The Long Twentieth Century & The Cultural Turn: World-Historical Origins of the Cultural Economy
AbstractIn this essay I link Giovanni Arrighi's world-historical framework in The Long Twentieth Centuryto debates about the "cultural turn" in global capitalism since the 1970s. I do so primarilythrough interrogation of the writings of one of the major figures in such debates: FredricJameson. In his Jameson's engagementwithArrighi's, he emphasizes the determinative influenceof finance capital on an expansion in the degree of cultural abstraction and fragmentation that isemblematic of the post-modern condition. Building on this linkage, I extend and elaborateArrighi's analysis of historical capitalism's cycles of accumulation, in which periods of materialexpansion give way to phases of financial expansion and accelerated restructuring of theorganizational and institutional foundations of the world-economy. I conclude that Jameson'sassertion of a link between the financialization of the world economy and post-modern culturalforms is best understand as a correlative rather than a causal relationship, for the growingsalience of finance capital and the new forms and degree of cultural abstraction are themselvesboth dimensions of the more fundamental socio-economic restructuring attending a period offinancial expansion.
How to Cite
Brewer, B. D. (2011). The Long Twentieth Century & The Cultural Turn: World-Historical Origins of the Cultural Economy. Journal of World-Systems Research, 17(1), 39–57. https://doi.org/10.5195/jwsr.2011.425
The World-Historical Imagination: Giovanni Arrighi's The Long Twentieth Century in Prospect and Retrospect
Authors who publish with this journal agree to the following terms:
- The Author retains copyright in the Work, where the term “Work” shall include all digital objects that may result in subsequent electronic publication or distribution.
- Upon acceptance of the Work, the author shall grant to the Publisher the right of first publication of the Work.
- The Author shall grant to the Publisher and its agents the nonexclusive perpetual right and license to publish, archive, and make accessible the Work in whole or in part in all forms of media now or hereafter known under a Creative Commons Attribution 4.0 International License or its equivalent, which, for the avoidance of doubt, allows others to copy, distribute, and transmit the Work under the following conditions:
- Attribution—other users must attribute the Work in the manner specified by the author as indicated on the journal Web site;
- The Author is able to enter into separate, additional contractual arrangements for the nonexclusive distribution of the journal's published version of the Work (e.g., post it to an institutional repository or publish it in a book), as long as there is provided in the document an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post online a prepublication manuscript (but not the Publisher’s final formatted PDF version of the Work) in institutional repositories or on their Websites prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work. Any such posting made before acceptance and publication of the Work shall be updated upon publication to include a reference to the Publisher-assigned DOI (Digital Object Identifier) and a link to the online abstract for the final published Work in the Journal.
- Upon Publisher’s request, the Author agrees to furnish promptly to Publisher, at the Author’s own expense, written evidence of the permissions, licenses, and consents for use of third-party material included within the Work, except as determined by Publisher to be covered by the principles of Fair Use.
- The Author represents and warrants that:
- the Work is the Author’s original work;
- the Author has not transferred, and will not transfer, exclusive rights in the Work to any third party;
- the Work is not pending review or under consideration by another publisher;
- the Work has not previously been published;
- the Work contains no misrepresentation or infringement of the Work or property of other authors or third parties; and
- the Work contains no libel, invasion of privacy, or other unlawful matter.
- The Author agrees to indemnify and hold Publisher harmless from Author’s breach of the representations and warranties contained in Paragraph 6 above, as well as any claim or proceeding relating to Publisher’s use and publication of any content contained in the Work, including third-party content.
Revised 7/16/2018. Revision Description: Removed outdated link.