Joe Biden listened to the left on full employment. But the lasting effects were wanting, and the politics were brutal.
Pourquoi le bon bilan économique de Joe Biden n’a pas profité à Kamala Harris
Pendant son mandat, Joe Biden a fait de la reconquête de la classe moyenne son cheval de bataille. Mais si les « Bidenomics » ont relancé l’économie, ils n’ont…
The Triumph of Broken Promises — Harvard University Press
A powerful case that the economic shocks of the 1970s hastened both the end of the Cold War and the rise of neoliberalism by forcing governments to impose austerity on their own people.Why did the Cold War come to a peaceful end? And why did neoliberal economics sweep across the world in the late twentieth century? In this pathbreaking study, Fritz Bartel argues that the answer to these questions is one and the same. The Cold War began as a competition between capitalist and communist governments to expand their social contracts as they raced to deliver their people a better life. But the economic shocks of the 1970s made promises of better living untenable on both sides of the Iron Curtain. Energy and financial markets placed immense pressure on governments to discipline their social contracts. Rather than make promises, political leaders were forced to break them.In a sweeping narrative, The Triumph of Broken Promises tells the story of how the pressure to break promises spurred the end of the Cold War. In the West, neoliberalism provided Western leaders like Ronald Reagan and Margaret Thatcher with the political and ideological tools to shut down industries, impose austerity, and favor the interests of capital over labor. But in Eastern Europe, revolutionaries like Lech Walesa in Poland resisted any attempt at imposing market discipline. Mikhail Gorbachev tried in vain to reform the Soviet system, but the necessary changes ultimately presented too great a challenge.Faced with imposing economic discipline antithetical to communist ideals, Soviet-style governments found their legitimacy irreparably damaged. But in the West, politicians could promote austerity as an antidote to the excesses of ideological opponents, setting the stage for the rise of the neoliberal global economy.
Political Aspects of Full Employment
Why do capitalists hate full employment? Because it weakens their power over workers.
The Syllabus on Twitter / X
In the 1970s, radical economists left the university to work as activists. From the Union for Radical Political Economics to economic affairs bulletins, our book of the week investigates how the New Left changed economics.By Tiago Mata on @CambridgeUPhttps://t.co/aQQi9nqd0C pic.twitter.com/FM1A9nK5vN— The Syllabus (@syllabus_tweets) September 1, 2026
Left & Right: The Psychological Significance of a Political Distinction
This book brings together for the first time an updated, revised collection of influential essays and articles that capture some of the most exciting scientific and scholarly contributions to the topic ...
The New Paper Arguing Biden’s Power Sector Emissions Cuts Are Largely Intact — Even Under Trump
The Humanism Driving the Anti-A.I. Movement
At the Pro-Human Assembly in Washington, D.C., attendees talked less about jobs and policy, and more about their philosophy of life.
Not a new Weimar, or new 1930s: “We live in a period without a real precedent”. Interview with Anton Jäger
Upon the release of his new book Hyperpolitics: Extreme Politicization Without Political Consequences, September sat down with historian of political thought Anton Jäger to discuss the rise of the new right, the dynamics of politicization in contemporary Western societies, and what the current historical moment demands from the left.
Afternoon parallel: Baird Howland explores shifts in White House media in the Political Polarization and Discourse session: | IC2S2
Afternoon parallel: Baird Howland explores shifts in White House media in the Political Polarization and Discourse session:
The Rise of the Right-Wing Media Machine
This conservative media machine now rivals—and may well surpass—the power and the influence of the old-line press. It holds sway over much of the national agenda, deciding which ideas and...
The Rise of the Right-Wing Media Machine
This conservative media machine now rivals—and may well surpass—the power and the influence of the old-line press. It holds sway over much of the national agenda, deciding which ideas and...
Tyler Cowen is an Information Monster
Editor’s note: I’ve been looking at Marginal Revolution more or less daily for at least fifteen years.
Prejudice on the Left | The Paper Pilot
The Paper Pilot's digital garden of thoughts on philosophy, politics, and sociology
Book and Journals Publisher – 2025 - Lawrence Wishart
Lawrence Wishart have been publishing critical left ideas on politics and culture since 1936. Through books, journals and events, we foster a space where people can think together, challenge political ‘common sense’ and explore new possibilities.
It's the 21st century – why are we working so much? | Owen Hatherley
Owen Hatherley: The right calls for hard work, the left for more jobs. The dream of mechanisation leading to shorter working hours seems forgotten
Hyperpolitics: Extreme Politicization without Political Consequences
POLITICS AFTER THE END OF THE END OF HISTORYWhat happens when politics is everywhere, yet nothing seems to change? From the abandoned dance floors of Thatcher’s London to the mass mobilizations of Black Lives Matter, Anton Jäger traces how public life has become infused with protest, spectacle, and moral urgency — while the old infrastructure of parties, unions, and civic solidarity has been hollowed out.Hyperpolitics revisits the illusions of the “end of history” and dissects the strange energies that replaced them: viral outrage, endless culture wars, and the digital rush of causes that flare and vanish overnight. Jäger shows how the promises of post–Cold War liberalism gave way to a restless, unsteady public sphere where private passions overflow into politics but rarely build enduring power.Ranging from Guy Debord and Wolfgang Tillmans to Houellebecq’s disenchanted fictions, Hyperpolitics makes sense of a world in which collective action remains fragmented and the social fabric thinner than ever. For anyone trying to grasp why our age feels so charged yet so inconsequential, this book offers a vital map through the new contradictions of our hyperpolitical moment.