Why Neoliberalism Won

Social-democratic politics have been part of the socialist movement for over a century. Some features, like the commitment to pursuing economic rights for the working class via the state, have remained consistent over time. But when did social-democratic ambitions to overthrow capitalism turn into efforts to reform the system? In this episode of Confronting Capitalism, Vivek Chibber takes a broad look at the early agenda of social-democratic parties. Through an examination of their views on the state, class, and socialism, he unpacks social democracy’s relationship to the Left’s politics today. The latest issue of Catalyst is out and you can subscribe for just $20 using the code CONFRONTINGCAPITALISM: https://catalyst-journal.com/subscribe/?code=CONFRONTINGCAPITALISM Have a question for us? Write to us by email: [email protected]

While Democrats recently scored some much-needed electoral wins, the party remains in crisis. Recent reports like Welcome PAC’s “Deciding to Win” argue that the Democrats must drop unpopular cultural positions and recenter economic demands. Can a populist economic agenda shorn of unpopular identity politics get the party back on track? On this episode of Confronting Capitlism, Vivek Chibber evaluates these reports and examines the pros and cons of this approach. Based on recent polling data, working class voters have rejected elitist cultural demands but support social-democratic economic solutions. The latest issue of Catalyst Journal is out and you can subscribe for just $20 using the code CONFRONTINGCAPITALISM: https://catalyst-journal.com/subscribe/?code=CONFRONTINGCAPITALISM Have a question for us? Write to us by email: [email protected] Confronting Capitalism with Vivek Chibber is produced by Catalyst: A Journal of Theory and Strategy and published by Jacobin. Music by Zonkey.

Neoliberalism’s victory over Keynesianism wasn’t an intellectual revolution — it was a class offensive. Vivek Chibber unpacks how employers and political elites turned economic turmoil into an opportunity to reshape society on their terms. The latest issue of Catalyst is out and you can subscribe for just $20 using the code CONFRONTINGCAPITALISM: https://catalyst-journal.com/subscribe/?code=CONFRONTINGCAPITALISM Have a question for us? Write to us by email: [email protected]

Grab your coffee and your backpack — it's time for Professor Chibber's Office Hours! On this episode of Confronting Capitalism, Vivek answers YOUR questions. We received so many interesting and thoughtful emails from listeners, we decided to dedicate a whole podcast to them. Vivek talks about how socialists should confront discrimination in their organizing, the relevance of the concept of monopoly capitalism, and the class implications of home ownership. The latest issue of Catalyst is out and you can subscribe for just $20 using the code CONFRONTINGCAPITALISM: https://catalyst-journal.com/subscribe/?code=CONFRONTINGCAPITALISM Have a question for us? Write to us by email: [email protected]

In this tumultuous political era, it’s common to hear that the Left needs to rebuild its historic sources of power. But it’s more accurate to say that the Left is essentially in the process of starting over again. On this episode of Confronting Capitalism, we share Vivek Chibber’s keynote address at the Jacobin conference, “Socialism in Our Time,” which marked the 15th anniversary of the magazine. He discusses how capitalism has changed since the turn of the century, how the Left has been neoliberalized, and why Zohran Mamdani’s campaign may point in a new direction. The latest issue of Catalyst is out and you can subscribe for just $20 using the code CONFRONTINGCAPITALISM: https://catalyst-journal.com/subscribe/?code=CONFRONTINGCAPITALISM Have a question for us? Write to us by email: [email protected]

It’s well understood that capitalist economies are a recent development in human history. But there is persistent disagreement on the Left over exactly how and where the transition to capitalism occurred, as well as what role colonial plunder played in enriching the West. On this episode of Confronting Capitalism, Vivek Chibber explains the origins of capitalism, what primitive accumulation means, and how colonialism actually affected European development. The latest issue of Catalyst is out and you can subscribe for just $20 using the code, CONFRONTINGCAPITALISM: https://catalyst-journal.com/subscribe/?code=CONFRONTINGCAPITALISM Have a question for us? Write to us by email: [email protected]

Populism is in the air, providing unique opportunities and challenges to the Left. On this episode of Confronting Capitalism, Vivek Chibber discusses how populist sentiment — popular anger at elites and a demand for economic redress — helped socialists reinsert economics back into politics. Recent electoral victories, such as Zohran Mamdani’s win in the New York City Democratic primary, have shown the success of centering material demands with widespread appeal. While not populist in the classic sense, campaigns like Mamdani’s have been able to harness this broader mood of popular discontent. The strategy is not without its limitations, but it holds important lessons for how the Left can reshape a political environment that has been hostile to workers for decades. The latest issue of Catalyst is out, and you can subscribe for just $20 using the code CONFRONTINGCAPITALISM: https://catalyst-journal.com/subscribe/?code=CONFRONTINGCAPITALISM Have a question for us? Write to us by email: [email protected]

Utilizing class analysis is the bread and butter of socialist politics. But understanding how classes are shaped and reproduced has changed over time. On this episode of Confronting Capitalism, Vivek Chibber breaks down how the Marxist tradition has theorized class, the difference between a class in itself and a class for itself, and how class analysis is used within political organizing. The latest issue of Catalyst Journal is out and you can subscribe for just $20 using the code, CONFRONTINGCAPITALISM: https://catalyst-journal.com/subscribe/?code=CONFRONTINGCAPITALISM Have a question for us? Reach out here: [email protected]

The “professional managerial class” has become a staple of political debate on the Left. In this episode of Confronting Capitalism, Vivek Chibber explains why the “PMC” is better understood as a heterogeneous layer within capitalism rather than a distinct class, how and why the middle strata have expanded, and what has pushed so many professionals toward anti-capitalist politics. While skeptical of the PMC as a precise analytical category, Chibber argues that the term still captures something real about one of the most politically influential groups in modern America. The latest issue of Catalyst is out, and you can subscribe for just $20 using the link below: https://catalyst-journal.com/subscribe/?code=CONFRONTINGCAPITALISM

Democratic voters are enraged by their party’s spineless “resistance” to the Trump administration’s draconian agenda. But the party’s dysfunction goes far deeper than just cowardly, uninspiring leaders. On this episode of Confronting Capitalism, Vivek Chibber speaks with Philip Rocco about how the Democrats’ abandonment of organized labor has resulted in a party that is ineffective at fighting the right or putting forward a compelling political vision. Read Philip Rocco’s essay here: https://catalyst-journal.com/2025/07/why-the-democrats-are-so-useless