Richard Seymour’s new book, Against Austerity: How We Can Fix the Crisis They Made (Pluto, 2014), has been reviewed this week in the North Star.
We picked out some of our favourite bits from Matthijs Krul’s positive review – but you can read the full thing on their website, here. Click on the cover image for more info on how to buy the book.
‘[A] clear and well-structured read…. Refreshing especially are two important things about this work: firstly, Seymour’s resistance to wishful thinking and hand-waving optimism. He describes the utter weakness of the left’s resistance, the decline in unionism and the small likelihood of its recovery, and the increasing neoliberalization of the Western common sense in no uncertain terms. Secondly, he rightly points out how identifying neoliberalism simply with ‘free marketeers’ and seeking a restoration of the old welfare capitalism and union alliances to combat it is an illegitimate and impossible exercise in old union worker nostalgia and doomed to collapse before it ever gets off the ground. He emphasizes how much unions have now come to rely on public service workers for their base, the last relatively privileged and secure bastion against the labour market, and how the neoliberal offensive on this point is destroying even that base as we speak — without any clear counter-strategy to be seen. The spirit of ’45 is an obscene display of delusional nostalgia, and should be rejected wherever it appears, and Richard Seymour does not indulge it — which is rare among the left in the UK, although such politics of nostalgia is much less evident in the United States. On the whole, this book does what should be the starting point of any Marxist analysis: it describes with sober senses how bad the radical left’s strategic position is, unhindered by the shibboleths or blinders of sect strategy.
‘[A] readable and useful guide to the interrelationship between austerity, neoliberalism, and the state at the level of strategy and ideology’
‘[T]he book has much to offer in terms of a sober and nuanced analysis. This goes especially in the UK where the trend towards nostalgia, wishful thinking, and resisting empirical and strategic reconsideration is so strong. As Richard Seymour puts it in the conclusion: “if this book has been intended to do anything, it has been to find a way to drop those fetishes… assimilate the reality of our present situation, and soberly assess the challenge posed by austerity, without losing sight of the objective — which is to navigate our way out of this impasse” (152). To that aim this book is certainly a worthwhile contribution.’