April 1, 2019
In the 1960s, Georg Lukács—under the slogan Back to Marx!—called for a "renaissance" of Marxism within Eastern Europe. To understand the nature of this renaissance, we have to understand the many important questions that the Hungarian uprising of 1956 raised for the anti-Stalinist left inside Hungary and Eastern Europe more broadly. This interview looks at efforts to rethink the future of socialism from the Eastern European situation in the second half of the twentieth century, including the political lessons of 1968, the internal fight within the Hungarian Socialist Party, and the continued relevance of V. I. Lenin's Marxism.
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April 1, 2019
In the Republic of Korea, chaebols—diversified and large-scale conglomerate forms of capital governed dynastically by an owner and the owner's family—have grown quickly, dominating the Korean market and substantially contributing to the Korean economy since their structuring in the 1970s. Some chaebol affiliates have grown into global economic powers within a mere thirty to forty years. However, the fast growth of the chaebols in Korea has also been associated with crises and in trying to manage these crises chaebols have not only changed the ways in which they accumulate capital, they have sought to establish hegemony over civil society.
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April 1, 2019
This reprise of "The Debs Way"—the text of an address Leo Huberman delivered at the Debs Centennial Meeting held at the Fraternal Clubhouse in New York City on November 28, 1955—not only reminds us of the importance of Eugene V. Debs to the history of socialism in the United States, but also brings out some of the core beliefs of Huberman's own approach to socialism. While today's conditions are of course vastly different from when the address was delivered more than sixty years ago, the basic principles that Huberman derives from Debs remain relevant.
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April 1, 2019
In the Notes from the Editors of the January 2019 issue of Monthly Review, the editors commented on a blog post by Michael Roberts on the term financialization. In the first part of this short exchange Roberts questions whether financialization is a meaningful and useful term, or simply a distraction from a comprehensive critique contemporary capitalism.
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April 1, 2019
There has been a tendency within liberal analysis of financialization to place an emphasis on the trees, that is, the various speculative mechanisms, rather than the forest, or the growth of finance in relation to production. The reason for this stress on the trees rather than the forest is that, in contemporary capitalist ideology, financialization cannot be brought seriously into question since it is part of the entire architecture of accumulation.
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April 1, 2019
Germany is commonly perceived as a strong, dependable island amid a sea of gyrating European uncertainties, a down-to-earth, dependable ally in attempts by the better U.S. presidents to move the world forward as steadily as possible. For the past thirteen years, this view has been personified in the clear, undramatic words and deeds of Angela Merkel, Chancellor of Germany since 2005. Considerable doubts in this appraisal, with evidence that Germany, like every other country, has never been a monolith free of class conflict and other contradictions, are addressed in Oliver Nachtwey's Germany's Hidden Crisis: Social Decline in the Heart of Europe, out now from Verso Books. In describing West German, then all-German, developments from the end of the Second World War until the present, Nachtwey analyzes from the left, unafraid to utilize the ideas of Karl Marx as well as a host of more recent analysts of many shades.
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April 1, 2019
Revolting Prostitutes reminds readers that this struggle is at once bigger than any one sex worker's immediate needs, but also must be precisely driven by these day-to-day needs. While this might at first seem contradictory, the book emphasizes how the collective workforce is constituted by individual workers with varied experiences, all of which are unique and valid. Narrative matters and, with Revolting Prostitutes, we are gifted one shaped by nuanced, considerate, care-informed members of the impacted working community.
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