ABSTRACT

This book explores the renewal of forms of capital accumulation and the institutions that shape it. It focuses on three main sources of accumulation: the extraction of profit through labor and the commodification of nature, financial speculation and the ways in which profit is converted into wealth. It thus offers a new understanding of the economic and political logics of capital accumulation within capitalism in the 21st century. It shows the recomposition of the sources of profit, from the traditional mechanisms of labor exploitation to the contemporary logics of speculation and dispossession. Bringing together the work of scholars who study the social fabric of capitalist accumulation, Accumulating Capital Today goes beyond disciplinary frontiers to describe how capital is accumulating in a world threatened by social and environmental collapse. This book heralds the emergence of "accumulation studies" and will be of interest to researchers in sociology, anthropology, politics, political economy, geography and economics.

chapter |10 pages

Introduction

part 1|63 pages

Accumulating through the Exploitation of Labour and Nature

chapter 1|20 pages

The dynamics of capital accumulation in managerial capitalism

The United States since World War II

chapter 2|14 pages

Dispossessive wage labour

Understanding accumulation and its crisis in contemporary Cameroon large-scale plantations

chapter 3|14 pages

Between green growth and de-growth

Locating the roots of climate change in capitalist accumulation 1

part 2|57 pages

Accumulating through Financial Investment

chapter 5|12 pages

Constructing a favourable environment for financial accumulation

The case of the City of London Corporation

chapter 6|15 pages

Collective effort, private accumulation

Constructing the Luxembourg investment fund, 1956–2019

chapter 7|14 pages

Financial accumulation and exploitation

The case of leveraged buy-outs

part 3|45 pages

Accumulating through Digital Technologies

chapter 9|14 pages

Struggling to reform data capitalism

Blockchain and the pipe dream of paying up

chapter 10|14 pages

Predation in the age of algorithms

The role of intangible assets

chapter 11|15 pages

Ghost management as a central feature of accumulation in corporate capitalism

The case of the global pharmaceutical sector

part 4|56 pages

Accumulating through the Transformation of Profit into Personal Wealth

chapter 13|12 pages

Wealth managers, guardians of enrichment

The case of wealth managers in France 1

chapter 14|16 pages

Accumulation and tax professionals

The case of tax consultants in Germany