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

      book-review
      World Review of Political Economy
      Pluto Journals
      nationalism, development, the state, capitalism
      Bookmark

            Abstract

            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.

            Content

            Author and article information

            Journal
            10.2307/j50005553
            worlrevipoliecon
            World Review of Political Economy
            Pluto Journals
            2042-891X
            2042-8928
            1 October 2020
            : 11
            : 3 ( doiID: 10.13169/worlrevipoliecon.11.issue-3 )
            : 415-420
            Article
            worlrevipoliecon.11.3.0415
            10.13169/worlrevipoliecon.11.3.0415
            1d09d257-75cd-400d-a869-f55ac03f3771
            © 2020 World Association for Political Economy

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            History
            Product

            The Sublime Perversion of Capital: Marxist Theory and the Politics of History in Modern Japan , by , Duke University Press, 2016, xvi + 245 pp., £79.00 (cloth), ISBN 978-0-8223-6141-1, £18.99 (paper), ISBN 978-0-8223-6160-2

            Custom metadata
            eng

            Political economics
            nationalism,the state,capitalism,development

            References

            1. Anderson, P. 1992. English Questions. London: Verso.

            2. Barratt Brown, M. 1988. “Away with All the Great Arches: Anderson's History of British Capitalism.” New Left Review 1 (167): 22–51.

            3. Boland, T. 2013. “Towards an Anthropology of Critique: The Modern Experience of Liminality and Crisis.” Anthropological Theory 13 (3): 222–239.

            4. Brennan, T. 2014 “Subaltern Stakes.” New Left Review 2 (69): 67–87.

            5. Deleuze, G., and F. Guattari. 1977. Anti-Oedipus: Capitalism and Schizophrenia. Minneapolis, MN: University of Minnesota Press.

            6. Desai, R. 2006. “Neoliberalism and Cultural Nationalism: A Danse Macabre.” In Neoliberal Hegemony: A Global Critique, edited by D. Plehwe, B. Walpen, and G. Neunhöffer, 222–235. London: Routledge.

            7. Fisher, M. 2009. Capitalism Realism: Is There No Alternative? Ropley: O Books.

            8. Gotoh, F. 2019. Japanese Resistance to American Financial Hegemony: Global versus Domestic Social Norms. London: Routledge.

            9. Lechevalier, S., ed. 2014. The Great Transformation of Japanese Capitalism, translated by J. A. A. Stockwin. London: Routledge.

            10. Walker, G. 2016. The Sublime Perversion of Capital: Marxist Theory and the Politics of History in Modern Japan. Durham, NC: Duke University Press.

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