The crisis of the neoliberal order has resuscitated a political idea widely believed to be consigned to the dustbin of history. Brexit, the election of Donald Trump, and the neo-nationalist, anti-globalisation and anti-establishment backlash engulfing the West all involve a yearning for a relic of the past: national sovereignty. In response to these challenging times, economist William Mitchell and political theorist Thomas Fazi reconceptualise the nation state as a vehicle for progressive change. They show how despite the ravages of neoliberalism, the state still contains resources for democratic control of a nation's economy and finances. The populist turn provides an opening to develop an ambitious but feasible left political strategy. Reclaiming the State offers an urgent, provocative and prescient political analysis of our current predicament, and lays out a comprehensive strategy for revitalising progressive economics in the 21st century.
'Provides an excellent study of post-war economic history and a perceptive analysis of the options available for the future' -- Counterfire 'Will surely come to be seen as one of the more important social science works of our time' -- Anthony Coughlan, Village 'Mitchell and Fazi convincingly show that the state continues to be at this critical point of history an unavoidable bottleneck... which ought to be reclaimed and subverted if we are to transform societies to the benefit of the peoples' -- Sergi Cutillas, Economist and Researcher 'Essential reading for anyone who wants to understand the Corbyn phenomenon in the UK' -- Eurointelligence 'Fascinating' -- Heiner Flassbeck, Heiner Flassbeck, former German Vice-minister for Finance 'Important... An essential building-block for a constructive debate on a post-Brexit democratic politics' -- Wolfgang Streeck, Max Planck Institute for the Study of Societies, Cologne 'This is an excellent book. Anyone who wants to understand why social democratic parties are in crisis across Europe should read it.' -- Larry Elliott 'Prepare to be blown away and forget what you think you knew about money' -- Independent