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Jacobin Radio

Behind the News: Beyond the Capitalist Economy w/ Aaron Benanav

Jacobin Radio

Jacobin

Socialism, History, News, Left, Jacobin, Alternative, Socialist, Politics

4.71.5K Ratings

🗓️ 19 August 2025

⏱️ 53 minutes

🧾️ Download transcript

Summary

Aaron Benanav, author of a recent article for New Left Review, outlines possibilities for a democratically planned economy. Jerome Nikolai Warren examines the possibilities for cooperatives.

Behind the News, hosted by Doug Henwood, covers the worlds of economics and politics and their complex interactions, from the local to the global.

Transcript

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0:00.0

The

0:07.0

The Hello and behind the news. My name is Doug Henwood.

0:35.8

The semi-riguously enforced two

0:38.1

guests in two segments format prevails once again today. A break, though, from all the dispiriting

0:43.3

news of genocidal war and insipient fascism, some ideas for a post-capitalist future from

0:48.7

Aaron Beninoff and live possibilities in the present, the cooperative form, outlined by Jerome

0:54.1

Nikolai Warren.

0:55.5

We'll return to the gloomscape soon, but I need a rest. Many of us on the left, and I certainly

1:00.5

number myself among them, are more comfortable standing back and fetching instead of constructively

1:05.4

thinking about a better future. Both my guests today are doing the constructive thing,

1:09.8

and I'm importing some optimism from them.

1:12.4

First, Aaron Beninoff, who has the first of a two-part look at a post-capitalist future in the May

1:17.4

June issue of New Left Review. The subtitle, groundwork for a multi-critarial economy, doesn't

1:23.1

exactly flow off the tongue, but what he's saying with it is incontrovertible. Any future economic system,

1:28.7

any utopia we're working towards in the present, has to meet a lot of needs. Among them,

1:33.4

material welfare, ecological sustainability, and support for human flourishing. Capitalism does none

1:39.3

of these things and often undermines them. One of the crucial issues for any transformative

1:43.9

politics is

1:44.8

rethinking investment, that is, the decisions that shape the physical infrastructure society,

1:49.7

the apparatus of production and distribution. Some of that is done by the public sector in

1:54.4

capitalist society, transportation, schools, R&D, but most of it is done by a relative handful of

2:00.2

people motivated by profit,

...

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