the growing marketisation and monetarisation of economic production, exchange and consumption?
Translation is key to the political economy of neorural revival in contemporary Italy. Drawing on fieldwork with neorural farmers, I show how translations across semiotic domains and displays of linguistic and pragmatic untranslatability simultaneously produce capitalist value and temporary disruptions of the subsumption of life under capital. To understand this apparent paradox, I analyze the complex relationship between contemporary neorural revivalists and mid-twentieth-century neodialect poets. Driven by a reaction against the post-war encompassment of regional linguistic varieties within a national standard, the metapragmatics of untranslatability developed by the neodialect literary movement has indirectly provided contemporary neoruralists with semiotic resources to conjure profitable forms of agrolinguistic incommensurability. However, unlike the poets’ nostalgic and anticapitalist sabotage of the collusion between centripetal linguistic standardization and intensive agribusiness scalability, the farmers’ interactional disruptions of pragmatic regimentation and seamless intertranslatability are both a project of capitalist valorization and an exit strategy from unfulfilling wage-labor arrangements.
The introduction initially approaches the topic of money and American literature via key passages from the work of Thomas Pynchon, Leslie Marmon Silko, and Toni Morrison. It then traces three key threads running through the following chapters. Firstly, it considers the close interrelationship between money and ideas of American nationhood: how the unity of the “United States” has been fostered, and unsettled, through monetary initiatives, schemes, and experiments. Next, it addresses the interplay between materiality and immateriality – “real” and “imaginary” forms of value – that has been a persistent topic of debate in American monetary history, as well as the closely related question of money’s deep affinity with writing as a different but connected form of value-bearing inscription. A pivotal, money-themed chapter of Herman Melville’s Moby-Dick (1851) serves as a case study. The introduction’s final section foregrounds the fundamental question of money’s relation to power and identity: its constitutive role in structures of inequality, exploitation, and marginalization and, in particular, its inextricability – as society’s dominant measure of value – from conceptions of race, ethnicity, gender, and sexuality. Examples from F. Scott Fitzgerald and Nella Larsen serve to illustrate these ideas.
This chapter argues that antebellum sensationalism, broadly defined, offers a key archive for understanding the emotional life of capitalism. The first half of the chapter examines the period’s two best-selling novels, George Lippard’s The Quaker City (1845) and Harriet Beecher Stowe’s Uncle Tom’s Cabin (1852), and argues that sensationalism adopts and makes use of the affective excesses of melodrama. The chapter shows how, repeatedly, these and other sensational texts stage characters whose postures of emotional distress reflect a desire for spiritual meaning and social connection that transcends the modern, rational world of capitalism – that which Max Weber famously describes in terms of “disenchantment.” The second half of the chapter turns to urban sensationalism. Here, the chapter contends that most of these popular texts revolve around a sentimental logic whereby the tears of the financially distressed act as the markers of middle-class sensibility. Affect thus becomes an alternate currency. The chapter concludes with the most canonical example of urban sensation fiction: Herman Melville’s “Bartleby, the Scrivener” (1853). The argument here is that “Bartleby” turns the emotional registers of sensationalism inside out. For though Bartleby is the melodramatic and sentimental victim of capitalism and disenchantment, he also rejects the emotional gestures of these genres.
World-historical analyses often view the “Asian” empires that survived into the twentieth century (the Russian, Qing, and Ottoman empires) as anomalies: sovereign “archaic” formations that remained external to the capitalist system. They posit an antagonistic relationship between state and capital and assume that modern capitalism failed to emerge in these empires because local merchants could not take over their states, as they did in Europe. Ottoman economic actors, and specifically the sarraf as state financier, have accordingly been portrayed as premodern intermediaries serving a “predatory” fiscal state, and thus, as external to capitalist development. This article challenges these narratives by uncovering the central role of Ottoman sarrafs, tax-farmers, and other merchant-financiers in the expanding credit economy of the mid-nineteenth century, focusing on their investment in the treasury bonds of Damascus. I show how fiscal change and new laws on interest facilitated the expansion of credit markets while attempting to regulate them by distinguishing between legitimate interest and usury. I also discuss Ottoman efforts to mitigate peasant indebtedness and the abuse of public debt by foreigners, amid the treasury bonds’ growing popularity. In this analysis, global capitalism was forged in the encounter between Ottoman imperial structures, geo-political concerns, and diverse, interacting traditions of credit, while the boundaries between public and private finance were being negotiated and redefined. Ultimately, Ottoman economic policies aimed to retain imperial sovereignty against European attempts to dominate regional credit markets—efforts often recast by the latter as “fanatical” Muslim resistance.
Just as we would be remiss to skip past a discussion of the role of entrepreneurs in innovation, we would be remiss to skip over the role of the state. In this chapter, we move through three starkly different visions of what role government ought to play in bringing about innovation in the economy. The first paper discussed, by Acemoglu & Robinson, suggests that the state actually plays a key role in creating the institutions that make innovation worthwhile. The second reading, a set of chapters from a book by Mazzucato, argues that this institution-oriented view is too limited, provides evidence of how ‘entrepreneurial states’ can also work to develop innovations, and suggests that this implies a state that is much more active in investing in and directing innovation. The third reading turns up this argument further, arguing that the urgency of the global climate crisis and the vast economic reorganization that it demands means that the state should not just be more active in investing and directing: the crisis, it argues, can only be solved by a complete socialization of the economy, by the state actively managing innovation and production.
In this chapter, we lay out the basic frame for studying innovation management. To do so, we are going to try to understand why innovation is important for society, for companies, and for individuals, and to do that we take our point of departure in the “urtext” of innovation research, namely Schumpeter’s work on Capitalism, Socialism and Democracy and especially the notion of Creative Destruction. To follow that up, we are going to untangle how innovation management fits within a broader context of capitalism as an economic system, within a particular ideology, and within the operations of the modern corporation.
In a contemporary global political economy marked by the increasing semiotization of economic production, the commodification of political communication, and the fusion between media and capital, this special issue turns to the notion of “translation” to further our understanding of the role of language and semiosis within contemporary capitalism. Contrary to its conventional definition as inter-linguistic transfer of semantic meaning, we propose to view translation as a metasemiotic infrastructure for speeding up and scaling up production and for crafting forms of sociality and subjectivity conducive to capitalist valorization. The articles in this collection ethnographically explore the working of translation across registers, channels, modalities, semiotic fields, and ontological orders (as well as linguistic codes). Our goal is to analyze how translation affords the global circulation of standardized discursive protocols and institutional policy bundles, and enables the formation of politico-juridical networks of corporate personhood and (neo-)liberal governmentality. Furthermore, we investigate how translation can be resisted, sabotaged, or made invisible, showing how its semiotic metamarks can be alternatively disguised or highlighted within the regimes of uniqueness and seriality underlying contemporary forms of commodity production. This Introduction provides the theoretical backdrop underlying these diverse contributions.
This chapter charts a chronology of British literary realism in relation to nineteenth-century capitalism. It considers formal innovations in Jane Austen, Charles Dickens, Emily Brontë, Anthony Trollope, George Eliot, George Gissing, Thomas Hardy, and Joseph Conrad, situating those techniques in conjunction with processes such as enclosure, financialization, urbanization, and imperialism. Throughout, it argues for the dialectical faculties of novel forms (counterbalancing interior and exterior, individual and society, event and context, exceptional and exemplary, concrete and abstract, cartography and utopia) to mediate capitalist contradiction, transformation, and totality.
This article explores Eugene V. Debs’s experiences at the Moundsville prison and the federal penitentiary in Atlanta (1919–1921). It looks at his relationships with other inmates and his supporters outside of prison and examines the effects prison life had on Debs and his ideology. Most importantly, it closely examines his only book-length work: his prison memoir, Walls and Bars. It explores Debs’s critique of the prison system, the jailing of drug addicts, and the interconnectedness of capitalism and the penitentiary system.
The introduction outlines four major tasks of this study: (1) to present evidence of disability-based intergroup economic disparity in the United States; (2) to engage the lived experiences of individuals and communities experiencing multiple simultaneous axes of oppression, including disability-based oppression; (3) to contribute to emerging understandings of the importance of intersectionality to economic research and policy; and (4) to contribute to stratification economics in applied terms through direct engagement with policy proposals for a federal jobs guarantee and federal “baby bonds” program. It provides an overview of disability and the US economy, disability and economic research methods, common models of disability, and the challenge of race/disability analogies.
This chapter examines the theoretical roots of discrimination against women in liberal states. It starts with a general discussion of feminism and liberalism and the tensions between their main variants, with an emphasis on the public–private distinction. It then introduces a detailed feminist critique of political liberalism, pointing to its flaws, and in particular to the distinction between the public and the private and between the political and nonpolitical on which Rawls’ theory is based. The chapter claims that these flaws have allowed patriarchal religions and other illiberal ideologies to strengthen their power in liberal societies and deepen the oppression of women. This chapter also introduces the role of capitalism in the oppression of Women in western liberal states, its connection to patriarchal religion, and its dependence on the public–private distinction and its corollary distinction between love and justice. The chapter closes with a discussion of the Convention on the Elimination of All Forms of Discrimination against Women, compares it to the Race Convention, and claims that despite its shortcomings, it is a better model for protecting women’s rights than the liberal model.
Rising inequality in advanced economies is a global challenge and a major factor behind the current wave of geo-political disruption. It has been driven by a polarisation between regions which are creating wealth and benefitting from wealth creation, and those left behind. This justifies a wholesale reinvention of these capitalist systems. Focusing on the UK example, this Element presents evidence of systemic failure, with low productivity alongside higher levels of deprivation in city-regions outside of London. Comparisons show that this is a challenge for other advanced economies. Long term underinvestment in regions has reached a tipping point a centralised governments channels public resources into London, rather than 'levelling-up'. This Element proposes several 'intelligent interventions,' emphasising the need for stronger and more inclusive regional innovation systems, built on a deeper understanding of sustainable local growth pathways. Although based primarily on the UK experience, these policies are relevant beyond the UK context.
The destruction of tropical forests is an environmental issue of global significance. This process has deep historical roots, with recent scholarship exploring the role of European colonisation and capitalist expansion in driving tropical deforestation from the sixteenth century onwards. Less attention, however, has been given to how Indigenous resistance has impeded deforestation over this time period. Here we analyse how non-state Indigenous groups obstructed Spanish and Portuguese political control and commodity frontiers in tropical South America. Drawing on archival sources, together with Indigenous Guaraní and Paiter Suruí philosophy and oral history, we assess this phenomenon in two biomes, the Atlantic and Amazon Rainforests. The results highlight that over the longue durée, Indigenous resistance has assisted in the conservation of South American tropical forests, acting as a significant—but under-recognised—factor in both regional and global environmental history. This history is of particular importance given the increased recognition of the role of Indigenous peoples in conserving tropical forests as carbon sinks in the twenty-first century.