Acknowledgements
Introduction: Make the Left Great Again
Part I: The Great Transformation Redux: From Keynesianism to
Neoliberalism – and Beyond
1. Broken Paradise: A Critical Assessment of the Keynesian ‘Full
Employment’ Era
2. Destined to Fail: Understanding the Crisis of Keynesianism and
the Rise of Neoliberalism
3. That Option No Longer Exists: How Britain, and the British
Labour Party, Fell into the Monetarist Trap
4. The Paris Consensus: The French Left and the Creation of
Neoliberal Europe
5. The State Never Went Away: Neoliberalism as a State-driven
Project
6. Après Elle, le Déluge: Are We Entering a Post-Neoliberal
Age?
Part II: A Progressive Strategy for the Twenty-First Century
7. Towards a Progressive Vision of Sovereignty
8. A Government is Not Like a Household: An Introduction to Modern
Monetary Theory
9. I Have a Job for You: Why a Job Guarantee is Better than a Basic
Income
10. We Have a (Central) Plan: The Case of Renationalisation
Conclusion: Back to the State
Notes
Index
William Mitchell is Professor of Economics at the University of
Newcastle, Australia. He is considered one of the world's
leading heterodox economists and is the author of Reclaiming the
State (Pluto, 2017).
Thomas Fazi is a writer, journalist, translator and researcher. His
articles have appeared in numerous publications. He is the author
of The Battle for Europe (Pluto, 2014)
and Reclaiming the State (Pluto, 2017), co-authored with
William Mitchell.
'Prepare to be blown away and forget what you think you knew about
money'
*Independent*
'This is an excellent book. Anyone who wants to understand why
social democratic parties are in crisis across Europe should read
it.'
*Larry Elliott*
'Important... An essential building-block for a constructive debate
on a post-Brexit democratic politics'
*Wolfgang Streeck, Max Planck Institute for the Study of Societies,
Cologne*
'Fascinating'
*Heiner Flassbeck, Heiner Flassbeck, former German Vice-minister
for Finance*
'Essential reading for anyone who wants to understand the Corbyn
phenomenon in the UK'
*Eurointelligence*
'Mitchell and Fazi convincingly show that the state continues to be
at this critical point of history an unavoidable bottleneck...
which ought to be reclaimed and subverted if we are to transform
societies to the benefit of the peoples'
*Sergi Cutillas, Economist and Researcher*
'Will surely come to be seen as one of the more important social
science works of our time'
*Anthony Coughlan, Village*
'Provides an excellent study of post-war economic history and a
perceptive analysis of the options available for the future'
*Counterfire*
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