Episode notes
With neo-Keynesian hacks like Will Stancil crowing about the alleged successes of Bidenomics, it seemed fitting to bring on Jamie Merchant, author of many incisive articles in Paul Mattick's Field Notes section of the Brooklyn Rail and elsewhere to discuss capital, finance and permanent crisis. Topics include the enduring legacy of the tendency of the rate of profit to fall, the limits of 'financialization' discourse, the politics of crisis theory, the limits of industrial policy, the Brenner-Riley debate, anti-anti-globalization, so-called Political Capitalism and more.
In the bonus section we discuss the outlines of what a determinate negation of globalization might look like and how to turn global production into international proletarian power. ...
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