John Haywood

A disillusioned software engineer with a keen interest in applying Marxist theory to the modern era. 

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Portfolio Proletariat: Asset Ownership and Political Consciousness Among the American Working Class from Fordism to Financialization

John Haywood, June 26, 2026

Why have the repeated crises of the modern era further entrenched market dependence rather than encouraged collective action among the American working class? John Haywood looks to the rise of a "portfolio proletariat", the product of an encompassing financialization of social reproduction in the post-Fordist era, for answers. Read Article.