by Disha Karnad Jani On this episode of In Theory, Disha Karnad Jani interviews Quinn Slobodian about his latest book, Hayek’s Bastards: The Neoliberal Roots of the Populist Right (Zone Books, 2025). Here, Slobodian looks to various figures like Murray Rothbard, Charles Murray, and Javier Milei—and their (mis)readings of Friedrich Hayek and Ludwig von Mises—to reveal the entangled relationship between neoliberalism following the end of the…
by Mattia Steardo The concept of “labor” occupies a central place in the history of political economy and, consequently, in the political imagination of our own time.[1] From Adam Smith’s The Wealth of Nations to Karl Marx’s Capital, labor emerges as the central determinant of wealthrr and value, whether to praise its productive merits or…
by Rose Facchini Andrea Bagnato is an architect and writer living in Genoa. He has taught at the Architectural Association in London, Piet Zwart Institute in Rotterdam, and DAAS in Stockholm, and co-edited the books Rights of Future Generations (Hatje Cantz, 2022) and A Moving Border: Alpine Cartographies of Climate Change (Columbia University Press, 2019)….
by Facundo Rocca The familiar landscape of economic modernity is typically drawn from the “Manchester model” and the British Industrial Revolution: a scenery of technical innovations and the purported discovery of economic rationality that gradually optimized productive practices. This archetypal account, however, leaves three fundamental points out of sight. First, the simplification of labor was not…
Temperance was one of the most influential social movements in 19th century England. Alcohol abuse led to widespread poverty and social distress, driving reformers to establish the first English temperance societies in 1830. In response to their exclusion from alcohol-focused public spaces, these reformers went on to create an entire parallel infrastructure of buildings and…
by Kai Mora In 1453, the Ottoman Empire rose to Europe’s east, took Constantinople, renamed it Istanbul, and replaced the Cross with the Crescent. Obstructing the lucrative trade routes of Asia, this drove Europeans westward in search of other routes, the context for the arrival of Europeans on the Senegambian coast. By the early nineteenth…
by Véronique Mickisch For most, Marxist political economy is synonymous with planning. Perhaps no planning experiment has been associated as closely with Marxist economics as the First Five-Year Plan, initiated in 1928. This can be explained, at least in part, by the immense material changes it brought about within the Soviet Union. According to Robert…
by the Primary Editors This selection of essays and interviews reflects the wide range of scholarship published here on the blog in 2025. What is Post-Fascism?, by Sven Reichardt The Other Bataille: An Interview with Benjamin Noys and Alberto Toscano, by Jared Bly Hegel’s “Brown Rivulet of Coffee”: Colonies, Commodities, and Context, by Marie Louise…
by Nate Holdren In his post to open this Forum on political economy, Mikkel Flohr argues that Marxism can help us to treat “ideas as socially embedded, historically conditioned, and politically effective.” I agree completely with Flohr’s valuable contribution. In this post, I propose three adjacent senses of the term ‘political economy,’ intended to help…
by Amartyajyoti Basu The story of modern capitalism is often told through the lens of the factory whistle and the punch clock – symbols of progress and industrial modernity. Yet, in colonial Calcutta, between 1920 and 1960, these symbols represented something far more sinister: a system of exploitation that used time itself as an instrument…