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Monthly Review Volume 69, Number 9 (February 2018)

February 2018 (Volume 69, Number 9)

A recent article by the economist Riccardo Bellofiore includes a significant treatment of Paul Sweezy’s dynamic theory of monopoly capital. But the essay’s most noteworthy contributions, in our view, relate to Harry Magdoff and Sweezy’s role in the 1970s and ’80s in developing a theory of financialization, and what their analysis can tell us about our current situation. | more…

"The Chinese Factory in the Street of Teng-chan at Nagasaki, founded in 1688"

Economic History and the ‘East Wind’

Challenges to Eurocentrism

The decline of Western dominance over the capitalist world system and the concurrent rise of Asia demand a deconstruction of the accepted wisdom of economic history. Understanding the legacy of Eurocentrism in both the rise of capitalism and its historiography is necessary if we are to challenge the dominant discourse and ideological assumptions of the so-called “European miracle.” | more…

Policing during the anti-Poll Tax demonstration (March 31, 1990)

The Working-Class Struggle for Welfare in Britain

The experience of the British working class from the late nineteenth century to the current era of austerity illustrates that for labor, the welfare state is not just a mechanism to enhance the accumulation of capital or reinforce oppression. From the beginning, it was a vital part of the class struggle—and so it remains today. | more…

New this week!
Detail from cover of Leviathan by Thomas Hobbes

Preface to Beyond Leviathan

The state cannot be other than Leviathan in imposing its structurally entrenched power on overall societal decision-making. Yet a way must be found to extricate humanity from the ever more dangerous, arbitrary, and alienated form of the Leviathan state. Indeed, the survival of humanity depends on it. | more…

In the Name of Women’s Rights: The Rise of Femonationalism book cover

Patriarchies East and West

This article will be made available online on February 26.

Sara Farris’s In the Name of Women’s Rights is a brave monograph that analyzes the way that the discourses of Europe’s right-wing nationalists, government agencies, and liberal feminists converge in their representations of Muslim and non-western immigrant women, relegating these communities to commodified spheres of social reproductive work. | more…

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Monthly Review Volume 69, Number 8 (January 2018)

January 2018 (Volume 69, Number 8)

Notes from the Editors

The recent rise of social reproduction theory represents one of the most remarkable attempts to extend historical materialism in our time. The Review of the Month in this issue, “Women, Nature, and Capital in the Industrial Revolution,” is intended as a contribution to this rapidly growing body of work. | more…

Mapuche Protest in Santiago, Chile

From Wallmapu to Nunatsiavut

The Criminalization of Indigenous Resistance

Indigenous peoples of the Americas are on the frontlines of resistance to the environmental and social costs of the unthinking drive for capital accumulation. From the United States and Canada to Brazil and Chile, that resistance has been met by state surveillance, repression, and criminalization. | more…

The propaganda model

The Propaganda Model Revisited

In Manufacturing Consent (1988), Noam Chomsky and I put forward a “propaganda model” as a framework for understanding how and why the mainstream U.S. media operate within restricted assumptions, depend uncritically on elite sources, and participate in propaganda campaigns helpful to elite interests. In this article I describe the model, address some of the criticism leveled against it, and discuss how it holds up today. | more…