Under Capitalism, Democracy Stops at the Economy
In Escape From Capitalism, economist Clara Mattei offers an uncompromising defense of a Marxist account of society and makes the case for democratic control of the economy.
5 Article(s) by: Scott Aquanno
Scott Aquanno is assistant professor of political science at Ontario Tech University. He is the coauthor of The Fall and Rise of American Finance: From J. P. Morgan to BlackRock with Stephen Maher and author of Crisis of Risk: Subprime Debt and US Financial Power from 1944 to Present.
In the 1970s, the Left Put a Good Crisis to Waste
In Counterrevolution, Melinda Cooper reads the 1970s economic crisis as an elite revolt rather than proof of the New Deal order’s unsustainability. Her arguments rely on a rejection of Marxism as an analytical framework and of socialism as a political horizon.
The Case for Capital Controls
Globalization is a project of class war whose destructive effects have driven many US workers into the Trumpian right. The Left needs a real response to the problems raised by global capital mobility — and that should start with capital controls.
The Power of Finance Is Inherent to Capitalism
Analysts of financialization often present it as a sign of capitalist decline, yet the rise of finance has actually strengthened capitalist domination. The only way to challenge this power is by converting finance into a public utility.
The Problem With Finance Is the Problem of Capitalism
Finance’s dominance over the economy isn’t a deviant evolution of a “good” industrial capitalism. Finance and industry are interdependent — meaning solving problems like inequality and climate change will require a far-reaching democratization of the economy.