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The 'Art' of Colonisation: Capitalising Sovereign Power and the Ongoing Nature of Primitive Accumulation

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  • Di Muzio, Tim

Abstract

FROM THE ARTICLE: . . . what many critics of the war on terror or US imperialism have so far failed to appreciate is how this project would be impossible without the capitalisation of the state. In this article, I therefore want to suggest that Marx’s re-theorisation of the concept of primitive accumulation, combined with a non-Marxist theorisation of state power offered by Jonathan Nitzan and Shimshon Bichler, can help us account for the intimate connection between ongoing primitive accumulation and the capitalisation of the US government. . . . I try to show that we can accept their novel theory of capital as a capitalised and commodified form of power, but argue that the concept of primitive accumulation still has considerable analytical value for theorising the extension and depth of capitalist social property relations within and across political jurisdictions.

Suggested Citation

  • Di Muzio, Tim, 2007. "The 'Art' of Colonisation: Capitalising Sovereign Power and the Ongoing Nature of Primitive Accumulation," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 12(4), pages 517-539.
    • Handle: RePEc:zbw:espost:157780
    DOI: 10.1080/13563460701661553
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    Cited by:

    1. Hager, Sandy Brian, 2015. "Corporate Ownership of the Public Debt: Mapping the New Aristocracy of Finance," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 13(3), pages 505-523.
    2. Hager, Sandy Brian, 2015. "Public Debt as Corporate Power: Mapping the New Aristocracy of Finance," Working Papers on Capital as Power 2015/01, Capital As Power - Toward a New Cosmology of Capitalism.
    3. Smith, Ron J., 2015. "Healthcare under siege: Geopolitics of medical service provision in the Gaza Strip," Social Science & Medicine, Elsevier, vol. 146(C), pages 332-340.
    4. Hager, Sandy Brian, 2016. "A Global Bond: Explaining the Safe-Haven Status of US Treasury Securities," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, pages 1-24.
    5. Hager, Sandy Brian, 2014. "What Happened to the Bondholding Class? Public Debt, Power and the Top One Per Cent (Preprint)," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 19(2), pages 155-182.
    6. Baines, Joseph & Hager, Sandy Brian, 2019. "Financial Crisis, Inequality, and Capitalist Diversity: A Critique of the Capital as Power Model of the Stock Market," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, issue Online Fi.
    7. Japhy Wilson, 2016. "The Village that Turned to Gold: A Parable of Philanthrocapitalism," Development and Change, International Institute of Social Studies, vol. 47(1), pages 3-28, January.
    8. Katharina Najork & Jonathan Friedrich & Markus Keck, 2022. "Bt cotton, pink bollworm, and the political economy of sociobiological obsolescence: insights from Telangana, India," Agriculture and Human Values, Springer;The Agriculture, Food, & Human Values Society (AFHVS), vol. 39(3), pages 1007-1026, September.

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