David Fields
@profdavidfields.bsky.social
490 followers 880 following 390 posts
Classical-Keynesian Institutionalist Political Economist. https://www.researchgate.net/profile/David-Fields-5
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profdavidfields.bsky.social
The confluence of profit redirection from the real economy towards financialization and the simultaneous erosion of social protections fundamentally engenders human deprivation.

utahvanguard.medium.com/securing-pro...
Securing Profit: Neoliberalism as a Structural Mechanism for Human Insecurity
By Adem Yavuz Elveren and David Fields
utahvanguard.medium.com
profdavidfields.bsky.social
Instead of awarding the Nobel Peace Prize to deserving persons, like the journalists of Gaza or Sumud Flotilla Activists, in particular Greta Thunberg, it is given to a right wing, US funded, Venezuelan Zionist who has tirelessly worked to undermine the Bolivarian Revolution.
lewisgoodall.com
NEW: Venezuelan opposition leader Maria Corina Machado awarded Nobel Peace Prize.
Reposted by David Fields
mia-gray.bsky.social
Our new paper on "Place-based solidarity: Crisis, austerity and the devolution of responsibility"

authors: Coco Huggins and Mia Gray

is now available free online: www.sciencedirect.com/science/arti...
profdavidfields.bsky.social
Recurring fiscal crises afflicting U.S. municipalities are neither isolated nor accidental occurrences; rather, they constitute a deliberate political strategy engineered to achieve specific, capitalist class-based outcomes.

utahvanguard.medium.com/from-manager...
From Managerialism to Crisis: The Shock Doctrine of US Municipal Finance
By David Fields
utahvanguard.medium.com
Reposted by David Fields
annpettifor.bsky.social
My latest post…...https://annpettifor.substack.com/
profdavidfields.bsky.social
Fair Trade ostensibly presents itself as an oppositional force, aiming to forge direct, more equitable international trading partnerships. Alas, it constitutes an illusory promise, which ultimately reinforces unequal exchange.
utahvanguard.medium.com/the-fair-tra...
The Fair Trade Movement: An Illusory Promise
By David Fields
utahvanguard.medium.com
profdavidfields.bsky.social
The conventional conception of business competition postulates a static, zero long-run rate of profit. This is fallacious.

utahvanguard.medium.com/a-short-note...
A Short Note on Business Competition
By David Fields
utahvanguard.medium.com
Reposted by David Fields
itsmccarthy.bsky.social
A graphical summary of Nicos Poulantzas argument about the rise of totalitarianism in Italy and Germany in his book Fascism & Dictatorship. The graphic is from Dylan Riley's brilliant forward to the book. It is hauntingly familiar, and almost echoes in our own time.
Reposted by David Fields
itsmccarthy.bsky.social
I have an essay in the latest issue of New Labor Forum.

The whole issue looks great… especially the @cgmaisano.bsky.social article on the future(lessness) of conservative leftism.

Thanks to @micahuetricht.bsky.social for the editing help!
profdavidfields.bsky.social
This recent Fed rate cut credit will primarily facilitate short-term investments and benefit capital positions, as opposed to stimulating the real economy, owing to insufficient effective demand.

utahvanguard.medium.com/a-short-note...
A Short Note on the Fed Rate Cut
By David Fields,
utahvanguard.medium.com
profdavidfields.bsky.social
The prevailing atmosphere of widespread frustration, cynicism, and despair is not a series of disconnected or random events. Rather, it represents a direct and causal consequence of the anomie inherent in capitalism.

utahvanguard.medium.com/the-cultural...
The Cultural Syndromes of Capitalism
By David Fields
utahvanguard.medium.com
Reposted by David Fields
itsmccarthy.bsky.social
The housing crisis in America won’t be solved by more markets or endlessly tinkering with the fine print in the zoning laws. If we want our cities filled with working people rather than empty second homes, consider what the socialists of Paris are doing. From The Big Read at the @financialtimes.com:
Reposted by David Fields
tanselguclu.bsky.social
Güne Fields'tan bir okuma önerisi hediye etmiş olalım. Kendisi bizde de epey meşhur ve dillere pelesenk "maliye politikası para politikasına eşlik etmiyor" şarlatanlığına dair de iyi bir tablo hazırlamış.
Reposted by David Fields
itsmccarthy.bsky.social
Looking forward to this discussion with comrades that are familiar with the German socialization debates ca 1919 and the calculation debates a decade or so later. Excited to learn something new.
profdavidfields.bsky.social
The current weakness of the US labor market, as manifested by a four year high in the official unemployment rate, which excludes discouraged workers, constitutes a long-run expected outcome of monetary & fiscal austerity.

utahvanguard.medium.com/weakening-u-...
Weakening U.S. Labor Market: A Long-Run Confluence of Monetary and Fiscal Austerity
Summary
utahvanguard.medium.com
profdavidfields.bsky.social
The world is characterized by a multifaceted crisis of systemic exploitation. It’s not isolated but resonates across all societal strata, Amidst this widespread distress, an undercurrent of revolutionary impetus endures.

utahvanguard.medium.com/praxis-reima...
Praxis Reimagined: Theory and Action for the 21st Century
By David Fields
utahvanguard.medium.com
Reposted by David Fields
nakedkeynes.bsky.social
Old @nytimes.com headline of a fight between the President and the Fed. This was before the Treasury-Fed Accord of 1951. Eccles was for supporting of fiscal expansion in the '30s, providing a guarantee for the 2.5 interest on long-term bonds, and then for independence, after he was demoted by Truman
profdavidfields.bsky.social
Positing the economy as a demand-led, inherently unstable system constrained not by a static productive capacity but by its own structural contradictions, offers a far more accurate understanding of macroeconomic dynamics.

utahvanguard.medium.com/economic-gro...
Economic Growth and Instability
By David Fields,
utahvanguard.medium.com
profdavidfields.bsky.social
The US Constitution is revered like the Bible. Far from an emblematic celebration of democracy, it is a foundational social and ideological document whose reactionary origins have enabled a uniquely US trajectory of fascism.
utahvanguard.medium.com/the-us-const...
The US Constitution: A Reactionary Foundation for Fascism
By David Fields
utahvanguard.medium.com
Reposted by David Fields
Reposted by David Fields
nakedkeynes.bsky.social
Just one more footnote to my reading of Wasserman's book, on his comments on Bob Heilbroner. I didn't have much contact with Bob, but enough to think that some of his points seem incorrect to me. At any rate, for those interested nakedkeynesianism.blogspot.com/2025/08/was-...
Was Bob Heilbroner a leftist?
Janek Wasserman, in the book I commented on just the other day, titled The Marginal Revolutionaries: How Austrian Economists Fought the War...
nakedkeynesianism.blogspot.com