The Theory of Monopoly Capitalism: An Elaboration of Marxian Political Economy was initially written thirty years ago this coming year as my doctoral dissertation at York University in Toronto. It was expanded into a larger book form with three additional chapters (on the state, imperialism, and socialist construction) and published by Monthly Review Press two years later. The analysis of both the dissertation and the book focused primarily on the work of Paul Baran and Paul Sweezy, and particularly on the debate that had grown up around their book, Monopoly Capital: An Essay on the American Economic and Social Order (1966). In this respect The Theory of Monopoly Capitalism was specifically designed, as its subtitle indicated, as an “elaboration” of their underlying theoretical perspective and its wider implications.… Three decades later much has changed, in ways that make the reissuing of The Theory of Monopoly Capitalism in a new edition seem useful and timely. The scholarly research into Baran and Sweezy’s Monopoly Capital has expanded enormously in the intervening years, most notably with the publication of the two missing chapters of Monopoly Capital—one on the theoretical implications of their analysis for economics, the other on culture and communications—and through research into their joint correspondence. The Great Financial Crisis and the resurfacing of economic stagnation have engendered new interest in this tradition of thought. Under this historical impetus the theory itself has advanced to address new developments, particularly with respect to the understanding of stagnation, financialization, and the globalization of monopoly capital. | more…
Hell’s Kitchen is among Manhattan’s most storied and studied neighborhoods. A working-class district situated next to the West Side’s middle- and upper-class residential districts, it has long attracted the focus of artists and urban planners, writers and reformers. Now, Joseph Varga takes us on a tour of Hell’s Kitchen with an eye toward what we usually take for granted: space, and, particularly, how urban spaces are produced, controlled, and contested by different class and political forces. | more…
The U.S. working class was slow to respond to the hard times it faced during and after the Great Recession. Finally, however, in February 2011, workers in Wisconsin began the famous uprising that electrified the country, revolting in large numbers against Governor Scott Walker’s efforts to destroy the state’s public employee labor unions. A few months later, the Occupy Wall Street movement spread from New York City to the rest of the nation and the world. Then, in September 2012, Chicago’s public school teachers struck, in defiance of Mayor Rahm Emanuel’s attempt to destroy the teachers’ union and put the city’s schools firmly on the path of neoliberal austerity and privatization.… One thing that these three rebellions had in common is the growing awareness that economic and political power in the United States is firmly in the hands of a tiny minority of fantastically wealthy individuals whose avarice knows no bounds. These titans of finance want to eviscerate working men and women, making them as insecure as possible and totally dependent on the dog-eat-dog logic of the marketplace, while at the same time converting any and all aspects of life into opportunities for capital accumulation. | more…
For nine days in September, Chicago belonged to the teachers, school paraprofessionals, and clinicians. On September 10, 2012, 26,000 members of the Chicago Teachers Union (CTU) went on strike. It was the first teachers’ strike in Chicago in twenty-five years. While public and private sector unions have taken concessions and capitulated to cuts in wages, benefits, seniority rights, job protections, and much of what was won by the labor movement in the twentieth century, the CTU stood up to Mayor Rahm Emanuel, the Commercial Club of Chicago, and the billionaire hedge-fund managers who have set out to break teachers’ unions and dismantle public education. | more…
The success of the Chicago Teachers Union (CTU) strike in September 2012 was a stunning rebuke to the forces of privatization and corporate education reform.… Three years ago when the Caucus of Rank and File Educators (CORE) ran for leadership of the CTU, few would have predicted their ability to turn the union around from six years of do-little leadership into a force capable of taking on a nationally funded, bipartisan “education reform” movement that seemed likely to achieve its goal of weakening and possibly destroying the largest remaining union sector in the United States—public education unions. CORE and the CTU’s success was not due to replacing a weak leadership with a militant one willing to strike, but rather to the creation of a layer of union members in the CTU who saw the struggle as one for what CTU president Karen Lewis calls “the soul of public education.” | more…
As Chicago Teachers Union President Karen Lewis made her Sunday late-night announcement that the city’s teachers and paraprofessionals would stage their first strike in twenty-five years, my husband and I were waiting to be interviewed by a local television station to capture our live reaction.… The reporter asked us what were going to do with our kids during the strike. We said that we were bringing our children to our school’s strike line the next day to support our teachers and to teach our children what it means to stand up for yourself in a democracy. We criticized the mayor for supporting test-based pay since tying teachers’ performance to high-stakes tests forces them to narrow the curriculum and teach to the test. We also trashed the mayor’s assertion that class size doesn’t matter and asked if the mayor would want classes of thirty-five or more for his own children.… The interview was absolutely nerve-racking, but when it was over, we were happy that we were able to send that message. As soon as the camera was turned off, the reporter got word from his producer that he “blew it.” Apparently, we were supposed to portray the inconvenienced parents upset with striking teachers. The news producer wanted us to blame the teachers for this impasse in this contract fight, but we did not. We did not play by the rules of their blame game. | more…
Last September’s Chicago teachers’ strike raises critical strategic questions for all progressives and socialists seeking to resist the relentless neoliberal austerity attacks against working people and their communities.… [While in many ways it was a success,] it must be frankly recognized that the CTU’s contract campaign, which culminated in the seven day strike, fell short of achieving its ambitious goals at the contract table. In particular, it was unable to: significantly slow the mayor’s crusade to close scores of schools; halt district funding for mostly non-union, privately run charter schools; stop the lengthening of the school day and year without adequate employee compensation; or prevent the establishment of a teacher evaluation system based to an important degree on unreliable student scores on standardized tests. These less-than-optimal results deserve serious analysis, especially in light of the local’s herculean efforts to transform CTU from a classic, conservative business union to a progressive, even radical, organizing union. Could the strike have achieved more if other strategic choices had been made? Were some demands simply unwinnable? | more…
“Teachers want what children need—or do they?” Questioning—and rejecting—the slogan used by the American Federation of Teachers (AFT) to fight for collective bargaining in the 1960s, David K. Cohen, a contributor to Socialist Revolution, in 1969 dismissed the progressive potential of teachers’ unions. This article revisits the AFT’s slogan and Cohen’s question, examining tensions between “what teachers want” and “what children need.” The history of U.S. teacher unionism supports the argument that when teachers’ unions adopt a “social movement” orientation and press against the confines of the scope of bargaining embedded in collective-bargaining agreements, the unions minimize tensions between teachers’ rights to organize as workers in defense of their material interests and the unique political and social responsibilities of their work. | more…
Though the U.S. ruling class is divided on some issues—how quickly to attack Iran, how much to cut Social Security and Medicare, whether homosexuals should be tolerated or treated as the spawn of Satan—they are united on one thing: the need to “reform” the public school system. “Reform” means more tests, more market mechanisms, and fewer teachers’ unions.… The agenda has deep bipartisan roots. | more…
This article is based upon an interrogation of two books: Gregg Shotwell, Autoworkers Under the Gun: A Shop-Floor View of the End of the American Dream; and Jane McAlevey with Bob Ostertag, Raising Expectations (And Raising Hell): My Decade Fighting For the Labor Movement (New York: Verso Books, 2012). Each book is about an iconic union. Gregg Shotwell writes about the United Auto Workers (UAW), and Jane McAlevey the Service Employees International Union (SEIU). What they report gives us reason for both deep concern and hope concerning the future of organized labor. | more…
Since 9/11, the war on terror and the campaign for homeland security have increasingly mimicked the tactics of the enemies they sought to crush. Violence and punishment as both a media spectacle and a bone-crushing reality have become prominent and influential forces shaping U.S. society. As the boundaries between “the realms of war and civil life have collapsed,” social relations and the public services needed to make them viable have been increasingly privatized and militarized. The logic of profitability works its magic in channeling the public funding of warfare and organized violence into universities, market-based service providers, Hollywood cinema, cable television, and deregulated contractors. The metaphysics of war and associated forms of violence now creep into every aspect of U.S. society. | more…
Marge Piercy is the author of eighteen poetry books, most recently The Hunger Moon: New & Selected Poems, 1980–2010 from Knopf. Her most recent novel is Sex Wars (Harper Perennial) and PM Press has republished Vida and Dance the Eagle to Sleep with new introductions. | more…
