https://www.podbean.com/media/share/pb-4nas7-1aac996
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
