In the present techno-political moment it is clear that ignoring or dismissing the hype surrounding blockchain is unwise, and certainly for regulatory authorities and governments who must keep a grip on the technology and those promoting it, in order to ensure democratic accountability and regulatory legitimacy within the blockchain ecosystem and beyond. Blockchain is telling us something very important about the evolution of capital and neoliberal economic reason, and the likely impact in the near future on forms and patterns of (...) work, social organization, and, crucially, on communities and individuals who lack influence over the technologies and data that increasingly shape and control their lives. In this short essay I introduce some of the problems in the regulation of blockchain and offer counter-narratives aimed at cutting through the hype fuelling the ascendency of this most contemporary of technologies. (shrink)

Chibber’s The Class Matrix and Confronting Capitalism aim to rescue class from the cultural turn. Rather than thinking that mass media mollified the working class, he suggests we re-investigate capitalism itself. We can then see how hard capitalism makes it to take risks for the collective. Chibber’s solution is to shift people from ‘individualistic to solidaristic’ ways of thinking through lived practices, rather than the arts. This review argues, however, that by excluding the culture industry from encouraging solidaristic ways of (...) thinking, Chibber removes a crucial tool in the socialist armory: the way in which artistic representations can help us see ourselves and the world differently. (shrink)

This article explores how Britain’s Black Power movement challenged the political outlook of the anti-fascist left in the 1960s–70s. While the established left interpreted the National Front (NF) as an aberrant threat to Britain’s social democracy, Black political groups foregrounded the systemic racial violence of the British state. By addressing intensifying racial oppression during a critical early phase in the transition to neoliberalism, they prefigured Stuart Hall’s analysis of ‘authoritarian populism’. The British Black Power movement especially criticised the high-profile Anti-Nazi (...) League (ANL) for its singular focus on the NF, which was framed as a revived Hitlerite peril. For British Black radicals, the larger strategic problem was the populist racism, inflected by imperial nostalgia, which propelled Thatcher’s New Right to power. Instead of narrow Nazi analogies, they related the re-emergence of white nationalism to British social democracy’s racist treatment of Black immigrants, as well as its neocolonial role abroad. (shrink)

Over time, the quantitative difference grows between what Marx wrote and what those coming after Marx have written. However, rather than a process in which those following have built constructively...