Since the start of the financial crisis in 2008, the notion that capitalism has become too abstract for all but the most rarefied specialists to understand has been widely presupposed. Yet even in academic circles, the question of abstraction itself - of what exactly abstraction is, and does, under financialisation - seems to have gone largely unexplored - or has it? By putting the question of abstraction centre stage, How Abstract Is It? Thinking Capital Now offers an indispensable counterpoint to the 'economic turn' in the humanities, bringing together leading literary and cultural critics in order to propose that we may know far more about capital's myriad abstractions than we typically think we do. Through in-depth engagement with classic and cutting-edge theorists, agile analyses of recent Hollywood films, groundbreaking readings of David Foster Wallace's sprawling, unfinished novel, The Pale King, and even original poems, the contributors here suggest that the machinations and costs of finance - as well as alternatives to it - may already be hiding in plain sight. This book was originally published as a special issue of Textual Practice.

Since the start of the financial crisis in 2008, the notion that capitalism has become too abstract for all but the most rarefied specialists to understand has been widely presupposed. Yet even in academic circles, the question of abstraction itself - of what exactly abstraction is, and does, under financialisation - seems to have gone largely unexplored - or has it? By putting the question of abstraction centre stage, How Abstract Is It? Thinking Capital Now offers an indispensable counterpoint to the 'economic turn' in the humanities, bringing together leading literary and cultural critics in order to propose that we may know far more about capital's myriad abstractions than we typically think we do. Through in-depth engagement with classic and cutting-edge theorists, agile analyses of recent Hollywood films, groundbreaking readings of David Foster Wallace's sprawling, unfinished novel, The Pale King, and even original poems, the contributors here suggest that the machinations and costs of finance - as well as alternatives to it - may already be hiding in plain sight. This book was originally published as a special issue of Textual Practice.

From debates about reparations to the rise of the welfare state, the decades following World War I saw a widespread turn across disciplines to questions about the nature and role of gifts: What is a gift? What do gifts mean and do? Which individuals and institutions have the authority to give? Marshalling wide-ranging interdisciplinary research, Returning the Gift argues that these questions centrally shaped literary modernism. The book begins by revisiting the locus classicus of twentieth-century gift theory - the French sociologist Marcel Mauss's 1925 essay, The Gift: The Form and Reason for Exchange in Archaic Societies. His title notwithstanding, the gift Mauss envisions is not primitive or pre-capitalist, but rather a distinctively modern phenomenon. Subsequent chapters offer sustained, nuanced readings of novels and nonfiction by Virginia Woolf, Jean Rhys, Gertrude Stein, and H.D. from the 1920s to 1940s, underscoring the ways their writing is illuminated by contemporaneous developments in the social sciences, economics, and politics, while also making a case for their unique contributions to broader debates about gifts. Not only do these writers insist that literature is a special kind of gift, but they also pose challenges to the gift's feminization in the work of both their Victorian forebears and contemporary male theorists. Each of these writers uses tropes and narratives of giving - of hospitality, sympathy, reciprocity, charity, genius, and kinship - to imagine more egalitarian social possibilities under the conditions of the capitalist present. The language of the gift is not, as we might expect, a mark of hostility to the market so much as a means of giving form to the 'society' in market society - of representing everyday experiences of exchange that the myth of the free market works, even now, to render unthinkable.