The relationship between race and capitalism is one of the most enduring and controversial historical debates. The concept of racial capitalism offers a way out of this impasse. Racial capitalism is not simply a permutation, phase, or stage in the larger history of capitalism—since the beginning of the Atlantic slave trade and the colonization of the Americas, capitalism, in both material and ideological senses, has been racial, deriving social and economic value from racial classification and stratification. Although Cedric J. Robinson popularized the term, racial capitalism has remained undertheorized for nearly four decades. Histories of Racial Capitalism brings together for the first time distinguished and rising scholars to consider the utility of the concept across historical settings. These scholars offer dynamic accounts of the relationship between social relations of exploitation and the racial terms through which they were organized, justified, and contested. Deploying an eclectic array of methods, their works range from indigenous mortgage foreclosures to the legacies of Atlantic-world maroons, from imperial expansion in the continental United States and beyond to the racial politics of municipal debt in the New South, from the ethical complexities of Latinx banking to the postcolonial dilemmas of extraction in the Caribbean. Throughout, the contributors consider and challenge how some claims about the history and nature of capitalism are universalized while others remain marginalized. By theorizing and testing the concept of racial capitalism in different historical circumstances, this book shows its analytical and political power for today’s scholars and activists.

How has capitalism created or enhanced racism? In what ways do the violent histories of slavery and empire continue to influence the allocation of global resources? Rethinking Racial Capitalism: Questions of Reproduction and Survival proposes a return to analyses of racial capitalism – the capitalism that is inextricably linked with histories of racist expropriation – and argues that it is only by tracking the interconnections between changing modes of capitalism and racism that we can hope to address the most urgent challenges of social injustice. It considers the continuing impact of global histories of racist expropriation on more recent articulations of capitalism, with a particular focus on the practices of racial capitalism, the continuing impact of uneven development, territory and border-marking, the place of reproductive labour in sustaining racial capitalism, the marketing of diversity as a consumer pleasure and the creation of supposedly 'surplus' populations.

"How Capitalism Underdeveloped Black America is one of those paradigm-shifting, life-changing texts that has not lost its currency or relevance—even after three decades. Its provocative treatise on the ravages of late capitalism, state violence, incarceration, and patriarchy on the life chances and struggles of black working-class men and women shaped an entire generation, directing our energies to the terrain of the prison-industrial complex, anti-racist work, labor organizing, alternatives to racial capitalism, and challenging patriarchy—personally and politically."—Robin D. G. Kelley "In this new edition of his classic text . . . Marable can challenge a new generation to find solutions to the problems that constrain the present but not our potential to seek and define a better future."—Henry Louis Gates, Jr. "[A] prescient analysis."—Michael Eric Dyson How Capitalism Underdeveloped Black America is a classic study of the intersection of racism and class in the United States. It has become a standard text for courses in American politics and history, and has been central to the education of thousands of political activists since the 1980s. This edition is prsented with a new foreword by Leith Mullings.

Why and how has race become a central aspect of politics during this century? This book addresses this pressing question by comparing South African apartheid and resistance to it, the United States Jim Crow law and protests against it, and the myth of racial democracy in Brazil. Anthony Marx argues that these divergent experiences had roots in the history of slavery, colonialism, miscegenation and culture, but were fundamentally shaped by impediments and efforts to build national unity. In South Africa and the United States, ethnic or regional conflicts among whites were resolved by unifying whites and excluding blacks, while Brazil's longer established national unity required no such legal racial crutch. Race was thus central to projects of nation-building, and nationalism shaped uses of race. Professor Marx extends this argument to explain popular protest and the current salience of issues of race.