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.
Volume 62, Issue 10 (March)
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.
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?
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?
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.