This month, MR editors take on the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, a pale imitation of the five authentic Nobel Prizes that is aimed at reinforcing the ideology of neoclassical economics and awarded to mainstream liberal economists who defend the institutions of capitalism. In line with this tradition, the editors note, the most recent winners are keen apologists for settler colonialism and Zionism. | more…
John Bellamy Foster revisits and critiques the contention that the U.S. capitalist class is not a “governing” class, or indeed a class-conscious bloc in any sense. However, he writes, the fact that the ruling-class oligarchy is now openly wielding power on the national and international stages as part of the Trump regime shows that the overwhelming political influence of the capitalist class is no longer in dispute as this alignment pushes the country deeper into neofascism. | more…
What is ecological civilization? In this article, Chen Yiwen presents a dialectical analysis that illuminates the theoretical and practical elements of ecological civilization, particularly as it develops in the context of China. In China, she notes, significant progress has been made, but there remain outstanding questions that must be resolved during the transition to an ecologically harmonious society that promotes global equality and human flourishing. | more…
Yumeng Liu takes a deep dive into the history of Laos, the only socialist nation among the Theravāda Buddhist countries of Southeast Asia, examining how the country has developed its own particular approach to socialism, influenced by both local Buddhist beliefs and Marxist ideology. Liu also explores the historical and present-day tensions inherent in this uniquely Lao approach to socialist development. | more…
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“The Big Business-military coalition in the United States,” Paul A. Baran wrote in this prescient reprise from 1952, “assumes all of the functions of a fascist regime…. And it develops rapidly into its own American variety of government under capitalism in an age of imperialism, wars, and national and social revolutions. It becomes fully adapted to its sinister historical mission—to be the instrument of ruthless class struggle on the national and international planes.” | more…