One of the achievements of Roosevelt’s New Deal administration during the Great Depression was the introduction in 1938 of the federal minimum wage, then set at twenty-five cents an hour. At no time in its history has the minimum wage kept workers out of poverty. But it has helped to stave off the full depths […]
A historical perspective on the economic stagnation afflicting the United States and the other advanced capitalist economies requires that we go back to the severe downturn of 1974–1975, which marked the end of the post-Second World War prosperity. The dominant interpretation of the mid–1970s recession was that the full employment of the earlier Keynesian era […]
In Marx’s work, no final presentation of his theory of crisis can be found. Instead, there are various approaches to explain crises. In the twentieth century, the starting point for Marxist debates on crisis theory was the third volume of Capital, the manuscript of which was written in 1864–1865. Later, attention was directed towards the […]
In Angola in the spring of 1988 the armed forces of apartheid South Africa and the US-backed mercenaries of Jonas Savimbi were defeated by the combined force of the Cuban military, the Angolan army, and the military units of the liberation movements of South Africa and Namibia. This led directly to the independence of Namibia […]
Prohibited from meeting openly by South Africa’s apartheid government, the Seventh Congress of the South African Communist Party was held in Cuba in April 1989. When Jorge Risquet, one of Fidel Castro’s shrewdest and most trusted colleagues, addressed the gathered members, he was greeted with the resounding salutation “Viva Cuito Cuanavale!” For the South African […]
When confronted with any big decision in life, I hear my mom’s voice telling me to listen to my gut. This has worked for personal adventures ranging from backpacking to parenting, even though at times it can be hard to quiet the social noise that prevents us from “hearing” what our instincts have to say. […]
Maximilian Forte, Slouching Towards Sirte (Montreal: Baraka Books, 2012), 341 pages, $27.95, paperback. Perhaps no war in recent memory has so thoroughly flummoxed the Euro-Atlantic left as the recent NATO war on Libya. Presaging what would occur as U.S. proxies carried out an assault on Syria, both a pro-war left and an anti-anti-war left [gave] […]
Clairmont Chung, editor, Walter A. Rodney: A Promise of Revolution (New York: Monthly Review Press, 2012), 117 pages, $17.95, paperback. The name “Walter Rodney” has receded from public memory in the last few decades. Only yesterday, it seems to this reviewer, Rodney was the most promising young political scholar of Afro-Caribbean origin, influential from parts […]