capitalism

"Recently I attended a conference on globalization and global regulation which was organized by some left social scientists at a university in the USA. One thing I noticed in many of the contributions was the way in which everything was centered on or by capitalism, almost by default. Regulation was seen as focused upon capitalism and ultimately became part of a capitalist formation. Non-capitalist social sites (including the household and the state) were involved in the reproduction of capitalism, perhaps in new forms.

This chapter overviews the diverse economies framing of the enterprise, a framing that is founded on two distinguishing features. First there is the understanding of class as a process of producing, appropriating and distributing surplus labour; and second there is the use of a ‘weak theory’ perspective. What results is the recognition of enterprise diversity such that the economic landscape is populated with a range of non-capitalist, capitalist and more-than-capitalist enterprises.

Much of the debate over sustainable development revolves around how to balance the competing demands of economic development, social well-being, and environmental protection. “Jobs vs. environment” is only one of the many forms that such struggles take. But what if the very terms of this debate are part of the problem? Reimagining Livelihoods argues that the “hegemonic trio” of economy, society, and environment not only fails to describe the actual world around us but poses a tremendous obstacle to enacting a truly sustainable future.