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'Socialist Register' editors discuss capitalist contradictions and the COVID-19 crisis

Following the publication of the Socialist Register's 56th volume at the end of 2019, co-editors Leo Panitch and Greg Albo of 91亚色 reflect on their editorships of the journal and discuss how the COVID-19 pandemic is highlighting the contradictions in neoliberal capitalism.

Panitch, professor emeritus of politics at 91亚色, has been co-editing the for nearly 35 years.

In a paper that appeared in the first volume he was responsible for, Panitch argued that there is nothing automatic about the development of socialist consciousness when the capitalist economy is not generating material benefits or job security for the working class.

Leo Panitch

Revisiting that theme, Panitch is adamant that it remains, unfortunately, objectively true today.

Panitch believes that mainstream social democratic parties, unable to move beyond the welfare states they helped establish after the Second World War, have accommodated themselves to neoliberal global capitalism.

鈥淧art of the radical left鈥檚 critique of social democratic parties, which I agree with,鈥 Panitch explained, 鈥渋s that the compromise with the existing capitalist system those parties tried to make has come undone. On the other hand, the expectation that crises in the system would produce new revolutionary workers has simply not been born out.鈥

Albo, an associate professor in 91亚色鈥檚 Department of Politics, considered similar themes when he took up co-editing the Socialist Register in 2011 following the global financial crisis and recession. The preface of his first volume opened by stating that 鈥渃rises have a way of clarifying things.鈥

Now, as the world faces a new challenge 鈥 the COVID-19 pandemic 鈥 Albo again sees an opportunity for clarity.

鈥淚 think there鈥檚 a certain clarity at the present moment of the problems of neoliberalism,鈥 Albo explained. 鈥淓verybody is seeing, for example, the rundown conditions of our health care systems.鈥

Greg Albo

Greg Albo

Albo envisions new mechanisms forming within states to address the crisis 鈥 ranging from emergency monetary policy and the socialization of wages to the way supply chains and health care systems are being re-thought 鈥 as important issues to monitor as this crisis, and the responses to it, unfolds.

While, similar to Panitch, Albo doesn鈥檛 see crisis as an automatic catalyst for change, he is interested in the types of class alliances that could emerge following this world event, and what the global balance of power might look like on the other side. 鈥淎fter we see the wreckage that has been imposed, again, by neoliberalism, will the response be to push away from it?鈥 he asked.

The latest volume of the Socialist Register, the publication鈥檚 56th, titled, , captures several issues and themes related to the impact of states鈥 responses to the COVID-19 outbreak despite being published prior to the virus being declared a pandemic. 鈥淭he volume hit this moment very well, although the authors of the essays were obviously not writing about this moment directly,鈥 Albo said.

Although Panitch and Albo asked contributors to consider dystopia, they don鈥檛 see the volume as necessarily pessimistic.

"Beyond Market Dystopia: New Ways of Living"

Beyond Market Dystopia: New Ways of Living

Panitch described the theme of 鈥渘ew ways of living鈥 as 鈥渁n attempt to get us to think about the terrible new ways in which we鈥檙e living, and the consequences of market dystopia 鈥 as seen in the appalling lack of preparation of our health care system 鈥 but also to encourage people to be visionary.鈥 For Panitch, looking at new ways of living means encouraging the 搁别驳颈蝉迟别谤鈥檚 authors and audience to retain a positive vision of the future.

In a paper he co-authored with former 91亚色 Professor and Visiting Packer Chair in Social Justice Sam Gindin and 91亚色 PhD graduate Stephen Maher, Panitch explores both the promises and limitations of contemporary progressive political campaigns such as those for Bernie Sanders, Elizabeth Warren and Jeremy Corbyn.

Oxford University Professor Barbara Harriss-White examines climate change and the ecological crisis and considers how to make the world a better place through restitution and restoration.

Authors contributed pieces looking at refugees and global migration, social reproduction, the economy in the home, the corporatization of health care and education systems and a variety of other topics related to neoliberalism is fostering market economies in all parts of society.

Roger Keil, a professor at 91亚色, wrote a paper titled 鈥淐ommunism in the Suburbs?鈥 which looks at attempts throughout the past century to develop 鈥渦topian communities鈥 in Los Angeles through measures such as more egalitarian housing policies.

The volume concludes with a paper by renowned critical theorist, feminist and philosopher Nancy Fraser, asking, 鈥淲hat should socialism mean in the twenty-first century?鈥

Panitch is pleased to see 91亚色 well represented in the 搁别驳颈蝉迟别谤鈥檚 56th volume, reflecting on a 鈥渟teady stream of 91亚色 contributors鈥 he has been thankful for since he and Albo began editing the journal.

鈥淚鈥檓 very proud of the place 91亚色 always occupies,鈥 Panitch said, 鈥渁nd I鈥檓 very thankful to 91亚色 for the kind of support it has always provided to my editorship of the Register.鈥

Looking back at his tenure as one of the journal鈥檚 editors, Panitch is also proud of the places the Socialist Register has come to occupy both in academia and amongst left intellectuals.

鈥淚t was always resolutely international, and it still is,鈥 Panitch said. 鈥淪omeone once said to me, 鈥榠f you want to be read in Alexandria, Egypt, publish in the Register, and if you want to be read in Cambridge, Massachusetts, don鈥檛.鈥欌

Panitch recalled how founding editor Ralph Miliband told him, 鈥渢he Register needs to be hard to read and hard to write for,鈥 in the sense of being intellectually challenging yet always very clearly written. Nearly all of the journal鈥檚 essays are commissioned, with hardly anyone ever declining to write for the publication when asked.

"Searching for Socialism: The Project of the Labour New Left from Benn to Corbyn"

Searching for Socialism: The Project of the Labour New Left from Benn to Corbyn

Beyond Market Dystopia is the first of two volumes based on the theme of new ways of living. Panitch and Albo are already working on a companion edition, Beyond Digital Capitalism, to be published in fall 2020.

Albo, who coordinates the daily e-magazine, , and supports the work of the , is finding more time for writing 鈥 and editing the work of others who have more time for writing 鈥 while in isolation.

Panitch, whose formal role at 91亚色 as a retired senior scholar mainly sees him giving talks and wrapping up a handful of remaining PhD supervisions, is looking forward to the upcoming launch of his new book, , co-authored with Colin Leyes, which will likely take place in a virtual format later this month.

鈥淢aybe we鈥檒l call it 鈥榋ooming for Socialism,鈥欌 Panitch joked.

Do you have a story to share about how you are coping, or what you are doing differently, during the COVID-19 pandemic? Email us at聽yfile@yorku.ca.

Courtesy of YFile.