Social Reproduction and Financial Extractivism
Third Annual Lecture in the Laws of Social Reproduction, 16 September 2022
With the increasing financialization of the reproduction of life, the reproductive relation is shown, more than ever, to be the space of valorization and accumulation par excellence. This is due to the fact that in order for finance to be able to invade and colonize the sphere of social reproduction, first it must systematically dispossess the infrastructure of public services, common resources, and the economies capable of guaranteeing an autonomous reproduction (from peasant economies to self-managed economies, from cooperative elements to popular-communitarian ones). Above all it is a dispute over the temporality of exploitation: finance implicates obedience in the future and, therefore, functions as an 'invisible' and homogenizing 'boss' of the multiple tasks capable of producing value. Many feminist scholars suggest that the relationship between patriarchy and capitalism has shifted to reflect an even greater global reliance on reproductive labor. This raises the question: Why is neoliberalism mutating in this way?
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