2005 marks the fiftieth anniversary of the death of Albert Einstein and the centennial of the publication of five of his major scientific papers that transformed the study of physics. Einstein’s insights were so revolutionary that they challenged not only established doctrine in the natural sciences, but even altered the way ordinary people saw their world. By the 1920s he had achieved international popular renown on a scale that would not become usual until the rise of the contemporary celebrity saturated tabloids and cable news channels. His recondite scientific papers as well as interviews with the popular press were front page news and fodder for the newsreels. Usually absent, however, was any sober discussion of his participation in the political life of his times as an outspoken radical-especially in profiles and biographies after his death | more…
In this new edition of Why Unions Matter, Michael D. Yates shows why unions still matter. Unions mean better pay, benefits, and working conditions for their members; they force employers to treat employees with dignity and respect; and at their best, they provide a way for workers to make society both more democratic and egalitarian. Yates uses simple language, clear data, and engaging examples to show why workers need unions, how unions are formed, how they operate, how collective bargaining works, the role of unions in politics, and what unions have done to bring workers together across the divides of race, gender, religion, and sexual orientation. | more…
Annette Rubinstein’s ninety-fifth birthday will be celebrated on Saturday April 9 from 3 to 6 p.m. at the new home of the Brecht Forum/New York Marxist School, at Westbeth, 451 West Street, at the corner of Bank Street, in Manhattan. We are pleased to join Annette’s family, friends, and comrades in also marking her thirty years of teaching at the Brecht Forum and eighty-five years of conscious socialist practice. Our friends at the Brecht promise refreshments, good music, an interesting program, and lots of fun and joy. For additional information call 212-242-4201 or go to www.brechtforum.org. Annette has asked that instead of gifts contributions be made to The Brecht Forum, Inc | more…
In the face of continuing right-wing attacks on Social Security since the Reagan era in the 1980s, MR has responded repeatedly by pointing to the phony nature of the Social Security crisis. Two articles of note are Jacob Morris, “Social Security: The Phony Crisis” in the February 1983 issue of MR and “Social Security, the Stock Market, and the Elections” in the October 2000 issue. Those wanting a thorough historical understanding of this struggle are encouraged to look back at these articles. Given the nature of the right-wing onslaught, which all along has pretended that the Social Security trust fund was threatened with “bankruptcy,” MR’s chief thrust has been to dispel such misconceptions. Our primary purpose has been to counter what has been one of the major propaganda campaigns of our time. If Social Security is in peril of “collapse” it is only because of current plans to privatize it. However, there is a great danger in this controversy of getting drawn into endless debates on the financing of the Social Security system in the United States, while losing sight of the more fundamental issues | more…
The battle over the future of Social Security, the site of continual skirmishes since the Reagan era, is now being waged in earnest (for a history of this struggle see The Editors, “Social Security, the Stock Market, and the Elections,” Monthly Review, October 2000; see also, “Social Seceurity: The Phony Crisis” by Jacob Morris). President Bush began his second term by declaring that partial privatization of Social Security through the creation of personal investment accounts was at the top of the domestic agenda of his administration. This would require an estimated $2 trillion in additional borrowing over the next ten years, and even more after that (New York Times, January 3, 2005), to be coupled with drastic cuts in future Social Security benefits. The White House is counting on the Republican majority in both houses of Congress, the backing of Wall Street, and years of unrelenting ideological warfare against Social Security as the bases on which to effect this change | more…
Since the atomic bomb made its first appearance on the world stage in 1945, it has been clear that we possess the power to destroy our own planet. What nuclear weapons made possible, global environmental crisis, marked especially by global warming, has now made inevitable—if business as usual continues. | more…
Pete Seeger is one of the world’s quintessential activists, having played such an important role in singing the songs and engaging in the struggles of civil rights, free speech, human rights, anti-Vietnam War, environmental, peace, anti-nuclear, and social justice movements. (David Kupfer, “Longtime Passing,” Whole Earth Magazine, 104, 2001, p. 19.) | more…
The bursting of the housing bubble and the ensuing financial debacle have left most people, including many economists and financial experts asking: Why did this happen? If they had been reading Monthly Review, and were familiar with such articles as “The Household Debt Bubble,” “The Explosion of Debt and Speculation,” and “The Financialization of Capitalism,” they would not have needed to ask. In their new book, The Great Financial Crisis: Causes and Consequences, Monthly Review editor John Bellamy Foster and long-time Monthly Review contributor, Fred Magdoff, update this analysis, exploring the whole course of what is now known as “the worst financial crisis since the Great Depression”: from the debt explosion and housing bubble to the subprime debacle and federal bailout. They argue that this latest financial crash, although greater than any since 1929, is itself a symptom of deeper problems connected to the stagnation of the “real” or productive economy of mature capitalism. Financial bubbles have become the chief means of countering stagnation, but these inevitably burst, bringing the underlying economic problems back to the surface. The only recourse of the system: new and bigger bubbles, leading, as they too pop, to still greater financial crises and worsening conditions of production—in what has now become a vicious cycle. | more…
Given the extent and extremity of violence today, even in the absence of world war, and two decades after the end of actually-existing socialism, it is hard not feel that we are living in another age of barbarism. The scale and pervasiveness of violence today calls urgently for serious analysis—from “the war on terror” and counter-insurgencies, from terror and counter-terror, suicide bombings and torture, civil wars and anarchy, entailing human tragedies on a scale comparable to those of the two world wars, not to mention urban gang warfare, or the persistence of chronic violence against women. That the nirvana of global capitalism finds millions of people once again just “wishing (a) not to be killed, (b) for a good warm coat” (as Stendhal is said to have put it in a different era) is, when fully contemplated, appalling. | more…
Critique of Intelligent Design is a direct reply to the criticisms of intelligent design proponents and a compelling account of the long debate between materialism and religion in the West. It provides an overview of the contemporary fight concerning nature, science, history, morality, and knowledge. Separate chapters are devoted to the design debate in antiquity, the Enlightenment and natural theology, Marx, Darwin, and Freud, and to current scientific debates over evolution and design. It offers empowering tools to understand and defend critical and scientific reasoning in both the natural and social sciences and society as a whole. | more…
In 2000 I agreed to become coeditor of Monthly Review along with my dear friend John Bellamy Foster. I had been reading MR since 1972 when I was a teenager and had been educated, enlightened, and inspired by it, and the work of editors Paul Sweezy and Harry Magdoff. I had introduced John to the magazine soon after I discovered it. By the 1990s I had become a regular contributor to MR. When John and Harry asked me to join them as a coeditor I initially balked. I already had a very full schedule and there was no sign it would abate. Plus, I was a media historian and critic; not an economist. But John, in particular, insisted that my involvement was necessary to bring MR through a difficult transition editorially and financially. He promised me that he would do most of the work. I agreed with an understanding that I would have to revisit the situation in due time | more…
More than any other work, The Political Economy of Media demonstrates the incompatibility of the corporate media system with a viable democratic public sphere, and the corrupt policymaking process that brings the system into existence. Among the most acclaimed communication scholars in the world, Robert W. McChesney has brought together all the major themes of his two decades of research. Rich in detail, evidence, and thoughtful arguments, The Political Economy of Media provides a comprehensive critique of the degradation of journalism, the hyper-commercialization of culture, the Internet, and the emergence of the contemporary media reform movement. The Political Economy of Media is mandatory reading for anyone wishing to understand and change media, and the political economy, in the world today. | more…
