Savage Inequalities
Capitalist Crisis and Surplus Humanity
Bibliographic Data
| ID | 13043003 |
|---|---|
| Authors | William I Robinson (corresponding author), Yousef K Baker |
| Year | 2019 |
| Volume | 9 |
| Issue | 3 |
| Pages | 376-393 |
| Publication date | 2019-07-03 |
| Open Access | No |
| Type | ARTICLE |
| Venue | International Critical Thought (JOURNAL) |
| Journal identifiers | ISSN: 2159-8312 • E-ISSN: 2159-8312 |
| Publisher | Taylor & Francis (PUBLISHER • GB) |
| DOI | 10.1080/21598282.2019.1649171 |
| OpenAlex | W2971078021 |
| Language | EN |
| Citations received | 1 |
| References cited | 9 |
The escalation of worldwide inequalities reflects a crisis of global capitalism that is as much structural, one of over-accumulation, as it is political, one of hegemony. This article explores the current restructuring of global capitalism and global labor. Capitalist globalization has undermined earlier redistributive arrangements at the level of the nation-state, unleashing unprecedented global social polarization and also aggravating over-accumulation pressures. The transnational capitalist class has turned to several mechanisms to sustain accumulation in the face of stagnation: financial speculation, the pillaging of public finance, and militarized accumulation. Digitalization is driving new world capitalist restructuring that is resulting in increased precariatization and the expansion of surplus labor or surplus humanity. This precariatization includes cognitive workers who are atomized and isolated as the labor process has become individualized, which poses new challenges for working-class consciousness and solidarity among multilayered members of the global working class. The crisis poses a danger of twenty-first century fascism and a global police state but also new possibilities for emancipatory projects. An emancipatory project must bring together surplus humanity and its struggles in the margins and at points of social reproduction with workers inserted into the circuits of global capital under precarious work arrangements
Capital (architecture · Capital accumulation · Capitalism · Economic system · Economics · Financial crisis · Globalization · Hegemony · Human capital · Keynesian economics · Market economy · Political economy · Political science · Politics · Restructuring · Sociology · Surplus value · Elite Sociology and Global Capitalism · Employment and Welfare Studies · Law · Political Economy and Marxism · Finance
| Citations per year | 0.17 |
|---|---|
| Citation span | 2020 - 2020 (1) |
| Highly cited | No |