In nine theses, Michael Löwy elaborates on the central themes of ecosocialist degrowth. “The ecological crisis,” he begins, “is already the most important social and political question of the twenty-first century.… The future of the planet, and thus of humanity, will be decided in the coming decades.” | more…
“Degrowth” may often be associated with the left, but can also have conservative—even ecofascist—implications. What do proponents and critics mean by “degrowth”? How do these differences play out ideologically? Ying Chen writes that, for radicals, the answer is to place the economic system at the center of the degrowth narrative, thus naming the system that must be replaced with a more just and equitable socialist society. | more…
As the Pentagon gains approval for yet another record-breaking budget, the editors examine a perennial question: Why does the United States oligarchy need such an outsized military machine in the modern era? The answer is found in the current era of naked imperialism, accompanied, as always with deadly militarism. | more…
The working class is being robbed, both through outright expropriation and the more hidden exploitation of countless workers who are struggling to make ends meet while capitalists pocket the surplus value they produce. Fred Magdoff and John Bellamy Foster dissect the neoliberal assault on the working class that is spurring a new generation of labor organizing. | more…
The success of the telecommunications industry in India has been heralded as a “miracle.” But a miracle for whom? The answer, Rahul Varman writes, has clearly been the capitalist class, who, over three decades, have amassed tremendous wealth and power through the machinations of large firms, in collusion with the Indian government. | more…
The Fishing Revolution is a rarely explored, yet critical, event in the evolution of capitalism. Ian Angus elaborates on this revolution in the global marketplace and its role as a cornerstone of imperialism, colonialism, and capitalism in the sixteenth and seventeenth centuries. | more…
A new poem by Marge Piercy. | more…
In this reprise from October 1993, Henry Magdoff and Paul Sweezy ask: “Isn’t there anyone around here who understands how this capitalist system works?” | more…
The crypto winter, Ramaa Vasudevan writes, is here. Cryptocurrency, far from being a democratizing force in finance, has led to only further concentrations of wealth and power and increased precarity within the financial sector. The recent fall of Sam Bankman-Fried is only the beginning. | more…
Arianto Sangadji traces the relationship between the state and mining capital in Indonesia throughout the historical capitalist development of the country from Dutch colonialism to the contemporary practices of multinational mining corporations. While these powerful firms have generated significant profits, they are also associated with dispossession, environmental degradation, and ruthless labor exploitation, spurring resistance from the local populations. | more…
The perception that we are living in a critical historical period regarding the conditions of habitability on Earth—not only for humans but for many other living organisms too—is gaining more and more adepts among common people, academics, politicians, and social movements. This critical period has been typified as the planetary crisis of the Anthropocene Epoch and studies undertaken in the present century show that habitability on Earth is progressively deteriorating. | more…
In this reprint of the February 1994 “Notes from the Editors,” former MR editors Harry Magdoff and Paul M. Sweezy ask: “The United States could not have won a more decisive victory in the Cold War. Why, then, does it continue to act as though the Cold War is still on?” | more…