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Monthly Review, April 1982 partial cover

Marxism for the Few

Or, Let 'Em Eat Theory

The political ineffectuality of Marxism in the United States is the consequence most importantly of the nature and history of U.S. capitalism. But also important in explaining this feebleness is what Marxists have and have not done, who they are, and their “style.” | more…

Venezuela: Who Could Have Imagined?

Michael A. Lebowitz, Build It Now: Socialism for the Twenty-First Century (New York: Monthly Review Press, 2006), 127 pages, paperback, $14.95.

This short work consists of two parts: analytical and programmatic. The analytical emphasis is upon the most important crime of capitalism: namely–its dependence upon alienation/dehumanization | more…

Havoc, Inc.: Running Amok with Uncle Sam

Larry Everest, Oil, Power and Empire: Iraq and The U.S. Global Agenda (Monroe, Maine: Common Courage Press, 2004), 391 pages, paperback $19.95.

The Second World War is seen as the worst disaster in history; what is barely understood is that after the war the United States was the only nation with significant economic and military power and that, tragically, the stage had been set for an immeasurably worse chain of disasters—of which the Iraqi war is neither the last nor the worst, unless “We the People” make this our country. | more…

Refuting the Big Lie

Hugh Stretton, Economics: A New Introduction (Pluto Press, 1999), 864 pages, $90 hardcover, 35 paper.

Capitalism was first firmly established in Britain in the eighteenth century and it was then and there that economics was born, in Adam Smith’s Wealth of Nations (1776). Economists have served capitalism ever since, but only in the past quarter-century has capitalism needed—and gotten—so much from them | more…

Blues for America: A Critique, A Lament, and Some Memories

Blues for America: A Critique, A Lament, and Some Memories

Blues for America combines an historical critique of the “American Century” with journalistic reports and personal anecdotes. Doug Dowd, an economics professor and long-time troublemaker, traces the socioeconomic history of our country decade by decade in a style reminiscent of Dos Passos’ U.S.A. Blues for America is an engrossing read, filled with incisive observations and biting humor. | more…