Rethinking Political Economy

This series asks how we build a new world after forty years of market fundamentalism. We debate new ways to think about protecting the planet, the relationship of equality and democracy, the need for racially inclusive prosperity, the promise of industrial policy, the dangers of concentrated economic power, and a revival of investment in public goods.

Generously supported by the William and Flora Hewlett Foundation

Budgeting Justice

Cities must empower historically marginalized communities to shape how public funds are spent.

The Fight for Reparations Cannot Ignore Climate Change

Racial redress should be modeled on the global anticolonial tradition of worldbuilding.

The Deep Structure of Democratic Crisis

The real source of the threat to American democracy.

Misreading Inflation

Why we should err on the side of inaction—and why we won’t.

Competition Is Not the Cure

Monopoly power has certainly harmed workers, but the solution should be a wholesale rethinking of economic policy—not an embrace of perfectly competitive markets.

Demanding Justice for the Living

Derecka Purnell discusses her new book Becoming Abolitionists, how she came to join the movement against policing and prisons, and what a just world looks like.

A Path to Neighborhood Power

Well-meaning nonprofits don’t go far enough in the fight against gentrification. Residents themselves must be in charge, and neighborhood trusts point the way.

Demand the Imaginable

Intrinsic to what we hate about work is that we can’t imagine life outside of it.

What Silicon Valley Gets Wrong about Innovation

To generate local, inclusive prosperity, cities must think beyond tech accelerators and science parks.

How Emerging Markets Hurt Poor Countries

Financial globalization was supposed to spur development. Instead it transfers money to the Global North and exacerbates existing inequalities.

Is Nuclear Power Our Best Bet Against Climate Change?

Beyond carbon emissions and safety, the debate must also confront how the choices we make now constrain the kind of world we can build in the future.

Industrial Policy’s Comeback

We need a mission-oriented approach to the economy that embraces an active role for government in spurring growth and innovation.

The Specter of Inflation

Democrats don’t lose elections because of rising prices. They lose when they cut spending and raise interest rates, sacrificing other goals at the altar of price stability.

Beyond Neoliberal Trade

With globalization under increasing scrutiny, national governments are poised to exert more power over markets.

Here Come the Robot Nurses

The pandemic increased demand and possibilities for automating care, but doing so may deliver racist stereotypes and unemployment for women of color.

Workplace Training in the Age of AI

To support the work of the future, we must promote workers’ skills as crucial to technological progress.

We Don’t Know, But Let’s Try It

For economist Albert O. Hirschman, social planning meant creative experimentation rather than theoretical certainty.

Stop Building Bad AI

Justice demands that we think not just about profit or performance, but above all about purpose.

Why Neoliberalism Needs Neofascists

We’re witnessing the last-ditch effort of neoliberal capitalism to rescue itself from crisis.

What Is Infrastructure, Anyway?

The fight over the American Jobs Plan reflects a long history of competing visions of public works—and, most of all, who should benefit from rebuilding.

Neoliberalism’s Bailout Problem

Mainstream economics ignores the massive government interventions that “free market” capitalism requires.

Our Insurance Dystopia

Private insurance companies have long dominated the provision of social security in the United States, but resistance is growing.

What Isn’t Taught in Israeli Schools

A Palestinian mother’s perspective.

In the Common Interest

How a grassroots movement of American farmers laid the foundation for state intervention in the economy.

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