Bungacast
On political capitalism and divided workers. Sociology professor at UC Berkeley, Dylan Riley, talks to Alex and Lee about economic stagnation, the state propping up capitalism, and class politics. * What is "political capitalism"? And is it true that plunder and predation matter more now than exploitation? * Why hasn't the ruling class purged the system through mass bankruptcies and unemployment? * How does Chinese state capitalism fit into the story of stagnation and excess capacity? * What is the difference between economic interests and class interests? How is the working class divided today? * Is there a way out of the impasse? What possibility is there of a pro-growth politics? –> For more like this, subscribe: patreon.com/bungacast [https://patreon.com/bungacast] <– Links: Relevant Episodes * /312/ Consolation-Prize Marxism & the Bunga-Bunga State ft. Dylan Riley [https://bungacast.podbean.com/e/312-consolation-prize-marxism-the-bunga-bunga-state-ft-dylan-riley/] * /515/ State Capitalism Is Now ft. Ilias Alami [https://bungacast.com/2025/10/13/515-state-capitalism-is-now-ft-ilias-alami/] Riley & Brenner * Seven Theses on American Politics [https://newleftreview.org/issues/ii138/articles/dylan-riley-robert-brenner-seven-theses-on-american-politics], New Left Review, 2022 * The Long Downturn and Its Political Results [https://newleftreview.org/issues/ii155/articles/dylan-riley-robert-brenner-the-long-downturn-and-its-political-results], New Left Review, 2025 Some Key Responses * Reflections on Political Capitalism [https://newleftreview.org/issues/ii142/articles/lola-seaton-reflections-on-political-capitalism], Lola Seaton, New Left Review, 2023 * Notes on ‘Political Capitalism’, [https://www.unpopularfront.news/p/notes-on-political-capitalism] John Ganz * Seven Theses on Brenner and Riley's "Political Capitalism" [https://ourtime.substack.com/p/seven-theses-on-brenner-and-rileys], Tim Barker * Robert Brenner’s Unprofitable Theory of Global Stagnation [https://jacobin.com/2023/09/robert-brenner-marxist-economics-falling-rate-of-profit-stagnation-overcapacity-industrial-policy], Seth Ackerman, Jacobin * From Politics to Theory and Back [https://www.damagemag.com/p/from-politics-to-theory-and-back], Benjamin Fong, Damage Notable pieces in Sidecar by Dylan * Lenin in America [https://newleftreview.org/sidecar/posts/lenin-in-america] * First Principles [https://newleftreview.org/sidecar/posts/first-principles?pc=1739] * Contra Arendt [https://newleftreview.org/sidecar/posts/contra-arendt]
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