4.2 • 970 Ratings
🗓️ 11 October 2023
⏱️ 62 minutes
🧾️ Download transcript
With neo-Keynesian hacks like Will Stancil crowing about the alleged successes of Bidenomics, it seemed fitting to bring on Jamie Merchant, author of many incisive articles in Paul Mattick's Field Notes section of the Brooklyn Rail and elsewhere to discuss capital, finance and permanent crisis. Topics include the enduring legacy of the tendency of the rate of profit to fall, the limits of 'financialization' discourse, the politics of crisis theory, the limits of industrial policy, the Brenner-Riley debate, anti-anti-globalization, so-called Political Capitalism and more.
In the bonus section we discuss the outlines of what a determinate negation of globalization might look like and how to turn global production into international proletarian power. Lastly, Sean, Andy and Jamie take a first pass at an internationalist perspective on fast-moving events in Palestine and what the outcome of resistance might be for the people of Gaza, the West Bank and the broader Middle East.
To access the full episode and a ton more bonus content, become a patron at www.patreon.com/theantifada
Articles by Jamie Merchant:
https://brooklynrail.org/2022/03/field-notes/Endgame-Finance-and-the-Close-of-the-Market-System
https://brooklynrail.org/2023/07/field-notes/The-Economic-Consequences-of-Neo-Keynesianism
Riley and Brenner’s 7 Theses on American Politics and further debate:
https://jacobin.com/2023/10/stagnation-productivity-profit-crisis-brenner-debate-1970s-economics
Taylor Swift - End Game
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0:00.0 | Hello everybody and welcome to the Antifada. I'm Sean K. B. And I'm here as always with Andy folk. What's up now? |
0:11.0 | Hello, I never called me Andy before, but that's fine. |
0:15.1 | Well, you know, my old punk name. |
0:17.7 | Old names die hard, my friend. |
0:19.6 | Little Easter egg for the Fandies. |
0:21.4 | Yeah, for all the fandies. |
0:23.4 | I thought it was, I thought your name, your legal name was Antifada, |
0:25.9 | Andy. |
0:27.4 | Or Andy Fada. |
0:29.3 | I still, whenever I call myself by my legal name, which is Andy Gittlets, I still get people saying, |
0:34.9 | why are using that ridiculous pseudonym? |
0:37.7 | That's my name. |
0:39.7 | It's your goddamn name. |
0:41.7 | That's your publishing book name. But today you're Andy folks. Some days you're Andy Fada and always our guest today is Jamie Merchant who is a inveterate critic of political economy who lives in Chicago, whose works have appeared in the nation, the Baffler, and extensively under Paul Maddick Jr.'s editorship at the Brooklyn Rail. |
1:04.0 | It's hard to think of a person better suited to discuss the economy and our relationship to it, |
1:09.8 | since Jamie has made it his mission to critique the new technocratic economic nationalism that represents much of the political horizon of the social democratic left and increasingly the so-called dissident right. |
1:23.8 | Jamie Merchant, welcome to the show. |
1:27.0 | Good to be here, guys. |
1:27.9 | Thanks for having me. |
1:29.0 | It's our pleasure. |
1:30.6 | We should say right off the bat and we're not going to give to this topic any justice |
1:37.0 | There is a horrific attack going on in Gaza right now. It looks like war is broken out again between Hamas and the |
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