“The history of all hitherto existing society is the history of class struggles.”
This, in essence, is the thesis of ‘Stolen: How to Save the World from Financialisation’. It’s a story as old as Marx. But researcher, political commentator, and leading voice of democratic socialism Grace Blakeley situates it in the specificities of the current political moment. In Blakeley’s hands, the history of the modern capitalist economy – where we are, how we got here, and what’s next – is told with renewed clarity, novel insight, and a stirring sense of the urgency of our times.
Stolen ’s history of class struggle begins in the aftermath of World War II. The labor movement emerged from the early 20th century with sufficient power to bend capital, but not enough to break it. The great class compromise of modern social democracy was born. For a time, the arrangement succeeded, but in the 1970’s crisis hit, laying bare the conflicting class interests that had remained beneath the surface.