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Scandalous EconomicsGender and the Politics of Financial Crises$
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Aida A. Hozic and Jacqui True

Print publication date: 2016

Print ISBN-13: 9780190204235

Published to Oxford Scholarship Online: April 2016

DOI: 10.1093/acprof:oso/9780190204235.001.0001

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Global Raciality of Capitalism and “Primitive” Accumulation

Global Raciality of Capitalism and “Primitive” Accumulation

(Un)Making the Death Limit?

(p.205) Chapter 12 Global Raciality of Capitalism and “Primitive” Accumulation
Scandalous Economics

Anna M. Agathangelou

Oxford University Press

A racial bodily matrix shapes world politics, but most analyses of financial crises ignore these relations. The recent meltdowns of peripheral economies such as Greece provide a space for rethinking the significance of this matrix in the emerging subject(s) of a global racial capitalism. This chapter brings into conversation the debates on raciality and international feminist political economy with a focus on debt, reproduction, and “primitive” accumulation. It argues that debt is a technology of governance, with death at its forefront, and notes how such a technology subjects some “bodies” to terror accumulation and its contingent traumatic effects. Legal regimes are transformed, with banks and the state becoming instigators of violence. The discursive products of constitutional, labor, and corporeal relations are examined, revealing that the objects of sovereignty, labor, and corporealities undergo a foundational change that obfuscates the central role of raciality in attempts to restructure the EU power dynamic.

Keywords:   global, race, capitalism, Greece, debt, financial crisis

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