Finance:Necrocapitalism
Necrocapitalism is a socioeconomical concept introduced in the mid-2000s and formalized by Subhabrata Bobby Banerjee from City, University of London, in a 2008 publication of the same name. It is defined as a contemporary forms of organizational accumulation that involve dispossession and the subjugation of life to the power of death.[1]
Definition
A form of capitalism where a country’s trade and industry are founded on, linked to and dependent directly or indirectly on death and the profits accruing from it.[2]
In her article Unveiling the Necrocapitalist Dimensions of the Shadow Carceral State: On Pay-to-Stay to Recoup the Cost of Incarceration, Brittany Friedman, demonstrates how necrocapitalism is an increasing vector of civil and administrative pipelines to incarceration, civil financial alternatives to criminal sanctions, and innovations to generate criminal justice revenue.[3]
In his review about Monsanto: a photographic investigation by photographer[4] by Mathieu Asselin, Dr. Thom Davies describes Monsanto's behavior, that caused ecological, social, and health problems for countless people across the world, as necrocapitalism[5]
Academic Case Study
- Orr, W., Henne, K., Lee, A., Harb, J.I. and Alphonso, F.C. (2023), Necrocapitalism in the Gig Economy: The Case of Platform Food Couriers in Australia. Antipode, 55: 200-221.
See also
References
- ↑ Banerjee, Subhabrata (December 2008). "Necrocapitalism" (in en). Organization Studies 29 (12): 1541–1563. doi:10.1177/0170840607096386. ISSN 0170-8406. https://openaccess.city.ac.uk/id/eprint/6088/.
- ↑ Diversified, AuthorMedia (2017-11-07). "The end of necro-capitalism (but not necessarily capitalism)" (in en). https://mediadiversified.org/2017/11/07/the-end-of-necro-capitalism-but-not-necessarily-capitalism/.
- ↑ Friedman, Brittany (February 2021). "Unveiling the Necrocapitalist Dimensions of the Shadow Carceral State: On Pay-to-Stay to Recoup the Cost of Incarceration" (in en). Journal of Contemporary Criminal Justice 37 (1): 66–87. doi:10.1177/1043986220965040. ISSN 1043-9862. PMID 33883855.
- ↑ "MATHIEU ASSELIN"MONSANTO: A PHOTOGRAPHIC INVESTIGATION" - FFFrankfurt". https://www.fffrankfurt.com/aktuell/prd.46.mathieu-asselin-monsanto-a-photographic-investigation--div/. Retrieved 2018-10-21.
- ↑ "Exposing a Chemical Company" (in en). 2018-05-31. https://toxicnews.org/2018/05/31/exposing-a-chemical-company/.
External links
- From neoliberalism to necrocapitalism in 20 years – Aljazeera. 15 Jul 2020
- Dead Labor: Toward a Political Economy of Premature Death – James Tyner, University of Minnesota Press, 2019
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