Top Menu

The Endless Crisis

Chip Smith on Monthly Review and Economics

Chip Smith is an economist and author of The Cost of Privilege. He was interviewed on Cumberland County Progressives TV (North Carolina) by host Nancy Shakir on the topic “Growing a Sustainable Economy.” In this video, Chip discusses the contributions made by Monthly Review authors and publications toward an understanding of monopoly capitalism, particularly The Endless Crisis by John Bellamy Foster and Robert W. McChesney, The Great Financial Crisis by Foster and Fred Magdoff, and Monopoly Capital by Paul Baran and Paul Sweezy.

The Economic War Against Cuba reviewed on Marxism-Leninism Today

If it weren’t bad enough that the U.S. has imposed an illegal embargo against Cuba for over 50 years, it has also tried to prevent those interested in learning about this embargo (more accurately termed a blockade because the U.S. aggressively enforces it against third countries to stop them from trading with the island) from reading Salim Lamrani’s new book, The Economic War Against Cuba. Thus, according to Opera Mundi, the U.S. Department of the Treasury, the Office Foreign Assets Control (OFAC) the government agency tasked with enforcing the blockade against Cuba seized the funds a British NGO, the Cuba Solidarity Campaign, attempted to wire to purchase 100 copies of this book from Monthly Review Press.

Global NATO and the Catastrophic Failure in Libya

Global NATO and the Catastrophic Failure in Libya reviewed on Between the Lines

In his book Global NATO and the Catastrophic Failure in Libya, Horace Campbell argues that Nato is “the instrument through which the capitalist class of North America and Europe seeks to impose its political will on the rest of the world, however warped by the increasingly outmoded neoliberal form of capitalism”. Within the peace and justice movement, the author argued that although Muammar al-Gaddafi should be opposed, “it was equally necessary to oppose the NATO intervention” (p. 10). For the author, Nicolas Sarkozy was the champion of the “uprisings” but at the end it has not paid off politically for him. Although colonialism has formally ended some decades ago, France is still considered the gendarme of Europe in Africa.

The Taming of the American Crowd by Al Sandine

Arun Gupta on Coachella and The Taming of the American Crowd in Truthout

Now in its 15th year, Coachella is the highest-grossing festival in the world. For the region it’s a quarter-billion-dollar revenue generator, which outstrips Jamaica’s GDP on an annual basis. Tickets run up to $800, luxury Safari tents top out at $6,500, and everything costs: parking, water, showers, even charging phones. The dominant tribe is money-flush youth with the will to endure three sleepless days of being mashed in a delicious sound taco of Indie rock. But Coachella is also the modern incarnation of medieval carnivals that revealed “another way of life that stood in stark contrast to the austerity and fixed hierarchy of the official order,” notes Al Sandine in The Taming of the American Crowd.