Cannibal Capitalism

Cannibal Capitalism, a compelling and insightful work by renowned Marxist feminist theorist Nancy Fraser, delves deeply into the voracious nature of modern capital. This incisive volume explores how capitalism is systematically consuming every sphere of life in its relentless quest for profit. Fraser meticulously uncovers how this economic system extracts wealth from natural resources and marginalised populations, eroding our ability to care for one another and undermining the very foundations of democratic politics.

In this tightly argued and urgent book, Fraser tracks the trajectory of capital from one crisis to another. She explores the ecological devastation wrought by unchecked industrial growth, the erosion of democratic structures under the weight of corporate influence, and the racial violence perpetuated by economic inequality. Reflecting on these intersecting crises, Fraser highlights the insidious devaluation of care work, often performed by women and undervalued in our society.

The COVID-19 pandemic serves as a stark illustration of Fraser's arguments, exemplifying the compounded crises of capitalism and revealing the vulnerabilities inherent in our economic and social structures. Through her analysis, Fraser envisions the possibilities for resistance and the emergence of a comprehensive socialist movement capable of confronting and dismantling the predatory nature of capital.

Fraser calls for a wide-ranging socialist movement that recognises the ravenous nature of capitalism and strives to 'starve it to death.' She emphasises the need for a collective and transformative approach to challenge the existing economic paradigms and foster a more equitable and sustainable future.

Cannibal Capitalism is a crucial read for those interested in understanding the intricate dynamics of modern capitalism and for activists seeking a deeper theoretical foundation for their resistance strategies. Through her rigorous analysis, Fraser provides not only a critique of the current system but also a vision for a radically different and more just world.