Enrichment: The New Form of Capitalism? A Reply to Boltanski and Esquerre

Luc Boltanski and Arnaud Esquerre have proposed a new way to think about capitalism. First, they develop a novel, pragmatic approach to value, which allows them to distinguish three distinctive «economies» within capitalism: industry, finance and what they call «enrichment». Then, they analyze a gro...

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Hlavní autor: Fraser, Nancy
Médium: Article ou chapitre numérique
Jazyk:Anglais
Vydáno: Teoria politica 2020
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On-line přístup:Accès Université d'Orléans et IFPM
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spelling openedition-oai:revues.org:tp_690 en https://journals.openedition.org/tp/690 2020-05-26T02:00:00Z info:eu-repo/semantics/openAccess article info:eu-repo/semantics/article urn:handle:20.500.13089/lh9g All rights reserved Enrichment: The New Form of Capitalism? A Reply to Boltanski and Esquerre Teoria politica Rosenberg & Sellier info:eu-repo/semantics/reference/issn/1972-5477 info:eu-repo/semantics/reference/issn/0394-1248 URI:https://journals.openedition.org/tp Fraser, Nancy Form of Capitalism Spirit of Capitalism Industry Finance Enrichment Economy Luc Boltanski and Arnaud Esquerre have proposed a new way to think about capitalism. First, they develop a novel, pragmatic approach to value, which allows them to distinguish three distinctive «economies» within capitalism: industry, finance and what they call «enrichment». Then, they analyze a growing «enrichment economy», which encompasses markets in fine arts, limited-edition luxury goods, high-end collectibles and the creation and exploitation of national patrimonies, heritage sites and appellation controllée regimes. My essay details the originality and insightfulness of their contribution. But I also air doubts about what precisely the authors mean by capitalism; whether and in what sense they have offered a critique of it; and whether and in what respects their diagnosis clarifies the current conjuncture and the prospects for emancipatory struggle. I conclude by sketching an account that incorporates their contribution within a broader conception of expropriative-financialized capitalism and better discloses the potential for anti-capitalist mobilization.
collection OpenEdition Journal
language Anglais
format Article ou chapitre numérique
building 0/Bibliothèque numérique/
1/Bibliothèque numérique/OpenEdition Journals/
topic Form of Capitalism
Spirit of Capitalism
Industry
Finance
Enrichment Economy
spellingShingle Form of Capitalism
Spirit of Capitalism
Industry
Finance
Enrichment Economy
Fraser, Nancy
Enrichment: The New Form of Capitalism? A Reply to Boltanski and Esquerre
description Luc Boltanski and Arnaud Esquerre have proposed a new way to think about capitalism. First, they develop a novel, pragmatic approach to value, which allows them to distinguish three distinctive «economies» within capitalism: industry, finance and what they call «enrichment». Then, they analyze a growing «enrichment economy», which encompasses markets in fine arts, limited-edition luxury goods, high-end collectibles and the creation and exploitation of national patrimonies, heritage sites and appellation controllée regimes. My essay details the originality and insightfulness of their contribution. But I also air doubts about what precisely the authors mean by capitalism; whether and in what sense they have offered a critique of it; and whether and in what respects their diagnosis clarifies the current conjuncture and the prospects for emancipatory struggle. I conclude by sketching an account that incorporates their contribution within a broader conception of expropriative-financialized capitalism and better discloses the potential for anti-capitalist mobilization.
author Fraser, Nancy
author_facet Fraser, Nancy
author_sort Fraser, Nancy
title Enrichment: The New Form of Capitalism? A Reply to Boltanski and Esquerre
title_short Enrichment: The New Form of Capitalism? A Reply to Boltanski and Esquerre
title_full Enrichment: The New Form of Capitalism? A Reply to Boltanski and Esquerre
title_fullStr Enrichment: The New Form of Capitalism? A Reply to Boltanski and Esquerre
title_full_unstemmed Enrichment: The New Form of Capitalism? A Reply to Boltanski and Esquerre
title_sort enrichment: the new form of capitalism? a reply to boltanski and esquerre
publisher Teoria politica
publishDate 2020
container_title URI:https://journals.openedition.org/tp
url https://ezproxy.univ-orleans.fr/login?url=https://journals.openedition.org/tp/690
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