The African National Congress (ANC), led during the 1990s by the late Nelson Mandela, is projected to be reelected in South Africa’s May 7, 2014 national election by a wide margin, probably with between 50 and 60 percent of the vote. But underneath the ruling party’s apparent popularity, the society is seething with fury, partly at the mismanagement of vast mineral wealth. The political and economic rulers’ increasingly venal policies and practices are so bad that not only did ANC elites play a direct role in massacring striking mineworkers in August 2012, but corporate South Africa was soon rated by PriceWaterhouseCoopers as “world leader in money-laundering, bribery and corruption, procurement fraud, asset misappropriation and cybercrime,” with internal management responsible for more than three quarters of what was termed “mind-boggling” levels of theft.
In the past few years numerous authors have examined how the current economic crisis in Spain has differential impacts on women and men. While this is important to show, this article’s goal is to make the leap from a mere description of the gendered effects of the crisis, to an analysis of some of the very gendered processes that shape it at its core. In other words, the intent is to understand how both the crisis itself and the ways the state manages it are structurally shaped by gender.… [This article will argue] that the primitive accumulation, or accumulation by dispossession, currently taking place in Spain is deeply shaped by gender in the sense that one of the main strategies capital develops, and the state implements, is to push the responsibilities that the state formerly had for public welfare back onto women and households.
After the Second World War, autoworkers gained higher wages and benefits. We were separated from our class financially and in the process we embraced an economic system which causes global human misery. A misery which has come back to haunt us like a self-inflicted disease, an illness born of uncontrolled appetite. Many of my comrades worked excessive overtime, gambled on the stock market, and invested in extravagant real-estate ventures. They were buried so deep in debt that a strike was unthinkable to them. They couldn’t afford to miss a payment to the man. Everything they earned was turned over to dealers who already had plans for all the money these workers would ever make in their lifetimes. Consumption appeared to be an end in itself. The only difference between these good hard workers and junkies was that the capitalist system conferred status on their addiction.
Any review of the recent ups and downs of U.S. labor must start in Michigan, long a bastion of blue-collar unionism rooted in car manufacturing. Fifteen months ago, this Midwestern industrial state became another notch in the belt of the National Right to Work Committee, joining the not-very-desirable company of Texas, Oklahoma, Alabama, and twenty other “open shop” states.… The emergence of sun-belt labor relations in the birthplace of the United Auto Workers (UAW) was shocking to some. But this political setback was preceded by high-profile defeats in neighboring states that began in 2005. First Indiana, followed by Wisconsin and Ohio, stripped public workers of their bargaining rights (although the Republican attack on government employees was later repelled by popular referendum in the Buckeye State). Then in early 2012, GOP legislators in Indiana passed a right-to-work law applicable to private industry.
Social inequalities and exclusions can devastate people’s lives, especially when they are far from the centers of power and control. This wreckage can be seen in many different parts of their lives, but particularly in their health. The health of any given country’s population is primarily determined by politics, and public policies play a critical role. All over the world, countries with a history of egalitarian ideologies, and corresponding policies aimed at reducing social inequalities, have healthier populations. The Indian state of Kerala, which has a long-running radical political tradition and a history of social-reform movements in the early twentieth century, is acclaimed for its achievements in health and social-sector development, including low levels of mortality and fertility, and high levels of life expectancy and literacy—all despite its low-performing economy. Kerala has become a veritable mecca for other low-income nations in social development and health advancement.
Modern capitalism, sociologist Max Weber famously observed early in the twentieth century, is based on “the rational capitalistic organization of (formally) free labor.” But the “rationality” of the system in this sphere, as Weber was to acknowledge elsewhere, was so restrictive as to be in reality “irrational.” Despite its formal freedom, labor under capitalism was substantively unfree.… This was in accordance with the argument advanced in Karl Marx’s Capital. Since the vast majority of individuals in the capitalist system are divorced from the means of production they have no other way to survive but to sell their labor power to those who own these means, that is, the capitalist class.… The result is a strong tendency to the polarization of income and wealth in society. The more the social productivity of labor grows the more it serves to promote the wealth and power of private capital, while at the same time increasing the relative poverty and economic dependency of the workers.
In the past two decades, China’s economic growth has been increasingly dependent on investment. To maintain the growth of investment, China must sustain a fairly high rate of profit, and the fall in labor’s share has been seen as a crucial factor to sustain profitability.… Although the mainstream economists have widely admitted there is a downward trend for labor’s share in China, they explain this trend with a story that has nothing to do with class struggle. In this story, the decline of labor’s share is caused by sectoral changes, mainly the decrease of agriculture and the increase of industry and services as a percent of GDP in the reform era…. [But] Does the decline of labor’s share result from sectoral changes?… [In fact] the decline of labor’s share resulted from the loss in the power of the working class during the transition to capitalism. Sectoral changes have disguised the class conflicts in this historical process.
Acute economic and political drama mark contemporary Europe. The terrible trauma of the financial crisis has been followed by a sovereign-debt disaster. In the countries most deeply affected, the people have been faced with massive attacks on public services, wages, pensions, trade unions, and social rights. The draconian austerity policies have pushed the situation in those countries from bad to worse, leading them into a deep depression.… Confronted with these multiple crises, the traditional labor movements appear perplexed and partly paralyzed. Social democracy is in political and ideological disarray and confusion, reflecting a deep crisis in these movements. On the one hand, social democrats have played a leading role in fierce attacks on trade unions and the welfare state in countries where they have been in power. On the other hand, other social democrats adopt statements and support appeals that sharply condemn the political course now followed by the European Union.
[Zak] Cope argues that the seemingly pervasive racism and cultural chauvinism in the global North is not the result of false consciousness, misinformation, indoctrination, or ignorance (at least to the extent that much of the political left assumes). Rather, racism and cultural chauvinism are the expression of economic interests shared by a variety of social strata in the global North, all of whom have an interest in exploiting the global South. Central to this argument is the idea that the labor aristocracy—the relatively privileged global North working class—developed as a result of the exploitation of the global South, and therefore has a material interest in continuing this exploitation.
The year 1963 was a high-water mark for the civil rights movement—the year of the great March on Washington for Jobs and Freedom, which drew hundreds of thousands to march for civil rights. But the march also set the stage for the opening of a what was perceived as second, far more radical, phase of the civil rights strategy, developed by the March’s organizers. This led to the development, over a three-year period, of the proposed Freedom Budget for All Americans. It projected nothing less than the elimination of all poverty and unemployment in the United States before the end of the 1970s.… The 1963 March on Washington continues to stand as a great achievement, which—combined with hard-fought nationwide struggles—helped to secure meaningful civil rights and voting rights legislation, and impressive shifts in consciousness. Yet the promise and expectations of King, Randolph, and Rustin for a full realization of their goals for interlinked racial and economic justice remained unfulfilled.
The Theory of Monopoly Capitalism: An Elaboration of Marxian Political Economy was initially written thirty years ago this coming year as my doctoral dissertation at York University in Toronto. It was expanded into a larger book form with three additional chapters (on the state, imperialism, and socialist construction) and published by Monthly Review Press two years later. The analysis of both the dissertation and the book focused primarily on the work of Paul Baran and Paul Sweezy, and particularly on the debate that had grown up around their book, Monopoly Capital: An Essay on the American Economic and Social Order (1966). In this respect The Theory of Monopoly Capitalism was specifically designed, as its subtitle indicated, as an “elaboration” of their underlying theoretical perspective and its wider implications.… Three decades later much has changed, in ways that make the reissuing of The Theory of Monopoly Capitalism in a new edition seem useful and timely. The scholarly research into Baran and Sweezy’s Monopoly Capital has expanded enormously in the intervening years, most notably with the publication of the two missing chapters of Monopoly Capital—one on the theoretical implications of their analysis for economics, the other on culture and communications—and through research into their joint correspondence. The Great Financial Crisis and the resurfacing of economic stagnation have engendered new interest in this tradition of thought. Under this historical impetus the theory itself has advanced to address new developments, particularly with respect to the understanding of stagnation, financialization, and the globalization of monopoly capital.
Hell’s Kitchen is among Manhattan’s most storied and studied neighborhoods. A working-class district situated next to the West Side’s middle- and upper-class residential districts, it has long attracted the focus of artists and urban planners, writers and reformers. Now, Joseph Varga takes us on a tour of Hell’s Kitchen with an eye toward what we usually take for granted: space, and, particularly, how urban spaces are produced, controlled, and contested by different class and political forces.