In this episode, co-hosts Natalie Smith and Maxximilian Seijo argue that the pandemic not only killed neoliberalism as a tacit ideological formation; it also revealed how neoliberal truisms have never captured the actual causal mechanisms and potentials that defined the past 50 years. Fleshing out these claims, Naty and Maxx journey through the work of rockstar economic historian Adam Tooze, focusing in particular on his widely-hailed recent book, Shutdown: How Covid Shook the World's Economy (2021). Naty and Maxx affirm Tooze’s characteristically thorough demonstration of the myriad ways that the world-wide response to the pandemic, however inadequate, dismantled the pillars of neoliberal governance. Yet they also critique the elitist complicity of Tooze’s methodological commitment to historical immanence and inevitability, tracing such impulses to back to John Maynard Keynes’ fatal dismissal of Abba Lerner’s proposal to do away with balanced budgets and revenue-constraints. For the Superstructure crew, by contrast, proceeding “in medias res,” as Tooze puts it, requires an abolitionist attunement to genuine conditions of injustice and possibility, from #Defund and ongoing labor strikes to contests over #MintTheCoin and the Green New Deal. During the conversation, wisecracks and burns abound, per usual. This one, too, is packed with citations, including loving shoutouts to David Stein, Jakob Feinig, Mariame Kaba, Dan Berger, Emily Hobson, Alex Yablon, Nathan Tankus, and Rohan Grey.Link to our Patreon: www.patreon.com/MoLsuperstructureMusic: “Yum” from “This Would Be Funny If It Were Happening To Anyone But Me” EP by flirting.http://flirtingfullstop.bandcamp.comTwitter: @actualflirting

In this bonus episode, Rohan Grey speaks with Philip Diehl about #MintTheCoin in the wake of this season’s debt limit showdown. Director of the United States Mint under President Bill Clinton from 1994 to 2000, Diehl is best known today as the person most responsible for 31 U.S. Code 5112(k). The law permits the Treasury Secretary to “mint and issue platinum bullion coins and proof platinum coins in accordance with such specifications, designs, varieties, quantities, denominations, and inscriptions as the Secretary, in the Secretary’s discretion, may prescribe from time to time.” This clause charts a completely constitutional path to avert recurrent debt crises and furnishes a ready framework for a new kind of radical financial literacy. No wonder why much ink has been spilled and many hands have been wrung trying to explain away or dismiss its radical implications. Grey’s conversation with Diehl explores the history of the platinum coin, offering a fascinating and unprecedented behind-the-scenes glimpse of life in the U.S. Mint.Visit our Patreon page here: https://www.patreon.com/MoLsuperstructureMusic by Nahneen Kula: www.nahneenkula.com

We are thrilled to present the very first Superstructure episode rereleased with a brand new transcript, brought to you by the generous effort of friend-of-the-show, Mike Lewis. Framed by a cold open from Chapo Trap House’s recent Bernie retrospective, hosts Will Beaman and Maxximilian Seijo inaugurate the Superstructure podcast with a discussion of the failures of a reified left wing imagination. To chart a path forward for an MMT-informed leftist praxis, they critique reductive castigations of spectacle, damaging affirmations of scarcity and zero-sum politics as well as a burgeoning ‘anti-woke’ left-right coalition.Transcript: Mike LewisLink to the transcript: https://moneyontheleft.org/2021/10/09/critique-after-bernie-new-transcript/Link to our Patreon: www.patreon.com/MoLsuperstructureMusic: “Yum” from “This Would Be Funny If It Were Happening To Anyone But Me” EP by flirting.flirtingfullstop.bandcamp.comTwitter: @actualflirting

Anna Kornbluh joins Money on the Left to discuss the politics of form and literary realism as theorized in her provocative book, The Order of Forms: Realism, Formalism, and Social Space (University of Chicago Press, 2019). In The Order of Forms, Kornbluh lays bare the problematic “anarcho-vitalist” underpinnings of neoliberal discourse which, she argues, also inform much  critical theory and left critique. In contrast, she upholds the necessity, malleability, and contestability of social form. Focusing, in particular, on English novels from Wuthering Heights to Alice in Wonderland, Kornbluh reads myriad nineteenth-century literary realisms as at once speculative and generative abstractions, capable of newly mapping and scaffolding social space. At the same time as forms might oppress, she concludes, abstractions also liberate. Wrapping up the conversation, Kornbluh considers how the politics of form reorient our approaches to contemporary academic labor, pedagogy, and learning.  Kornbluh is Professor of English at the University of Illinois, Chicago. Her research and teaching center on the novel, film, and theory, especially formalism, marxism, and psychoanalysis. Kornbluh is the author of Marxist Film Theory and Fight Club (Bloomsbury 2019), and Realizing Capital (Fordham 2014), and has just completed a manuscript "Immediacy, Or, The Style of Too Late Capitalism." She is a founding facilitator for The V21 Collective (Victorian studies for the 21st Century) and InterCcECT (The Inter Chicago Circle for Experimental Critical Theory).Find Anna Kornbluh on Twitter @V21collectiveVisit our Patreon page here: https://www.patreon.com/MoLsuperstructureMusic by Nahneen Kula: www.nahneenkula.com

In this special episode, Rohan Grey joins Billy Saas to discuss the latest episode in the #MinttheCoin saga. Rohan Grey is Assistant Professor of Law in the College of Law at Willamette University.Read his article on the trillion-dollar coin in the Kentucky Law Journal titled “Administering Money: Coinage, Debt Crises, and the Future of Fiscal Policy” here: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3536440John Stewart on the trillion-dollar coin in 2013: https://www.cc.com/video/t24pv8/the-daily-show-with-jon-stewart-the-trillion-dollar-coinJames Buchanan and Paul Samuelson in John Maynard Keynes: Life, Ideas, Legacy documentary: https://youtu.be/JpIJvAt3dTc?t=3105  Visit our Patreon page here: https://www.patreon.com/MoLsuperstructureMusic by Nahneen Kula: www.nahneenkula.com

This Money on the Left/Superstructure episode is the eleventh premium release from Scott Ferguson's "Neoliberal Blockbuster" course for Patreon subscribers.  Typically reserved for Patreon subscribers, this special two-part episode about Toy Story is available to the general public in full.  For access to the rest of the course, subscribe to our Patreon here: https://www.patreon.com/MoLsuperstructure.  If you are interested in premium offerings but presently unable to afford a subscription, please send a direct message to @moneyontheleft or @Superstruc on Twitter & we will happily provide you with membership access.  Course DescriptionThis course examines the neoliberal Blockbuster from the 1970s to the present. It focuses, in particular, on the social significance of the blockbuster's constitutive technologies: both those made visible in narratives and the off-screen tools that drive production and reception. Linking aesthetic shifts in American moving images to broader transformations in political economy, the course traces the historical transformation of screen action from the ethereal “dream factory” of pre-1960s cinema to the impact-driven “thrill ride” of the post-1970s blockbuster. In doing so, we attend to the blockbuster’s technological forms and study how they have variously contributed to social, economic, and political transformations over the past 40 years. We critically engage blockbusters as "reflexive allegories" of their own technosocial processes and pleasures. Above all, we think through the blockbuster's shifting relationship to monetary abstraction and the myriad additional abstractions monetary mediation entails.Blockbusters:2001: A Space Odyssey (Stanley Kubrick, 1968)Jaws (Steven Spielberg, 1975)Star Wars (George Lucas, 1977)RoboCop (Paul Verhoeven, 1987)Toy Story (John Lasseter, 1995)Jurassic Park (Steven Spielberg, 1993)The Matrix (Wachowskis, 1999)Avengers: Infinity War (Joe & Anthony Russo, 2018)

CW: trauma, abuseWill Beaman draws on personal experiences to reflect on how the problematic reduction of “deradicalization” to dialogues between fascists and anti-fascists resembles other forms of emotional and relational abuse. When the imperatives of “coalition-building” require victims of right wing violence to double down on dialogues with hostile interlocutors, the supposedly public realm of ideas resembles an abusive household, in which leaving is not an option. After a cold open from Briahna Joy Gray’s recent interview with Talia Lavin on the “Bad Faith” podcast, Will suggests that distinctly non-carceral and non-“paid for” modes of institutional mediation are necessary for deradicalization to be something more than the emotional blackmail of victims via toxic social norms.

In this special episode, hosts Natalie Smith and @moltopopulare take on the austere sexual politics promulgated by cultural critic and commentator Elizabeth or “Liz” Bruenig. Mirroring the tacit zero-sum logics built into her spouse Matt Bruenig’s analyses of political economy, Liz regularly weaponizes social conservatism and conformity in cruel efforts to shore up a problematic vision of a proper social democratic populace. Natalie and Charlotte lay bare the sadistic violation of sexual freedom and identity that forms the core of Liz's project by examining a wide range of articles on topics such as queer celibacy, the politics of pornography, and 50 Shades of Gray.Link to our Patreon: https://www.patreon.com/MoLsuperstructureMusic: “Yum” from “This Would Be Funny If It Were Happening To Anyone But Me” EP by flirting.http://flirtingfullstop.bandcamp.comTwitter: @actualflirting

Co-hosts Will Beaman, Natalie Smith, and Maxximilian Seijo discuss recent critiques of the Sunrise Movement by influential members of the Democratic Socialists of America (DSA) on social media and in the pages of Jacobin Magazine. Problematizing the DSAers destructive zero-sum rhetoric regarding the allegedly correct “theory of change,” the gang suggests an alternative mode for organizational provisioning, rooted in neither the sovereignty of a dues-paying membership structure nor the sovereignty of “outside” donors. It is impossible to take part in an interdependent social organization that knows no externality because everyone is responsible to everyone else, whether inside or outside a particular organization. Misunderstanding inter-organizational dependence, the Superstructure co-hosts argue, has led these writers to accuse Sunrise of “social disembeddedness,” a reactionary charge with little basis in reality. In contrast, the Superstructure team proffers a self-consciously generative and analogical model of social coordination that opens organizational activity to diversity and difference.Music: “Yum” from “This Would Be Funny If It Were Happening To Anyone But Me” EP by flirting.http://flirtingfullstop.bandcamp.comTwitter: @actualflirting

Graham Hubbs speaks with Scott Ferguson and Andrés Bernal about the relationship between Modern Monetary Theory and philosophy. Associate Professor & Chair of the Department of Politics & Philosophy at the University of Idaho, Hubbs convened a conference panel on Modern Monetary Theory at the annual meeting of the American Philosophical Association in January 2021. He invited Editorial Collective members Bernal and Ferguson to join him on the panel, where they shared and discussed his original paper, titled “The Promises & Challenges of Modern Monetary Theory.” In this episode, we present the full audio of Professor Hubbs’ presentation, as well as Scott Ferguson's response and reflections. A very engaged question and answer period follows, rounding out this special episode. Thank you to the American Philosophical Association for sharing this audio with us, and to the Philosophy, Politics, & Economics Society for creating space for this important panel at the meeting.Theme music by (forthcoming)Link to our Patreon: www.patreon.com/MoLsuperstructureLink to our GoFundMe: https://charity.gofundme.com/o/en/campaign/money-on-the-left-superstructure