Gavin Smith
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Rethinking social reproduction in an era of the dominance of finance capital
in Western capitalism in transition
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With the rise of neoliberal regimes in both the global North and South, the social dimension of capitalist reproduction has come under severe attack. This chapter explores some of the difficulties that result from making 'social reproduction' too qualitatively distinct from other elements of production and reproduction. It also explores Enzo Mingione's key work in Fragmented Societies, showing that the understanding of social reproduction is a great deal more complex than Nancy Fraser's, especially as we move beyond capitalism's core. The chapter addresses the problematic issue of the articulated scales of socio-economic reproduction. It argues that the dominance of finance does not mean the disappearance of other forms of capital, but rather modifications in the way in which they seek to garner surplus value.

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Western capitalism in transition

Global processes, local challenges


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