
Salvage Accumulation, or the Structural Effects of Capitalist…

In other words, there seems to have been a profound contradiction between the political imperative of establishing capitalism as the only possible way to manage anything, and capitalism’s own unacknowledged need to limit its future horizons, lest speculation, predictably, go haywire. Once it did, and the whole machine imploded, we were left in the
... See moreDavid Graeber • Debt: The First 5,000 Years,Updated and Expanded
Tsing is cautious about prematurely calling the politics of these activities postcapitalist. She sees this network of political economy producing itself on the periphery of capitalism and so prefers the term pericapitalist. She describes the spaces of “salvage accumulation” as “unlikely platforms for a safe defense and recuperation” from capitalism
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