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Capitalism and Its Outside: Profit, Expansion, and the Necessary Excess

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Capitalism, endowed with remarkable elasticity and propagandistic power, is a mode of production whose drive aims to devour the planet, subsuming all other forms of life under its logic. It tolerates no antagonistic other alongside itself. However, it is also the first economic form that is unable to stand alone, without a non-capitalist outside as its necessary lifeline: surplus populations, speculative non-market spheres, unpaid labor, the precariat, economies of waste, carceral extraction, money markets, and technoeconomic platforms are only a few illustrative realms.

As Rosa Luxemburg argued more than a century ago, the uneven relation between capitalist and non-capitalist formations is not merely a prerequisite for capital’s genesis but an essential condition for its ongoing accumulation and maturation. Capital draws life from the erosion of its very sine qua non. As it rides varying vectors and velocities, one fraction of capital might undermine the endurance of another, if not interrupt its own conditions of possibility altogether (Gidwani, 2008; Wark, 2019). Capitalism, thus, finds itself in chronic exertion against entropy.

From the viewpoint of such contradictions and excesses, as matters of inner determination (Mészáros, 2012; Saito, 2022) and systematic necessity, how has capitalism’s outside been reconfigured, and what has it come to extrude in the world today? How does it bear upon twenty-first-century capitalist logic, social relations of production, and attendant ideological workings? Given especially shifts in the labor market, ecological rifts on massive scale, phenomena like “cloud capital” (Varoufakis, 2023) and “bullshit jobs” (Graeber, 2018), how can the various manifestations and pressures of capital’s necessary excesses be theorized? Has capitalism perfected its modus operandi, managing so well its own fallout, that it has begun to morph beyond itself? Are we amid fundamental shifts in capitalist regimes of value and their profit-driven logic? Or is this yet another stage of an ever-aging capitalism?

FRIDAY, MAY 10, 2024

10:00-10:30 AM
Breakfast and Welcoming Remarks
10:30 AM - 12:00 PM
Keynote lecture: Jodi Dean
Becoming Neofeudal: Changing laws of motion on the social manor

12:00-1:00 PM
Lunch
1:00-2:30 PM
Climatic and Technoscientific Frontiers of Capital

  • Atmospheric Imperialism and the Reification of Nature
    Ashima Mittal, Anthropology, University of Chicago

  • The Vertical Farm: Modularity & Settler-Colonial Logic
    Hayley Birss, Institute for the History & Philosophy of Science & Technology, University of Toronto

  • Typologies of Fossil Capitalism
    Casey Mathur, History / Committee on Environment, Geography and Urbanization, University of Chicago

    Faculty Moderator: Joe Masco, Professor of Anthropology and of the Social Sciences in the College
2:30-2:45 PM
Break
2:45-4:15 PM
Spatial Orders of Dispossession, Displacement, and Excess


  • Trading Trash in the Era of Perpetual Crisis: Managing Consumer Waste Across Temporalities
    James Bradley, History, University of Chicago

  • The Hidden Abodes of Urbanization
    William Conroy, Urban Planning (Graduate School of Design), Harvard University

  • Fields of Unemployment and the Field of Employment: Settler Colonialism in Early-Nineteenth-Century Political Economy
    Jack Davies, History of Consciousness, University of California, Santa Cruz

    Faculty Moderator: François G. Richard, Associate Professor of Anthropology, Romance Languages & Literatures, and Social Sciences in the College
4:15-4:30 PM
Break
4:30-6:00 PM
(Un)Free labor, Precarious labor, Dead labor


  • World(s) Of Precarity: Surplus Workers at the heart of Industries and Labor Actions in India
    Ankit Sharma, Sociology, University of California, Santa Cruz

  • The Perfect Slave: A Political Theory of Automation
    Nicolae Biea, Political Science, University of Chicago

  • Coercing Free Labor: Contracts, Debt, and Dependence in British Honduras, 1847-1900
    Kate Reed, History, University of Chicago

    Faculty Moderator: Joy Wang, Harper-Schmidt Fellow & Collegiate Assistant Professor
6:00–7:00 PM
Reception

SATURDAY, MAY 11, 2024

10:00–10:30 AM
Breakfast

10:30 AM - 12:00 PM
Monetary Regimes of Finance Capital 

  • Karl Polanyi and the Normative Orders of Global Finance
    Stefan Macleod, Political Science, University of Toronto

  • Cattle Money: Texas’ Counterrevolutionary Economy, 1836 and Now 
    Emma Pask, Anthropology, University of Chicago

  • Dealing with it all: limits to the politics of liquidity
    Nic Johnson, History, University of Chicago

    Faculty Moderator: Chiara Cordelli, Professor in the Department of Political Science
12:00–1:00 PM
Lunch
1:00–2:30 PM
Aesthetic Registers of Capitalist (Re)Production

  • Counterfeiting: Symmetries of Money, Photography, and Cinema
    Wolfgang Boehm, Cinema and Media Studies, University of Chicago

  • The Reenactment Zone: Surplus Labor and Nathan Fielder’s Monotone
    Paola Del Toro, English, Princeton University

  • Unruling the Earth: Empire in the Cartographic Void
    Tyler Lutz, English, University of Chicago

    Faculty Moderator: Lisa Wedeen, Mary R. Morton Distinguished Service Professor in the Department of Political Science and the College, Director of the Chicago Center for Contemporary Theory (3CT)
2:30–2:45 PM
Break
2:45-4:15 PM
Class Formations and Class Struggle 

  • Militant Milieux: Political Prefiguration among Parisian Youth Protesters
    Navid Mazidabadifarahani, Social Sciences, University of Chicago

  • Shifting Landscapes of Labor Politics: From Union Bargaining to Legal Redressal
    Poornima Rajeshwar, Anthropology, Stanford University

  • The Petit-Proprietary Critics: from Aristocratic Liberals to Karl Marx
    Isa Lappalainen, Politics, Uppsala University / University of Pennsylvania

    Faculty Moderator: Daragh Grant, Senior Lecturer, Social Sciences Collegiate Division
4:15-4:30PM
Wrap-up

Organized by Hadeel Badarni, Arwa Awan, and 3CT with support from the Center for the Study of Race, Politics, and Culture; the Pozen Family Center for Human Rights; the Committee on Environment, Geography, and Urbanization;

the Department of Political Science; and the Marion R. & Adolph J. Lichtstern Fund at the Department of Anthropology.

This event is free and open to the public, and registration is recommended. Please email us at ccct@uchicago.edu if you require any accommodations to enable your full participation.


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