In this Part 1, Material Conditions, I look at the changing material conditions of capital in the most labour-intensive manufacturing sectors in world production. I argue that these changes are leading to a waning in monopsony power. The paper introduces a universal logic that governs competition and reshapes the chain around the question of monopsony in the global supply chain. Put simply, deregulation produces high degrees of monopsony power, increasing the value share for the lead firm. This intensifies competition, exerts (...) downward pressure, and winnows the number of suppliers able to compete. The result is a supplier consolidation. Consolidation increases the surviving suppliers’ share of value, which expands access to finance, facilitates self-investment, and raises entry barriers. In Part 2, Subjective Agency, I look at how this leads to the emergence of market spatial inflexibility, which has given labour new openings by increasingly their disruptive power. (shrink)

The question of capitalism’s relationship to issues of race, racism and processes of racialisation has become increasingly prominent in contemporary debates. This special issue of Historical Materialism on ‘Race and Capital’ seeks to intervene in these debates. In this Introduction, we situate the special issue within this wider political, historical and theoretical context. We begin by reconstructing some of the key tensions and fault lines within contemporary discussions of race and racism, particularly in relation to the Marxist tradition. Against those (...) who claim a primarily oppositional relationship between the Marxist tradition and anti-racist thinking, we chart a historical account of key moments in which Marxist movements and thinkers have attempted to articulate distinctively historical-materialist accounts of race and racism. We then situate the key themes of the special issue – and the various articles that compose the issue – against this background. (shrink)

InWorkers, Unions, and Global Capitalism: Lessons from India, Rohini Hensman maintains that globalisation has afforded workers new opportunities for confronting capitalist exploitation. Using India as a point of departure, Hensman highlights globalisation as paradoxical, challenging anti-globalisers and the globalisation-as-imperialism thesis, to argue that capital’s toilers are now becoming its gravediggers. This analysis also explains why the World Trade Organization is so appealing to Hensman: a quintessence of capitalism’s contradictions. Hensman argues for both transnational solidarity and independent trade unions, embodied in (...) the ‘employees’ unions’ of India, as well as in favour of thewto’s ‘social clause’ amendment, in which the global exploiter is transformed into an arbiter of workers’ rights. The review maintains that the terms of Hensman’s twin position are impossible to reconcile. It evinces an underlying contradiction between opportunistic statism and a conception of revolutionary strategy predicated on action ‘from below’. (shrink)

Maintenance of skeletal muscle mass and strength throughout life is crucial for heathy living and longevity. Several signaling pathways have been implicated in the regulation of skeletal muscle mass in adults. TGF‐β‐activated kinase 1 (TAK1) is a key protein, which coordinates the activation of multiple signaling pathways. Recently, it was discovered that TAK1 is essential for the maintenance of skeletal muscle mass and myofiber hypertrophy following mechanical overload. Forced activation of TAK1 in skeletal muscle causes hypertrophy and attenuates denervation‐induced muscle (...) atrophy. TAK1‐mediated signaling in skeletal muscle promotes protein synthesis, redox homeostasis, mitochondrial health, and integrity of neuromuscular junctions. In this article, we have reviewed the role and potential mechanisms through which TAK1 regulates skeletal muscle mass and growth. We have also proposed future areas of research that could be instrumental in exploring TAK1 as therapeutic target for improving muscle mass in various catabolic conditions and diseases. (shrink)