There Is Nothing Natural About “the Market”

After his death, the followers of economist John Maynard Keynes embraced the myth of a “natural” market economy that required “intervention” from the government to keep it stable. But there is nothing natural about the market — and the Keynesians’ mistake led to a withering of the radical potential of Keynes’s ideas.

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  • Issue No. 37 out now!
  • Spring 2020

Pandemic Politics

In this issue

No Act of God

Hurricanes, pandemics, and droughts are acts of God. Private markets in housing, health care, and food — and the resulting deaths — are not.

St. Louis’s Shameful Workhouse Jail Must Be Shut Down

In St. Louis, the demand to defund the police has dovetailed with long-lasting struggles against cash bail and the abuse of prisoners. The Board of Aldermen’s passing of a bill that promises to start closing the city’s most notorious jail reflects the movement’s strength — but also the need for pressure to ensure that abolitionist demands are not watered down into merely cosmetic reforms.

Why the Superrich Keep Getting Richer

Billionaires like Jeff Bezos aren’t obscenely wealthy because they work harder than everyone else or they’re more innovative. They’re obscenely wealthy because their corporate empires drain society’s resources — and we’d all be better off without them.

AOC’s Anti-Sexism Speech Yesterday Was a Triumph

Alexandria Ocasio-Cortez’s blistering speech yesterday powerfully connected her experience of sexism with the broader issues of patriarchy and workplace harassment. It was proof, once again, that it’s very nice having democratic socialists in office.

Michael Brooks Was a True Internationalist

Michael Brooks believed that every person, regardless of where they were born or where they lived, was worthy of fundamental human respect — and his dream was to create a more just world, not only for Americans, but for every working person on Earth.

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Jacobin is a leading voice of the American left, offering socialist perspectives on politics, economics, and culture.

$19.95
1 Year | 4 Issues
Digital Subscription
$29.95
1 Year | 4 Issues
Print + Digital Subscription