Melinda Cooper

We see processes like suburbanisation unfolding, growth of commercial, you know, markets for all sorts of goods, household goods and things like this.

Another person who I'd really recommend people either read or find talking on podcasts is Melinda Cooper, a brilliant Australian political economist who talks about the way in which the family was integral to that particular mode of accumulation.

But...

At the top, we're talking generally about what does a Marxist approach to history and understanding political economy give us? Max has used this language already that it's prone to crisis.

It's a trap, for sure, that we have willfully gotten ourselves into.

Um, it's something Melinda Cooper talked about a lot in her last couple books.

It seemed to be a way that the state could engineer a asset society where people's economic growth came out of the value of their home and their 401[k] instead of higher wages or other public benefits.

And so that was a, a sort of a way to create wealth without inflation or without, uh, taking much from the capitalist class and in fact, the capitalist class gets to win twice.

It's a trap for sure that we have willfully gotten ourselves into.

It's something Melinda Cooper talked about a lot in her last couple books.

It seemed to be a way that the state could engineer a asset society where people's economic growth came out of the value of their home and their 401 instead of higher wages or other public benefits.

And so that was a sort of a way to create wealth without inflation or without taking much from the capitalist class.