№ 2026.Jul.14-001
Timothy Mitchell says that capital is not saved out of the past but captured from the future. In NLR 159, Copley takes this thesis apart for you — Uber lives not on innovation but on the expectation of monopoly; the valuations of the stock market are not an index of productivity but a plan for the plunder of the future.
№ 2026.Jul.14-005
Jonathan Levy has written an epic history of American capitalism arguing that the profit motive has never been sufficient to drive long-term development. In NLR 159, Moreno Zacarés says: the instinct is right but the foundations are unsound — you take Keynes's theory of hoarding as the skeleton and fill in the flesh with a Smithian commercial narrative, and the two pull each other apart.
№ 2026.Jul.09-001
Every few years the left holds a funeral for neoliberalism. The ideology is indeed rotting, the policies have changed their face, but Sperber is right in NLR 158 — the coffin is empty. The layer that decides who eats meat and who drinks soup hasn't been touched at all.