Jacob Soll, in conversation with Pierre Force, John Shovlin, Carl Wennerlind, and Emmanuelle Saada
After two government bailouts of the U.S. economy in less than twenty years, free market ideology is due for serious reappraisal. In Free Market: the History of an Idea, Jacob Soll details how we got to this current crisis, and how we can find our way out by looking to earlier iterations of free market thought. Contrary to popular narratives, early market theorists believed that states had an important role in building and maintaining free markets. But in the eighteenth century, thinkers insisted on free markets without state intervention, leading to a tradition of ideological brittleness. That tradition only calcified in the centuries that followed. Tracing the intellectual evolution of the free market from Cicero to Milton Friedman, Soll argues that we need to go back to the origins of free market ideology in order to truly understand it—and to develop new economic concepts to face today’s challenges.
Jacob Soll is professor of history and accounting at the University of Southern California. He has been awarded numerous prestigious prizes including two NEH Fellowships, the Jacques Barzun Prize, a Guggenheim Fellowship, and, in 2011, the MacArthur Fellowship. He also advises political and financial leaders across the globe to promote accounting standards and financial transparency.
Joining Jacob Soll to discuss his book will be: Pierre Force, Professor of French and History at Columbia; John Shovlin, Professor of History at NYU; and Carl Wennerlind, Professor of History at Barnard College. Emmanuelle Saada, Professor of History and French at Columbia, will moderate the discussion.
This event is co-sponsored by the Maison Française and the Department of History.
Deutsches Haus at NYU presents a reading of Karl Marx’s Capital: Critique of Political Economy, Volume 1 (Princeton University Press, 2024) and a conversation with the book’s editor Paul North (Yale University) and translator Paul Reitter (Ohio State University), which will be moderated by Emily Apter (NYU). The first new English translation in fifty years – and the only one based on the last German edition revised by Marx himself – produces a critical edition of Capital for our time, one that faithfully preserves the vitality and directness of Marx’s German prose and renders his ideas newly relevant to modern readers.
Please RSVP for in-person attendance here.
About the book:
Karl Marx (1818–1883) was living in exile in England when he embarked on an ambitious, multivolume critique of the capitalist system of production. Though only the first volume saw publication in Marx’s lifetime, it would become one of the most consequential books in history. This magnificent new edition of Capital is a translation of Marx for the twenty-first century. It is the first translation into English to be based on the last German edition revised by Marx himself, the only version that can be called authoritative, and it features extensive commentary and annotations by Paul North and Paul Reitter that draw on the latest scholarship and provide invaluable perspective on the book and its complicated legacy. At once precise and boldly readable, this translation captures the momentous scale and sweep of Marx’s thought while recovering the elegance and humor of the original source.
For Marx, our global economic system is relentlessly driven by “value”—to produce it, capture it, trade it, and, most of all, to increase it. Lifespans are shortened under the demand for ever-greater value. Days are lengthened, work is intensified, and the division of labor deepens until it leaves two classes, owners and workers, in constant struggle for life and livelihood. In Capital, Marx reveals how value came to tyrannize our world, and how the history of capital is a chronicle of bloodshed, colonization, and enslavement.
About the participants:
Emily Apter (moderator) is Silver Professor of French and Comparative Literature at New York University. Her books include: Unexceptional Politics: On Obstruction, Impasse and the Impolitic (Verso, 2018); Against World Literature: On the Politics of Untranslatability (2013); Dictionary of Untranslatables: A Philosophical Lexicon (co-edited with Barbara Cassin, Jacques Lezra and Michael Wood) (2014); and The Translation Zone: A New Comparative Literature (2006). The current project What is Just Translation? takes up questions of racial justice, reparative translation, and the limits of translation as a medial form.
Paul North writes and teaches in the tradition of critical theory, emphasizing Jewish thought, emancipatory strains in the history of philosophy, and European literatures. He has written books on the concept of distraction, on Franz Kafka, and on likeness in culture and thought. Currently he is co-editing an edition Marx’s Capital volume 1 with a new translation, which will appear from Princeton University Press in 2024 and writing a monograph entitled “The Standpoint of Marx’s Capital.” He co-edits the book series IDIOM: thinkingwritingtheory at Fordham University Press and co-directs the international exchange, Critical Theory in the Global South, in collaboration with faculty at the Universidad Metropolitana de Sciencias de la Educación in Santiago, Chile.
Paul Reitter earned his PhD at UC Berkeley and teaches in the German department at Ohio State University. He’s written many books, including a widely discussed history of crisis thinking in the academic humanities. His essays have appeared in Harper’s, The Nation, The New York Review of Books, The New Yorker, and The Chronicle of Higher Education, among other venues. His most recent translation, The Autobiography of Solomon Maimon, was shortlisted for a National Jewish Book Award.
Attendance information:
While NYU has ended COVID-19 related restrictions and policies, we continue to remind and recommend to members of the NYU community that they stay up-to-date on their boosters and stay home if they feel sick. Masks are always welcome.
Please RSVP for in-person attendance here.
“Karl Marx’s ‘Capital:’ An Evening with Paul North, Paul Reitter, and Emily Apter” is funded by the DAAD from funds of the German Federal Foreign Office (AA).