May 1, 2008
An acute food crisis has struck the world in 2008. This is on top of a longer-term crisis of agriculture and food that has already left billions hungry and malnourished. In order to understand the full, dire implications of what is happening today it is necessary to look at the interaction between these short-term and long-term crises. Both crises arise primarily from the for-profit production of food, fiber, and now biofuels, and the rift between food and people that this inevitably generates…
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November 1, 2006
In a series of articles in Monthly Review and in Monthly Review Press books during the 1970s and 1980s, Harry Magdoff and Paul Sweezy proposed that the general economic tendency of mature capitalism is toward stagnation. A shortage of profitable investment opportunities is the primary cause of this tendency. Less investment in the productive economy (the "real economy") means lower future growth. Marx wrote about the possibility of this very phenomenon
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October 1, 2006
Harry died in the early hours of January 1, 2006, at our house in Burlington, Vermont, where he had lived for three and a half years. As he died, I laid on the big double bed facing him and held his arms, with my wife, his caregiver, and his good friends Gladys and Percy Brazil there too. Talking with them after he died I reflected on how it had been an honor to have Harry live with Amy and me since my mother Beadie had died and to help him get the most out of his final years. It was also fun and intellectually stimulating, although sometimes a challenge because of my health problems and our work schedules
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July 1, 2005
Among the arguments against socialism is that it goes against human nature. "You can't change human nature" is the frequently heard refrain. That may be true of basic human instincts such as the urge to obtain food to eat, reproduce, seek shelter, make and wear protective clothing. However, what has usually been referred to as "human nature" has changed a great deal during the long history of humankind. As social systems changed, many habits and behavioral traits also changed as people adapted to new social structures. Anatomically modern humans emerged some 150,000 to 200,000 years ago. Over the tens of thousands of years since, many different kinds of social organizations and societies have developed. Initially, most were based on hunting and gathering, while for about the last 7,000 years many have been based on agriculture. These societies were organized as clans, villages, tribes, city-states, nations, and/or empires
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April 1, 2004
These are difficult times for workers. In the wealthy countries of capitalism's center, labor is struggling to maintain existing wages and benefits against a combined assault by corporations and governments, while conditions of workers in the periphery are even more difficult. The widespread acceptance and adoption of capital's agenda—"free trade," "free markets," greater "flexibility" regarding labor, and reduced social welfare assistance—has led to one group of real winners. Transnational corporations (and their owners and top managers) now have more freedom to produce where labor and other costs are cheap, have their patents protected, and move capital in and out of countries at will. Many workers, unfortunately, are finding that their situation has become more tenuous.
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February 1, 2004
The number of people living a precarious existence has been increasing in many countries of the world, with hunger all too widespread. There are approximately 6 billion people in the world, with about half living in cities and half in rural areas. Between the poor living in cities and those in rural areas, a vast number of the world's people live under very harsh conditions. It is estimated that that about half of the world's population lives on less than two dollars per day, with most of those either chronically malnourished or continually concerned with where their next meal will come from. Many have no access to clean water (1 billion), electricity (2 billion), or sanitation (2.5 billion)
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September 1, 2002
History has provided us with numerous examples of economic stagnation and breakdown, as well as environmental degradation caused by human activity, even before capitalism existed. But capitalism’s central characteristic—the incessant drive to invest and accumulate wealth—gives birth to never-ending economic and environmental crises
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July 1, 1998
The conventional view that agriculture was displaced by industry in two stages—by the industrial revolution in the late nineteenth century, and as a result of the rise of the agribusiness system in the mid-twentieth century—has left many observers of the contemporary political economy with the impression that to deal with agriculture is essentially to focus on political-economic history rather than contemporary political economy. Nothing could be further from the truth. The purpose of this special issue of MR is to help compensate for the neglect that agriculture has often suffered in political-economic literature of the late twentieth century. In so doing we will continue with a line of argument that was introduced in MR more than a decade ago in the July-August 1986 special issue Science, Technology, and Capitalism, edited by Steffie Woolhandler and David Himmelstein, which included landmark essays on U.S. agriculture and agricultural research by Richard Lewontin and Jean-Pierre Berlan
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