Steve Maher

Econ Prof at SUNY | Co-Editor, Socialist Register | Author: "The Fall and Rise of American Finance" & "Corporate Capitalism and the Integral State"

[Steve Maher @SteveMaher18]

Today is the day! Out NOW from @Versobooks!

"A groundbreaking historical work"
-Clara Mattei

"An alternative history of the last century that every critical scholar of finance must now engage and contend with.”
-Quinn Slobodian

"A compelling and convincing account"
-Mark Blyth

[Steve Maher @SteveMaher18]

Our response to recent critiques by Dylan Riley and John Bellamy Foster is now up @jacobin. As we argue, both the "political capitalism" and "monopoly capital" frameworks struggle to explain the dynamism and competitiveness of contemporary capitalism.

[Steve Maher @SteveMaher18]

@postdiscipline @jacobin Yes, we draw on Shaikh, as we say in the piece!

[Steve Maher @SteveMaher18]

Our response to recent critiques by Dylan Riley and John Bellamy Foster is now up @jacobin. As we argue, both the "political capitalism" and "monopoly capital" frameworks struggle to explain the dynamism and competitiveness of contemporary capitalism.

[Jacobin @jacobin]

Advocates of the “political capitalism” and “monopoly capital” theories argue that capitalism is stagnating, increasingly unproductive, and dominated by rent-seeking.

These are flawed diagnoses that put socialist strategy on the wrong track. https://t.co/SAjvJMQkJs

[Jacobin @jacobin]

In his defense of the “political capitalism” thesis, Dylan Riley points to examples of firms profiting through corrupt political connections.

But such cases hardly demonstrate that state extraction constitutes an entirely new regime of accumulation. https://t.co/SAjvJMPMTU

[Jacobin @jacobin]

Amazon is bad for workers not because it is a monopoly but because it is a ruthlessly competitive capitalist firm.

Automation, surveillance, and work discipline are weapons in capitalists’ warlike struggle for profits, not results of monopoly power: https://t.co/DTz1unb1pp

[Matt Huber @Matthuber78]

Really rigorous reply to critics.

[Jacobin @jacobin]

Advocates of the “political capitalism” and “monopoly capital” theories argue that capitalism is stagnating, increasingly unproductive, and dominated by rent-seeking.

These are flawed diagnoses that put socialist strategy on the wrong track. https://t.co/SAjvJMPMTU

[Steve Maher @SteveMaher18]

https://t.co/1V8zAYC1cm

[Anthony Fenton @anthonyfenton]

Upcoming online event launching Socialist Register 2026: Late-Stage Capitalism? Accumulation in the Ruins feat. Michael Roberts, @SteveMaher18, Alfredo Saad-Filho https://t.co/JcIWXROuDf

[Steve Maher @SteveMaher18]

Really great launch of the 2026 Socialist Register at @PeoplesForumNYC last week.

Thanks to Ibrahim Shikaki, Paul Heideman, and Costas Lapavitsas (@C_Lapavitsas) for their excellent presentations. And over 350 people tuned in online!

Link to video: https://t.co/UodpD06Ljw

[Steve Maher @SteveMaher18]

I'll be in NYC tomorrow evening to launch the 2026 Socialist Register at @PeoplesForumNYC, along with a panel of contributors: @C_Lapavitsas, Ibrahim Shikaki, and Paul Heideman (@pmheideman), & the new editor of MR Press, @ArunKundnani. Register below!

https://t.co/e6IAfRIAPa

[Steve Maher @SteveMaher18]

I'll be in NYC tomorrow evening to launch the 2026 Socialist Register at @PeoplesForumNYC, along with a panel of contributors: @C_Lapavitsas, Ibrahim Shikaki, and Paul Heideman (@pmheideman), & the new editor of MR Press, @ArunKundnani. Register below!

https://t.co/e6IAfRIAPa

[Steve Maher @SteveMaher18]

@jacobin has published my brief critique of Dylan Riley’s even briefer note in NLR Sidecar.

Link in first reply 👇

[Steve Maher @SteveMaher18]

@n_hold 😂😂😂

[Jacobin @jacobin]

The tech giants at the commanding heights of the modern economy did not invent a new mode of production — they are simply classically exploitative capitalists. https://t.co/dRGrF97cuS

[Jacobin @jacobin]

Capitalism isn’t breaking down under our Silicon Valley tech overlords.

For those at the top, it’s working just fine. https://t.co/dRGrF97Kkq

[Jacobin @jacobin]

The capitalism we face today is not falling apart or descending into rentierism.

It’s a strong, profitable, dynamic, and competitive system — and that is precisely the problem: https://t.co/o1OYrU5jRU

[Matt Huber @Matthuber78]

“We are not facing a capitalism that is falling apart or descending into rentierism but a strong, profitable, dynamic, and competitive system. And that is precisely the problem.”

[Jacobin @jacobin]

The tech giants at the commanding heights of the modern economy did not invent a new mode of production — they are simply classically exploitative capitalists. https://t.co/o1OYrU5RHs