Frankfurt Lectures II: The Crisis of Capitalism
30 March 2010
Nancy Fraser on the current crisis in capitalist societies
In the second series of Frankfurt Lectures of the Cluster of Excellence, the renowned political theorist Nancy Fraser will present her analysis of the crisis of capitalism. Fraser’s analysis builds upon the theory of the economist and social theorist Karl Polanyi, augmenting Polanyi’s thesis of a double movement of marketization and social protections with a third axis of social struggles: emancipation.
By emancipation Fraser understands the struggle for self-determination and independence, which she theorizes as “the missing third”. Thus, instead of Polanyi’s “double movement”, she speaks of a “triple movement”. This threefold movement forms the core of her theoretical reflections which cast the current crisis of capitalist societies in a new light.
In a first step Fraser will introduce the underlying thesis and the central concepts that inform her approach. The title of the corresponding lecture on April 19 is “Marketization, Social Protection, Emancipation”. On April 20 she will draw upon this to apply the new perspective to the analysis of the current developments in a lecture entitled “Ambivalences of Emancipation”.
Both lectures are scheduled to begin at 7pm. They will take place in Hörsaal 3 (HZ3) of the Hörsaalzentrum on the Westend Campus. Interested members of the public are cordially invited to attend. Prof. Dr. Rainer Forst, co-speaker of the Cluster, will provide an introduction.
Additional information can be found here.












