by
Jacobin
spatial fix
(en)
(in the context of capitalist crisis) avoiding the low-growth phase problem by exporting manufacturing to places with cheaper labour, thereby raising profits for a while
46
An expanded version of David Harvey’s concept of the spatial fix is helpful here for understanding this restructuring. Capital tried to resolve the problem of strong labor movements, and the threat to profitability that labor posed, by implementing a series of “fixes.”
notable
9 years, 1 month ago
An expanded version of David Harvey’s concept of the spatial fix is helpful here for understanding this restructuring. Capital tried to resolve the problem of strong labor movements, and the threat to profitability that labor posed, by implementing a series of “fixes.”
notable
9 years, 1 month ago
48
Well, Marx certainly didn’t view them as separate phenomena. In the first volume of Capital, he argued that the accumulation of capital went hand in hand with the accumulation of a surplus population — that wealth was being created through exploitation, but at the same time big chunks of the working class were excluded or made superfluous to the needs of capital.
just keeping here for reference, idk why really (question on exclusion vs exploitation being separate phenomena)
Well, Marx certainly didn’t view them as separate phenomena. In the first volume of Capital, he argued that the accumulation of capital went hand in hand with the accumulation of a surplus population — that wealth was being created through exploitation, but at the same time big chunks of the working class were excluded or made superfluous to the needs of capital.
just keeping here for reference, idk why really (question on exclusion vs exploitation being separate phenomena)
54
Contingent workers, temporary workers, part-time workers, and the long-term unemployed — this whole group is expanding, leading us down the road to pauperism. Notwithstanding the deep crisis of legitimacy this is creating for capitalism, there’s nothing, no tendency within capitalism itself, to go in a different direction. If we are going to change directions, it’s going to have to come from a mass political movement, rather than something coming out of capital itself.
Contingent workers, temporary workers, part-time workers, and the long-term unemployed — this whole group is expanding, leading us down the road to pauperism. Notwithstanding the deep crisis of legitimacy this is creating for capitalism, there’s nothing, no tendency within capitalism itself, to go in a different direction. If we are going to change directions, it’s going to have to come from a mass political movement, rather than something coming out of capital itself.