Sublime Perversion of Capital

Gavin Walker is Assistant Professor of History and East Asian Studies at McGill University.

"Walker’s book does much to clarify the relevance of Uno’s work for both historical research and studies of the present moment; it occupies a central place in the on-going 'Uno Renaissance.'" - Katsuhiko Endo (Journal of Social History) "Walker’s work offers something of value to both economic historians as well as Japanologists: an opportunity to catch a glimpse of the contributions of Japanese intellectuals as you focus on the tensions of Marxism and capitalism for the former and a review (if not (re)discovery) of the essentials of Marxism and capitalist theory while in pursuit of the history of contemporary Japanese social sciences for the latter." - Anthony Rausch (New Books Asia) “Original and erudite. . . . Gavin Walker develops a wide-ranging and densely argued Marxist theoretical account of capital and its (il)logics. The heart of his inquiry is what he calls capital’s “sublime perversion”: its ability to overcome, without resolving, its own contradictions, its 'constant and relentless transformation of limits into thresholds.' Walker’s theorization of this perversion interweaves a set of concepts and approaches derived from Marx and from Walker’s extensive reading (in, by my count, seven languages) of twentieth- and early twenty-first-century thinkers.”  - Derek Hall (Pacific Affairs) "Gavin Walker’s book on the Japanese capitalism debate of the 1920s and 1930s, The Sublime Perversion of Capital, brings this important set of arguments on Marxist theory and history out of the domain of Japanese studies, where it is often cited but scarcely appreciated, and into dialogue with contemporary historiography and political theory. . . . The Sublime Perversion of Capital is an important and singular contribution to scholarship on Marxism and capitalism. It restores the sophistication of interwar Japanese debates on the country’s development and the development of capitalism on a global scale. Walker shows the significance of these debates for Marxism at a time when the Comintern’s dicta were challenged by the heterogeneity of the global political economy. His book thus reinstates the historicity of debates on the nature of capitalism and its historical manifestation, then and now.”  - Christopher L. Hill (American Historical Review) "A truly interdisciplinary work that understands Japanese Marxism as part of a larger global moment. . . .Through Japanese Marxist writings, [Walker] shows how capital needs the state to commodify labor power, leading to a global system of borders and policing. In this light one might compare the book to recent Althusserian readings of Marx that theorize capitalism as comprising class structures related to the market, state, and world system. Walker also gestures in the direction of combined and uneven development and attempts to posit an alternative to the theoretical impasse between universal- ism and particularism by grounding both in a theory of capitalism. The Sublime Perversion of Capital remains essential reading for scholars interested in area studies, Japanese intellectual history, and Marxist theory and helps us rethink the role that capitalism and the nation-state play in shaping the world in which we live.” - Viren Murthy (Monumenta Nipponica) "The Sublime Perversion of Capital makes an important intervention in both Japanese intellectual history and Marxist theory." - Viren Murthy (Journal of Asian Studies)

• Acknowledgments  ixNote on Translations  xiiiThree Orientations  xv1. The Sublime Perversion of Capital   12. The Feudal Remnant and the Historical Outside  283. Primitive Accumulation, or the Logic of Origin  754. Labor Power: Capital's Threshold  1085. The Continent of History and the Theoretical Inside  1526. "The Ready-Made World of Capital"  182Notes  195Bibliography  225Index  243