Social and Behavioral Sciences Commons^™

It's Capitalism, Stupid!: The Theoretical And Political Limitations Of The Concept Of Neoliberalism, Bryant William Sculos

Class, Race and Corporate Power

This polemical essay explores the meaning and function of the concept of neoliberalism, focusing on the serious theoretical and political limitations of the concept. The crux of the argument is that, for those interested in overcoming the exploitative and oppressively destructive elements of global capitalism, opposing "neoliberalism" (even if best understood as a process or a spectrum of "neoliberalization" or simply privatization) is both insufficient and potentially self-undermining. This article also goes into some detail on the issues of health care and climate change in relation to "neoliberalism" (both conceptually and the material processes and policies that this term refers …

Corporations, Associations And The State: The International Subsidy System For Film, Michael S. Wartenbe

Class, Race and Corporate Power

Rather than increasing competition in the market and decreasing government spending, neoliberalism has driven states to compete by appealing to transnational corporations. Direct subsidization to attract investment has become one of the most egregious normalization of this process, and Hollywood and the film industry have become some of the most active participants to this system. Indeed to have a functioning film industry, government subsidies are essential, commonly paying out up to a third of the production costs. Per employee these are some of the highest subsidy rates of any industry, and with most of the world participating, they offer little …

Review Of Giridharadas, A. (2018). "Winners Take All: The Elite Charade Of Changing The World." New York: Alfred A Knopf., Joshua H. Martin, Kae Novak

Class, Race and Corporate Power

A review of Ananad Giridharadas' "Winners Take All: The Elite Charade of Changing the World" (2018). New York: Alfred A Knopf.

Modern Monetary Theory: A Marxist Critique, Michael Roberts

Class, Race and Corporate Power

Compiled from a series of blog posts which can be found at "The Next Recession."

Modern monetary theory (MMT) has become flavor of the time among many leftist economic views in recent years. MMT has some traction in the left as it appears to offer theoretical support for policies of fiscal spending funded by central bank money and running up budget deficits and public debt without fear of crises – and thus backing policies of government spending on infrastructure projects, job creation and industry in direct contrast to neoliberal mainstream policies of austerity and minimal government intervention. Here …