Skip to main content
Unit of study_

ECOP2012: Social Foundations of Capitalism

Semester 1, 2022 [Normal day] - Remote

This unit examines the ways in which the economic activities of capitalism are 'embedded' within a much broader social structure. To do this, you will study the nature, structure, and relations of capitalism’s core institutions such as capital, labour, households, and the state. You will consider the conflict, contradiction, and cohesion inherent in the relationships between these institutions with respect to the racialised, classed, gendered and environmental processes of capital accumulation.

Unit details and rules

Unit code ECOP2012
Academic unit Political Economy
Credit points 6
Prohibitions
? 
ECOP2002
Prerequisites
? 
12 credit points at 1000 level in Political Economy
Corequisites
? 
None
Assumed knowledge
? 

None

Available to study abroad and exchange students

Yes

Teaching staff

Coordinator Adam David Morton, adam.morton@sydney.edu.au
Tutor(s) Riki Scanlan, riki.scanlan@sydney.edu.au
Type Description Weight Due Length
Assignment Long Essay 2
Written work
35% Formal exam period 2000 words
Outcomes assessed: LO1 LO2 LO3 LO4 LO5 LO6 LO7
Assignment Short Essay
Written work
20% Week 06 1200 words
Outcomes assessed: LO1 LO7 LO6 LO5 LO4 LO3 LO2
Assignment Long Essay 1
Written work
35% Week 12 2000 words
Outcomes assessed: LO1 LO7 LO6 LO5 LO4 LO3 LO2
Presentation Tutorial Presentation
Presentation is equivalent to 800 words of written material.
10% Weekly 10-20 minutes
Outcomes assessed: LO1 LO7 LO6 LO5 LO4 LO3 LO2

Assessment summary

  • Tutorial Presentation: Your mark for this assessment will be based upon the content of your presentation AND how well you stimulate and guide in-class discussion during the tutorial.
  • Short Essay: Read the article by Dani Rodrik, ‘The fatal flaw of neoliberalism: it’s bad economics’, The Guardian (14 November 2017); How are the assumptions about neoliberalism in this article - based on the 'preference for markets over government' - challenged by the arguments of Ellen Meiksins Wood?
  • Long Essay 1: Choose from one of three topics from the following:
  1. The capitalistic state must try to fulfil two basic and often contradictory functions – accumulation and legitimisation. This means that the state must try to maintain or create the conditions in which profitable capital accumulation is possible. However, the state must also try to maintain or create the conditions for social harmony’  ─ James O’Connor, The Fiscal Crisis of the State.Evaluate O’Connor’s proposition regarding the dynamics of the capitalist state. OR
  2. ‘Patriarchy . . . constitutes the mostly invisible underground of the visible capitalist system’ ─ Maria Mies, Patriarchy and Accumulation on a World Scale. Discuss with reference to the capitalist economy. OR
  3. With reference to the work of Ellen Meiksins Wood, reflect on the prevalence of contemporary instances where the unity of appropriation and coercion within capitalism might still prevail and the degree to which this challenges her arguments. OR
  4. What are the promises and pitfalls of a racialised understanding of the “market” for political economy? 
  • Long Essay 2: details of this final assessment will be delivered towards the end of the unit. In recent years this has been a take-home assignment.

Detailed information for each assessment can be found on Canvas.

Assessment criteria

The University awards common result grades, set out in the Coursework Policy 2014 (Schedule 1).

As a general guide, a High distinction indicates work of an exceptional standard, a Distinction a very high standard, a credit a good standard, and a pass an acceptable standard.

Result name

Mark range

Description

High distinction

 

85 - 100

For more information see sydney.edu.au/students/guide-to-grades

For more information see guide to grades.

Late submission

In accordance with University policy, these penalties apply when written work is submitted after 11:59pm on the due date:

  • Deduction of 5% of the maximum mark for each calendar day after the due date.
  • After ten calendar days late, a mark of zero will be awarded.

Academic integrity

The Current Student website  provides information on academic integrity and the resources available to all students. The University expects students and staff to act ethically and honestly and will treat all allegations of academic integrity breaches seriously.  

We use similarity detection software to detect potential instances of plagiarism or other forms of academic integrity breach. If such matches indicate evidence of plagiarism or other forms of academic integrity breaches, your teacher is required to report your work for further investigation.

You may only use artificial intelligence and writing assistance tools in assessment tasks if you are permitted to by your unit coordinator, and if you do use them, you must also acknowledge this in your work, either in a footnote or an acknowledgement section.

Studiosity is permitted for postgraduate units unless otherwise indicated by the unit coordinator. The use of this service must be acknowledged in your submission.

Simple extensions

If you encounter a problem submitting your work on time, you may be able to apply for an extension of five calendar days through a simple extension.  The application process will be different depending on the type of assessment and extensions cannot be granted for some assessment types like exams.

Special consideration

If exceptional circumstances mean you can’t complete an assessment, you need consideration for a longer period of time, or if you have essential commitments which impact your performance in an assessment, you may be eligible for special consideration or special arrangements.

Special consideration applications will not be affected by a simple extension application.

Using AI responsibly

Co-created with students, AI in Education includes lots of helpful examples of how students use generative AI tools to support their learning. It explains how generative AI works, the different tools available and how to use them responsibly and productively.

WK Topic Learning activity Learning outcomes
Week 01 Introduction: the socially embedded economy Lecture (1 hr)  
Week 02 Market dependence and social property relations Lecture (1 hr)  
Introduction: the state/market dichotomy Tutorial (1 hr)  
Week 03 Aspects of Economic Regulation Lecture (1 hr)  
Market dependence and social property relations Tutorial (1 hr)  
Week 04 Essays and ideas Lecture (1 hr)  
Aspects of Economic Regulation Tutorial (1 hr)  
Week 05 Fictitious Commodities Lecture (1 hr)  
Essay writing support Tutorial (1 hr)  
Week 06 Commodity fetishism Lecture (1 hr)  
Fictitious commodities Tutorial (1 hr)  
Week 07 The social embeddedness of the state Lecture (1 hr)  
Commodity fetishism Tutorial (1 hr)  
Week 08 The social embeddedness of race Lecture (1 hr)  
The social embeddedness of the state Tutorial (1 hr)  
Week 09 The social embeddedness of ecology Lecture (1 hr)  
The social embeddedness of race Tutorial (1 hr)  
Week 10 The social embeddedness of gender Lecture (1 hr)  
The social embeddedness of ecology Tutorial (1 hr)  
Week 11 The social embeddedness of capital Lecture (1 hr)  
The social embeddedness of gender Tutorial (1 hr)  
Week 12 The social embeddedness of space Lecture (1 hr)  
The social embeddedness of capital Tutorial (1 hr)  
Week 13 How should we study the social foundations of capitalism? Lecture (1 hr)  
The social embeddedness of space Tutorial (1 hr)  

Attendance and class requirements

  • Attendance: According to Faculty Board Resolutions, students in the Faculty of Arts and Social Sciences are expected to attend 90% of their classes. If you attend less than 50% of classes, regardless of the reasons, you may be referred to the Examiner’s Board. The Examiner’s Board will decide whether you should pass or fail the unit of study if your attendance falls below this threshold.
  • Lecture recording: Most lectures (in recording-equipped venues) will be recorded and may be made available to students on the LMS. However, you should not rely on lecture recording to substitute your classroom learning experience.
  • Preparation: Students should commit to spend approximately three hours’ preparation time (reading, studying, homework, essays, etc.) for every hour of scheduled instruction.

Study commitment

Typically, there is a minimum expectation of 1.5-2 hours of student effort per week per credit point for units of study offered over a full semester. For a 6 credit point unit, this equates to roughly 120-150 hours of student effort in total.

Required readings

The Lecture is held every week commencing Semester 1 on 22 February and each Tuesday thereafter, 10:00-11:00. Room: Lecture Theatre 4, Chemistry Building.

This is the reading guideline for the Tutorials, which commence in Week 2.

Tutorial 1 (Week 2): Introduction: the state/market dichotomy

Week Beginning 28 February

In this introductory tutorial you are encouraged to explore the relationships between the economy and society in a general sense. The set reading makes a case for markets being understood as ‘socially embedded’ which means that markets inevitably depend upon and are structured by social institutions. This should provide you with a focus for your initial thoughts, but discussion can range beyond this. While you needn’t agree with the propositions outlined in the set text, it is important that you understand them so that you can evaluate their usefulness.

Required Reading

  • Ian Bruff, ‘Overcoming the State/Market Dichotomy’, in Stuart Shields, Ian Bruff and Huw Macartney (eds) Critical International Political Economy: Dialogue, Debate and Dissensus (London: Palgrave, 2011): pp. 80-98.

 

Further Reading

  • Ben Spies-Butcher, Joy Paton and Damien Cahill, Market Society: History, Theory, Practice (Cambridge University Press, 2012): pp. 1-3.

 

Tutorial 2 (Week 3): Market Dependence and Social Property Relations

Week Beginning 7 March

Having examined the relationships between the economy and society at a very general level of analysis, attention now turns to a consideration of the social property relations specific to capitalism. Given its apparent centrality to the disciplines of economics and political economy, one might reasonably assume that there is a settled, agreed-upon definition of capitalism and its constituent features. On the contrary, however, ‘capitalism’ is an essentially contested concept. Where its usage is deemed appropriate at all (for example, some economics dictionaries do not contain a definition of capitalism), it is the subject of ongoing debate among scholars as to its meaning and core components. This tutorial encourages you to think about the defining features of capitalism and what makes it distinct as an economic system. Discussion is organised around Ellen Meiksins Wood’s proposition that capitalism is a system of ‘market dependence’ founded on particular social relations of production (i.e. the rights and claims on the inputs and outputs of production).

 

Required Reading

  • Ellen Meiksins Wood, Democracy Against Capitalism: Renewing Historical Materialism A Longer View (Cambridge: Cambridge University Press, 1995): Chapter 1 ‘The Separation of the “Economic” and the “Political” in Capitalism’.

Also available in: Ellen Meiksins Wood ‘The Separation of the Economic and the Political in Capitalism’, New Left Review (I), No. 127 (1981): 66-95.

 

Further Reading

  • Charles Post (1982) ‘The American Road to Capitalism’, New Left Review, I/133: pp. 30-51.
  • Jairus Banaji (2013) ‘The Fictions of Free Labour: Contract, Coercion and So-Called Unfree Labour’, Historical Materialism, 11(3): pp. 69-95.
  • Ellen Meiksins Wood, The Origin of Capitalism: A Longer View (London: Verso, 1999), Chapter 4.
  • Sébastien Rioux, ‘The Fiction of Economic Coercion: Political Marxism and the Separation of Theory and History’, Historical Materialism, 21:4 (2013): 92-128.
  • Larry Patriquin (ed), The Ellen Meiksins Wood Reader (Leiden: Brill, 2012): ‘Chapter 1: Capitalism’.
  • John Lie, ‘Visualizing the Invisible Hand: The Social Origins of 'Market Society' in England’, Politics and Society, 21:3 (1993).

 

Tutorial 3 (Week 4): Aspects of Economic Regulation—guest lecture with Dr Brett Heino (UTS)

Week Beginning 14 March

As a counterpart to rethinking state/market relations, the topic of focus here is the regulationalist perspective. By elucidating key concepts of the regulation approach that unpack a vocabulary of industrial paradigm, accumulation regime, and mode of regulation it will be possible to understand the post-World War II labour process of Fordism as a specific instance of the capitalist mode of production. With this theoretical vocabulary, it will be possible to assess ‘Antipodean Fordism’ in Australia as part of this periodisation of capitalism across advanced capitalist countries. The outcome will be an ability to reflect critically on the mode of economic regulation that came to define the era of Fordism involving a Keynesian welfare national state and its guarantee of effective demand through protective social legislation and the generalisation of mass consumption norms as well as its crisis conditions and contradictions. This reflection on aspects of economic regulation will be an important backstop later in the unit to political economy analysis of the social embeddedness of state, race, gender, ecology, capital, and space.

 

Required reading

  • Brett Heino, Regulation Theory and Australian Capitalism: Rethinking Social Justice and Labour Law (Rowman and Lilttlefield International, 2017), Chapter 4: ‘Antipodean Fordism and Liberal-Productivism in Australia’.

 

Further reading

  • Alain Lipietz, Mirages and Miracles: The Crises of Global Fordism, trans. David Macey (Verso, 1987), Chapter 4: ‘Questions of Method’.
  • Lynne Chester, ‘Reflections of an Australian Regulationist’, Revue de la Regulation, 19 (2016), 1-8.
  • Bob Jessop, ‘Regulation Theories in Retrospect and Prospect’, Economy and Society, 19:2 (1990), 153-216.
  • David F. Ruccio, ‘Fordism on a World Scale: International Dimensions of Regulation’, Review of Radical Political Economics, 21:4 (1989): 33-53.
  • Damian Cahill and Elizabeth Humphrys, ‘How Labour Made Neoliberalism’, Critical Sociology, 43:4-5 (2017): 669-84.
  • Jamie Peck and Adam Tickell, ‘Local Modes of Social Regulation? Regulation Theory, Thatcherism and Uneven Development’, Geoforum, 23:3 (1992): 347-63.

 

Tutorial 4 (Week 5): Essay Writing support

Week Beginning 21 March

No presentations

 

Tutorial 5 (Week 6): Fictitious Commodities

Week Beginning 28 March

Commodification is the process whereby things that exist outside of the market system are transformed into commodities with a price (in Marx’s language, when ‘use values’ become ‘exchange values’). It is a key feature of capitalist economies. This tutorial encourages to you examine the dynamics of commodification. Discussion is organised around Karl Polanyi’s classic The Great Transformation and his concept of ‘fictitious commodities’ – things that have a price, and are traded in markets, but are not produced for sale. You are encouraged to evaluate this concept and consider the social nature of commodification and the implications, if any, of social processes being integral to the constitution of key capitalist commodities.

 

Required Reading

  • Karl Polanyi The Great Transformation: The Political and Economic Origins of our Time (Beacon Press, 1950), Chapter 6: ‘The self-regulating market and the fictitious commodities: labor, land and money’.

 

Further Reading

  • Gareth Dale, Karl Polanyi: The limits of the market, Polity, London, 2010.
  • Jamie Peck, Work-Place: The Social Regulation of Labour Markets, The Guildford Press, New York, 1996, esp. Chapter 2.
  • Karl Polanyi The Great Transformation: The Political and Economic Origins of our Time, Beacon Press, 1950, Chapters 11 & 12.
  • Chris Holden, ‘Decommodification and the Welfare State’, Political Studies Review 1(3), 2003, pp. 303-316.
  • Ayşe Buğra and Kaan Ağartan (eds), Reading Karl Polanyi for the twenty-first century: market economy as a political project, Palgrave Macmillan, New York, 2007.
  • Joy Paton (2010), ‘Labour as a (Fictitious) Commodity: Polanyi and the Capitalist ‘Market Economy’, The Economic and Labour Relations Review 21(1): 77-88.

 

Tutorial 6 (Week 7): Commodity Fetishism

Week Beginning 4 April

In this tutorial, you are encouraged to consider the ways by which the structure of capitalist economies conditions how we see and experience it, and how this may obscure certain key constitutive features of the capitalist system. This tutorial introduces Marx’s concept of commodity fetishism – the phenomenon whereby relationships between people appear as (or become) relationships between things. It opens up consideration of the ways in which the material structure of the capitalist economies privileges certain ways of thinking about capitalism – e.g. as a system of commodities and their prices as distinct from a set of social relations.

 

Required Reading (one of the following)

  • Karl Marx, Capital: A Critique of Political Economy, Volume 1, ‘The Fetishism of the Commodity and its Secret’ (London: Penguin, 1990), pp. 163-78.
  • Maurice Godelier, ‘Market Economy and Fetishism, Magic and Science According to Marx’s Capital’, in Maurice Godelier, Perspectives in Marxist Anthropology (Cambridge: Cambridge University Press, 1977), pp. 152-65.
  • David Harvey, A Companion to Marx’s Capital, Volume 1 (London: Verso, 2010), ‘Section 4: The Fetishism of the Commodity and its Secret’, pp. 38-47.

 

Further Reading

  • Ben Spies-Butcher, Joy Paton and Damien Cahill, Market Society: History, Theory, Practice, Cambridge University Press, 2012, pp. 32-34.
  • I. I. Rubin, Essays on Marx’s Theory of Value, Black and Red, Detroit, 1972, esp Chapter 1.
  • Ben Fine and Alfredo Saad-Filho, Marx’s Capital, 4th edition, Pluto Press, London, 2004, ‘The Fetishism of Commodities’, pp. 25-29.
  • David McNally, Monsters of the Market: Zombies, Vampires and Global Capitalism, Brill Leiden, 2011, pp. 126-132 & Chapter 3.
  • A Hussain, ‘Commodity Fetishism’ in John Eatwell, Murray Milgate ad Peter Newman (eds), The New Palgrave Marxian Economics, Macillan, London, 1990, pp. 85-86.
  • Thanasis Maniatis and Phillip O’Hara, ‘Commodity Fetishism’ in Phillip O’Hara, Encyclopedia of Political Economy, Routledge, London, 1999.
  • Michael Taussig, The Devil and Commodity Fetishism in South America, University of North Carolina Press, Chapel Hill, 1980, Chapter 2.

 

Tutorial 7 (Week 8): The Social Embeddedness of the State

Week Beginning 11 April

This tutorial encourages you to think about the nature and role of the state in a capitalist economy. Taking a historical view suggests that the state has only grown in importance within capitalist economies during the last 150 years. This alone should prompt skepticism about claims that the state is simply an exogenous interference in otherwise autonomous market processes, as in often implied in popular and neoclassical economic discourse. In this tutorial you are encouraged to move beyond such over-simplifications and instead ask why the state has become central to the capitalist economy, what governs how the state regulates the economy, and in whose interests this occurs.

 

Required Reading

  • Bob Jessop, State Theory: Putting the Capitalist State in Its Place (Cambridge: Polity Press, 1990), Chapter 7 ‘Accumulation Strategies, State Forms and Hegemonic Projects’, pp. 196-219.

 

Further Reading

  • Antonio Gramsci, Selections from the Prison Notebooks (London: Lawrence and Wishart, 1971), ‘State and Civil Society’, pp. 206-76.
  • Ben Spies-Butcher, Joy Paton and Damien Cahill, Market Society: History, Theory, Practice, Cambridge University Press, 2012, pp. 93-115.
  • James O'Connor, ‘The Expanding Role of the State’, in R. Edwards et.al., The Capitalist System, 2nd edn, 235-242
  • Theda Skocpol, ‘Bringing the State Back In: Strategies of Analysis in Current Research’ in Peter Evans et. al. (eds) Bringing the State Back In. Cambridge University Press, Cambridge, 1985
  • James O’Connor, The Fiscal Crisis of the State, St Martin’s Press, New York, 1973, esp. Introduction
  • Gavan Butler, ‘Fiscal Crisis of the State’, in Phillip O’Hara, Encyclopedia of Political Economy, Routledge, London, 1999.
  • James O’Connor, Accumulation Crisis, Basil Blackwell, New York, 1984, ‘Chapter 7: Economic and Social Reproduction and the Capitalist State’
  • Michal Kalecki, ‘Political Aspects of Full Employment’, The Political Quarterly 14(4), 1943: 322-330.
  • Ralph Miliband, ‘State Power and Class Interests’, New Left Review 138: 57-68, 1983
  • Martijn Konings, ‘Renewing State Theory’, Politics 30(3): 174-182, 2010.
  • Colin Hay, ‘Marxism and the State’, in Andrew Gamble et al (eds), Marxism and Social Science, Macmillan, London, 1999.

 

**Mid-Semester Break Week Beginning 18 April**

 

Tutorial 8 (Week 9): The Social Embeddedness of Race

Week Beginning 25 April

This week is focused on the debates swirling around ‘racial capitalism’, how to understand what is meant by notions of racial capitalism and raced markets and the linkages or social embeddedness to wider issues of social reproduction and the history of violence. It will weave together a focus drawing on classics of postcolonial and decolonial literature, notably by Frantz Fanon. There will then be a twin focus on two principal arguments developed by 1) Cedric Robinson and Gargi Bhattacharyya, on racial capitalism; and 2) Lisa Tilley and Robbie Shilliam, on raced markets. The focus will conclude by turning attention back to Australia and the discrediting of the notion that Aboriginal people were mere “hunter-gatherers” prior to colonisation. Can the denial of the existence of an Aboriginal economy based on permanent housing, aquaculture, agricultural storage and preservation be revealed as racialised and therefore of a piece with the violent history of capitalist dispossession?

 

Required Reading (one of the following)

  • Cedric J. Robinson, Black Marxism: The Making of a Black Radical Tradition (Chapel Hill: University of North Carolina Press, 1983/2000), Introduction, pp. 1-8.
  • Gargi Bhattacharyya, Rethinking Racial Capitalism: Questions of Reproduction and Survival (London: Rowman & Littlefield International, 2018), Introduction and Chapter 1: Beginning, pp. ix-xi and 1-38.

 

Further Reading

  • Aimé Césaire, Discourse on Colonialism [1955] (Monthly Review Press, 2000).
  • Bruce Pascoe, Dark Emu: Aboriginal Australia and the Birth of Agriculture [2014] (Broome, WA: Magabala Books, 2018).
  • Lisa Tilley and Robbie Shilliam, ‘Raced Markets: An Introduction’, New Political Economy, 23:5 (2018): 534-43.
  • Matthew Watson, ‘Crusoe, Friday and the Raced Market Frame of Orthodox Economics’, New Political Economy, 23:5 (2018): 544-59.
  • Robbie Shilliam, Race and the Undeserving Poor: From Abolition to Brexit (Newcastle-upon-Tyne: Agenda Publishing, 2018).
  • Frantz Fanon, Black Skin, White Masks [1952], trans. Charles Lam Markmann (London: Paladin, 1970).
  • Frantz Fanon, The Wretched of the Earth [1961], trans. Constance Farrington, preface Jean-Paul Sartre (London: Penguin, 1990).
  • Glen Sean Coulthard, Red Skins, White Masks: Rejecting the Colonial Politics of Recognition (Minneapolis: University of Minnesota Press, 2014).

 

Tutorial 9 (Week 10): The Social Embeddedness of Ecology

Week Beginning 2 May

This week is focused on what it means to think about nature ‘socially’. In contrast to neoclassical economics, which conceptualises economy and environment as separate spheres, we will consider different ways that capitalism is socially embedded in, and is involved in the production of, ecological configurations. Particular attention will be given to the notion of nature as ‘condition of production’: how and why capital depends on but degrades nature; the role of the state in regulating access to and use of nature; and, contestation over the reproduction of nature, as a condition of life, by social movements.

 

Required Reading (one of the following)

  • James O’Connor, Natural Causes: Essays in Ecological Marxism (New York: The Guildford Press), ‘The Conditions of Production and the Production of Conditions’, pp. 144-157.
  • Neil Smith, ‘Nature as Accumulation Strategy’, in Leo Panitch and Colin Leys (eds) The Socialist Register: Coming to Terms with Nature (London: Merlin Press, 2007), pp. 16-36.

Further reading

  • Altvater E (1993) The future of the market: an essay on the regulation of money and nature after the collapse of ‘actually existing socialism’. London: Verso Books.
  • Benton T (1989) Marxism and natural limits: an ecological critique and reconstruction. New Left Review (178): 51–86.
  • Harvey D (1996) Justice, nature and the geography of difference. Cambridge, MA: Blackwell.
  • Mies M (1986) Patriarchy and Accumulation on a World Scale: Women and the International Division of Labour. London: Zed Books.
  • Moore JW (2015) Capitalism in the Web of Life: Ecology and the Accumulation of Capital. London: Verso.
  • Parenti C (2015) The Environment Making State: Territory, Nature, and Value. Antipode 47(4): 829–848.
  • Salleh A (2009) Ecological debt: Embodied debt. In: Salleh A (ed.) Eco-sufficiency and global justice: Women write political ecology. London: Pluto Press.
  • Salleh A (2017) Ecofeminism as Politics: Nature. Marx and the Postmodern. Second. London: Zed Books.
  • Smith N (2008) Uneven Development: Nature, Capital, and the Production of Space. Third edition. London: Verso.

 

Tutorial 10 (Week 11): The Social Embeddedness of Gender

Week Beginning 9 May

The conditions of primitive accumulation directly ensured not only the persecution of indigenous peoples through colonisation, racism and slavery but also and at times simultaneously the degradation of women through access to women’s bodies, their labour, to gain control over the most basic means of reproduction and place the female body at the service of the accumulation of labour-power. This is one of the central contentions of social reproduction theory from feminists such as Silvia Federici, Maria Mies, Ariel Salleh and Lise Vogel. During the dawn of capitalism with the era of primitive accumulation, then, there was the simultaneous expropriation of land from the peasantry and the subjection of nature to capital, not only in the extirpation and enslavement of indigenous peoples in the Americas, but also in  profound transformations in the reproduction of labour power and the social position of women, including control over and free access to women’s bodies and their sexuality within the confining bonds of marriage and procreation. This lecture engages with feminist social reproduction theory to assert the internal relations between gender, class, race, and sexuality and therefore their social embeddedness within modern capitalism.

 

Required Reading (one of the following)

  • Tithi Bhattacharya, ‘How Not to Skip Class: Social Reproduction of Labor and the Global Working Class’, in Tithi Bhattacharya (ed.) Social Reproduction Theory: Remapping Class, Recentering Opposition (Pluto Press, 2017).
  • Alessandra Mezzadri, ‘A Value Theory of Inclusion: Informal Labour, the Homeworker, and the Social Reproduction of Value’, Antipode, Online first: https://onlinelibrary.wiley.com/doi/10.1111/anti.12701.

 

Further reading

  • Silvia Federici, Caliban and the Witch: Women, the Body and Primitive Accumulation. Brooklyn, NY: Autonomedia, 2004.
  • Ariel Salleh, Ecofeminism as Politics, 2d edition (London: Zed Books, 2017), ‘For and Against Marx’, pp. 108-31.
  • David McNally, ‘Intersections and Dialectics: Critical Reconstructions in Social Reproduction Theory’, in Tithi Bhattacharya (ed.) Social Reproduction Theory: Remapping Class, Recentering Oppression (London: Pluto Press, 2017), pp. 94-111.
  • Maria Mies, Patriarchy and Accumulation on a World Scale: Women in the International Division of Labour (London: Zed Books, 1998), Chapter 5 ‘Violence Against Women and the Ongoing Primitive Accumulation of Capital’, pp. 145-74.
  • David McNally, ‘The Dialectics of Unity and Difference in the Constitution of Wage-Labour: On Internal Relations and Working-Class Formation’, Capital & Class, 39:1 (2015): 131-46.
  • Lise Vogel, Marxism and the Oppression of Women: Toward a Unitary Theory (Chicago: Haymaket Books, 2013).
  • Silvia, Federici, ‘Prostitution and Globalisation: Notes on a Feminist Debate’, in Matt Davies and Magnus Ryner (eds) Poverty and the Production of World Politics: Unprotected Workers in the Global Political Economy (London: Palgrave, 2006): pp. 112-36.
  • Silvia Federici, Revolution at Point Zero: Housework, reproduction and feminist struggle (Oakland: PM Press, 2012).

 

Tutorial 11 (Week 12): The Social Embeddedness of Capital

Week Beginning 16 May

What is the role of space relations and the production of space in relation to the circulation and accumulation of capital? This lecture turns our attention to the social embeddedness of modern capitalism by drawing together insights from Karl Marx on the spatial and geographical dynamics of capital accumulation and their inner contradictions. Specifically, how Marx considers the “annihilation of space by time” in relation to the movements of money, production, and commodity in Capital Volume 2, will be the focus. These insights are weaved together with the pivotal commentary of David Harvey to assess how investments in the means of communication and transportation revolutionise the geographical landscape that capital creates, to reduce spatial barriers, and to ensure space-time compression across the space economy of machines and their factories, transport networks, built environments and physical infrastructures. These spatial structures and dynamics that we commonly take for granted are intrinsic to the laws of motion of capital and therefore the social embeddedness of capitalism.

 

Required Reading (one of the following)

  • David Harvey, A Companion to Marx’s Capital, Volume 2 (London: Verso, 2013), Chapter 8: ‘The Time and Space of Capital’, pp. 267-86.
  • Ruth Wilson Gilmore, ‘Globalisation and U.S. Prison Growth: From Military Keynesianism to Post-Keynesian Militarism’. Race & Class 40:2–3 (1998): 171–87.

 

Further reading

  • David Harvey, ‘The Geography of Capitalist Accumulation: A Reconstruction of the Marxian Theory’, Antipode, 7:2 (1975): 9-21.
  • David Harvey, The Limits to Capital, Updated edition (London: Verso, 2006): ‘Crises in the Space Economy of Capitalism: The Dialectics of Imperialism’, pp. 413-445.
  • Ruth Wilson Gilmore, Golden Gulag: Prisons, Surplus, Crisis and Opposition in Globalizing California. (University of California Press, 2007), Chapter 3: The Prison Fix.
  • Neil Smith, Uneven Development: Nature, Capital and the Production of Space (Athens, GA: University of Georgia Press, 2008), Chapter 2 ‘The Production of Nature’ and Chapter 3 ‘The Production of Space’.
  • Neil Smith, ‘On the Necessity of Uneven Development’, International Journal of Urban and Regional Research, 10:1 (1986): 87-104.

 

Tutorial 12 (Week 13): The Social Embeddedness of Space

Week Beginning 23 May

Under capitalism, how does the state organise space in our everyday lives through the streets we walk, the monuments we visit, and the places where we meet? This question animates this lecture and tackles our understanding of spatial political economy as a social embedded process to analyse the different functions of space within capitalism. It does so by focusing on the work of Henri Lefebvre to reveal the social production of space and the role of capitalism in ordering state spaces. The case study of the Monument to the Revolution in Mexico City is drawn on to highlight how class struggle is inscribed in space.

 

Required Reading (one of the following)

  • Henri Lefebvre, ‘Space and the State’ (1978) in Henri Lefebvre, State, Space, World: Selected Essays (Minneapolis: University of Minnesota Press, 2009): pp. 223-53.
  • Adam David Morton, ‘The Architecture of “Passive Revolution”: Society, State and Space in Modern Mexico’, Journal of Latin American Studies, 50:1 (2018): 117-52.

 

Further reading

  • Henri Lefebvre, ‘Space: Social Product and Use Value’ (1979) in Henri Lefebvre, State, Space, World: Selected Essays (Minneapolis: University of Minnesota Press, 2009): pp. 185-95.
  • Neil Smith, ‘On the Necessity of Uneven Development’, International Journal of Urban and Regional Research, 10:1 (1986): 87-104.
  • Japhy Wilson, ‘Plan Puebla Panama: The Violence of Abstract Space’, in Łukasz Stanek, Christian Schmid and Ákos Moravánsky (eds) Urban Revolution Now: Henri Lefebvre in Social Research and Architecture (London: Ashgate, 2014): pp. 113-32.
  • Neil Brenner, New State Spaces: Urban Governance and the Rescaling of Statehood. Oxford: Oxford University Press, 2004.
  • Frank Stilwell, Understanding Cities & Regions: Spatial Political Economy (Pluto Press, 1992).
  • Franklin Obeng-Odoom, Reconstructing Urban Economics: Towards a Political Economy of the Built Environment (London: Zed Books, 2016).

Learning outcomes are what students know, understand and are able to do on completion of a unit of study. They are aligned with the University's graduate qualities and are assessed as part of the curriculum.

At the completion of this unit, you should be able to:

  • LO1. demonstrate analytical skills in appraising the role of social forces and institutions in the dynamics of capital accumulation
  • LO2. apply broad conceptual structures to contemporary social and political issues
  • LO3. critically evaluate underlying theories, concepts, assumptions, limitations and arguments in disciplinary and cross disciplinary fields of study
  • LO4. appreciate new ways of thinking and the importance of intellectual curiosity and reflection as the foundation for continuous learning
  • LO5. demonstrate research skills in the retrieval of relevant information
  • LO6. demonstrate skills in written and oral communication
  • LO7. negotiate and create shared understandings by respectfully interacting with people from diverse backgrounds

Graduate qualities

The graduate qualities are the qualities and skills that all University of Sydney graduates must demonstrate on successful completion of an award course. As a future Sydney graduate, the set of qualities have been designed to equip you for the contemporary world.

GQ1 Depth of disciplinary expertise

Deep disciplinary expertise is the ability to integrate and rigorously apply knowledge, understanding and skills of a recognised discipline defined by scholarly activity, as well as familiarity with evolving practice of the discipline.

GQ2 Critical thinking and problem solving

Critical thinking and problem solving are the questioning of ideas, evidence and assumptions in order to propose and evaluate hypotheses or alternative arguments before formulating a conclusion or a solution to an identified problem.

GQ3 Oral and written communication

Effective communication, in both oral and written form, is the clear exchange of meaning in a manner that is appropriate to audience and context.

GQ4 Information and digital literacy

Information and digital literacy is the ability to locate, interpret, evaluate, manage, adapt, integrate, create and convey information using appropriate resources, tools and strategies.

GQ5 Inventiveness

Generating novel ideas and solutions.

GQ6 Cultural competence

Cultural Competence is the ability to actively, ethically, respectfully, and successfully engage across and between cultures. In the Australian context, this includes and celebrates Aboriginal and Torres Strait Islander cultures, knowledge systems, and a mature understanding of contemporary issues.

GQ7 Interdisciplinary effectiveness

Interdisciplinary effectiveness is the integration and synthesis of multiple viewpoints and practices, working effectively across disciplinary boundaries.

GQ8 Integrated professional, ethical, and personal identity

An integrated professional, ethical and personal identity is understanding the interaction between one’s personal and professional selves in an ethical context.

GQ9 Influence

Engaging others in a process, idea or vision.

Outcome map

Learning outcomes Graduate qualities
GQ1 GQ2 GQ3 GQ4 GQ5 GQ6 GQ7 GQ8 GQ9

This section outlines changes made to this unit following staff and student reviews.

No changes have been made since this unit was last offered

Disclaimer

The University reserves the right to amend units of study or no longer offer certain units, including where there are low enrolment numbers.

To help you understand common terms that we use at the University, we offer an online glossary.