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Title:An Independent Socialist Magazine - Monthly Review
Description:Monthly Review speaks to workers, labor organizers, activists, and academics. A scholarly, accessible critique of capitalism, edited by John Bellamy Foster.
Keywords:Marxism, Left Economics, Globalization, Socialism, Political Theory, Paul Sweezy, Harry Magdoff, John Bellamy Foster, Robert McChesney, Imperialism, Colonialism, Financial Crisis, Critiques of Capitalism, Marx and Ecology, Labor, Left History, Class Exploitation
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An Independent Socialist Magazine - Monthly Review
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February 2011,
Volume 62, No. 10
c o n t e n t s
raquo;notes from the editors
In the United States, it is now three years since the “Great Recession” began, and twenty-one months since it officially ended. Whether or not the end of the Great Recession means that the economy is now on the way to sustained recovery is another matter. Wall Street has rebounded dramatically, as have corporate—and especially financial sector—profits, but for ordinary men and women, circumstances are nearly as troubling today as they were at the bottom of the downturn in June 2009. hellip; | more |
New This Week!
Review of the Month:
The Internet #8217;s Unholy Marriage to Capitalism
John Bellamy Foster and Robert W. McChesney
The United States and the world are now a good two decades into the Internet revolution, or what was once called the information age. The past generation has seen a blizzard of mind-boggling developments in communication, ranging from the World Wide Web and broadband, to ubiquitous cell phones that are quickly becoming high-powered wireless computers in their own right.… The full impact of the Internet revolution will only become apparent in the future, as more technological change is on the horizon that can barely be imagined and hardly anticipated. But enough time has transpired, and institutions and practices have been developed, that an assessment of the digital era is possible, as well as a sense of its likely trajectory into the future. hellip; | more |
Structural Crisis in the World-Systema
Immanuel Wallerstein
I have written repeatedly on the structural crisis in the world-system, most recently in New Left Review in 2010. So, I shall just summarize my position, without arguing it in detail. I shall state my position as a set of premises. Not everyone agrees with these premises, which are my picture of where we are at the present time. On the basis of this picture, I propose to speak to the question, where do we go from here?
Mortgaging Irish Independencea
Julie L. MacArthur
A specter is haunting Ireland—the specter of James Connolly.… Connolly was shot to death by a British firing squad for his role in Ireland’s 1916 rising for home rule. Celebrated as a hero of Irish independence by Irish political parties of both left and right, his socialism is all too conveniently overlooked. The Irish struggle is one that speaks to the challenges of independence, sovereignty, and democratic freedom, both then and now, for people of all countries. What value is formal political independence if it is not backed up by economic control; if the real decisions of public policy are made in boardrooms and backrooms rather than main streets and parliaments?
The Latin American School of Medicine Today: ELAMa
Don Fitz
A revolution can only be successful when the new generation takes over from the old. When thousands of students come together because of their dedication to helping others at a school that was built to allow them to fulfill their goals, the ground is fertile for students to continue the struggle.… Students are assuming defining roles at the Latin American School of Medicine (Escuela Latinoamericana de Medicina or ELAM), the twelve-year-old medical school in Santa Fe, Playa, a ninety-minute bus ride from Havana, Cuba. With their educational costs covered by the Cuban government, students learn new social relationships in medical practice that they will use in underserved communities in their countries.
February 2011,
Volume 62, No. 9
c o n t e n t s
raquo;notes from the editors
The two lead articles in this issue of Monthly Review are both outgrowths of important new books published by Monthly Review Press. Samir Amin’s article, “The Trajectory of Historical Capitalism and Marxism’s Tricontinental Vocation,” is based on recent developments in his theoretical outlook presented in The Law of Worldwide Value…. A substantially revised and extended version of his earlier work, The Law of Value and Historical Materialism (Monthly Review Press, 1978), The Law of Worldwide Value also incorporates new conceptual breakthroughs, making it a major advance in itself.… The article by Richard York and Brett Clark entitled “Stephen Jay Gould’s Critique of Progress” is taken from their book The Science and Humanism of Stephen Jay Gould…. Gould’s far-ranging work in natural history, biology, and paleontology—even extending to the humanities and the social sciences—has fascinated countless readers, but the complexity of his thought and the extent of his intellectual commitments have defied previous attempts to bring out the unity of his work. hellip; | more |
Review of the Month:
The Trajectory of Historical Capitalism and Marxism #8217;s Tricontinental Vocation
Samir Amin
The long history of capitalism is composed of three distinct, successive phases: (1) a lengthy preparation—the transition from the tributary mode, the usual form of organization of pre-modern societies—which lasted eight centuries, from 1000 to 1800; (2) a short period of maturity (the nineteenth century), during which the “West” affirmed its domination; (3) the long “decline” caused by the “Awakening of the South” (to use the title of my book, published in 2007) in which the peoples and their states regained the major initiative in transforming the world—the first wave having taken place in the twentieth century. This struggle against an imperialist order that is inseparable from the global expansion of capitalism is itself the potential agent in the long road of transition, beyond capitalism, toward socialism. In the twenty-first century, there are now the beginnings of a second wave of independent initiatives by the peoples and states of the South. hellip; | more |
Stephen Jay Gould #8217;s Critique of Progress
Richard York and Brett Clark
A question of central importance in the interpretation of patterns of evolution is whether history had to turn out the way it did. From before Charles Darwin’s time up to the present it has been commonly assumed that history, both human history and the history of life in general, unfolded in a somewhat deterministic manner, that the present was inevitable, either ordained in Heaven or, in the scientific view, mechanically produced by deterministic natural laws. This view contrasts with that of the historian: that the quirks, chance events, and particularities of each moment make history, and that the world could have been other than it is.… The renowned paleontologist and evolutionary theorist Stephen Jay Gould.…developed a sophisticated and nuanced position that recognized both the importance of general laws and the role of contingency.… If contingency played little part in how history turned out, if the present was inevitable, then it makes little sense to challenge the status quo. However, if contingency dominates history, the future is open, and the world can be another way, as radicals of all varieties have long believed. hellip; | more |
States of Exception #8212;Haiti #8217;s IDP Camps
Valerie Kaussen
According to the Italian philosopher Giorgio Agamben, camps—for example, concentration camps, refugee camps, and internally displaced persons (IDP) camps—risk replacing nation-states as the most representative political spaces of our time. Agamben’s definition of “the camp” includes extra-judicial detention centers such as Guantánamo Bay; airport hotels that hold would-be immigrants awaiting deportation; the marginalized, segregated outskirts of Europe’s large cities; and even gated communities in the United States, with their private security firms and individualized “laws” that govern entry and exit. What all these spaces share is the suspension of national, territorial law and its replacement by police power. Those who reside in these legal dead zones are no longer “citizens”; they live in a state of exception to the law of the land—“exceptions” that are becoming more and more the rule.… Haiti’s IDP camps are indeed “states of exception” that risk becoming permanent fixtures in the post-earthquake urban landscape in and around Port-au-Prince. hellip; | more |
Is There Anything More to Say About the Rosenberg Case?
Staughton Lynd
For more than forty years, defenders of the Rosenbergs have offered an argument unchanged in its essentials. The prosecution obtained the ultimate punishment…[—and that] punishment…was disproportionate and barbaric. However, the Rosenbergs’ defenders now concede that “Julius Rosenberg, code-named ‘Antenna’ and later ‘Liberal,’ had worked as a spy for the Soviet Union.”… The reason for this turnaround is that in 1995 the federal government made public a series of cables, referred to as the “Venona” messages, which were exchanged between the Soviet government and its operatives in the United States during and after the Second World War.… At the end of the play [Waiting for Lefty] a man runs up the center aisle carrying important information that the title character has been killed. These days, I want to shout out to the audience, as did that man, but with a different message. My imagined dramatic scene goes as follows. "Wait, wait!… Listen to me. Please listen.… You’ve heard the Thesis of the defense. You’ve heard the Antithesis of the prosecution. Don’t you want to hear the Synthesis?" hellip; | more |
Exchange: On Nuclear Power
Response to John W. Farley #8217;s #8216;Our Last Chance to Save Humanity #8217;
Southern California Federation of Scientists amp; John W. Farley
Monthly Review has long been on record as opposed to the expansion of nuclear energy. Most recently, some of the dangers of nuclear power, both in its present form and with continuing new technological developments, were spelled out by Robert D. Furber, James C. Warf, and Sheldon C. Plotkin of the Southern California Federation of Scientists, in their article on “The Future of Nuclear Power” (MR, February 2008).… The following correspondence consists of a letter from Brian Lindquist, Walt McCarron, Robert D. Furber, and Sheldon C. Plotkin associated with the Southern California Federation of Scientists, writing in response to John W. Farley’s review, in the September 2010 issue of MR, of James Hansen’s Storms of My Grandchildren. This letter and Farley’s response offer two widely divergent perspectives on this critical issue. hellip; | more |
Poetry:
Greed beyond Avarice
H. Rae Aston
H. Rae Aston is a sculptor, poet, and former journalist. He lives on the shore of the Mille Îles River, north of Montreal, and has been for most of his life an advocate and fighter for socialist governance. Those efforts continue. hellip; | more |
Review:
Cannabis Goes Communist
Daniel Huberman
T.A. Sedlak, Anarcho Grow Pura Vida in Costa Rica (Madison, WI: This Press Kills Fascists Publishing, 2010), illustrated by Leslie LePere, 235 pages, $14.95, paperback.
Anarcho Grow Pura Vida in Costa Rica is a modern story that carefully blends author T.A. Sedlak’s knowledge of Costa Rica and cannabis cultivation with socialist ideals in an American capitalist dominated world.… Protagonist Ben Starosta travels through Latin America under the guise of teaching English while helping small agrarian communities develop illicit crops and reach new markets. His expertise in the risky cannabis trade funds community projects like schools and libraries, and earns him the loyalty of the communities he helps. Tension builds, as his dedication to the people is viewed as dangerous criminal activity by the CIA agents assigned to his case. hellip; | more |
January 2011,
Volume 62, No. 8
c o n t e n t s
raquo;notes from the editors
In November, Fred Magdoff traveled to Shanghai with his wife, Amy Demarest, to attend the Marxism and Ecological Civilization conference at Fudan University (see the Review of the Month in this issue). Here are some reflections from Fred about the conference, Shanghai, and China, past and present. hellip; | more |
Review of the Month:
Ecological Civilization
Fred Magdoff
Given the overwhelming harm being done to the world’s environment and to its people, it is essential today to consider how we might organize a truly ecological civilization—one that exists in harmony with natural systems—instead of trying to overwhelm and dominate nature. This is not just an ethical issue; it is essential for our survival as a species and the survival of many other species that we reverse the degradation of the earth’s life support systems that once provided dependable climate, clean air, clean water (fresh and ocean), bountiful oceans, and healthy and productive soils.… There are numerous ways to approach and think about the enormous harm that has been done to the environment. I will discuss the following: (1) the critical characteristics that underlie strong ecosystems; (2) why societies are not adequately implementing ecological approaches; and (3) how we might use characteristics of strong natural ecosystems as a framework to consider a future ecological civilization. hellip; | more |
Capitalism and Degrowth #8212;An Impossibility Theorem
John Bellamy Foster
[A]lmost four decades after the Club of Rome raised the issue of “the limits to growth,” the economic growth idol of modern society is once again facing a formidable challenge. What is known as “degrowth economics,” associated with the work of Serge Latouche in particular, emerged as a major European intellectual movement in 2008 with the historic conference in Paris on “Economic De-Growth for Ecological Sustainability and Social Equity,” and has since inspired a revival of radical Green thought, as epitomized by the 2010 “Degrowth Declaration” in Barcelona.… Ironically, the meteoric rise of degrowth (d eacute;croissance in French) as a concept has coincided over the last three years with the reappearance of economic crisis and stagnation on a scale not seen since the 1930s. The degrowth concept therefore forces us to confront the questions: Is degrowth feasible in a capitalist grow-or-die society—and if not, what does this say about the transition to a new society? hellip; | more |
Continuing Sources of Marxism: Looking for the Movement as a Whole
Richard Levins
In 1913 Lenin identified three intellectual sources of Marxism: German philosophy, English political economy, and French utopian socialism—each in turn created in the social conditions of their societies. But the process did not end there. Marxism continues to grow and to learn from the most advanced, liberating ideas of each period. (It is also influenced in negative ways, narrowing its horizons and getting dragged along by fashion in times of defeat). Here, I want to identify four contemporary sources of enrichment of Marxism: ecology, feminism, national/racial struggles, and pacifism. It is important to recognize them as sources of ideas, not only as allies in political struggles. Their interaction with Marxism is, of course, different from the pre-Marxist sources. They come to Marxism from the outside, but from an outside already influenced in part by Marxism, and they are both welcomed and resisted. hellip; | more |
Water #8212;On Women #8217;s Burdens, Humans #8217; Rights, and Companies #8217; Profits
Zuhal Ye #351;ilyurt G uuml;nd uuml;z
How is it possible that a person living in a water-rich region uses more water by flushing the toilet than a person in a water-scarce region has available for drinking, food-preparation, hygiene, and cleaning—for a whole day? How is it possible that a woman living in a water-rich region only needs to open the tap to get enough water for herself and her family, while a woman in a water-scarce region has to…walk for miles and miles to get far less water of much worse quality? Why is that so? Is it bad fortune? Unfair? Destiny? Undeserved? Is it unjust? It is all these, but also much more. Water is the essence of life. It is the precondition of life.… This article has two parts. The first deals with dominant positions concerning water: the neoliberal agenda, consequences of water privatization, and the UN stance. The second part looks at what is missing in this picture and ignored by the dominant perspectives—namely, global inequalities and gender discrimination. hellip; | more |
New This Week!
Review:
Heinberg #8217;s New Coal Question
Ryan Wishart
Richard Heinberg, Blackout: Coal, Climate and the Last Energy Crisis (Gabriola Island, BC: New Society Publishers, 2009), 208 pages, $18.95, paperback.
Coal today lies at the very center of the world predicament over the future of energy and the climate. An indication of this can be found in the November 18, 2010, issue (vol. 468) of the leading scientific journal Nature, which includes an article by Richard Heinberg and David Fridley entitled “The End of Cheap Coal.” The article opens with the startling words: “World energy policy is gripped by a fallacy—the idea that coal is destined to stay cheap for decades to come.” What follows is a short, dramatic discussion of problems (geological, economic, and environmental) constraining future coal production and consumption. Heinberg and Fridley’s argument here has been developed more extensively in Heinberg’s recent book Blackout: Coal, Climate, and the Last Energy Crisis, which provides us with yet another indication of the momentous challenge and burden of our historical time. hellip; | more |
December 2010,
Volume 62, Number 7
c o n t e n t s
raquo;notes from the editors
On October 16, MR editor John Bellamy Foster attended a lecture in Eugene, Oregon given by James Hansen, director of NASA’s Goddard Institute for Space Studies. Hansen is the leading U.S. climatologist and the world’s foremost voice for carbon emissions reductions. According to Hansen, we are facing two major tipping points associated with climate change: (1) ice sheet disintegration in Antarctica and Greenland, leading to a massive global sea level rise; and (2) a sudden acceleration in species extinction rates (already 100 to 1,000 times the preindustrial “background rate”), as climate zones begin to move much faster than species can move in response.… Hansen’s message was clear: the future of the planet will be in many ways determined by what we do “in the next several years.” This, he insists, is not a problem to be left to the next generation, since we “could create a situation out of the control of young people by the time they become adults.” hellip; | more |
Review of the Month:
ALBA and the Promise of Cooperative Development
Martin Hart-Landsberg
Existing international economic institutions and relations operate in ways detrimental to third world development. That is why eight Latin American and Caribbean countries—led by Venezuela, Cuba, and Bolivia—are working to build the Bolivarian Alliance for the Americas (ALBA), a regional initiative designed to promote new, nonmarket-shaped structures and patterns of economic cooperation.… In response to worsening international economic conditions, ALBA has recently stepped up efforts to promote a full-blown regional development process.… Although the precise terms of the agreement are still to be negotiated, official statements point to the creation of an integrated trade and monetary zone, with a new regionally created currency, the sucre. hellip; | more |
Blood on the Path of Love: The Striking Workers of Faisalabad, Pakistan
Qalandar Bux Memon
The government and the bosses go hand-in-hand; more often than not, the bosses are the government.…today’s Pakistani elite are incestuously interconnected via family relations and marriages with a large patronage network of squabbling, but self-serving, interest groups. Their rationale is to keep the country and its resources for themselves: they negotiate among themselves and take the spoils from any sales to the international elite.… Against these latter-day pharaohs stand the conscious and spirited workers.… Mian Qayyum, Bawa Lalif Ansari, and Muhammad Rana [are contemporary narrators of their struggle.] hellip; | more |
The Loneliness of the Long-Distance Test Scorer
Dan DiMaggio
Standardized testing has become central to education policy in the United States. After dramatically expanding in the wake of the No Child Left Behind Act, testing has been further enshrined by the Obama administration’s $3.4 billion “Race to the Top” grants. Given the ongoing debate over these policies, it might be useful to hear about the experiences of a hidden sector of the education workforce: those of us who make our living scoring these tests. hellip; | more |
A Centennial Remembrance:
Two Letters on Monopoly Capital Theory
Paul A. Baran and Paul M. Sweezy
Paul Baran and Paul Sweezy’s voluminous correspondence in the 1950s and early 1960s ranks as one of the crucial exchanges of letters between Marxist political economists in the second half of the twentieth century, and, indeed, in the entire history of Marxist thought.… Only a few letters in their extensive correspondence have been published so far.… We have thus chosen to publish two additional letters here in recognition of the joint centennial of the births of the two Pauls: Paul Baran (1910-1964) and Paul Sweezy (1910-2004). hellip; | more |
Reviews:
The Indiscreet Banality of the Bourgeoisie
Jeff Dardozzi
Pat Murphy, The Green Tragedy: LEED’s Lost Decade (Yellow Springs, OH: The Arthur Morgan Institute for Community Solutions, 2009), 96 pages, $12.95, paperback.
Pat Murphy’s new book, The Green Tragedy: LEED’s Lost Decade, is a dry but worthwhile effort to debunk the U.S. Green Building Council’s (USGBC) claims regarding its flagship LEED program. Anyone interested in solid accounting of the shortcomings of the LEED rating system and the buildings it certifies will find his book compelling.… While his critique of LEED is valid, Murphy alternatively advocates for the hyper-rationality of the Passive House as a response to the ecological crisis, failing to understand that the crisis is social in origin. hellip; | more |
Free-Market Feminism
Johanna Brenner
Hester Eisenstein, Feminism Seduced: How Global Elites Use Women’s Labor and Ideas to Exploit the World (Boulder, CO: Paradigm Publishers, 2010), 272 pages, $26.95, paperback.
Feminism Seduced, written for a general audience, presents a powerful, historically grounded critique of liberal feminism. Drawing on three decades of writing by socialist/Marxist feminists and women-of-color feminists, Eisenstein weaves a compelling account of how the central ideas of “hegemonic feminism” have legitimized the corporate capitalist assault on the working class in the United States and on small farmers and workers, both urban and rural, in the global South.… However, when Eisenstein moves from critique to offering an alternative strategy, she only recycles dualisms that have, as she acknowledges, bedeviled the women’s movement for well over one hundred years. hellip; | more |
November 2010,
Volume 62, Number 6
c o n t e n t s
raquo;notes from the editors
Although the Great Recession officially ended in the U.S. economy more than a year ago (June 2009), for most people—especially the long-term unemployed, minorities, and youth—the effects are far from over. Indeed, it is a measure of the economic malaise in which the industrialized countries remain mired that the specter of stagnation is once again haunting mainstream discourse. As Paul Krugman recently observed, the U.S. economy is experiencing “what looks increasingly like a permanent state of stagnation and high unemployment” akin to the 1930s (“This is Not a Recovery,” New York Times, August 26, 2010). hellip; | more |
Review of the Month:
Capitalism and the Curse of Energy Efficiency: The Return of the Jevons Paradox
John Bellamy Foster, Brett Clark, and Richard York
The curse of energy efficiency, better known as the Jevons Paradox—the idea that increased energy (and material-resource) efficiency leads not to conservation but increased use—was first raised by William Stanley Jevons in the nineteenth century. Although forgotten for most of the twentieth century, the Jevons Paradox has been rediscovered in recent decades and stands squarely at the center of today’s environmental dispute. hellip; | more |
The Humanization of the Cosmos—To What End?
Peter Dickens
Society is increasingly humanizing the cosmos. Satellites have for some time been central to the flow of information, to surveillance, and to the conduct of warfare. As these examples suggest, however, the humanization of the cosmos is primarily benefiting the powerful. hellip; The time has come to consider alternative forms of cosmic humanization. These would enhance the prospects of the socially marginalized. They would also allow humanity to develop a better understanding of the cosmos and our relationship to it. hellip; | more |
Mexico: “Failed States,” New Wars, Resistance
James D. Cockcroft
A social volcano is bubbling in Mexico. Nearly half the country’s eligible voters showed their disgust with the country’s political parties by staying away from the polls in the off-year elections of July 2010. All the major political parties have become neoliberal and corrupt. Broad-based social movements are resisting a right-wing offensive, which, building on twenty-eight years of neoliberal economic policies, has led to the country’s increasing militarization. hellip; The economic agony of the masses has generated a growing resistance: guerrilla wars and local nonviolent uprisings. hellip; Washington looks on these events with baleful eyes and oils its guns. After all, Mexico is the second trading partner of the United States and the third largest provider of the black gold to the northern giant. hellip; | more |
Dreams of Revolution: Oklahoma, 1917
John Womack, Jr. and Roxanne Dunbar-Ortiz
In August 1917, tenant farmers and sharecroppers in several eastern and southern Oklahoma counties took up arms to overthrow the United States government, to stop military conscription and U.S. entry into the war in Europe. Renegade Socialists, organized in their own “Working Class Union” (WCU), white, black, and Indian, they believed that millions of armed working people across the country would march with them to take Washington. hellip; The rebellion attracted immediate national attention, but did not last long. Posses of local patriots put it down in a few days, killing one “draft resister” in action and an innocent roadblock-runner along the way. hellip; ninety-odd years after the rebellion, we still do not know much more than the old local story.
hellip; | more |
Reprise:
The Guilt of Capitalism
Paul M. Sweezy
Though it is neither written nor marketed as such, Who Owns the Sun? by researcher/activists Daniel Berman and John O’Connor, is a devastating indictment of capitalism. As it has developed in the last two centuries, this system is an enormous user of energy, most of it derived from the burning of fossil fuels (coal, oil, natural gas). An additional—and in some parts of the world increasing—source is nuclear fission. hellip; Clearly if humanity, not to speak of other forms of life, is to have a future, nothing could be more important than phasing out these sources of energy. So much, I believe, is what can be appropriately called ecological common sense. hellip; | more |
October 2010,
Volume 62, Number 5
c o n t e n t s
raquo;notes from the editors
To understand the disaster that is present-day economics, it is crucial to recognize that we are living today, not only in the deepest economic crisis/stagnation since the Great Depression, but also—as Paul Krugman declared in his New York Times blog on January 27, 2009—in “A Dark Age of Macroeconomics,” in which the central discoveries of the 1930s have been forgotten or discarded. hellip; The critical knowledge lost that gave rise to the new Dark Age in Macroeconomics, he claimed, was none other than the Keynesian Revolution centered on the critique of Say’s Law, or the notion that supply creates its own demand. In the context of arguing against government deficit spending, leading economists at the University of Chicago, the bastion of reaction in economics, have reverted to a “pure Say’s Law, pure ‘Treasury view’” by insisting that increased savings automatically lead to increased investment, while government borrowing invariably “crowds out” investment. hellip; | more |
Review of the Month:
The Financialization of Accumulation
John Bellamy Foster
In 1997, in his last published article, Paul Sweezy referred to “the financialization of the capital accumulation process” as one of the three main economic tendencies at the turn of the century hellip;. All traditions of economics, to varying degrees, have sought to separate out analytically the role of finance from the “real economy.” Accumulation is conceived as real capital formation, which increases overall economic output, as opposed to the appreciation of financial assets, which increases wealth claims but not output. In highlighting the financialization of accumulation, Sweezy was therefore pointing to what can be regarded as “the enigma of capital” in our time. hellip; Now more than ever, as Marx said, “an accumulation of debts” appears as “an accumulation of capital,” with the former increasingly effacing the latter. hellip; | more |
The Crisis of Capitalism in Europe, West and East
Özlem Onaran
Capitalism is facing a major realization crisis—an inability to sell the output produced, i.e., to realize, in the form of profits, the surplus value extracted from workers’ labor. Neoliberalism can be viewed as an attempt initially to solve the stagflation crisis of the 1970s by abandoning the “Keynesian consensus” of the “golden age” of capitalism hellip;, via an attack on labor. hellip; However, the system’s success, partially due to neoliberalism, in reviving profits engendered a potential realization crisis, due to low wages and investment. hellip; | more |
Equality and Rights for Immigrants—the Key to Organizing Unions
David Bacon
Organizing immigrant communities is not a matter of taking pity on the downtrodden. It is a matter of understanding what is necessary for the survival of our communities, of our labor movement. If we are serious in wanting to build political power, then we must incorporate migrant workers, fight for their rights, and make the movement for social justice one that belongs to all of us, documented and undocumented. hellip; | more |
Poetry:
Two Poems
Marilyn Buck
When Marilyn Buck died last August 3, she had lived outside prison, on parole, for only twenty days. At age sixty-two, she had spent her last twenty-five years in various maximum security prisons. Before that, she lived years underground, supporting and taking part in actions with the Black Panther Party and later, the Black Liberation Army. Marilyn was a white woman who carried a great deal of pain, most of which came from her unflinching acknowledgement of the centuries of untold inequities suffered by African Americans and other people of color at the hands of “freedom-loving” white America. hellip; | more |
The Great Financial Crisis—Three Years On
John Bellamy Foster and Fred Magdoff
The Great Financial Crisis began in the summer of 2007 and three years later, despite a putative “recovery,” it is still having profound effects in the United States, Europe, and in much of the world. Austerity is being forced on working people in many countries. hellip; Much of the attention devoted to determining the cause of the crisis has been directed at the role of “subprime” mortgages in the United States that were sold to low-income people who had little chance of being able to pay the mortgages on their homes. hellip;despite the instability generated by such loans, and a whole host of exotic financial instruments associated with them, the very severity of the Great Financial Crisis suggests that it was not primarily a product of such speculative practices. Rather, it was the outcome in the main of long-term structural factors, reflected in the secular decline in economic growth rates and the long-run increase of financial fragility and instability. hellip; | more |
Review:
Red Cop in Red China
Jonah Raskin
Review of Qiu Xiaolong, Death of a Red Heroine (2000), 464 pages, $14.00; A Loyal Character Dancer (2002), 360 pages, $14.00; When Red Is Black (2004), 320 pages, $13.00, all published in New York by Soho Crime; and A Case of Two Cities (2006), 320 pages, $13.95; Red Mandarin Dress (2007), 320 pages, $13.95; The Mao Case (2009), 304 pages, $13.99, all published in New York by Minotaur Books. hellip; | more |
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Monthly Review
About the Editors:
Paul M. Sweezy (1910-2004)
Harry Magdoff (1913-2006)
John Bellamy Foster
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