Bungacast
/547/ What Are the Politics of Stagnation? ft. Dylan Riley
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Show notes
On political capitalism and divided workers.
Sociology professor at UC Berkeley, Dylan Riley, talks to Alex and Lee about economic stagnation, the state propping up capitalism, and class politics.
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What is "political capitalism"? And is it true that plunder and predation matter more now than exploitation?
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Why hasn't the ruling class purged the system through mass bankruptcies and unemployment?
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How does Chinese state capitalism fit into the story of stagnation and excess capacity?
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What is the difference between economic interests and class interests? How is the working class divided today?
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Is there a way out of the impasse? What possibility is there of a pro-growth politics?
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Links:
Relevant Episodes
Riley & Brenner
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Seven Theses on American Politics, New Left Review, 2022
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The Long Downturn and Its Political Results, New Left Review, 2025
Some Key Responses
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Reflections on Political Capitalism, Lola Seaton, New Left Review, 2023
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Notes on ‘Political Capitalism’, John Ganz
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Seven Theses on Brenner and Riley's "Political Capitalism", Tim Barker
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Robert Brenner’s Unprofitable Theory of Global Stagnation, Seth Ackerman, Jacobin
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From Politics to Theory and Back, Benjamin Fong, Damage
Notable pieces in Sidecar by Dylan