Bill Mitchell — An optimistic view of worker power

An overriding theme of our new book is that the idea that the nation state is powerless, which appears to have become absorbed within the mainstream Left narrative is false at the most elemental level.

We argue that while they Left has seemingly become beguiled by the idea that amorphous capital markets need to be assuaged by policies that increase their capacity to gain increasing proportions of the real income produced around the world, the Right has understood all along that they had to work through the state to gain advantage for their constituents, notably the top-end-of-town and capital, in general.…

Bill Mitchell – billy blog
An optimistic view of worker power
Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia