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Black Lives Matter protesters kneel and raise their hands in London's Oxford Street on July 8, 2016

Beyond the Class–Race Binary

This article will be released in full online September 24, 2018.

In his insightful new book, the historian David Roediger raises critical questions for scholar-activists seeking to understand white racism and contemporary capitalism and its class realities. He joins a long line of thinkers who have clearly recognized the need for both specifically racial and more universal, class-oriented programs of major social and economic change. | more…

Monthly Review Volume 70, Number 3 (July-August 2018)

July-August 2018 (Volume 70, Number 3)

Notes from the Editors

This special issue is dedicated to developing the ecological critique embodied in Marx’s theory of “metabolic rift.” Each article uses the metabolic rift perspective to uncover core contradictions of capitalism, as well as possible paths toward a new system—one that will meet human needs while protecting the earth and future generations. | more…

Buried machinery in a barn lot; Dallas, South Dakota, May 1936

No Empires, No Dust Bowls

Ecological Disasters and the Lessons of History

When scientists describe the increase of Dust Bowl-like conditions under climate change, they signal a particular kind of violent ecological and social change. But equally violent are the social forces, historical developments, policies, and practices that produce such massive socioecological crises in the first place. | more…

Miseducating for the Global Economy: How Corporate Power Damages Education and Subverts Students' Futures

Miseducating for the Global Economy: How Corporate Power Damages Education and Subverts Students’ Futures

Millions of Americans face increasing difficulty finding well paying, secure jobs. But the current employment crisis is not so much due to the educational system as it is to a sustained corporate effort to keep the public in ignorance about the damage wrought by the global economy itself. Miseducating for the Global Economy reveals that behind the going concern for “global economy education” lies capitalism’s metastasizing indifference to human values, to a fair distribution of resources, to its radical restructuring of workplaces with an attendant intensification of work effort, and to the genuine well-being of workers and their families. | more…

Monthly Review Volume 70, Number 2 (June 2018)

June 2018 (Volume 70, Number 2)

With the eruption in March of the scandal around Cambridge Analytica and Facebook, articles raising the alarm on “surveillance capitalism” are suddenly everywhere. The term, which was coined in MR in August of 2014, was developed to highlight the links between digital spying systems and contemporary capitalism as a whole. Academic interpretations of the concept effectively divorced surveillance capitalism from class analysis, and from the overall political-economic structure of capitalism—as if surveillance could be abstracted from monopoly-finance capital as a whole. | more…

The Age of Monopoly Capital: Selected Correspondence of Paul A. Baran and Paul M. Sweezy, 1949-1964

A Marxist Correspondence

Paul A. Baran (1910–1964) and Paul M. Sweezy (1910–2004) were two of the most creative and influential Marxist economists of the last century. The Age of Monopoly Capital collects hundreds of letters between Baran and Sweezy, written between 1949 and Baran’s death in 1964. The correspondence contains numerous interesting, important, and unanticipated ideas. Nuggets of wisdom about economic theory, socialist history, dialectical method, academic politics, and many other topics are scattered throughout. | more…

Paul M. Sweezy and Paul A. Baran

Two Intellectual Giants of the American Left

Instead of theory, early U.S. radicals excelled in reportage, like John Reed’s Ten Days That Shook the World, or fiction, like Upton Sinclair’s packing-house shocker The Jungle. To Europeans American thought seemed impermeable to the difficult ideas of Marxism. That changed with the founding of Monthly Review in 1949, which marked a newly realized if not entirely new trend in American Marxist thought. | more…

The Russians Are Coming, Again: The First Cold War as Tragedy, the Second as Farce

The Russians Are Coming, Again: The First Cold War as Tragedy, the Second as Farce

Karl Marx famously wrote in The Eighteenth Brumaire of Louis Napoleon that history repeats itself, “first as tragedy, then as farce.” The Cold War, waged between the United States and Soviet Union from 1945 until the latter's dissolution in 1991, was a great tragedy, resulting in millions of civilian deaths in proxy wars, and a destructive arms race that diverted money from social spending and nearly led to nuclear annihilation. The New Cold War between the United States and Russia is playing out as farce—a dangerous one at that. The Russians Are Coming, Again is a red flag to restore our historical consciousness about U.S.-Russian relations, and how denying this consciousness is leading to a repetition of past follies. | more…

Health Care Under the Knife: Moving Beyond Capitalism for Our Health

Forthcoming in March 2018

“I’ve still got my health so what do I care?” goes a lyric in an old Cole Porter song. Most of us, in fact, assume we can’t live full lives, or take on life’s challenges, without also assuming that we’re basically healthy and will be for the foreseeable future. But these days, our health and well-being are sorted through an ever-expanding, profit-seeking financial complex that monitors, controls, and commodifies our very existence. Given that our access to competent, affordable health care grows more precarious each day, the arrival of Health Care Under the Knife could not be more timely. In this empowering book, noted health-care professionals, scholars, and activists—including coordinator Howard Waitzkin—impart their inside knowledge of the medical system: what’s wrong, how it got this way, and what we can do to heal it. | 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…

Mythologies of State and Monopoly Power

Mythologies of State and Monopoly Power

Forthcoming in September 2018

“Mythologies,” writes veteran human rights lawyer Michael Tigar, “are structures of words and images that portray people, institutions, and events in ways that mask an underlying reality.” For instance, the “Justice Department” appears, by its very nature and practice, to appropriate “justice” as the exclusive property of the federal government. In his brilliantly acerbic collection of essays, Tigar reveals, deconstructs, and eviscerates mythologies surrounding the U.S. criminal justice system, racism, free expression, workers’ rights, and international human rights. | more…

The Coming of the American Behemoth

The Coming of the American Behemoth: The Origins of Fascism in the United States, 1920–1940

Forthcoming in October 2018

Most people in the United States have been trained to recognize fascism in movements such as Germany’s Third Reich or Italy’s National Fascist Party, where charismatic demagogues manipulate incensed, vengeful masses. We rarely think of fascism as linked to the essence of monopoly-finance capitalism, operating under the guise of American free-enterprise. But, as Michael Joseph Roberto argues, this is exactly where fascism’s embryonic forms began gestating in the United States, during the so-called prosperous 1920s and the Great Depression of the following decade. | more…

Navigating the Zeitgeist: A Story of the Cold War, the New Left, Irish Republicanism, and International Communism

Forthcoming in January 2019

Why would an American girl-child, born into a good, Irish-Catholic family in the thick of the McCarthy era—a girl who, when she came of age, entered a convent—morph into an atheist, feminist, and Marxist? The answer is in Helena Sheehan’s fascinating account of her journey from her 1940s and 1950s beginnings, into the turbulent 1960s, when the Vietnam War, black power, and women’s liberation rocked her bedrock assumptions and prompted a volley of life-upending questions—questions shared by millions of young people of her generation. But, for Helena Sheehan, the increasingly radicalized answers deepened through the following decades. | more…

A Socialist Defector

A Socialist Defector: From Harvard to Karl-Marx-Allee

Forthcoming in February 2019

The circumstances that impelled Victor Grossman, a U.S. Army draftee stationed in Europe, to flee a military prison sentence were the icy pressures of the McCarthy Era. Grossman—a.k.a. Steve Wechsler, a committed leftist since his years at Harvard and, briefly, as a factory worker—left his barracks in Bavaria one August day in 1952, and, in a panic, swam across the Danube River from the Austrian U.S. Zone to the Soviet Zone. Fate—i.e., the Soviets—landed him in East Germany, officially the German Democratic Republic. There he remained, observer and participant, husband and father, as he watched the rise and successes, the travails, and the eventual demise of the GDR socialist experiment. | more…