Uno Kōzō’s Theory of Crisis provides us with not only a way to think about Marx’s Capital as a theoretical structure, but also the conditions of possibility for a renewal of politics in the face of our current situation. Paradoxically, the theoretical eternality of the laws and norms constituting capitalist society is precisely what allows us to grasp the historicity and finitude of the capitalist mode of production itself. And while the necessity of crisis does not simply lead to the necessity of collapse of the system, it does allow us to think otherwise about the necessity of capitalism itself.
Today, the field of inquiry called “postcolonial studies” appears to be in a crisis of self-legitimation. This crisis concerns not the “success” of postcolonial studies as a disciplinary formation in the production of knowledge, but rather the foundational assumptions and political directions implied by the emergence of this disciplinary formation.
The moment has come to expose capital to the absence of reason, for which capital provides the fullest development: and this moment comes from capital itself, but it is no longer a moment of a “crisis” that can be solved in the course of the process. It is a different kind of moment to which we must give thought.… Read more →