Taking Off the Straitjacket and Running the Asylum

The Soapbox Issue 31

All That Was Solid

Economic historian Adam Tooze on a decade of shattered illusions and the limits of the neoliberal imagination.

The Minsky Millennium

In 2008, Hyman Minsky finally had his moment. But he was miscast as a prophet of financial collapse. The real “Minsky moment” was the bailout, not the crash.

How to Burst a Bubble

The mortgage crisis in four charts.

Into the Vipers’ Den

Two centuries of mergers and splits in America’s banking sector.

Economics for the Socialist Autodidact

Here’s what you should read.

Dear Prime Minister

Frankfurt/Rome, 5 August 2011

Devil in the Details

Don’t know the difference between an asset-backed security and your ass? We’re here to help.

Why Shadow Banking Is Bigger Than Ever

Despite nearly destroying the global economy in 2008, the shadow banking revolution marches on.

Pulling Rabbits Out of Hats

How a decade of crisis changed economics.

The Specter of Capital

How the housing crash got us believing in ghosts again.

The House That Debt Built

Cleveland’s Quicken Loans Arena is a monument to the subprime mortgage crisis and the companies that caused it.

From Pawns to Players

How Amalgamated Bank went from a tool for garment workers to a tool of finance capital.

New Labour’s Boom and Bust

Ten years after the financial crisis Blairism is finally dead and buried.

In Mansions and Benzes

Ten years after the financial crisis, we see how life is treating some of our favorite Wall Street villains.

Governance by Finance

Can European democracy survive the reign of unelected central bankers?

The Move Your Money Hustle

Getting banks under control is a matter of politics, not individual consumer decisions.

Financial Advice for Millennials

Shoot a leprechaun, take his pot of gold.

A Make or Break Year

The future of socialism hangs in the balance — and Jacobin has an important role to play.