Jobs For All

In an age of precarity, a left-wing demand for full employment could be massively popular. But liberalism can’t deliver it.

A General Without an Army

For all Piketty’s mainstream respectability, it is only the radical left and the labor movement — not treasuries and central banks — that can push his program.

Not Another Piketty Symposium

Thomas Piketty’s Capital in the Twenty-First Century has been covered ad nauseam. But how it will change the ideological landscape remains to be seen.

Eric Hobsbawm and the Next Left

Does Marxism have a political future? Hobsbawm is clearly not optimistic. But at the same time, he gives the impression that hard as it may be to imagine the transcendence of capitalism in the short term, it is difficult for him to conceive that socialism is not on the cards in the long run. He still thinks […]

On Debt: A Reply to Josh Mason

Josh Mason and I have been debating since my critique of David Graeber’s Debt went online a few weeks ago. We started at Crooked Timber — completists can read the original comments box exchange here. At that point we switched to email, with several lengthy back-and-forths — the total wordcount a multiple of the original […]

Marglin and Mankiw

In “Occupy Economics,” I mentioned Stephen Marglin, a radical Harvard economics professor who got tenure before the crackdown of the 1970s, and who is still there teaching an alternative undergrad economics course. He has to his name a number of absolute classics of radical political economy: “What do bosses do?” (Part I, Part II), with […]

Joan Robinson’s “Open letter from a Keynesian to a Marxist”

At the end of my piece in the new Jacobin, I quoted Joan Robinson’s “Open Letter from a Keynesian to a Marxist.” It’s well out of print, and I think it deserves to be online in full, so here it is. According to John King’s History of Post-Keynesian Economics [2002: p. 50], this originated as […]

Mike Beggs

Mike Beggs is an editor at Jacobin and a lecturer in political economy at the University of Sydney.