Is capitalism inevitable? This week, Prospect contributing editor Tom Clark is joined by Sven Beckert, Harvard professor and author of Capitalism: A Global History.

Sven discusses the evolution of capitalism, from its development by Arab, African and Chinese traders, to its place in the modern western nation states of today. He argues that the economic system that rules our lives is a man-made one, which can be shaped and reshaped depending on political and economic will.

The pair also discuss the prospects for working people in an era in which AI threatens to make many redundant, and whether rising authoritarianism in wealthy democracies like the US is linked to its economic system.

And they explore the achievements and injustices of modern capitalism—its complicated history of growth and poverty reduction, alongside coercion and violence.

To read Tom’s review of ‘Capitalism: A Global History’, click here

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The Gorton and Denton byelection was a sensation for the Greens—and it hurt Labour’s pride. With the May elections approaching, the UK’s governing party looks set for a beating. But what about Reform?

Peter Kellner, former director of polling company YouGov, joins Ellen and Alona on the podcast to discuss how Labour and its competition are faring. After coming second in Gorton and Denton, Reform may have actually peaked, Peter argues.

Plus, Kellner has met every Labour leader since Harold Wilson, and shares both his favourite anecdotes and the lessons he thinks the party’s next leader needs to know.

For more political coverage from Prospect visit our website.

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Donald Trump said the Iran war was “very complete”—but is it? 

Renad Mansour, a senior research fellow in the Middle East and North Africa Programme at the Chatham House thinktank, joins Ellen and Alona to make sense of the latest from Iran.

As US-Israeli strikes continue, Mansour explains that Washington might not have control over the conflict’s end and Iran is prepared for the long haul. 

He also explains how the Iranian regime has survived multiple “decapitation” attempts, and what the choice of new Supreme Leader indicates about the future.

To read more coverage of the conflict, visit prospectmagazine.co.uk

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This week, Ellen is joined by journalist David Aaronovitch, who warns about the extreme wealth and unaccountable power of America’s new elite.

From John D Rockefeller to Jeff Bezos, David explores the parallels between the “robber barons” of the late 19th century and today’s tech titans. He argues that the US is experiencing a second Gilded Age, in which the elite enjoy lavish lifestyles—as well as unchecked power and influence.

David also discusses Jeff Bezos’s wedding, the Amazon-produced Melania film, and Donald Trump’s relationship with tech CEOs.

In a post-Epstein era, are there means to check this power? And what happens if we can’t?

To read David Aaronovitch’s cover essay of the latest magazine, click here.

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This week, Alona is joined by contributing editor Tom Clark and political columnist Ben Ansell to discuss what’s at stake in the upcoming Manchester byelection.

With the polls showing a three-way-race between the Greens, Labour and Reform, the area has become a microcosm for wider political trends, with the position of the establishment parties more uncertain than ever.

Tom shares the mood in the constituency and what voters are saying on the ground. Ben, Alona and Tom also discuss the possible outcomes, and why many voters have lost faith in the traditional parties.

They also analyse the tactical decision to not have Zack Polanski run in the seat, and why losing here could speed up Starmer’s departure. What happens if the Labour stronghold tips?

To read Tom’s piece ‘In Gorton and Denton, Labour the Greens blame each other’, click here. 

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Ahead of the fourth anniversary of Russia’s full-scale invasion of Ukraine, Ellen and Alona are joined by researcher Maksimas Milta. Maksimas is the Ukraine Country Director at The Reckoning Project, which trains journalists to document war crimes and human rights violations.

He talks about the mood in Ukraine as the civilian casualty rate surges—as well as the difficult process of seeking justice: from collecting testimonies from Russian prisoners of war, to working with the media.

And as the third round of Ukraine-Russia peace talks take place in Geneva, brokered by the United States, what are Ukrainians hoping for? What does Europe need to do? And will anything change?

To read more “What makes a traitor?”, Jen Stout’s piece on The Reckoning Project in Ukraine, click here.

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This week, Ellen and Alona are joined again by Prospect editor and former Labour speechwriter Philip Collins to unpack the government’s ongoing crisis.

With Peter Mandelson currently under investigation by the Metropolitan Police, Starmer’s premiership came close to collapse. He appears to have clung on for now—but how long can he survive as prime minister? And why, in his moment of peril, did no other contenders for PM come to the fore?

Philip discusses what surprised him about Wes Streeting’s WhatsApp messages to Mandelson, and whether the departure of Morgan McSweeney from 10 Downing Street will have any impact on the government’s direction. He also analyses the implications of Scottish Labour leader Anas Sarwar’s call for Starmer to resign. Will it harm his chances in the upcoming Holyrood elections?

Plus, beyond Mandelson, they explore whether political culture is now too close to money—and if politicians, in general, are too vulnerable to the wealthy.

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More of the Epstein files have been released—but why now, and what do they really tell us? This week, Ellen and Alona are joined by investigative journalist Peter Geoghegan, editor of the Democracy for Sale newsletter, to unpack what the documents reveal about power, money and impunity.

Peter discusses the ways powerful figures protect themselves, and the latest political fallout in Britain—from renewed scrutiny of Andrew Mountbatten-Windsor to Peter Mandelson’s relationship with Jeffrey Epstein.

He discusses what shocked him despite his experience investigating corruption, how this story goes to the heart of the British constitution, and why the truth seems stranger than fiction.

Peter also explains what this flood of documents means for journalism and truth, as unvetted claims spread rapidly online. And the three discuss the stakes for democracy—and what needs to change. Could this moment finally lead to justice for survivors of abuse? And what else is happening that we don’t know about?

This episode contains discussions of exploitation and abuse.

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