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Theorizing Capitalist Crisis & Middle-Class Politics

Sun, August 9, 2:00 to 3:30pm, TBA

Session Submission Type: Paper Session (90 minute)

Description

The middle class has emerged as a pivotal site for examining capitalist crises during the past decades of global neoliberal restructuring. From the foreclosure crisis in the United States, to austerity in Europe, and sovereign debt traps across the Global South, middle classes once considered stabilizing forces are increasingly destabilized. Yet, even amidst heightened disillusionment, broad segments of the middle class seem to retain emotional attachments and subjective investments in fraying ‘good life’ promises under capitalism (Berlant, 2011) . Scholars have indeed pointed to the ambivalent and contradictory class locations occupied by the middle classes (Wright, 1979). States have clear stakes in promoting middle classes—in the interest of capital, profits, and political stability—even as they simultaneously delegitimize, and, when necessary, suppress, class-based politics (Heiman et al. 2012). In this panel we ask: what forms does middle class politics take within contemporary global capitalist relations? And how are middle-class subjectivities remade in the ruins of financial capitalism? More broadly, how can we theorize class transformation and politics in relation to the dialectics of conflict and stability under capitalism, while remaining attentive to the multiple modes of agency through which people constantly renegotiate shifting class identities in the contemporary crisis-ridden global landscape?

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