Opening Word document…

The will to secure civil society against the crises of financialization is parasitic on black exploitation and death in the form of racial capitalism – its an alt cause to the advantage.

Melamed 15 Jodi Melamed is assistant professor of English and Africana Studies at Marquette University. She is the author of Represent and Destroy: Rational- izing Violence in the New Racial Capitalism (Minnesota, 2011). Racial Capitalism University of Minnesota Press Critical Ethnic Studies , Vol. 1, No. 1 (Spring 2015), pp. 76-85 DOA:3/23/19 WAKE SHC

Our dominant critical understanding of the term racial capitalism stays close to the usage of its originator, Cedric Robinson, in his seminal Black Marxism: The Making of a Black Radical Tradition.3 Robinson develops the term to correct the developmentalism and racism that led Marx and Engels to believe mistakenly that European bourgeois society would rationalize social relations. Instead, Robinson explains, the obverse occurred: “The development, organization, and expansion of capitalist society pursued essentially racial directions, so too did social ideology. As a material force . . . racialism would inevitably permeate the social structures emergent from capitalism. I have used the term ‘racial capitalism’ to refer . . . to the subsequent structure as a historical agency.”4 Thus the term “racial capitalism” requires its users to recognize that capitalism is racial capitalism. Capital can only be capital when it is accumulating, and it can only accumulate by producing and moving through relations of severe inequality among human groups—capitalists with the means of production/workers without the means of subsistence, creditors/debtors, conquerors of land made property/the dispossessed and removed. These antinomies of accumulation require loss, disposability, and the unequal differentiation of human value, and racism enshrines the inequalities that capitalism requires. Most obviously, it does this by displacing the uneven life chances that are inescapably part of capitalist social relations onto fictions of differing human capacities, historically race. We often associate racial capitalism with the central features of white supremacist capitalist development, including slavery, colonialism, genocide, incarceration regimes, migrant exploitation, and contemporary racial warfare. Yet we also increasingly recognize that contemporary racial capitalism deploys liberal and multicultural terms of inclusion to value and devalue forms of humanity differentially to fit the needs of reigning state- capital orders.

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