Clinging to the Relics for Support: Capitalism and the Nation—Review of <i>The Sublime Perversion of Capital: Marxist Theory and the Politics of History in Modern Japan </i> by Gavin Walker

<p class="first" id="d367463e80">Observing the apparently anomalous retention of pre-capitalist forms amid rapid economic transformation, Marxists in early 20th-century Japan grappled with the theoretical challenges posed by a set of practices that d...

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Bibliographic Details
Main Author: Michael Keaney
Format: Article
Language:English
Published: Pluto Journals 2020-09-01
Series:World Review of Political Economy
Online Access:https://www.scienceopen.com/hosted-document?doi=10.13169/worlrevipoliecon.11.3.0415
Description
Summary:<p class="first" id="d367463e80">Observing the apparently anomalous retention of pre-capitalist forms amid rapid economic transformation, Marxists in early 20th-century Japan grappled with the theoretical challenges posed by a set of practices that did not adhere to the presumed teleology of capitalist development. In response, they proposed a sophisticated treatment of nationalism as an essential (but inherently temporary) stabilizing feature of capitalism, requiring constant reinvention as part of capitalism's fundamentally unstable and contradictory growth process. The validity of this treatment can be witnessed today with respect to populist backlashes in Europe and North America, and strident nationalist and even genocidal state policies in South Asia, amid a general stalling of the neoliberal globalization project that has increasingly been seen to fail in the unfolding aftermath of the global financial crisis of 2007–2009. </p>
ISSN:2042-891X
2042-8928