Confronting Capitalism with Vivek Chibber

Over time, the Soviet Union developed a system of centralized planning that became synonymous with socialism. How did the system work? What did it get right? And why did it ultimately become so associated with shortages and stagnation? On the latest episode of Confronting Capitalism, Vivek Chibber and Melissa Naschek discuss the ambitions and challenges of economic planners, and why the defects may be hardwired into the structure of central planning. 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 Read show transcripts here: confrontingcapitalism.substack.com Have a question for us? Write to us by email: confronting.capitalism@jacobin.com

How effective has the Left’s political strategy been since the first Bernie Sanders campaign? And how has our relationship to the Democratic Party changed? On this special episode of Confronting Capitalism, recorded live at Littlefield in Brooklyn on April 6, Vivek Chibber and Melissa Naschek are joined by Krystal Ball and Matt Karp to discuss how class politics can convert popular anger into durable power — and why rebuilding labor is the precondition for any serious democratic renewal. 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: confronting.capitalism@jacobin.com

The US-Israeli war against Iran may have been initiated without any coherently stated goals or popular support, but we can already see that it’s a horrific quagmire. It also doesn’t look like Trump and Israel will get the swift Iranian regime change they hoped for. On the latest episode of Confronting Capitalism, Vivek Chibber is joined by Jason Brownlee, a professor of government at the University of Texas Austin, to discuss the history of regime change wars, the geopolitical interests in the Middle East, and Trump’s further descent into the neoconservative blob. Read Jason’s most recent Catalyst essay here: https://catalyst-journal.com/2021/03/shadow-wars-and-corporate-welfare Interested in attending our live show? Sign up here: https://www.eventbrite.com/e/jacobin-who-speaks-for-the-working-class-majority-tickets-1984301239423 TICKETS: $10 solidarity rate. $20 standard entry. Seats are first come, first served. 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: confronting.capitalism@jacobin.com__

The developments in artificial intelligence appear to promise a radical transformation of modern work. But what happens if AI turns out to be much more like previous waves of technological change? In this episode of Confronting Capitalism, Vivek Chibber and Melissa Naschek discuss the history of automation, the effects of technology on employment and wages, and why socialists should want to harness AI to create human flourishing. Join Confronting Capitalism for a live recording in Brooklyn on April 6! Find more details and RSVP here: https://www.eventbrite.com/e/jacobin-who-speaks-for-the-working-class-majority-tickets-1984301239423 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: confronting.capitalism@jacobin.com

While European labor movements established foundations for their welfare states in the late 19th century, it was not until the New Deal that the US began instituting policies like unemployment insurance and old-age pensions. But although working-class struggle was also key to this success, several unique factors in American history proved an impediment to more egalitarian policies. In this episode of Confronting Capitalism, Vivek Chibber and Melissa Naschek continue their deep dive into the history of social democracy. Together, they look at the impacts of craft unionism, mass immigration, racial tensions, and employer violence in explaining American exceptionalism. Join Confronting Capitalism for a live recording in Brooklyn on April 6! Find more details and RSVP here: https://www.eventbrite.com/e/jacobin-who-speaks-for-the-working-class-majority-tickets-1984301239423 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: confronting.capitalism@jacobin.com

Over the past year, Democrats have learned to embrace economic abundance thanks to Ezra Klein and Derek Thompson’s bestselling book. But is this the same kind of abundance the Left has traditionally argued for? In this episode of Confronting Capitalism, Vivek Chibber is joined by Matt Huber, co-author alongside Fred Stafford and Leigh Phillips of a new Catalyst essay titled “The Left Has Always Fought for Abundance.” Together, they discuss the need for an energy infrastructure build out, the historic origins of stagnant state capacity, and what socialist abundance entails. Read the essay here: https://catalyst-journal.com/2025/12/the-left-has-always-fought-for-abundance 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: confronting.capitalism@jacobin.com

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: confronting.capitalism@jacobin.com

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: confronting.capitalism@jacobin.com

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: confronting.capitalism@jacobin.com

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: confronting.capitalism@jacobin.com

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

US strikes on Iranian nuclear sites last month were a dangerous escalation in the ongoing conflict with Iran. But while a ceasefire has remained in place, there’s good reason to believe that Iranian regime change isn’t off the table just yet. On this episode of Confronting Capitalism, Vivek Chibber looks back on how the US pursued regime change in Iraq and why that disastrous invasion may wind up being the playbook again in Iran.

The Left often invokes the media’s power of persuasion to explain why people accept their situation within capitalism. But what if instead the system remains stable by “the dull compulsions” of economic life? In this episode of Confronting Capitalism, Vivek Chibber discusses the difference between consent and coercion, the real role of the media, and the conditions for organized resistance.