November 2009,
Volume 61, Number 6

c o n t e n t s
»notes from the editors

The Monthly Review sixtieth anniversary celebration at the New York Society for Ethical Culture on September 17, 2009, was a great success. A large crowd turned out to hear Grace Lee Boggs, John Bellamy Foster, Robert W. McChesney, Fred Magdoff, Michael Tigar, Toshi Reagon (providing music), and the Reverend Jeremiah Wright, and to celebrate MR’s birthday. We would like to thank all those who participated in this extraordinary event. Dr. Wright captured the tone of the evening, declaring that: “Militarism, capitalism and racism, domestic oppression, foreign military aggression, victims of neo-colonialism, victims of community and national racism, and the Cold War days in its infancy to the needless war in Vietnam in its [MR’s] second decade, through wars of greed in Afghanistan and Iraq in [its] sixth decade” were all incisively covered by the magazine. He spoke of Monthly Review’s indefatigable insistence on the need to put “people before profits,” and its unflinching criticisms of inequality, injustice, and the realities of capitalism. (See Daa’iya L. Sanusi, Amsterdam News, September 24-30, 2009)… | more |

Review of the Month:
The Paradox of Wealth: Capitalism and Ecological Destruction
John Bellamy Foster and Brett Clark

Today orthodox economics is reputedly being harnessed to an entirely new end: saving the planet from the ecological destruction wrought by capitalist expansion. It promises to accomplish this through the further expansion of capitalism itself, cleared of its excesses and excrescences. A growing army of self-styled “sustainable developers” argues that there is no contradiction between the unlimited accumulation of capital — the credo of economic liberalism from Adam Smith to the present — and the preservation of the earth. The system can continue to expand by creating a new “sustainable capitalism,” bringing the efficiency of the market to bear on nature and its reproduction. In reality, these visions amount to little more than a renewed strategy for profiting on planetary destruction…

Capitalism and the Ecological Footprint
Samir Amin

Our Ecological Footprint by Mathis Wackernagel and William Rees (1996) instigated a major strand in radical social thinking about construction of the future.
The authors not only defined a new concept — that of an ecological footprint — they also developed a metric for it, whose units are defined in terms of “global hectares,” comparing the biological capacity of societies/countries (their ability to produce and reproduce the conditions for life on the planet) with their consumption of resources made available to them by this bio-capacity.
The authors’ conclusions are worrying…

What Needs To Be Done:
A Socialist View
Fred Magdoff and Michael D. Yates

Today the capitalist economies of the world are in deep trouble. Some economists have theorized that the linkages between the United States and the rest of the world had been weakened as other nations gained more economic autonomy. A decoupling thesis was presented claiming that a crisis in one part of the system (say, North America) would not affect other major parts (say, Europe and Asia). We now know this is not true. Toxic assets were sold around the world, and banks in Europe, Asia, and Japan are in trouble too. Housing bubbles have burst in Ireland, Spain, and many other countries. In Eastern Europe, homes were bought with loans from Swiss, Austrian, and other European banks, payable in European currencies. As the economies of Hungary and other nations in the region, which financed their explosive growth with heavy borrowing from Western banks, have gone into recession, their currencies have suffered a sharp deterioration in exchange rates. This means that mortgage payments have risen sharply, as it now takes many more units of local currency to buy the Swiss francs or euros needed to pay the loans. In some cases, mortgage payments have doubled…

New This Week!
The Resistable Rise and Predictable Fall of the U.S. Supermax
Stephen F. Eisenman

In a recent article entitled “The Penal State in an Age of Crisis” (Monthly Review, June 2009), Hannah Holleman, Robert W. McChesney, John Bellamy Foster, and R. Jamil Jonna sought to account for the surprising stability of civilian government spending (non-defense government consumption and investment) as a percentage of GDP during a period, roughly 1970 to the present, when the power of capital over labor increased, inequality grew, and cuts in government programs for the poor and working class continued more or less without abatement. One solution to the paradox, the authors persuasively argued, was the growth in spending for “the penal state,” a political regime marked by the mass incarceration of the poor and the vulnerable who posed risks to the stability of the prevailing economic and social order…

Can Ecological Agriculture Feed Nine Billion People?
Jules Pretty

Something is wrong with our agricultural and food systems.1 Despite great progress in increasing productivity in the last century, hundreds of millions of people remain hungry and malnourished. Further hundreds of millions eat too much, or consume the wrong sorts of food, and it is making them ill. The health of the environment suffers too, as degradation of soil and water seems to accompany many of the agricultural systems we have developed in recent years. Can nothing be done, or is it time for the expansion of an agriculture founded more on ecological principles and in harmony with people, their societies, and cultures?

Poetry:
Ballad of the Poverties
Adrienne Rich

Adrienne Rich is the author of more than sixteen volumes of poetry and five nonfiction prose books, the most recent being A Human Eye: Essays on Art in Society (Norton). She is the recipient of numerous awards and prizes, including a MacArthur Fellowship and the 1999 Lannan Foundation Lifetime Achievement Award.

Correspondence:
The Real Economy & the Bubble Economy

We recently received a very thoughtful letter from Ted Trainer, an Australian ecological socialist (author of Abandon Affluence! and Saving the Environment) who teaches at the University of New South Wales, asking us about the “surplus problem” and its relation to borrowing in the present economic crisis. We wrote a short reply with our answers. —Eds.

October 2009,
Volume 61, Number 5

c o n t e n t s
»notes from the editors

At the time of this writing (late August), the business news in the United States is full of discussions of “recovery” from the worst economic crisis since the Great Depression. Yet, while the economy appears to have bottomed out and a recovery of sorts may be in the works, this is in many ways misleading. Although a technical or formal recovery seems quite likely by the end of the year — with a small increase in economic growth mainly due to inventory restocking — it is unlikely to feel like a recovery to most individuals in the society. This is because official unemployment is projected to rise to the low double-digits by the end of this year or the beginning of next year — with the numbers of those dropping out of the labor market due to discouragement, or seeking part-time work because they are unable to obtain a full-time job, also growing. All of this points to a “jobless” and “wageless” recovery. As New York University economist Nouriel Roubini wrote in an August 13 column for Forbes.com, “It is very difficult to argue that the U.S. economy is not still in a recession while the labor market is still weak.” Indeed, what is really at issue is not simply recession and recovery but the longer-term structural crisis of capitalism. This is the subject of the Review of the Month, which seeks to place the current crisis in the context of the long-term development of capital accumulation and crisis… | more |

Review of the Month:
Monopoly-Finance Capital and the Paradox of Accumulation
John Bellamy Foster and Robert W. McChesney

This month marks the eightieth anniversary of the 1929 Stock Market Crash that precipitated the Great Depression of the 1930s. Ironically, this comes at the very moment that the capitalist system is celebrating having narrowly escaped falling into a similar abyss. The financial crash and the decline in output a year ago, following the collapse of Lehman Brothers, was as steep as at the beginning of the Great Depression. “For a while,” Paul Krugman wrote in the New York Times in August, “key economic indicators — world trade, world industrial production, even stock prices—were falling as fast or faster than they did in 1929-30. But in the 1930s the trend lines kept heading down. This time, the plunge appears to be ending after just one terrible year.” Big government, through the federal bailout and stimulus, as well as the shock-absorber effects of the continued payouts of unemployment and Social Security benefits, Medicare, etc., slowed the descent and helped the economy to level off, albeit at a point well below previous output…

Lessons from the New Deal Public Employment Programs
Nancy E. Rose

The following essay is adapted from the concluding chapter of the new edition of Nancy Rose’s Put to Work, just published by Monthly Review Press. The book is an examination of the various work programs implemented by the New Deal during the Great Depression. This second edition is especially appropriate, as we are now experiencing the most severe economic crisis since the 1930s, what some are calling the “Great Recession,” and there is once again much talk about putting people to work.

Nothing before or after the 1930s has matched the magnitude of the FERA, CWA, and WPA-programs that provided work each month for several million people, paid decent wages, and developed innovative projects in construction, the arts, and the production of consumer goods…

Saying More with Less
Eduardo Galeano interviewed by Jonah Raskin

Eduardo Galeano, who was born in Uruguay in 1940, has written big, thick books. Open Veins of Latin America (1973), which Hugo Chávez of Venezuela handed to Barack Obama in May, hoping it would teach him history, is more than 300 pages. Then there's Galeano’s Memory of Fire Trilogy: Genesis, Faces & Masks, and Century of the Wind that adds up to nearly 1,000 pages. More recently, he has written shorter books, and practiced a kind of ecology of the word. Mirrors, his newest work, contains more than one hundred short entries about almost everything — from salt to maps and money, and almost everyone, from Cleopatra to Alexander Hamilton and Che Guevara. None of the entries is longer than a single page. Not surprisingly, Galeano’s answers to the questions in this interview are pithy, poetic, humorous, and sometimes oblique. “I'm fighting word inflation, which in Latin America is worse than monetary inflation,” he says. “I try to say more with less — because less is more.” -J.R.

John Brown — 150 Years After Harpers Ferry
Terry Bisson

October 16, 2009, marks the sesquicentennial of the attack by John Brown and his forces on the federal arsenal at Harpers Ferry, West Virginia. The attack itself was carried out by nineteen men, while three remained as a rear guard. Brown was captured, executed, and buried—along with ten men who died as a result of the attack, including one of his sons—at his farmstead in North Elba in the Adirondack Mountains of New York. His burial was within the African American community in which he had lived for a time, Timbuctoo…

I dreamed I saw John Brown last night…

Do Increased Energy Costs Offer Opportunities for a New Agriculture?
Frederick Kirschenmann

One of the great missteps in most of the future energy scenarios propagated in the popular media is the notion that we can transition to “alternative, renewable energy” and thereby “wean ourselves from Mideast oil.” The underlying assumptions in this scenario seem to be that energy supply is an isolated challenge that can be solved without major systemic changes, that we can meet that challenge by simply switching from one energy source to another—from fossil fuels to wind, solar, biofuels or a host of other alternatives—and that our current industrial culture and economy then can continue on the present course…

Gouldiana Rising
Richard York

Reviewed: Warren D. Allmon, Patricia H. Kelley, and Robert M. Ross, eds., Stephen Jay Gould: Reflections on His View of Life (New York: Oxford University Press, 2009), 400 pages, $34.95, hardcover.

Stephen Jay Gould, best known to the general public for his nearly three decades of regular essays published in the popular magazine Natural History, was prolific and, although he always emphasized that he was a tradesman, specializing in paleontology and evolutionary theory, he was nonetheless a polymath, demonstrating a sophisticated understanding of art, literature, philosophy, history, and a variety of sciences, both social and natural. The vast body of work he has bequeathed to the literate public — the Republic of Letters, as he affectionately called us — is filled with gems of insight, fascinating observations, and no shortage of controversy. No one who has read Gould with care can avoid noticing his abiding love for learning and teaching, his unbridled enthusiasm for grappling with nature’s mysteries, and his fascination with humanity in all of its many forms. In many ways, Gould’s writing was deeply personal, demonstrating one man’s struggle to understand the natural world and our place in it. However, in other ways, Gould, the man, remained elusive and inaccessible to those who only knew him through his writing…

A Theory of Globalized Capitalism
Jeffery R. Webber

Reviewed: William I. Robinson, Latin America and Global Capitalism: A Critical Globalization Perspective (Baltimore: The John Hopkins University Press, 2008), 412 pages, $55.00, hardcover.

Latin America and Global Capitalism delivers a scathing indictment of neoliberal globalization from an explicitly anti-capitalist perspective. Its scope is theoretically and empirically ambitious, beginning with a wide-ranging treatment of structural shifts in global capitalism since the early 1970s, before turning to rigorous examination of a range of themes in Latin American political economy in light of these global changes. Robinson then brings these threads together with an argument that neoliberalism entered its twilight phase in the region beginning with the recession of the late 1990s and early 2000s, as extra-parliamentary mass movements concomitantly exploded onto the scene and a variety of self-described left governments took office. The focus then tightens, with conjunctural analyses of the current upsurge in indigenous revolts, the immigrant rights movement in the United States, and the complicated and contradictory processes of the Bolivarian Revolution in Venezuela…

September 2009,
Volume 61, Number 4

c o n t e n t s
»notes from the editors

This month’s Review of the Month by Martin Hart-Landsberg, which addresses the Bolivarian Alternative for the America’s (ALBA), was written before the June 28, 2009, military coup d’état in Honduras (an ALBA member country) that deposed democratically elected President Manuel Zelaya, expelling him from the country. Here are seven facts on the coup:… | more |

Review of the Month:
Learning from ALBA and the Bank of the South: Challenges and Possibilities
Martin Hart-Landsberg

The current period is marked by three overlapping developments: the failure of neoliberalism, the crisis of the East Asian export-led growth model, and South American efforts to advance an alternative regional development strategy. The combination has created a political environment offering important opportunities for those committed to the international struggle to supplant capitalism…

A Different Perspective on the U.S.-India Nuclear Deal
Peter Custers

The U.S.-India nuclear deal was initiated through a framework agreement signed by India’s Prime Minister Manmohan Singh and U.S. President Bush in July 2005. India, at the instigation of Washington, agreed to separate its civilian and military nuclear production facilities, and place all civilian production facilities under the inspection regime of the International Atomic Energy Agency (IAEA), in return for U.S. economic, technological, and military cooperation. The nuclear deal, which took three years to complete, is officially aimed at promoting India’s access to uranium and to civilian nuclear technology, through enlarged importation of both. Whereas nuclear energy contributed a reported 2.5 percent of India’s energy requirements in 2007, the deal is expected to boost the contribution of the nuclear sector to India’s electricity supply, without reducing India’s primary dependence on coal. From its very start, the U.S.-India nuclear deal has generated huge controversies, both in India and internationally. The intent here is to lay bare the implications of the deal for the creation of waste, while putting aside, for the moment, other important controversies associated with the nuclear agreement…

Globalization of Agribusiness and Developing World Food Systems
John Wilkinson

The issue of the global concentration of agribusiness is crucial to the future of the food systems of developing (and poor, non-developing) countries. These countries have been a target of corporate investments from the outset of the industrial food system. This process has been uneven — at different times corporate investment has focused on one or another part of the food system. Today, this uneven and often uncoordinated foray of metropolitan corporate capital is still subjugating the agriculture and domestic food markets of many developing countries, particularly smaller, peripheral ones undergoing rapid urbanization, to the needs of global agribusiness. For some of the larger developing countries, however, national capitalists are the principal force behind the emerging urban food system. In addition, the state has been playing a key role in the consolidation of the urban food system in certain emerging economies…

Against Literary Imperialism: Storming the Barricades of the Canon
Bruce Robbins

My copy of The Mythology of Imperialism, the 1973 paperback that sold for $2.75, has lots of notes in the margins. They’re excited notes, not always comprehensible now, from the first course I ever taught, a small unofficial seminar on literature and imperialism. I’ve lost the syllabus, but I remember that we read Raskin’s books: Kipling, Conrad, Forster, and Orwell. I’m not sure I would have had the idea, or the courage, to follow that syllabus in my second or third year of graduate school teaching if The Mythology of Imperialism hadn’t made its miraculous, incandescent appearance. I certainly wouldn’t have known which writers to teach, or for that matter how to start talking about them. This was before Edward W. Said’s Orientalism appeared in 1978, before the academic field of postcolonial studies had been invented. There must have been more advanced people out there — it sometimes seemed to me that everybody at Harvard was more advanced than I was — but if they had figured out why and how imperialism mattered to us, they weren’t raising their hands and making speeches about it in any of the classes I took…

Indigenous Resistance in the Americas and the Legacy of Mariátegui
Roxanne Dunbar-Ortiz

Reviewed: Marc Becker, Indians and Leftists in the Making of Ecuador’s Modern Indigenous Movements (Durham: Duke University Press, 2008), 356 pages, $22.95, paperback.

Following the 2005 election of the first Indigenous president of any country in the Americas — Evo Morales in Bolivia — I commented in MRzine on the fact that many were taken by surprise by this seemingly sudden occurrence out of nowhere, but only because they had not been paying attention to the development of the international Indigenous movement over the past three decades…

Unions Must Move Left, They Have No Alternative
David Bacon

Reviewed: Solidarity Divided by Bill Fletcher, Jr. and Fernando Gapasin, (Berkeley: University of California Press, 2008), 324 pages, $17.95, paper.

Through the 1980s I was a union organizer and activist in our Bay Area labor anti-apartheid committee. As we picketed ships carrying South African cargo, and recruited city workers to support the African National Congress (then called a terrorist organization by both the United States and South Africa), I looked at South African unions with great admiration…

July-August 2009,
Volume 61, Number 3

c o n t e n t s
»notes from the editors

A new book by economist Frank Ackerman, Can We Afford the Future?: The Economics of a Warming World (Zed, 2009), presents an important and startling thesis: “As the climate science debate is reaching closure, the climate economics debate is heating up. The controversial issue now is the fear that overly ambitious climate initiatives could hurt the economy”(6). With climate-change skeptics losing influence, mainstream economists — always the ultimate ideological defenders of the capitalist system — are stepping into the breach to ensure inaction on global warming. Armed with cost-benefit analyses, they report that saving the planet for its inhabitants may be all very well and good… but it is simply too expensive for the capitalist economy to afford…  | more |

Agriculture and Food in Crisis:
Conflict, Resistance, and Renewal

An Overview of the Food and Agriculture Crisis
Fred Magdoff and Brian Tokar

“Could Food Shortages Bring Down Civilization?,” asks the title of an article by Lester Brown in Scientific American (May 2009). Just a few years ago, such a question would have seemed almost laughable. Few will be surprised by it today.

In 2008 people woke up to a tsunami of hunger sweeping the world. Although the prospect of rising hunger has loomed on the horizon for years, the present crisis seemed to come out of the blue without warning. Food riots spread through many countries in the global South as people tried to obtain a portion of what appeared to be a rapidly shrinking supply of food, and many governments were destabilized…

Understanding the Agrifood Crisis

Food Wars
Walden Bellow and Mara Baviera

In 2006–08, food shortages became a global reality, with the prices of commodities spiraling beyond the reach of vast numbers of people. International agencies were caught flatfooted, with the World Food Program warning that its rapidly diminishing food stocks might not be able to deal with the emergency…

The World Food Crisis in Historical Perspective
Philip McMichael

The “world food crisis” of 2007–08 was the tip of an iceberg. Hunger and food crises are endemic to the modern world, and the eruption of a rapid increase in food prices provided a fresh window on this cultural fact. Much like Susan George’s well-known observation that famines represent the final stage in an extended process of deepening vulnerability and fracturing of social reproduction mechanisms, this food “crisis” represents the magnification of a long-term crisis of social reproduction stemming from colonialism, and was triggered by neoliberal capitalist development…

Sub-Saharan Africa’s Vanishing Peasantries and the Specter of a Global Food Crisis
Deborah Fahy Bryceson

Likened to a sudden tsunami, reports of declining staple food availability and the possibility of a world food crisis first appeared in the international press in late 2007.1 Sub-Saharan Africa, with its deepening need for disaster food relief in arid and war-torn areas, was most vulnerable. The economic viability of western donors’ food aid to the continent was increasingly being stretched. As food riots flared in various Asian and Latin American cities, urban food riots also began surfacing in Africa, alongside the perennial threat of rural famine…

Origins of the Food Crisis in India and Developing Countries
Utsa Patnaik

India has had a growing problem with food output and availability for the mass of the population since the inception of neoliberal economic reforms in 1991. A deep agricultural depression and rising unemployment rates resulting from “reform” policies have made the problem especially acute over the past decade. There has been a sharp decline in per capita grain output as well as grain consumption in the economy as a whole. Income has been shifting away from the majority towards the wealthy minority and a substantial segment of the population is being forced to eat less food and wear older clothing than before. This is exacerbated by the current global depression, which is further constraining mass consumption because of rising unemployment…

Free Trade in Agriculture: A Bad Idea Whose Time Is Done
Sophia Murphy

The push for “free trade” in agriculture first took hold in the 1980s. It was part of a package of policies and investments that moved food and agriculture systems away from government control (too often centralized and unresponsive) toward private ownership. Ironically, private ownership has led to an even more centralized and tightly controlled food system. Local communities have been left more disempowered than they were before, and, increasingly, developing country national governments have found themselves disempowered, too. This essay considers what advocates of free trade promised developing countries, what actually happened, and what some alternatives might look like…

Resistance and Renewal

Reducing Energy Inputs in the Agricultural Production System
David Pimentel

Oil, natural gas, coal, and other mined fuels provide the United States with nearly all of its energy needs at a cost $700 billion per year.1 Since more than 90 percent of its oil deposits have been depleted, the United States now imports over 70 percent of its oil at an annual cost of $400 billion.2 United States agriculture is driven almost entirely by these non-renewable energy sources. Each person in the country on a per capita consumption basis requires approximately 2,000 liters per year in oil equivalents to supply his/her total food, which accounts for about 19 percent of the total national energy use. Farming — that portion of the agricultural/food system in which food is produced — requires about 7 percent and food processing and packaging consume an additional 7 percent, while transportation and preparation use 5 percent of total energy in the United States…

Agroecology, Small Farms, and Food Sovereignty
Miguel A. Altieri

Global forces are challenging the ability of developing countries to feed themselves. A number of countries have organized their economies around a competitive export-oriented agricultural sector, based mainly on monocultures. It may be argued that agricultural exports of crops such as soybeans from Brazil make significant contributions to the national economies by bringing in hard currency that can be used to purchase other goods from abroad. However, this type of industrial agriculture also brings a variety of economic, environmental, and social problems, including negative impacts on public health, ecosystem integrity, food quality, and in many cases disruption of traditional rural livelihoods, while accelerating indebtedness among thousands of farmers…

Fixing our Global Food System:
Food Sovereignty and Redistributive Land Reform
Peter Rosset

The recent world food price crisis highlights what many have thought for a long time: the world’s food and agriculture system is broken. Few winners remain in the aftermath of the severe crisis, in which prices for basic food commodities (corn, wheat, rice, soybeans) increased dramatically in 2007 and 2008, only to fall rapidly in the second half of 2008. Although down from their high points, commodity prices are still about double those of the early 2000s. Consumer prices in all countries have remained high, while farmers failed to benefit much from the price hikes, due to high prices for agricultural inputs such as seeds and fertilizers, and they are now hurt by falling crop prices.1 The real people in the system, whether family farmers or peasants, or the rest of us who just consume food, can’t ever win, it seems. It is always the middlemen — an ever smaller array of global corporations — that “make the killing” in terms of windfall profits…

The Venezuelan Effort to Build a New Food and Agriculture System
Christina Schiavoni and William Camacaro

In April 2008, as people around the world took to the streets to protest the global food crisis and the lack of political will to address it, a crowd of a different nature gathered in Venezuela. Afro-Venezuelan cacao farmers and artisanal fishermen of the coastal community of Chuao came together to witness their president pledge that the food crisis would not hinder Venezuela’s advancements in food and agriculture. “There is a food crisis in the world, but Venezuela is not going to fall into that crisis,” said Venezuelan President Hugo Chávez Frías. “You can be sure of that. Actually, we are going to help other nations who are facing this crisis.”1 He then went on to describe Venezuela’s most recent developments in food and agriculture, as well as the work that still lay ahead. This was one of several weekly addresses that Chávez had dedicated to food and agriculture as the world food crisis unfolded…

From Food Crisis to Food Sovereignty: The Challenge of Social Movements
Eric Holt-Giménez

The current global food crisis — decades in the making — is a crushing indictment against capitalist agriculture and the corporate monopolies that dominate the world’s food systems. The role of the industrial agrifood complex in creating the crisis (through the monopolization of input industries, industrial farming, processing, and retailing) and the self-serving neoliberal solutions proposed by the world’s multilateral institutions and leading industrial countries are being met with skepticism, disillusion, and indifference by a general public more concerned with the global economic downturn than with the food crisis. Neoliberal retrenchment has met growing resistance by those most affected by the crisis — the world’s smallholder farmers…

Front cover photograph: Rice field in the Philippines
Fred Magdoff