16 Aug 2022, 10:35 pm
Capital & Class
Capital &Class, Ahead of Print.
Proposals for slowing climate change by reflecting sunlight back to space, known as solar geoengineering (SG), are gaining traction in climate policy. Given SG’s capacity to slow warming without reducing carbon emissions, prominent criticism suggests that it will enable fossil fueled business-as-usual. This assessment is not without merit, yet the primary funders of SG research do not emanate from fossil capital. We analyze sources of funding for SG research globally, finding close ties to mostly US financial and technological capital as well as a number of billionaire philanthropists. These corporate sectors and associated philanthropies comprise part of ‘climate capital’ – the fraction of the capitalist class nominally aligned with climate action. We argue that SG is being positioned as a tactic for enabling incremental, market-driven decarbonization, explore key institutions advocating this approach in US climate policy, and conclude that SG is poised to serve as a tool for class compromise between fossil and climate capital.
10 Aug 2022, 12:14 am
Capital & Class
Capital &Class, Ahead of Print.
In this article, I demonstrate that temporal domination over subjects and producers in capitalist society is Marx’s central category in the critique of political economy. Hartmut Rosa who is well known in the critical tradition for his works on social acceleration refers to Marx’s value theory to explain the economic motor of social acceleration in the sphere of production and distribution, but he does not reach the very depth of Marx’s critique of abstract time domination and considered it as a subordinate and marginal aspect of Marx’s theory. I argue that Marx’s critique of class exploitation and commodification of social relations, in the final analysis, consists in the critique of domination of time over man. In particular, I articulate their relationship by representing the Hegelian onto-logical couple of essence and appearance; it is demonstrated that class exploitation as an internal and substantial structure of capitalism posits the temporal domination as an form of appearance which presupposes the first. Moreover, this article shows that class domination has taken a more inverted and mysterious form in digital capitalism through new time appropriation strategies. This implies that in contrast to Rosa who considers social acceleration above and beyond class boundaries, it still reinforces class exploitation and acts through it.
2 Aug 2022, 5:25 am
Capital & Class
Capital &Class, Ahead of Print.
29 Jul 2022, 4:10 am
Capital & Class
Capital &Class, Ahead of Print.
22 Jul 2022, 4:42 am
Capital & Class
Capital &Class, Ahead of Print.
7 Jul 2022, 6:08 pm
Capital & Class
Capital &Class, Ahead of Print.
This article shows that the unemployed are broadly supportive of welfare reforms which have led to increased poverty; exacerbated ill health; led some to engage in ‘survival crime’ or to disengage from the social security system. This support is predicated on the perceived need to discipline ‘undeserving’ groups; principally the feckless, those gaming the system and migrants. The authors argue that this reflects the success of a ‘two-nations’ hegemonic project that has sought to legitimise an ongoing phase of capitalist development characterised by the removal of social protections, widening inter-class inequalities and the implementation of punitive welfare reforms to submit the unemployed to insecure poverty labour. This article makes a significant original contribution to the field by demonstrating that the resonance of the ‘two-nations’ hegemonic project resides in both its relatability to lived experiences of the unemployed and its tendency to cast a stigmatising threat over their out-of-work status.
20 May 2022, 2:37 am
Capital & Class
Capital &Class, Volume 46, Issue 2, Page 324-326, June 2022.
20 May 2022, 2:37 am
Capital & Class
Capital &Class, Volume 46, Issue 2, Page 322-324, June 2022.
20 May 2022, 2:37 am
Capital & Class
Capital &Class, Volume 46, Issue 2, Page 318-321, June 2022.
20 May 2022, 2:36 am
Capital & Class
Capital &Class, Volume 46, Issue 2, Page 314-317, June 2022.