Anti-racist debate today remains polarised between ‘class reductionist’ (any attempt to address racial disparities reinforces capitalist class relations) and ‘liberal identity’ (disparities in racial representation can be resolved without questioning class inequality) politics. Both positions share a common perspective – racial oppression and class exploitation are the products of distinctive social dynamics whose relationship is historically contingent. This essay is an initial step toward characterising a structurally necessary relationship between capitalism and racial oppression. The essay draws upon Anwar Shaikh and (...) Howard Botwinick’s elaboration of Marx’s political economy, and Ellen Wood’s analysis of the specificity of capitalist imperialism. (shrink)

This essay argues that Knafo and Teschke fundamentally misread Brenner’s original contribution to the transition debate. They equate his rejection of trans-historical or trans-modal laws of motion with the notion that social-property relations do not have strong rules of reproduction that structure the actions of agents and give rise to ‘developmental patterns’ specific to each form of social labour. Knafo and Teschke’s critique of Brenner’s analysis of capitalist expansion and crisis is also theoretically and empirically questionable.

Theory as History brings together twelve essays by Jarius Banaji addressing the nature of modes of production, the forms of historical capitalism and the varieties of pre-capitalist modes of production. Problematic formulations concerning the relationship of social-property relations and the laws of motion of different modes of production and his notion of merchant and slave-holding capitalism undermines Banaji’s project of constructing a non-unilinear, non-Eurocentric Marxism.

The canonical version of the ‘bourgeois revolutions’ has been under attack from both pro-capitalist ‘Revisionist’ historians and ‘Political Marxists’. Neil Davidson’s book How Revolutionary Were the Bourgeois Revolutions? provides a thorough review of the intellectual history of the notion of the bourgeois revolution and attempts to rescue the concept from varied criticism. Despite distancing himself from problematic formulations of the bourgeois revolution inherited from Second-International Marxism, Davidson’s own framework reproduces many of the historical and conceptual problems of this tradition.

Aneivas and Nişancıoğlu’s provocative book,How the West Came to Rule, attempts to provide an alternative account of the origins of capitalism to both ‘Political Marxism’ and ‘World-Systems Theory’. By making uneven and combined development a universal dynamic of human history and by utilising a flawed concept of ‘Eurocentrism’, however, they introduce a high degree of causal pluralism into their analysis. Despite important insights into the specific dynamics of different pre-capitalist forms of social labour, their account of the origins of capitalism (...) inHow the West Came to Rulesuffers from causal indeterminacy and historical inaccuracies. (shrink)

The problem of commerce in pre-capitalist societies has been an issue debated among historians, both Marxian and non-Marxian, for over a century. Martha Howell’s book provides new historical data on the economic impact and cultural meaning of commerce in feudal Europe, without, however, addressing key theoretical and interpretive issues.

This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain (...) in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant. (shrink)

Plantation slavery in the New World, in particular its relationship to the emergence of capitalism in Europe and North America, has long been a subject of debate and discussion among historians and social scientists. While there are literally thousands of monographs studying various aspects of chattel slavery in the US South, the Caribbean and Brazil, only a handful of works attempt to provide a synthetic account of its rise and decline from the sixteenth through nineteenth centuries. Few scholars, on the (...) Left or Right, have made as profound a contribution to such a history as Robin Blackburn. Blackburn’s latest work, The American Crucible: Slavery, Emancipation and Human Rights, does not simply summarise and update his earlier work, but extends his analysis to the rise and decline of ‘second slavery’ in nineteenth-century Cuba, Brazil and the US South. The American Crucible provides a multi-causal explanation of the origins and abolition of New World plantation slavery, examining the complex interactions between the rise of capitalism, political crises in the metropolitan countries, the transformation of popular and elite attitudes toward slavery, and the struggles of the slaves themselves. However, Blackburn’s inability to grapple with the specific structure and dynamics of capitalist and slave social-property relations, and their changing historical relationship, weakens key elements of his analysis. (shrink)

Daniel Gaido’s The Formative Period of American Capitalism provides a thorough accounting of classical Marxist writing on the history of US capitalism. He combines insights from the classical Marxist and US Trotskyist traditions with an engagement with a selection of recent historical research to produce a provocative interpretation of the origins and rise of capitalism in the US. However, his failure to critically interrogate the classical Marxist and US Trotskyist traditions on the US or engage with the growing historical research (...) on the origins and trajectory of US capitalism weakens his contribution. (shrink)