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Forget Your Middle-Class Dreams
«When it comes to workplace organizing, there's no such thing as a "privileged" worker. You’re either with your coworkers or you’re against them.»
unionization  politics  jacobin  organization  marxism  class  america  american-left  history  1930s  professionalism  management 
24 days ago by brennen
An Open Letter to Ta-Nehisi Coates and the Liberals Who Love Him
The reparations demand survives as a parlor debate — it cannot address the real needs and interests of black workers.
coates  reparations  jacobin 
4 weeks ago by wcaleb
2020 Progressive Protest Vote
Sharp parody from McSweeney's about The Left
funny  politics  parody  progressive  jacobin  tootme 
11 weeks ago by nelson
Liberalism in Theory and Practice
Today's liberals are temperamentally conservative — and what they want to conserve is a morally bankrupt political order.
politics  jacobin  2016  2018  2020 
december 2018 by jacobraleigh
Pulling Rabbits Out of Hats
The kind of academic macroeconomic theory Krugman and Eggertsson were deploying is a strange beast indeed. The heart of it is the idea that the economy can be thought of as a single infinitely-lived individual calculating the trade-off between leisure and consumption over all future time. For an orthodox macroeconomist — anyone who hoped to be hired at a research university in the past thirty years — this approach isn’t just one tool among others. It is macroeconomics. Every question has to be expressed as finding the utility-maximizing path of consumption and production over all eternity, under a precisely defined set of constraints. Otherwise it doesn’t scan.

It might seem like an odd default, given the obvious fact that real economies contain households, businesses, governments, and other distinct entities, none of which can turn income in the far distant future into spending today. But it has the advantage of fitting real-life macroeconomic problems — which at face value would seem to involve uncertainty, conflicting interests, coordination failures — into the scarce-means-and-competing-ends, Robinson Crusoe-type vision that has long been economics’ home ground.
economics  macroeconomics  jacobin  krugman_you_moron  credit_crisis  interest_rates 
november 2018 by perich
Yanis Varoufakis’s European Dreams
To me what is now essential is for Britain — and this is possibly something Jeremy and I don’t agree on — to maintain freedom of movement. The Left should always fight to keep borders away and not to create new borders among people. So, for me a “Norway plus” solution would be ideal for Britain and even if that doesn’t happen, our New Deal for Europe, proposed by DieM 25, details how even after a hard Brexit [the UK breaking from all EU-related structures] British institutions and European institutions could coordinate in such a way as to simulate a European Union in which Britain is an integral and progressive part.
Europe  EU  politics  economics  Eurozone  EC  Italy  Greece  DiEM25  budget  finance  austerity  EIB  ECB  Syriza  MelechonJean-Luc  LePenMarine  SalviniMatteo  farRight  Brexit  Lexit  PeoplesVote  referendum  NorwayPlus  freedomOfMovement  dctagged  dc:contributor=VaroufakisYanis  interview  Jacobin 
november 2018 by petej

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