Albena Azmanova’s latest book, Capitalism on Edge, provocatively insists: “Capitalism is not on its deathbed, utopia is not in our future, and revolution is not in the cards. And yet, the time is ripe for radical progressive change.” In conversation with James Galbraith, Azmanova discusses these claims and more – from the rise of global precarity to the future of capitalism.
- 0:00 Introduction
- 0:50 Panel begins
- 7:05 – 8:11 Albena Azmanova argues that capitalism is “on edge,” not in crisis or on the verge of collapse.
- 12:16 – 12:28 James Galbraith temporalizes precarity vs. inequality, arguing that precarity is something that stretches into the future and inequality is something we measure in a particular moment.
- 20:27 – 26:40 Albena Azmanova defines and unpacks the two contradictions of contemporary capitalism: surplus employability and acute job dependency.
- 31:39 – 33:24 Albena Azmanova offers three strategies to offset precarity: work time reduction, voluntary employment flexibility, and universal minimum employment.
- 37:20 – 40:07 In response to a question, Albena Azmanova explains the limits of inequality as an analytical tool.