Capitalism and the Politics of Resignation

Abstract

Anthropologists since the 1990s have paid greater attention to the state and governmentality than to one of the most consequential forms of power in our time, the corporation. The lack of attention to corporations is especially problematic when the harm they cause is readily apparent and substantial. We propose to reorient the study of power in anthropology to focus on the strategies corporations use in response to their critics and how this facilitates the perpetuation of harm. We identify three main phases of corporate response to critique: denial, acknowledgement and token accommodation, and strategic engagement. In case studies of the tobacco and mining industries, we show how corporate responses to their critics protect these industries from potential delegitimization and allow them to continue operating in favorable regulatory environments. Finally, we connect these corporate strategies to pervasive feelings of discontent about the present and the perceived inability to change the future. Although corporations usually benefit from the politics of resignation, we argue that widespread dissatisfaction with corporate practices represents an important starting point for social change.