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Jacobin Radio

Confronting Capitalism: The Origins of Capitalism

Jacobin Radio

Jacobin

Socialism, History, News, Left, Jacobin, Alternative, Socialist, Politics

4.71.5K Ratings

🗓️ 24 September 2025

⏱️ 54 minutes

🧾️ Download transcript

Summary

It’s well understood that capitalist economies are a recent development in human history. But there is persistent disagreement on the Left over exactly how and where the transition to capitalism occurred, as well as what role colonial plunder played in enriching the West.

On this episode of Confronting Capitalism, Vivek Chibber explains the origins of capitalism, what primitive accumulation means, and how colonialism actually affected European development.

The latest issue of Catalyst is out and you can subscribe for just $20 using the code, CONFRONTINGCAPITALISM: https://catalyst-journal.com/subscribe/?code=CONFRONTINGCAPITALISM

Have a question for us? Write to us by email: [email protected]

Confronting Capitalism with Vivek Chibber is produced by Catalyst: A Journal of Theory and Strategy, and published by Jacobin. Music by Zonkey.

Transcript

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0:00.0

Welcome to confronting capitalism.

0:18.9

I'm Melissa Nashek, and I'm here, as always, with Vecbber, a professor of sociology at NYU

0:24.8

and the editor of Catalyst, a journal of theory and strategy.

0:28.7

Just a quick reminder before we get into our discussion, if you have any questions for Vecke

0:33.5

or suggestions for future topics on the show, you can email us at confronting.capitalism

0:40.1

at jacobin.com.

0:42.3

We've already gotten a lot of great questions and suggestions, so we're really excited to keep hearing

0:48.1

from our listeners.

0:49.2

It's been terrific, exactly what we were hoping for.

0:52.3

And we are going to come up with some way of acknowledging the

0:56.0

emails we get and responding to them. So I encourage people to keep sending them. So this past weekend,

1:02.3

we were at the 15th anniversary conference for Jacobin Magazine, where Vivek gave a really awesome speech, just kind of summarizing

1:13.0

how we got to the present day circumstance of the left, you know, how to understand the

1:19.5

left's current position in politics and sort of where to go from there. And you made a really

1:26.3

strong case that the left needs to approach politics with a class primacy framework,

1:32.2

as opposed to the sort of intersectionality framework that has been dominant on the left for a really long time.

1:38.2

And that was received very well, pretty much unthinkable 10 years ago.

1:43.5

Yeah, you know, the real core of the talk that I gave was that we're in a situation now

1:48.5

we're not trying to revive the left, but essentially we're trying to create a left where

1:52.6

one doesn't exist anymore because the last 40 years of neoliberalism has seen such a complete

1:59.1

flatlining of trade union movements and general

2:03.4

social movements that there's been a profound depoliticization, even of people who call themselves

...

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