Abstract

In his book The Structure of World History (2014) Kojin Karatani has argued that too little attention has been paid in Marxist historiography to the issue of ‘exchange’. In a number of Shakespearean texts ‘exchange’ and ‘reciprocity’ are of vital importance in sustaining social cohesion; in Romeo and Juliet, for example, radical disruptions of patterns of reciprocity and exchange expose an ambivalence that, in certain critical circumstances, inheres in language itself. The disruption that results from the perversion of these values is felt at every level of the social order, but particularly in the sphere of the ‘economic’, where money and trade become metaphors for the disturbance of the relation between language and action, word and object. This disruption is represented as a product of ‘nature’ but it also becomes a feature of a historically over-determined human psychology, and leads to a critical examination of different forms of government and social organization.

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