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Leo Panitch

Leo Panitch is Canada Research Chair in Comparative Political Economy and Distinguished Research Professor of Political Science at York University. Editor of The Socialist Register for 25 years, his many books include Working Class Politics in CrisisA Different Kind of StateThe End of Parliamentary Socialism, and American Empire and The Political Economy of Global Finance.

Blog

  • Remembering Tony Benn


    On March 27th, mourners from across the political spectrum gathered to bid farewell to Tony Benn. In order not to dilute his memory and political audacity into bland commemorative rhetoric, we publish an extract from Leo Panitch and Colin Leys’s
    The End of Parliamentary Socialism that highlights Tony Benn’s importance for the British Left.

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  • Post-crash economics: a reading list

    Neoliberal economics isn't working and students are demanding more from their course reading than the 8th edition of Macroeconomics can provide. Following the news that Economics students in Manchester have formed the Post-Crash Economics Society and Aditya Chakrabortty's excoriating and controversial commentary on the state of contemporary economics, published in the Guardian this week, Verso presents a reading list of economics titles which challenge the mainstream neoliberal consensus and offer powerful alternative models in contemporary economics.
     


    First on our list, and referenced by Chakrabortty, Never Let a Serious Crisis Go to Waste: How Neoliberalism Survived the Financial Meltdown by Philip Mirowski
    Following the financial crisis, how have banks and the financial services industry manage to stay on top in the political stakes; indeed, how has their recovering led to an upturn in their fortunes? Philip Mirowski explores how financial capitalism has turned the crisis to their advantage, leveraging state power to prop up free market capitalism.

    Another new release from Verso is Costas Lapavitsas' book on financialisation, Profiting Without Producing: How Finance Exploits Us All. Described as "a masterpiece on the financialized capitalism of our age", the book looks at the rise of financial profit as a key aspect of the economy, and the role of financialized capitalism in the current economic crisis.

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  • Tony Benn 1925 – 2014



    "Our society, as it is now structured, consists still of a few individual successes built upon a pedestal of statutory failure – economic failure, educational failure, or failure of some other sort. The whole competitive idea that a nation must have so many failures in order to produce one success is ludicrous yet it is the foundation of capitalist ideology. Why do we describe so many people as having failed? Why are we not able to recognize that in any society the richest resource is people? Why is it that people when they do have the free time now available to them do not have the facilities for discovering the potential that lies within them? Asking questions like this, you come to realize that at the deepest level socialism must mean liberation."

    – Tony Benn, Parliament, People and Power: Agenda for a Free Society




    Read Leo Panitch's tribute to the Benn in the Guardian.

    Read Tony Benn's introduction to Gerrard Winstanley's A Common Treasury on our blog here.

Books