Skip to main content

Multiple Histories of Capital


 In his chapter on Marx’s critique on capital, Dipesh Chakrabarti (Provincializing Europe: Postcolonial Thought and Historical Difference, Princeton 2000) tries to deal with the idea that provincialized Europe has a universal and overarching character. Marx criticized capital on two categories: the abstract human and the idea of history. As historicism assumes that capital arose in Europe out of the Enlightenment rationalism and humanism, it constitutes a unity both in time and space. For Chakrabarti, and Marx, the main reason behind this assumption is the need for a homogenous and common unit for measuring human activity. This measurement will of course be designed to reduce diversity and human belongings into one category called ‘labor’. Abstract labor, therefore, is to destroy differences among workers. Abstract labor is abstracted from any empirical history, it is like a ghost. However, paradoxically, capital is in need of a human, concrete, labor in advance in order to sustain this mode of production.

Inspired by Marx’s critique on capital and its defects, Chakrabarti suggests that there are two histories, History 1 (H1) and History 2 (H2) in relation to capital. By H1, he refers to capital’s posited history aiming at producing itself. By H2, on the other hand, he means some other things, or a universe of pasts, that do not contribute to the self-production of capital. H2s are many in number, in contrast to H1. However, H2s are not independent from capital, they simultaneously exists. However, H2s are not alternative histories, meaning they do not constitute a dialectical ‘other’. Rather, H1 and H2s live together in the same habitat. Their mutual existence is in purpose. Although H1 has to destroy the multiple possibilities that belong to H2, through which disciplinary practices that are meant to accomplish this destruction, H2s will never cease completely. They will keep interrupting the run of capital’s own logic.
For Chakrabarti, Marx’s critique on capital and its implication as his own theory of multiple histories make different / alternative ways of life possible without rejecting or ignoring the other. Globalization of capital (H1) is of course important for enabling him to thing thoroughly on the issues such as rationalism and humanism. However, inserting a single, linear history, assumed by historicists, would not only block ways to understand different but simultaneously available life styles. But it also prevents us from discovering how H1 maintains itself and how affective narratives of human belongings can survive. Calling help of Heidegger, Chakrabarti asserts that one history does not epistemological primacy over other. Both is necessary for explaining history without being trapped by the theories depending on ‘the idea of history as a waiting room’.
However interesting, Chakrabarti’s theory falls short to explain why H1 needs to allow H2 to survive. A universal and overwhelming capital may also maintain itself, may be more powerful than a shared life.
Second, Marx’s and Heidegger’s positions are not known in his theory. If a Heideggerian reading of Marx’s critique could open space for H2s along with H1, does not that mean H2s are also products allowed to survive within the logic of capital? H2s, in this depiction, still do not have their own logic. If Chakrabarti thinks, it does not matter whether H2s have their own logic or not, then their being different has no point.  Moreover, I can see no point to their being divergent if H1 is meant to reduce H2s’ power to produce different and really alternative capitals.

Popular posts from this blog

Camus's Absurd End

"Camus was only 46 when he died in an automobile accident. Ironically, he had once said that he could not imagine a death more meaningless than dying in a car accident." From Understanding Philosophy, Joan A. Price

The Civilization of Clash - A Critique

Samuel Huntington, the writer of ‘The Clash of Civilizations’ article, imagines a disagreement between major cultures of the world. He suggests, for the future, a certain separation between civilizations that cannot be avoided. Through the centuries, a fault line between civilizations was created by the different views of God and man, the individual and the group, and so on. This line is also gradually growing because of the unbearable Western military, economic and cultural superiority to others. The line will not soon disappear because it is more fundamental than the separation created by political approaches.

Great Britain's Great Decision

Great Britain banned slavery in 1833 because laborers when motivated by salary were working harder than slaves who were motivated by punishment. It wasn't a coincidence that Britain's Industrial Revolution has started right after that time. Slavery wasn't profitable any more. In the same period, slaves living under Ottoman rule had rights as this: No owner can free a disabled slave as compensation for his (owner's) legal faults. The protection and survival of such a disabled slave was ensured that way.