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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…

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

Forthcoming in February 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…

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

Forthcoming in April 2018

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…

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

Forthcoming in May 2018

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…

Mapuche Protest in Santiago, Chile

From Wallmapu to Nunatsiavut

The Criminalization of Indigenous Resistance

Indigenous peoples of the Americas are on the frontlines of resistance to the environmental and social costs of the unthinking drive for capital accumulation. From the United States and Canada to Brazil and Chile, that resistance has been met by state surveillance, repression, and criminalization. | more…

The propaganda model

The Propaganda Model Revisited

In Manufacturing Consent (1988), Noam Chomsky and I put forward a “propaganda model” as a framework for understanding how and why the mainstream U.S. media operate within restricted assumptions, depend uncritically on elite sources, and participate in propaganda campaigns helpful to elite interests. In this article I describe the model, address some of the criticism leveled against it, and discuss how it holds up today. | more…