In March 2003, millions took to the streets worldwide to protest the impending invasion of Iraq. Despite their numbers, the efforts proved in vain. The war went on; the protests dwindled. But however attenuated, there are still protests. In Minneapolis/St. Paul this August, some 10,000 marched against the Republican National Convention. But as organized rallies gave way to irrational violence, the inadequacy of five years of failed Anti-War activism and Left opposition came into sharp relief.

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In its May 2008 issue, the most commercially successful art criticism publication, Artforum, dedicated its pages to the commemoration of the fortieth anniversary of May 1968. The publication presented contributions by many of the leading figures in contemporary critical theory, all of whom have a distinctive sense of indebtedness to that brief period four decades ago, dubbed by Herbert Marcuse as the “Great Refusal.”

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Moishe Postone is Professor of History at the University of Chicago, and his seminal book Time, Labor, and Social Domination: A Reinterpretation of Marx’s Critical Theory investigates Marx’s categories of commodity, labor, and capital, and the saliency of Marx’s critique of capital in the neoliberal context of the present. Rescuing Marx’s categories from intellectual and political obsolescence, Postone brings them to bear on the global transformations of the past three decades. In the following interview, Postone stresses the importance of an analysis of the history of capital for a progressive anti-capitalist Left today.

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