Capitalism’s Crises

Capitalism’s Crises

Author: Vishwas Satgar

Publisher: NYU Press

Published: 2015-10-01

Total Pages: 366

ISBN-13: 1868149242

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The contributors to this volume draw on a non-dogmatic Marxist approach to explain the systemic and conjunctural dynamics of crisis inherent in global capitalism. Their analysis asks what is historically specific to capitalism's crises while avoiding catastrophic or defeatist claims. At the same time the volume situates left agency within actual patterns of resistance and class struggle to clarify the potential for transformative change. The cycle of resistance strengthened by the World Socal Forum and transnational activism is now punctuated by the experience of the Arab Spring, the agency of anti-systemic movements, left think tanks, the Occupy Wall Street Movement, labour unions, left parties in Europe such as Syrizia and Podemos and peoples' budgeting in Kerala, India. On the down side, we are witnessing the waning of the Workers Party in Brazil and serious challenges for South Africa's once powerful labour movement and still formative social justice activism. All these developments are assessed in this volume. This is the second volume in the Democratic Marxism series. It elaborates on crucial themes introduced in the first volume, Marxism in the 21st Century: Crisis, Critique and Struggle (edited by Michelle Williams and Vishwas Satgar).


The South African Tradition of Racial Capitalism

The South African Tradition of Racial Capitalism

Author: Zachary Levenson

Publisher: Taylor & Francis

Published: 2024-06-28

Total Pages: 168

ISBN-13: 1040086748

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This book documents the emergence and development of the theory of racial capitalism in apartheid South Africa. It interrogates the specificity of this theory in the South African context and draws lessons for its global applicability. Racism and capitalism have a long history of entanglement. Nowhere is this more evident than in South Africa, where colonial and apartheid regimes used explicit systems of racial hierarchy to shore up profit. It is therefore no surprise that South Africa has represented a key site for thinking about the role that racism plays in shaping state policy, labor markets, patterns of capital accumulation, and working-class struggle. Illuminating these dynamics, this volume develops a distinctive South African tradition of thought about the relationship between racism and capitalism. The South African Tradition of Racial Capitalism contributes to a burgeoning literature on the concept of “racial capitalism,” the origins of which many commentators trace back to apartheid South Africa. It pays particular attention to the crucial role of anti-apartheid activists as theorists, whose important insights remain relevant for scholars and activists around the globe. This book was originally published as a special issue of Ethnic and Racial Studies.