David Brooks & Economic Inequality

Consulting the “Great Books”

Yet in his column published in the New York Times on January 16, entitled “The Bernie Sanders Fallacy,” echoing similar pieces in the past, I had hoped that he would have consulted them for wisdom again. In it he argues that despite the rapid growth of economic inequality in the United States, ...
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David Brooks & Economic Inequality

Sovereignty, Financial Power, and Central Banks

Why bad critiques of finance spur right wing populism

With sentences like this, Joseph Vogl became one of the most rigorous German critics of the austerity politics enforced by the so-called Troika in the aftermath of the European Debt Crisis. In his latest work The Ascendancy of Finance (2017) he deals with the political power of central banks. In this interview, ...
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Sovereignty, Financial Power, and Central Banks

Conflicting Claims

Race, Capitalism & the Current Crisis: Conundrums for Those Who Envisage a Socialist Future

The multiple capitalist crises the U.S. faces today are a result both of the inherent contradictions found within a capitalist social order, and from frictions and contradictions arising out of its articulation with two other systems of domination -- those of patriarchy and white supremacy. These crises have generated extreme ...
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The Clerk Problem

An excerpt from Accounting for Capitalism: The World The Clerk Made

The age abounded in loafers. There were literary loafers, Yankee loafers, French loafers, genteel loafers, common loafers, and country loafers— the latter observed by Nathaniel Hawthorne at the Brighton Cattle Fair “wait[ing] for some friend to invite them to drink.” Nevertheless, loaferism was most essentially a metropolitan phenomenon, strolling the ...
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The Return of “Capitalism”

And the limits of economics

As Democratic presidential hopefuls find themselves responding to the questions “are you a socialist?” and “are you a capitalist?,” it is useful to remember that for most of the post-War era, the word capitalism was taboo in economics, the discipline whose very role is to provide rigorous analysis of … ...
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Ideology is Dead! Long Live Ideology!

On the Ideological Character of Liberalism & Socialism

Something in the Night is Dangerous According to Jeffrey Goldfarb, founder and publisher of Public Seminar (PS), I am dangerous. I threaten to undermine democracy. While Goldfarb’s comments may not have been specifically targeted at me, they are targeted at the kind of socialist critical theory and practice for which I often argue (for just ...
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Ideology is Dead! Long Live Ideology!

Why I Want Nothing to do with the Green New Deal 

Conservatism, Environmentalism and Socialism

I was frequently humbled living in the small, oil-rich kingdom. Humbled by the clash between two of nature’s most inhospitable terrains: a great sandy desert meeting a great salty ocean. At the boundary where these two titans collide sits a different kind of marvel: a Starbucks. I would frequent the ...
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Why I Want Nothing to do with the Green New Deal 

Socialism and American Politics

A Brief Recollection (2009)

Note: I recently found the piece below on an old hard drive. It was written on March 2, 2009, exactly ten years ago this weekend. It was written for the brand-new blog that Dissent Magazine was then starting. It was never published. I’m publishing it now for three reasons: (1) ...
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Socialism and American Politics

Kamala Harris Is Not a Red-Baiter, She’s Just Not a Socialist (Like Most Americans)

Defeating Trump Politically, Part 4

In recent columns I have celebrated the energy and ideas brought into the Democratic party by newly-elected young leftists, defended them from criticism, condemned the red-baiting of the left, and explained how and why “socialism” has played an important role in the history of American democracy, and ought not to ...
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Kamala Harris Is Not a Red-Baiter, She’s Just Not a Socialist (Like Most Americans)

Upstaging the Trump Reality Show

How Montana’s socialist ‘Plaid Shirt Guy’ hacked a Trump rally

It isn’t easy to upstage Donald Trump, but Tyler Linfesty -- a 17-year old high school student from Billings, Montana -- managed to divert attention away from the president at a recent Trump rally in his hometown. Linfesty became an immediate internet sensation on September 6 as he stood on the ...
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Upstaging the Trump Reality Show

Labor Day

Writers Examine the Past, Present, and Future of the Labor Movement

Very few high schools, and not many colleges, teach students about labor history -- the struggles of working people for a better life and a more decent society. Only a handful of newspapers and on-line sites have reporters who cover labor (or even work) on a full-time basis.  Except when ...
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Labor Day

200 Years of Karl Marx

Some lessons on the politics of commemoration

This year marked the 200th anniversary of the birthday Karl Marx, a fierce critic of capitalism. In an effort to think through the legacy of—and the possible futures of—Marx’s influence, the Humanities Center at Carnegie Mellon University hosted Marx@200, a program of more than two dozen lectures, performances, panels, and ...
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200 Years of Karl Marx