Abstract
After decades in which the term ‘capitalism’ could scarcely be found outside the writings of Marxian thinkers, commentators of varying stripes now worry openly about its sustainability, scholars from every school scramble to systematize criticisms of it, and activists throughout the world mobilize in opposition to its practices. Nevertheless, the current boom in ‘capitalism’ talk remains largely rhetorical—more a symptom of the desire for systematic critique than a substantive contribution to it. Traditional Marxist conceptions of capitalism and its crisis are of no help here, since they fail systematically to incorporate the insights of feminism, postcolonialism and ecological thought. As a result, we lack conceptions of capitalism and capitalist crisis that are adequate to our time. In this chapter, Fraser suggests a way in which the Marxian conceptions of capitalism and capitalist crisis might be rethought in order to remedy this lacuna.
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