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Chart 3. Incremental Output-Capital Ratio (5-Year Trailing Averages), China and the United States, 2000–2005 through 2018–2022

Surplus Absorption, Secular Stagnation, and the Transition to Socialism: Contradictions of the U.S. and the Chinese Economies since 2000

Minqi Li and Lingyi Wei look to the Chinese and U.S. economies to illustrate the contradictions of secular stagnation, concluding that both economies will likely face great challenges in the decades to come. However, they write, progressive economic policies could change China’s future, encouraging massive investment into the state sector and bringing about the transition to a fully socialist society. | more…

Billboard reading "Clear waters and green mountains"

Marxist Ecology in China: From Marx’s Ecology to Socialist Eco-Civilization Theory

Since the 1980s, Chinese writers and thinkers have been engaging with Marxist ecology, constructing a theoretical system that starts with interpretation of Marx and Engels themselves. Chen Yiwen takes stock of how this framework progressed toward an overarching theory of ecological civilization, generating new questions to be answered at every stage of development. | more…

Map showing locations of select strategic U.S. military installations (indicated by stars) along the first and second island chains in the Indo-Pacific.

Imperialism in the Indo-Pacific—An Introduction

John Bellamy Foster and Brett Clark introduce this summer’s special issue on “Imperialism in the Indo-Pacific,” exploring how the super-region came to be conceptualized among geopolitical strategists and its present-day role in U.S military strategy. “The United States,” they write, “facing the demise of its global hegemonic imperialism, is not only preparing for a Third World War; it is actively provoking it.” | more…

Taiwan, the U.S. and China

Taiwan: An Anti-Imperialist Perspective

“In the Western imagination,” the Qiao Collective writes, “Taiwan exists as little more than a staging ground for ideological war with the People’s Republic of China.” However, this not only obscures the deep historical and cultural ties between Taiwan and the mainland, but functions as a justification for U.S. imperial intervention in the South China Sea. | more…

Closeup of the Korean Demilitarized Zone that surrounds the Military Demarcation Line

The Korean Linchpin: The Korean Peninsula’s Enduring Centrality in U.S. Indo-Pacific Geostrategy

Tim Beal dives into the critical role that the Korean Peninsula plays in U.S. strategy for maintaining power in the Indo-Pacific. The United States, he concludes, has long used its position on the peninsula to advance U.S. interests in the Pacific theater, aiming its most recent efforts against the rise of China and Russia. | more…

DPR/MPR building complex in Jakarta

When the Ruling-Class Parties Harden: Indonesia and Great Power Politics in the Indo-Pacific

Iqra Angurah elucidates the strategic role in the Indo-Pacific in the context of the New Cold War and, in particular, the country’s close ties to the forces of multinational capital and Western imperialism. The alignment of the Global North and local elites underscores the need for a popular, socialist, and anti-imperialist movement among the Indonesian working class. | more…

Xie Zhenhua, Special Representative for Climate Change Affairs

Net-Zero and the China Challenge: Decarbonization amid Great Power Competition in the Indo-Pacific

As the world hurtles toward planetary catastrophe, driven in large part by the unchecked burning of fossil fuels in the Global North, China has emerged as a leader in renewable energy. This dynamic, Julie de los Reyes and Jewellord Nem Singh contend, mirrors China’s ascendance in many sectors, revealing “the glaring failure of the liberal international order to address pressing social and environmental issues.” | more…

Monthly Review Volume 75, Number 11 (April 2024)

April 2024 (Volume 75, Number 11)

In a December 2023 interview with the Wall Street Journal, Richard Haass, former special assistant to H. W. Bush, declared that the world has descended into a “new world disorder,” lamenting the long-lost dream of unending U.S. hegemony. This month’s “Notes from the Editors” reflects on not only Haass’s recent statements, but his longstanding advocacy of an “Imperial America” designed to ensure U.S. domination on the world stage. | more…

A New Global Geometry?: Socialist Register 2024

A New Global Geometry? Socialist Register 2024

In its 60th volume!

Scrutinizes possibilities for an equalised global order, in light of recent conflicts between the world’s major powers

The “post-Cold War era is definitively over,” asserted US President Joe Biden as he launched the new National Security Strategy, warning in late 2022 that “a competition is underway between the major powers to shape what comes next.” American leadership, the document declared, would be more necessary than ever to define “the future of the international order,” insisting that the US must marshal its unparalleled economic, military, and diplomatic resources to confront its rivals.

Socialist Register 2024: A New Global Geometry? takes stock of momentous changes

Monthly Review Volume 75, Number 6 (November 2023)

November 2023 (Volume 75, Number 6)

In 2022, China released its “Global Civilization Initiative,” a document enumerating China’s commitment to fostering diversity, equality, and cultural exchange. The editors analyze how the U.S. foreign policy community and media jumped to attack the initiative in the interest of defending U.S. imperial strategy around the globe. | more…

Monthly Review Volume 75, Number 6 (October 2023)

October 2023 (Volume 75, Number 6)

At the center of the United States’s New Cold War MR editors write, is the World Trade Organization, “the crown jewel of the liberal international order.” After China’s admittance into the WTO did not lead to the collapse of socialism in that country, presidents from Obama to Biden have gutted the institution and escalated the tariff war, all in the name of protecting the so-called rules-based international order. | more…

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