Current Affairs

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When we think of American power, we often think of missiles, guns, and tanks. But operating in the background is an incredibly powerful weapon whose use often goes unnoticed: the dollar. In her new book Paper Soldiers: How the Weaponization of the Dollar Changed the World Order, Bloomberg News correspondent Saleha Mohsin explains how the dollar's power actually works. What does it mean for the dollar to be the "global reserve currency" and how does this confer power? What do sanctions do and what determines whether they succeed or fail? How do changes in the value of currency alter the relative power of countries across the world? Mohsin joins us to answer a few basic questions that are crucial for understanding the world today.

“ The seeds of its weaponization were sown in 1944 as World War II came to an end, began in earnest after September 11, 2001, and may have gone too far in 2022... If the currency falls from kingship, then the country won’t be the first superpower or empire to collapse because of fiscal mismanagement. While the dollar has changed the world, the world may now change the dollar. The biggest threat to its dominance doesn’t stem from outside its borders but from a rolling series of self-inflicted policy wounds further stoking doubts of whether the United States should remain at the center of the global financial system.” - Saleha Mohsin, Paper Soldiers

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Becca Rothfeld is the nonfiction book critic for the Washington Post. Her new essay collection, All Things Are Too Small: Essays in Praise of Excess, draws together and expands on some of her best work. It covers subjects including Marie Kondo and minimalism, the films of David Cronenberg, the novels of Sally Rooney, and the new sexual puritanism. However varied the topics, a few important themes recur, including a rejection of utilitarian minimalism and an embrace of pleasure, and a view that fulfilling "basic needs" is not enough, because our "wants" matter too. The declutterers and the puritans strip away some of what is most essential to the good life. Becca joins today to talk about her arguments, including why she thinks Sally Rooney's egalitarian Marxism rings false.

Declutterers’ books, it turns out, are every bit as insubstantial as their slender clients. All the staples are short and snappy: though they are padded with cute visualizations and printed in big, bubbly fonts, they are rarely much longer than two hundred pages, and all of them can be read (or, perhaps more aptly, gazed at) in a matter of hours. In place of full paragraphs and complete sentences, they tend to opt for sidebars, acrostics, and diagrams. Kernels of advice are surgically extracted from the usual flab of prose. Language is a vehicle for the transfer of information, never a source of pleasure in its own right. To enjoy the sound or look of a word would be to delight, illicitly, in something needless, something exorbitant. Hence the declutterer’s penchant for lists and bullet points, for sentences compressed into their cores: “You Know You Are an Obsessive Organizer When . . . ,” “12 Ways I’ve Changed Since I Said Goodbye to My Things,” “15 Tips for the Next Stage of Your Minimalist Journey.” Visually, the results are reminiscent of an iPhone, with apps sequestered into adjacent squares. Each page in The Life-Changing Magic of Tidying Up does its best impression of a screen. — Becca Rothfeld, All Things Are Too Small

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We know the left is, generally speaking, anti-war and anti-imperialist. But if a left-wing government ever took power in the U.S., what would its foreign policy look like? How would it deal with, say, human rights abusing governments? Would it shun them? Sanction them? Would a leftist government send weapons to the victims of aggression? What would a left policy on Ukraine look like, for instance?

Van Jackson is a leading left foreign policy thinker. His new book Grand Strategies of the Left aims to think through the toughest questions about what it would actually mean to have a "progressive" foreign policy. Jackson notes that because the DC think tank world is dominated by hawkish "blob" types, a lot of the most thorough research and thinking on foreign policy is done by people whose values he rejects. In this conversation, we talk about how the existing establishment sees the world, and how we can look at it differently.

"In prioritizing what it sees as the foundational sources of global insecurity, the progressive perspective portrays itself as uniquely realistic compared to its prevailing liberal internationalist alternative. It diagnoses the problems that preoccupy militaries as the surface level of deeper political dysfunctions, making mainstream grand strategy and security studies appear solution-less insofar as they deal only with national defense policy or strategy. Progressive worldmaking, in other words, directs us to reshape the very context that gives rise to traditional security problems." - Van Jackson, Grand Strategies of the Left

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Daniel Knowles is a reporter for The Economist (yes, that one). His book Carmageddon: How Cars Make Life Worse argues that cars are a problem, and shows all the ways in which we could have more satisfying, sustainable, affordable lives with fewer cars. That's a tough sell in a car-loving country like the U.S.A., where we love our giant-ass trucks and our drive-thru daiquiri stands. Daniel is British: who is he to tell us we have to trade in our pedestrian-mashing SUVs for Chairman Mao-style bicycles?

Today, Daniel joins to make the sell for walkable communities, showing us all the ways cars cause problems, why the situation we're in wasn't inevitable, and how we can change our deadly, inefficient, climate-killing ways and have transit that better serves human needs.

“There is simply no good reason that the sustainable option—living in a decent-size apartment or rowhouse, in a neighborhood where you can walk, cycle, and use public transport to get around—ought to be so expensive, while living in an enormous detached house and using vast quantities of natural resources is the cheap option. It is only the case because of decisions made by our leaders over decades that have compounded to create a world where wasting resources is normal, and sustainable living is rare.” - Daniel Knowles, Carmageddon

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Ben Burgis is a philosopher and occasional contributor to Current Affairs, who runs the Philosophy for the People Substack and hosts Give Them An Argument. Today, Ben joins to respond to common arguments made to justify the policies of Israel and the United States in Gaza. "Israel has a right to defend itself," "Palestinian violence is the root cause of the problem," and other talking points are put to Ben, who gives logically precise but passionate defenses of the Palestinian people's rights and dignity. Ben offers a crash course in how to effectively argue the case against the war on Palestine.

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“While there is a lower class, I am in it, while there is a criminal element, I am of it, and while there is a soul in prison, I am not free.” ―Eugene V. Debs

"Are you willing to fight for someone you don't know as much as you're willing to fight for yourself?" —Bernie Sanders

Political philosophy is full of talk about liberty and justice. But in Solidarity: The Past, Present, and Future of a World-Changing Idea, Leah Hunt-Hendrix and Astra Taylor argue that another concept is just as crucial when we consider how society ought to be ordered and what we owe one another: solidarity. A solidaristic ethic means seeing other people's fates as intertwined with your own, and being committed to fighting for the interests of those whose problems you do not necessarily share. It has underpinned the socialist project from Eugene Debs to Bernie Sanders, and as Hunt-Hendrix and Taylor show in the book, it has deep historical roots. They trace the origins of the idea of solidarity, showing how it evolved as a crucial part of left thought and practice, and argue that what we need today is a reinvigorated commitment to it. They explain what it would mean to practice it, and the demands it makes of us. Today, Leah Hunt-Hendrix joins us to give us a tour through the history and show us what solidarity means. (Our recent interview with co-author Astra Taylor is also worth a listen and touches on some of the same themes!)

"With the planet swiftly tipping toward climate chaos and a right-wing reaction gaining influence globally, we have no choice but to attempt to cultivate solidarity from wherever we happen to sit. Individually, the vast majority of us are locked out of the halls of power and lack wealth and influence. The only viable pathway to exerting power is to organize from the bottom up. The solidaristic, internationalist, and sustainable world order we desperately need must be built virtue by virtue, relationship by relationship, struggle by struggle, day by day. Constructing a larger Us—one large and powerful enough to overcome the myriad obstacles in our way—is a hopeful and imaginative act: curious about other people, open to change, and determined to bring new possibilities into being." — Leah Hunt-Hendrix and Astra Taylor

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Jessica L. Burbank is a broadcaster and commentator who appears on The Hill's Rising, co-hosts the Funny Money podcast, and now hosts her own online news program called Weeklyish News. Jessica is also big on TikTok, where she produces remarkable short videos communicating left political and economic ideas, such as this one on the power relationship between workers and bosses or this one on Elon Musk. Today Jessica joins to discuss how she thinks about the project of communicating ideas accessibly, using wit and operating within the limits of 21st century attention spans. 

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John Washington is a journalist with Arizona Luminaria, whose new book The Case for Open Borders rebuts common anti-immigrant argument and shows that a world in which people can freely move from one territory to another will not create a "crisis" but will in fact benefit everyone. Today he joins to discuss the bipartisan rhetoric about immigration being a disaster or crisis, and to help us understand why militarized borders cause a lot more harm than they prevent. Washington argues that fears of immigration are overblown and instead of moving toward greater "border security" we should be reforming the border to relax admissions. 

The photo above is of the Arizona-Mexico border circa 1899, when crossing from one country into another was as simple as crossing the street. See also the Current Affairs article "We Need To Make the Moral Case for Immigration." 

"The case for open borders must ultimately be a positive one, explaining why the freedom to move—coupled with the freedom and possibility to remain—is a necessary good, and why a world not divided into exclusive nation states with militarized borders would be more egalitarian, would promote and cultivate diversity instead of fear, and would help form a world where sustainability and justice take precedence over extraction and exploitation." — John Washington, The Case for Open Borders

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Grace Blakeley is one of the left's leading economic thinkers. In her new book, Vulture Capitalism, Blakeley explains how capitalism really works and gives a crucial primer on the modern economy. She joins today to explain why conceiving of "free markets" and "government planning" as opposites is highly misleading, because our neoliberal "market-based" economy involves many deep ties between the state and corporations. Instead of thinking of "capitalism" and "socialism" as a spectrum that runs from markets to government, Blakeley says we should focus our analysis on who owns and controls production, and who gets the benefits.

"The choice isn’t “free markets” or “planning.” Planning and markets exist alongside each other in capitalist societies—indeed, in any society. The choice is whether the planning that inevitably does take place in any complex social system is democratic or oligarchic. Do we allow a few institutions to make decisions that affect everyone else, considering only their own interests, or do we move toward a system in which everyone has the power to shape the conditions of their existence? We must stop talking about “free-market capitalism” and instead accept that capitalism is a hybrid system based on a fusion between markets and planning. Rather than seeing the world in which we live as emerging from mystical market forces beyond our control, we must realize that the world in which we live results from the conscious choices of those operating within it. When we are able to view the world in these terms, the space for conscious, democratic design of our world expands." — Grace Blakeley

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Lewis Bollard directs the farm animal welfare program at Open Philanthropy, and writes the organization's farm animal welfare research newsletter. In the newsletter, Bollard has argued that animal welfare is a crucial moral issue and tried to explain the dissonance between people's stated compassion for animals and their willingness to tolerate animals' mass suffering in factory farms. Bollard explains the massive amount of work it will take to reduce or eliminate factory farming, and the setbacks including the challenges plant-based meats have had. He also shows, however, that there have been striking successes that should make the issue feel less hopeless and insurmountable, and actually major improvements to animal welfare are within reach. Today he joins to explain why the issue is a priority, why it's so challenging to mobilize people around, what has been accomplished so far, and what could be accomplished with more activism and political pressure. 

"We face a mighty challenge: ending the abuse of more sentient beings than humans who have ever lived on earth. We do so with few resources: all advocacy for farmed animals globally has a combined budget smaller than the New York Metropolitan Museum of Art. And yet we’ve already achieved progress for billions of sentient beings." — Lewis Bollard