Martijn Konings, “Capital and Time: For a New Critique of Neoliberal Reason” (Stanford UP, 2018)

Martijn Konings, “Capital and Time: For a New Critique of Neoliberal Reason” (Stanford UP, 2018)

Today I was joined by Martijn Konings from Australia where he is Associate Professor of Political Economy at the University of Sydney. We had a conversation on his most recent book Capital and Time: For a New Critique of Neoliberal Reason (Stanford University Press, 2018). Its main contribution is to offer an original point of view on the issue of speculation. Critics of capitalist finance tend to focus on its speculative character. Our financial markets, they lament, encourage irresponsible bets on the future that reflect no real underlying value. Why is it, then, that opportunities for speculative investment continue to proliferate in the wake of major economic crises? To make sense of this, Capital and Time offers an understanding of economy as a process whereby patterns of order emerge out of the interaction of speculative investments. Speculation, he argues, is an essential intrinsic feature of capitalism and not just a negative spillover or a collateral behavior. The book also provides an original view on the role of the State. Progressive critics have assumed that the state occupies a neutral, external position from which it can step in to constrain speculative behaviors. On the contrary, Konings argues, the state has always been deeply implicated in the speculative dynamics of economic life. Through these insights, he offers a new interpretation of both the economic problems that emerged during the 1970s and the way that neoliberalism responded to them. Neoliberalism’s strength derives from its intuition that there is no position that transcends the secular logic of risk, and from its insistence that individuals actively engage that logic. The book concludes that the current critique of speculation is misleading and incapable of recognizing how American capitalism has come to embrace speculation and has thus been able to generate new kinds of order and governance. This is a very interesting book, written in an accessible way despite the complexity of the topic. Andrea Bernardi is Senior Lecturer in Employment and Organization Studies at Oxford Brookes University in the UK. He holds a doctorate in Organization Theory from the University of Milan, Bicocca. He has held teaching and research positions in Italy, China and the UK. Among his research interests are the use of history in management studies, the co-operative sector, and Chinese co-operatives. His latest project is looking at health care in rural China. He is the co-convener of the EAEPE’s permanent track on Critical Management Studies. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/critical-theory

Jaksot(2120)

Linh Thuy Nguyen, "Displacing Kinship: The Intimacies of Intergenerational Trauma in Vietnamese American Cultural Production" (Temple UP, 2024)

Linh Thuy Nguyen, "Displacing Kinship: The Intimacies of Intergenerational Trauma in Vietnamese American Cultural Production" (Temple UP, 2024)

Nearly fifty years after the end of the war in Vietnam, American children of Vietnamese refugees continue to process the meanings of the war and its consequences through creative work. Displacing Kinship: The Intimacies of Intergenerational Trauma in Vietnamese American Cultural Production (Temple UP, 2024) examines how Vietnamese American cultural productions register lived experiences of racism in their depictions of family life and marginalization. Second-generation texts illustrate how the children of refugees from Vietnam are haunted by trauma and a violent, ever-present, but mostly unarticulated past. Linh Thủy Nguyễn’s analysis reveals that present experiences of economic insecurity and racism also shape these narratives of familial loss. Developing a theory of intergenerational trauma, Nguyễn rethinks how U.S. imperialism, the discourse of communism, and assimilation impacted families across generations. Through ethnic studies and feminist and queer-of-color critique, Displacing Kinship offers a critical approach for reading family tensions and interpersonal conflict as affective investments informed by the material, structural conditions of white supremacy and racial capitalism. She was recently featured in an interview regarding her monograph with Toward Inclusive Excellence (TIE) of Choice, apublishing unit of the Association of College and Research Libraries. The complete interview is available at www.choice360.org/tie-post/tie-talks-with-linh-thuy-nguyen/. Linh Thủy Nguyễn, PhD, is associate professor of American ethnic studies; adjunct associate professor of gender, women’s, and sexuality studies; and faculty associate in the Center for Southeast Asia and its Diasporas and the Harry Bridges Labor Center at the University of Washington. Her research explores the interpersonal and structural relationships between history, memory, race, war, migration, nation, and family. You can find more at linhthuynguyen.com. Camellia (Linh) Pham is a PhD student in Comparative Literature at Harvard. Her research explores modern Vietnamese literature, literary translation across French, Vietnamese, English, and Chinese, and the literary history of French Indochina. She can be reached at cpham@g.harvard.edu. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/critical-theory

26 Helmi 1h 28min

Giampaolo Conte, "A History of Capitalist Transformation: A Critique of Liberal-Capitalist Reforms" (Routledge, 2024)

Giampaolo Conte, "A History of Capitalist Transformation: A Critique of Liberal-Capitalist Reforms" (Routledge, 2024)

A History of Capitalist Transformation: A Critique of Liberal-Capitalist Reforms highlights how, since the recent financial crises, the expression ‘liberal reform’ has entered common parlance as an evocative image of austerity and economic malaise, especially for the working classes and a segment of the middle class. But what exactly does ‘liberal reform’ refer to? The research analyzes the historical origins of liberal-capitalist reformism using a critical approach, starting with the origins of the Industrial Revolution. The book demonstrates that the chief purpose of such reforms was to integrate semi-peripheral states into the capitalist world-economy by imposing, both directly and indirectly, the adoption of rules, institutions, attitudes, and procedures amenable to economic and political interests of capitalist élites and hegemonic states – Britain first, the United States later – between the nineteenth and twenty-first centuries. As such, the reforms became an active tool used to promote social-economical-financial institutions, norms, and lifestyles typical of a liberal-capitalist economic order which locates some of its founding values in capital accumulation, profit-seeking, and social transformation. This book will be of significant interest to readers on capitalism, political economy, the history of the global economy, and British history. Giampaolo Conte is Assistant Professor in Economic History at University of Roma Tre, Italy. Morteza Hajizadeh is a Ph.D. graduate in English from the University of Auckland in New Zealand. His research interests are Cultural Studies; Critical Theory; Environmental History; Medieval (Intellectual) History; Gothic Studies; 18th and 19th Century British Literature. YouTube channel. Twitter. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/critical-theory

25 Helmi 23min

Tabish Khair, "Literature Against Fundamentalism" (Oxford UP, 2024)

Tabish Khair, "Literature Against Fundamentalism" (Oxford UP, 2024)

Acclaimed novelist and academic Tabish Khair argues that literature as a distinct mode of thinking can counteract fundamentalism. Literature is a mode of thinking, stories being one of the oldest thinking 'devices' known to humankind. The ways in which literature enables us to think are distinctive and necessary, because of the relationships between its material ('language') and its subject matter ('reality'). Although present in oral literature, these relationships are exposed in their full complexity with the rise of literature as a distinct form of writing. Literature Against Fundamentalism (Oxford UP, 2024) argues that literature enables us to engage with reality in language and language in reality, where both are mutually constitutive, constantly changing, and partly elusive. Tabish Khair defines this mode of engagement as essentially an agnostic one, resistant to simple dogma. Hence, literature can provide an antidote to fundamentalism. Khair argues that reading literature as literature--and not just as material for aesthetic, sociological, political, and other theoretical discourses--is essential for humanity. In the process, he offers a radical re-definition of literature, an illuminating engagement with religion and fundamentalism, a revaluation of the relationship between the sciences and humanities, and, finally, a call to literature as in 'a call to arms'. Tabish Khair is an Indian writer, academic and journalist, born (1966) and educated in the small town of Gaya in Bihar, India. After finishing his MA from Gaya, he completed a PhD at Copenhagen University and a DPhil at Aarhus University, Denmark, where he is now an Associate Professor. He has been a visiting professor or research fellow at various universities and has received Carlsberg, Leverhulme, and other academic grants. Khair is also an internationally published novelist. Morteza Hajizadeh is a Ph.D. graduate in English from the University of Auckland in New Zealand. His research interests are Cultural Studies; Critical Theory; Environmental History; Medieval (Intellectual) History; Gothic Studies; 18th and 19th Century British Literature. YouTube channel. Twitter. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/critical-theory

22 Helmi 1h 15min

Eugene W. Holland, "Perversions of the Market: Sadism, Masochism, and the Culture of Capitalism" (SUNY Press, 2024)

Eugene W. Holland, "Perversions of the Market: Sadism, Masochism, and the Culture of Capitalism" (SUNY Press, 2024)

Perversions of the Market: Sadism, Masochism, and the Culture of Capitalism (SUNY Press, 2024) argues that capitalism fosters sadism and masochism--not as individual psychological proclivities but as widespread institutionalized patterns of behavior. The book is divided into two parts: one historical and the other theoretical. In the first, Eugene W. Holland shows how, as capital becomes global in scale and drives production and consumption farther and farther apart, it perverts otherwise free markets, transforming sadism and masochism into borderline conditions and various supremacisms. The second part then turns to Deleuze and Guattari's 'schizoanalysis,' explaining how it helpfully embeds Freud's analysis of the family and Lacan's analysis of language within an analysis of the capitalist market and its psycho-dynamics. Drawing on literature and film throughout to illuminate the discontents of modern culture, Holland maintains that the sadistic relations of production and masochistic relations of consumption must be eliminated to prevent capitalism from destroying life as we know it. Nathan Smith is a PhD candidate in Music Theory at Yale University nathan.smith@yale.edu Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/critical-theory

21 Helmi 1h 45min

Martyn Percy, "The Crisis of Colonial Anglicanism: Empire, Slavery and Revolt in the Church of England" (Hurst, 2025)

Martyn Percy, "The Crisis of Colonial Anglicanism: Empire, Slavery and Revolt in the Church of England" (Hurst, 2025)

The Crisis of Colonial Anglicanism: Empire, Slavery and Revolt in the Church of England (Hurst, 2025) by Dr. Martyn Percy offers a bold and unsettling truth: the British Empire and Great Britain are primarily English constructions, and the Church of England benefited from English enterprise and exploitation, serving as the spiritual arm of the imperial project. English Anglicanism has cast itself as the lead character in its own ‘serious fiction’—the main religious player in a drama of Church and Empire. Yet, in collusion with colonialism, it is now trapped by historical amnesia. Dr. Percy examines the English interests concealed in appeals to Britishness, showing how slavery, exploitation, classism and racism upheld elitist and hierarchical worldviews that bolstered both Empire and Church. By viewing the rest of the world as lesser, both institutions have declined in global standing, now reduced to minor national players on the world stage. Religious, social and political imperialism thrived on deprecating others, but those once marginalised have fought for equality and independence. Today, the worldwide Anglican Communion faces a new era of moral reckoning. This interview was conducted by Dr. Miranda Melcher whose new book focuses on post-conflict military integration, understanding treaty negotiation and implementation in civil war contexts, with qualitative analysis of the Angolan and Mozambican civil wars. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/critical-theory

21 Helmi 47min

Adnan Husain on Reorienting History

Adnan Husain on Reorienting History

In this episode, Chella Ward and Salman Sayyid talked to Adnan Husain about some of the challenges involved in reorienting history. We spoke about the opportunities and limitations of the idea of ‘the global’ as a way of organising history, and explored the relationship between the global and the decolonial. Adnan Husain is a Medieval European and Middle Eastern historian at Queen’s University, Canada. He has a particular interest in the relationship between Muslims, Jews and Christians in the medieval Mediterranean and we particularly enjoyed talking to him about the question of methodology: how do we write a new history of the world? Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/critical-theory

21 Helmi 1h 16min

Violent Majorities 2.2: Subir Sinha on Hindutva as Long-Distance Ethnonationalism

Violent Majorities 2.2: Subir Sinha on Hindutva as Long-Distance Ethnonationalism

Lori Allen and Ajantha Subramanian continue their second series on Violent Majorities. Their previous episode featured Peter Beinart on Zionism as long-distance ethnonationalism; here they speak with Subir Sinha, who teaches at SOAS University of London, comments on Indian and European media, and is a member of a commission of inquiry exploring the 2022 unrest between Hindus and Muslims in Leicester, UK. The catalysts he identifies for the rise of Hindu nationalism (Hindutva) include the emergence of new middle classes after economic liberalization, the rise of Islamophobia after 9/11, the 2008 crisis in capitalism, and the spread of new communications technologies. The trio discuss the growth of Hindutva in the US and UK since the 1990s and its further consolidation. Social media has been key to Modi’s brand of authoritarian populism, with simultaneous messaging across national borders producing a globally dispersed audience for Hindutva. Particularly useful to transnational political mobilizations has been the manufacture of wounded Hindu sentiments: a claim to victimhood that draws on the legitimizing language of religious minority rights in the US and UK. They also note more hopeful signs: Dalit and other oppressed caste politics have begun to strengthen in the diaspora; the contradictions between lived Hinduism and Hindutva have become clearer; there are some demographic and structural barriers to Hindutva’s further growth in the UK and US. Subir’s Recallable Book is Kunal Purohit’s H-Pop:The Secretive World of Hindutva Pop Stars (Harper Collins India, 2023), which looks at the proliferation of Hindutva Pop, a genre of music that is made to go viral and whip up mob violence against religious minorities. Mentioned in this episode: Subir Sinha, “Fragile Hegemony: Modi, Social Media, and Competitive Electoral Populism in India.” International Journal of Communication 11(2017), 4158–4180. Subir Sinha, “‘Strong leaders’, authoritarian populism and Indian developmentalism: The Modi moment in historical context.” Geoforum, https://doi.org/10.1016/j.geoforum.2021.02.019 Subir Sinha, “Modi's People and Populism's Imagined Communities.” Seminar, 7 5 6 – A u g u s t 2022, pp.18-23. Edward T. G. Anderson, Hindu Nationalism in the Indian Diaspora: Transnational Politics and British Multiculturalism. London: Hurst & Co., 2023. Rashtriya Swayamsevak Sangh (RSS), or National Volunteer Corps, is the parent organization of the Sangh Parivar, or Hindu nationalist family of organizations. It espouses principles of Hindu unity and aims to transform India into a Hindu supremacist nation-state. Vishwa Hindu Parishad (VHP), or World Hindu Organization, is a branch of the Sangh Parivar. Its stated aims are to engage in social service work, construct Hindu temples, and defend Hindus. On the anti-caste discrimination bill in the UK parliament, see David Mosse, Outside Caste? The Enclosure of Caste and Claims to Castelessness in India and the United Kingdom The Ganesh Puja period is a 10-day festival that honors the Hindu god Ganesha, and usually takes place in late August or early September. Diane M. Nelson, A Finger in the Wound: Body Politics in Quincentennial Guatemala. Berkeley: University of California Press, 1999. Benedict Anderson, Imagined Communities: Reflections on the Origin and Spread of Nationalism. Verso; Revised edition, 2016. Yohann Koshy, “What the unrest in Leicester revealed about Britain – and Modi’s India.” The Guardian, 8 February 2024. Richard Manuel, Cassette Culture in North India: Popular Music and Technology in North India. University of Chicago .Press; 2nd ed. Edition,1993. Listen and Read here. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/critical-theory

20 Helmi 54min

William M. Paris, "Race, Time, and Utopia: Critical Theory and the Process of Emancipation" (Oxford UP, 2024)

William M. Paris, "Race, Time, and Utopia: Critical Theory and the Process of Emancipation" (Oxford UP, 2024)

How does time figure in racial domination? What is the relationship between the capitalist organization of time and racial domination? Could utopian thinking give us ways of understanding our own time and its dominations? In Race, Time, and Utopia: Critical Theory and the Process of Emancipation (Oxford University Press, 2025), William Paris uses the tools of critical theory to draw out the utopian interventions in the works of W.E.B Du Bois, Martin Delany, Marcus Garvey, Frantz Fanon, and James Boggs. Arguing that utopian thinking gives us normative purchase on the problems of our own time, Paris shows not that these historical figures can tell us how or to what end we navigate our current crises. Rather, their insights and failures help us denaturalize our mode of life and develop self-emancipatory practices to realize what is not yet possible under the current conditions of injustice in which we have come to be. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/critical-theory

20 Helmi 1h 9min

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