Prepared for June 13, 2020. This is a live document, and was last edited 11:13 am on June 10, 2020. See changes:
https://www.youtube.com/watch?v=--gim7W_jQQ
I've been interested in discussing racial capitalism for a few months now, ever since I saw the video of this lecture by Robin Kelley. It's about an hour, with another 20 minutes or so of q+a. The video feels like it's going to be a little long, but Kelley is a charming and engaging lecturer who skillfully and succinctly covers this topic.
I don't think summarizing it will serve the content well. That said, I am including time codes to certain sections that resonated with me. These topics created and synthesized additional questions and theses not covered in this video that feel either controversial (Is socialist theory as limited as capitalist theory?) or worth arguing about at a cheap bar ("Specific Objects" minimalism is not just incorrect, it feels ignorant, biased, and repugnant).
The underlying thesis of Cedric Robinson and this discussion (11:20). Racial dynamics preceded capitalism, directly challenging the Marxist idea that capitalism was a revolutionary break from feudalism.
Racial capitalism is not merely a type of capitalism (16:02). Non-racial capitalism doesn't exist. Racism is fundamental for the production and reproduction of violence. Capital doesn’t begin with money, it comes from seizing control of natural resources and finding cheap labor to turn those into commodities.