Reclaiming the State

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.

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