How Everyone Misunderstands Capitalism (w/ Grace Blakeley)
Current Affairs10 Kesä 2024

How Everyone Misunderstands Capitalism (w/ Grace Blakeley)

Get new episodes early at patreon.com/CurrentAffairs !

Grace Blakeley is one of the left's leading economic thinkers. In her new book, Vulture Capitalism, Blakeley explains how capitalism really works and gives a crucial primer on the modern economy. She joins today to explain why conceiving of "free markets" and "government planning" as opposites is highly misleading, because our neoliberal "market-based" economy involves many deep ties between the state and corporations. Instead of thinking of "capitalism" and "socialism" as a spectrum that runs from markets to government, Blakeley says we should focus our analysis on who owns and controls production, and who gets the benefits.

"The choice isn’t “free markets” or “planning.” Planning and markets exist alongside each other in capitalist societies—indeed, in any society. The choice is whether the planning that inevitably does take place in any complex social system is democratic or oligarchic. Do we allow a few institutions to make decisions that affect everyone else, considering only their own interests, or do we move toward a system in which everyone has the power to shape the conditions of their existence? We must stop talking about “free-market capitalism” and instead accept that capitalism is a hybrid system based on a fusion between markets and planning. Rather than seeing the world in which we live as emerging from mystical market forces beyond our control, we must realize that the world in which we live results from the conscious choices of those operating within it. When we are able to view the world in these terms, the space for conscious, democratic design of our world expands." — Grace Blakeley

Jaksot(600)

The Left is Always Right Too Early

The Left is Always Right Too Early

🦩 Use the code "15OFF" for a discount on Current Affairs: https://www.currentaffairs.org/membership  From slavery and child labor in the 19th century to the Iraq War and Gaza, the Left position has b...

25 Helmi 18min

Current Affairs News Briefing ❧ February 20, 2026

Current Affairs News Briefing ❧ February 20, 2026

A convoy to Cuba, Grok doxxes a sex worker,  Mamdani cuts the library, Pakistan has really fast jets, MGP declares war on sea lions, Andrew is arrested, and bugs are more popular than Trump. 📰 SUBSCR...

21 Helmi 7min

Abigail Thorn of Philosophy Tube on Parasocial Relationships

Abigail Thorn of Philosophy Tube on Parasocial Relationships

Abigail Thorn is an actor, writer, and the creator of the widely acclaimed YouTube channel Philosophy Tube, where she explores politics, culture, and philosophy through performance and storytelling. S...

6 Helmi 29min

Why Conservatives Hate the Government But Love the Cops

Why Conservatives Hate the Government But Love the Cops

🦩 Use the code "15OFF" for a discount on Current Affairs: https://www.currentaffairs.org/membership The core right-wing principle is a belief in hierarchy, not the limitation of state power. 🐍 Read ...

4 Helmi 8min

How the Right Abuses Tolkien

How the Right Abuses Tolkien

🦩 Use the code "15OFF" for a discount on Current Affairs: https://www.currentaffairs.org/membershipFor Peter Thiel, JD Vance, and other figures on today’s far right, the works of J.R.R. Tolkien have ...

30 Tammi 28min

Current Affairs News Briefing ❧ January 28, 2026

Current Affairs News Briefing ❧ January 28, 2026

EPA to stop animal testing, Palestinians go on general strike, Ye apologizes for his Nazism again, TikTok claims apparent censorship was caused by a power outage, and the government repeals workplace ...

29 Tammi 4min

Ro Khanna: “Newsom Doesn’t Want to Offend the Donor Class”

Ro Khanna: “Newsom Doesn’t Want to Offend the Donor Class”

Ro Khanna is the U.S. representative for California’s 17th Congressional district, more commonly known as “Silicon Valley.” He was a co-chair of Bernie Sanders’ presidential campaign in 2020, and ther...

24 Tammi 40min

How Corporations Convinced America that Litter is Our Fault

How Corporations Convinced America that Litter is Our Fault

The "Keep America Beautiful" campaign urged Americans to pick up their trash—so that companies could keep producing it.🗑️ Read the full article: https://www.currentaffairs.org/news/the-sinister-origi...

23 Tammi 12min

Suosittua kategoriassa Komedia

nikotellen
anni-jaajo
tuplakaak
antin-matka
olipa-kerran-otsikko
ihan-oikeesti
rss-saarinen-shoy
antin-palautepalvelu
rss-nikotellen
antin-elokuvakerho
puurojengi
everypodi
rss-kaheli
ela-viitti
kasper-ja-mikko-suomen-suosituin-podcast
naakkavalta
rss-kuukka-vehvilainen-hartlin
rss-ruokacast
mysteeripodcast
rss-sami-jorma