History

Capital Hates Everyone

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Why we must reject the illusory consolations of technology and choose revolution over fascism.

We are living in apocalyptic times. In Capital Hates Everyone, famed sociologist Maurice Lazzarato points to a stark choice emerging from the magma of today's world events: fascism or revolution. Fascism now drives the course of democracies as they grow less and less liberal and increasingly subject to the law of capital. Since the 1970s, Lazzarato writes, capital has entered a logic of war. It has become, by the power conferred on it by financialization, a political force intent on destruction. Lazzarato urges us to reject the illusory consolations of a technology-abetted "new" kind of capitalism and choose revolution over fascism.

Author
Maurizio Lazzarato is a sociologist and philosopher in Paris. He is the author of The Making of the Indebted Man, Governing by Debt, and Signs and Machines: Capitalism and the Production of Subjectivity, all published by Semiotext.

Black Los Angeles: American Dreams and Racial Realities

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Descrption
Los Angeles is well-known as a temperate paradise with expansive beaches and mountain vistas, a booming luxury housing market, and the home of glamorous Hollywood. During the first half of the twentieth century, Los Angeles was also seen as a mecca for both African Americans and a steady stream of migrants from around the country and the world, transforming Los Angeles into one of the world’s most diverse cities. The city has become a multicultural maze in which many now fear that the political clout of the region’s large black population has been lost. Nonetheless, the dream of a better life lives on for black Angelenos today, despite the harsh social and economic conditions many confront.

Black Los Angeles is the culmination of a groundbreaking research project from the Ralph J. Bunche Center for African American Studies at UCLA that presents an in-depth analysis of the historical and contemporary contours of black life in Los Angeles. Based on innovative research, the original essays are multi-disciplinary in approach and comprehensive in scope, connecting the dots between the city’s racial past, present, and future. Through historical and contemporary anecdotes, oral histories, maps, photographs, illustrations, and demographic data, we see that Black Los Angeles is and has always been a space of profound contradictions. Just as Los Angeles has come to symbolize the complexities of the early twenty-first-century city, so too has Black Los Angeles come to embody the complex realities of race in so-called “colorblind” times.

Contributors: Melina Abdullah, Alex Alonso, Dionne Bennett, Joshua Bloom, Edna Bonacich, Scot Brown, Reginald Chapple, Lola Smallwood Cuevas, Andrew Deener, Regina Freer, Jooyoung Lee, Mignon R. Moore, Lanita Morris, Neva Pemberton, Steven C. Pitts, Carrie Petrucci, Gwendelyn Rivera, Paul Robinson, M. Belinda Tucker, Paul Von Blum, Mary Weaver, Sonya Winton, and Nancy Wang Yuen.

Author
Darnell Hunt
is Director of the Ralph J. Bunche Center for African American Studies and Professor of Sociology at UCLA. He is the editor or author of numerous books, including Channeling Blackness: Studies on Television and Race in America and Screening the Los Angeles “Riots:“ Race, Seeing, and Resistance.

Ana-Christina Ramón is Assistant Director of the Ralph J. Bunche Center for African American Studies at UCLA and a social psychologist.

Debt, Tenth Anniversary Edition

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Description
Before there was money, there was debt.
Every economics textbook says the same thing: Money was invented to replace onerous and complicated barter systems—to relieve ancient people from having to haul their goods to market. The problem with this version of history? There’s not a shred of evidence to support it.

Here anthropologist David Graeber presents a stunning reversal of conventional wisdom. He shows that for more than 5,000 years, since the beginnings of the first agrarian empires, humans have used elaborate credit systems to buy and sell goods—that is, long before the invention of coins or cash. It is in this era, Graeber argues, that we also first encounter a society divided into debtors and creditors.

Graeber shows that arguments about debt and debt forgiveness have been at the center of political debates from Italy to China, as well as sparking innumerable insurrections. He also brilliantly demonstrates that the language of the ancient works of law and religion (words like “guilt,” “sin,” and “redemption”) derive in large part from ancient debates about debt, and shape even our most basic ideas of right and wrong. We are still fighting these battles today without knowing it.

Debt: The First 5,000 Years is a fascinating chronicle of this little known history—as well as how it has defined human history. It shows how debt has defined our human past, and what that means for our economic future.

Authors
DAVID GRAEBER (1961--2020) was an American professor of anthropology at the London School of Economics, who also taught at Goldsmiths College and Yale University. One of the original organizers of Occupy Wall Street, Graeber was also the author of The Utopia of Rules and numerous other books, as well as writing for magazines and newspapers including The Guardian, Harper’s, The Baffler, n+1, The Nation, The New Inquiry and The New Left Review.

THOMAS PIKETTY is professor of economics at the School for Advanced Studies in the Social Sciences, associate chair at the Paris School of Economics, and Centennial Professor of Economics in the International Inequalities Institute at the London School of Economics. His book, Capital in the Twenty-First Century, reached number one on the New York Timesbestseller list.