Tuesday March 31st, 2015, 8:36 am (EDT)

Political Economy

Immigrant Women in the Land of Dollars

Immigrant Women in the Land of Dollars

Life and Culture on the Lower East Side, 1890–1925

At the turn of the century, millions of European women set sail with their families for the United States. Behind them stood a world of peasant agriculture and small town life. Ahead lay the concrete metropolis, swept by the winds of industrial development. Immigrant Women in the Land of Dollars tells the story of the Jewish and Italian women who came to inhabit New York’s Lower East Side during this period of massive migration. By looking at two generations — mothers born in the Old World, and daughters born in the new — and making extensive use of oral histories, Elizabeth Ewen presents the compelling tale of a metamorphosis in life and in perception. … | more |

Memoirs of Bernardo Vega

Memoirs of Bernardo Vega

A Contribution to the History of the Puerto Rican Community in New York

When Bernardo Vega arrived in New York from Puerto Rico in 1916, he was at the forefront of a migrant stream that was soon to become a flood. His memoirs—perceptive, lively, and politically aware—provide us with a unique and often humorous firsthand account of the life of an immigrant, as well as of the concerns and activities of the Puerto Rican community in New York in the period between the wars.… | more |

The Faltering Economy

The Faltering Economy

The essays in this volume, by veteran economists as well as younger scholars, are part of a radical attempt to grapple with the problems of advanced capitalist development without discarding the real theoretical breakthroughs made by Keynes. The contributors argue that Keynes was correct in pointing to the economic contradictions stemming from unemployment, incoming inequality, and speculative finance, but failed to consider the class composition of social output, the macroeconomic effects of the modern firm, and the atrophy of investment under conditions of capitalist maturity. … | more |

Social Security: The Phony Crisis

In a recent speech, the head of the main government workers union in the United States accused the Reagan administration of “bleeding” the nation in order to finance defense spending and tax breaks for the rich. It is now clear that one cherished national social institution which is scheduled by the Reagan crowd for a major blood-letting is the Social Security System.… | more |

The Struggle to Save Social Security

Jacob Morris has effectively exposed the attack on Social Security for what it is, and he has done this within the framework of the existing system. The underlying assumption is that Social Security must be paid for out of an accounting reserve supported by payroll taxes. Based on this premise, generally accepted by liberals and conservatives alike, the financial integrity of the reserve is taken as equivalent to the integrity of Social Security itself. But the real questions are different. Why use an accounting reserve and why apply the test of financial integrity? No such tests are applied to any other part of the federal budget, surely not to the enormous armaments expenditures. Basically, what is at issue here is not a financial but a social problem.… | more |

Dynamics of Global Crisis

Dynamics of Global Crisis

Preeminent theoreticians of the world economy set out their understanding of the long-term dynamics of global capitalism.… | more |

World Bank: A Critical Analysis

The World Bank

A Critical Analysis

A careful analysis of the Bank’s own policy papers and reports, which outlines its philosophy of development and the concrete effects of its projects.… | more |

The Long Default

The Long Default

New York City and the Urban Fiscal Crisis

Classic study of the fiscal crisis that gripped New York City — and much of urban America — in the 1970s.… | more |

Four Lectures on Marxism

Four Lectures on Marxism

One of the 20th century’s foremost Marxian economists discusses the dialectical method, the contradictions of capitalism, and the future of Marxism.… | more |

A History of Capitalism

A History of Capitalism

1500 – 2000, New Edition

The conquest of the Americas inaugurated the slow accumulation of resources and the imperceptible structural transformations that culminated in the Industrial Revolution. From that moment on, capitalism grew and expanded with a dynamism and adaptability that are now all too familiar, profiting from wars and even managing to rebound after a series of devastating economic crises.… In this highly-anticipated updated edition, Beaud extends one of the major strengths of the original: the interweaving of social, political, and economic factors in the context of history. At the same time, Beaud’s analysis provides a realistic and thorough examination of the developments of capitalism in the last twenty years, including globalization, the accelerating speed of capital transfer, and the collapse of the Soviet empire and the subsequent absorption of its population into the world market. This new edition also offers a completely revised format that integrates diagrams and flow-charts not previously available in the English-language edition.… | more |

Economic History As It Happened (Vol III)

The Deepening Crisis of U.S. Capitalism

Economic History As It Happened, Vol. III

This is the third book of essays on the United States and the world economy produced by the fruitful collaboration of Monthly Review editors Paul M. Sweezy and Harry Magdoff. In these essays, written between 1977 and 1981, the authors assess the results of efforts taken to stabilize the economy after the epochal changes of the early 1970s, the end of capitalism’s “golden age,” by attempts to counteract the effects of inflation, debt dependence, speculation, and financial instability.… | more |

Bureaucracy and the Labor Process

Bureaucracy and the Labor Process

The Transformation of U.S. Industry, 1860–1920

This book makes the argument, supported by rich and extensive historical research into original sources, that it is possible to revolutionize work so that it can be, in the author’s words, “satisfying, creative, and stimulating at the same time that it is materially productive: we can have material abundance along with interesting work.”… | more |

Dependent Accumulation and Underdevelopment

Dependent Accumulation and Underdevelopment

Why, while Europe, North America, and Australia have developed, have Africa, much of Asia, and Latin America remained underdeveloped? Andre Gunder Frank sets out to answer this basic question by showing how world capital accumulation has led to the differentiation of these regions within the single world-embracing economic system. Unequal exchange between regions, combined with the differential transformation of productive, social, and political relations within regions, has led to the capitalist development of some areas and to the underdevelopment of others.… | more |

Imperialism: From the Colonial Age to the Present

Imperialism: From the Colonial Age to the Present

From the Colonial Age to the Present

This volume contains a series of essays aimed at illuminating the theory, history, and roots of imperialism, which extend the analysis developed in Madgoff’s The Age of Imperialism 1978. See The Age of Imperialism… | more |

World Accumulation, 1492-1789

World Accumulation, 1492-1789

Most of Andre Gunder Frank’s early work on the nature of underdevelopment focused on one region: Latin America. Here he broadened his canvas and traced the world-wide effects of the process of capital accumulation from the period just prior to the discovery of America to the industrial and French revolutions. It is Frank’s thesis that “the world has experienced a single all-embracing, albeit unequal and uneven, process of capital accumulation centered in Western Europe,” which has been capitalist for at least two centuries.… | more |

Economic History As It Happened

The End of Prosperity: The American Economy in the 1970s

Economic History As It Happened, Vol. II

This is the second in the series of four collections of essays in which Paul M. Sweezy and Harry Magdoff, the editors of Monthly Review, set out as it took place the development of U.S. and global capitalism from the late 1960s to the “financial explosion” age of the early 1990s and after.… | more |

Maturity and Stagnation in American Capitalism

Maturity and Stagnation in American Capitalism

Details a pattern of development and investment in the American economy that produces dimished growth and increased stagnation.… | more |

"I think your book on Christopher Columbus is important. I’m more grateful for that book than any other book I have read in the last couple of years."
—Kurt Vonnegut

Columbus: His Enterprise

Exploding the Myth

Most of us have been taught to think of Christopher Columbus as a single-minded, courageous visionary whose navigational skills led him to “discover” the Americas. In this beautifully written revisionist biography, accessible to people of all ages, Hans Koning gives us the true history of Columbus’ life and voyages.… | more |

The Debt Trap

The Debt Trap

The International Monetary Fund and the Third World

Details the history of the first thirty years of the system of aid and credit in which the IMF is the keystone.… | more |

Imperialism and World Economy

Imperialism and World Economy

Introduction by V.I. Lenin

Bukharin’s 1929 anticipation of the growth of the internationalization of capital.… | more |

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