Introduction Part One: 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 (late 1960s-late 1970s) 4. The Paris Consensus: the French Left and the Creation of Neoliberal Europe (1981-1995) 5. The State Never Went Away: Neoliberalism as a State-driven Project 6. Apres elle, le deluge: Are we Entering a Post-neoliberal Age? Part Two: A Progressive Strategy For The 21st Century 7. Towards a Progressive Vision of Sovereignty 8. A Currency-issuing 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 for Re-nationalisation Conclusions Notes Index
William Mitchell is Professor of Economics and Director of the Centre of Full Employment and Equity at the University of Newcastle, Australia. He is the author of various books including Eurozone Dystopia (Elgar, 2015) and Reclaiming the State (Pluto, 2017). He is considered one of the world's leading heterodox economists and his ideas have been adopted by the Labour Party. 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.
'Provides an excellent study of post-war economic history and a perceptive analysis of the options available for the future' -- Counterfire 'Will surely come to be seen as one of the more important social science works of our time' -- Anthony Coughlan, Village '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 'Essential reading for anyone who wants to understand the Corbyn phenomenon in the UK' -- Eurointelligence 'Fascinating' -- Heiner Flassbeck, Heiner Flassbeck, former German Vice-minister for Finance '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 'This is an excellent book. Anyone who wants to understand why social democratic parties are in crisis across Europe should read it.' -- Larry Elliott 'Prepare to be blown away and forget what you think you knew about money' -- Independent