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Stacking guano in the Ballestas Islands

The Expropriation of Nature

To understand the present ecological crisis, it is necessary to dig much deeper into capitalism’s logic of expropriation, as first delineated by Marx during the Industrial Revolution. At the root of the problem is a spoliation of the natural environment—the expropriation of the earth itself. | more…

Black Women Will Not Be Intimidated

Invisible Exploitation

How Capital Extracts Value Beyond Wage Labor

An expanded Marxist understanding of capitalist exploitation is long overdue. There are many pathways of surplus extraction beyond the wage form, and understanding them is a task with profound implications for anticapitalist movements around the world. | more…

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Looking at the White Working Class Historically

Thinking Clearly about the White Working Class

In his timely new book, David Gilbert addresses a subject that could not be more relevant: the white working class in the United States. He brings a much-needed historical perspective to current debates around the politics and identity of white workers, then and now. | more…

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…

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…