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A Dissipating Glut?

Can Biden’s green fiscal stimulus kickstart a sustained dynamic of capital accumulation? Replying to critics of Riley and Brenner’s ‘Seven Theses’, Aaron Benanav defends and extends Brenner’s account of the long downturn, charting the epochal implications of shifts in demand, from agriculture to industry to services.

World Asymmetries

Aaron Benanav on Matthew Klein & Michael Pettis, Trade Wars Are Class Wars. Hobson revived for a provocative new analysis of global inequality, with solutions sought from Keynes.

Automation and the Future of Work—2

Concluding his two-part analysis of technological development and global labour-market dysfunction, Aaron Benanav rebuts the automation theorists’ call for Universal Basic Income with a counter-proposal. Can we invent the future by working backwards from the world we want to build?

Automation and the Future of Work—1

First in a two-part global reappraisal of the linkages between technological advance and capitalist labour-market dysfunction. What light does automation discourse shed on dynamics within the productive economy? Rise of the robots versus industrial overcapacity to explain the worsening crisis of under-employment.

Landscapes of Labour

Aaron Benanav on Jan Breman, The Poverty Regime in Village India. A sociologist explores the mechanisms of inequality shaping the life-world of informal labour.

Kali’s Prophet

Aaron Benanav on Thomas McCraw, Prophet of Innovation. A Schumpeter for post-Keynesian times? Professional trajectory and personal tragedies of the theorist of creative destruction.