A TRIPLE MOVEMENT?
Parsing the Politics of Crisis after Polanyi
In many respects, today’s crisis resembles that of the 1930s, as described by Karl Polanyi in The Great Transformation. Now, as then, a relentless push to extend and de-regulate markets is everywhere wreaking havoc—destroying the livelihoods of billions of people; fraying families, weakening communities and rupturing solidarities; trashing habitats and despoiling nature across the globe. Now, as then, attempts to commodify nature, labour and money are destabilizing society and economy—witness the destructive effects of unregulated trading in biotechnology, carbon offsets and, of course, in financial derivatives; the impacts on child care, schooling, and care of the elderly. Now, as then, the result is a crisis in multiple dimensions—not only economic and financial, but also ecological and social.
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A New Form of Capitalism?
Does an expanding circuit of commodities whose value is indexed to their rarity and antiquity suggest that capitalism is secreting a novel ‘economy of enrichment’? Replying to Luc Boltanski and Arnaud Esquerre in NLR 98, Nancy Fraser argues that Marx’s Holy Trinity of profit, interest and rent remains key to a taxonomy of contemporary commodification.
Contradictions of Capital and Care
Nancy Fraser tracks the reconfiguration of the relations of social reproduction under successive regimes of accumulation—‘separate spheres’, male breadwinner, dual-income household. Are the exactions of financialized capitalism now serving to undermine its lifeworld?
Behind Marx’s Hidden Abode
Behind exchange there lurks production, but what is more hidden still? The disavowed conditions of capital’s possibility—in reproduction, politics and nature—as sites for expanded anti-capitalist struggle.
Conceptions of justice drawn from Plato to Rawls, explored through analysis of a powerful novel by Kazuo Ishiguro. Who counts as a subject, and what strategies could enable those debarred from the sphere of justice to overturn their status?
Feminism, Capitalism and the Cunning of History
Do feminism and neoliberalism share a secret affinity? Nancy Fraser on the co-option of gender politics by the ‘new spirit’ of post-Fordist capitalism, and subordination of its radical critique to a World Bank agenda. Might a neo-Keynesian shift offer prospects for socialist-feminist renewal?
Reframing Justice in a Globalizing World
Theorists of political justice have long taken the nation-state to be the relevant unit for their proposals. Nancy Fraser argues that the time for this is past. The necessary interconnection between struggles for economic redistribution and social recognition now requires that issues of political representation be re-tabled at a global rather than national level—where decisions affecting the fate of all are increasingly taken, or not taken.
Has the liberating charge of struggles for recognition dissolved into pure identity politics? Do these have to sidestep inequalities of wealth and power? Not, Nancy Fraser contends, if recognition is understood as a question of social status rather than existential address.
Heterosexism, Misrecognition and Capitalism: A Response to Judith Butler
A Rejoinder to Iris Young
From Redistribution to Recognition? Dilemmas of Justice in a 'Post-Socialist' Age