In 1990, when renowned Indian Marxian economist Prabhat Patnaik asked “Whatever Happened to Imperialism?,” once vibrant and influential schools of theories on imperialism were at a postwar historic low. When he left the West to return to India in 1974, imperialism was at the center of all Marxist discussions. But when he came back to the West merely fifteen years later, imperialism already seemed out of fashion. The retreat from the question of imperialism has marked a return of what we can call Second International politics. | more…
In December 2002, Isabel Crook, a Canadian anthropologist who had spent most of her life in China and a longtime friend and supporter of Monthly Review, wrote a letter to the MR editors questioning the critical nature of coverage of China’s capitalist road to socialism since the ascendance of Deng Xiaoping in the late 1970s. This short exchange with Harry Magdoff reflects the complex ways in which dedicated socialists sought to address changes in China and the clarity of the ideas expressed. | more…
The United States is now in a New Cold War with Russia and China, with the focus increasingly on the latter and involving a direct challenge to U.S. hegemony over the world economy. | more…
This special issue of Monthly Review, “China 2020,” is the product of a long period of cooperation with critical Chinese Marxist scholars. This has resulted in an extensive series of articles on contemporary Chinese social and economic relations since 2012, to which most of the authors in the present issue have previously contributed. It takes on a special significance due to the growing conflict between the United States and China, making critical Marxist analysis in this area all the more important. | more…
In the twenty-first century, all signs are pointing to another period of hegemonic struggle over the world economy, this time between the United States and China, although complicated in this case by the unique, indeterminate aspects of the post-revolutionary Chinese social formation, which is neither entirely capitalist nor entirely socialist. | more…
In 2018, Washington launched the trade war against China. Measures included sharply increasing the customs tariffs borne by certain products imported from China, further barriers to imports from China, and sanctions against Chinese companies targeted by bans on the use of U.S.-made inputs. By June 2019, as tariff increases hit new sectors, China was no longer the United States’s largest trading partner. | more…
During the 1960s, China was effectively excluded from the two major camps: the Soviet camp and the U.S. camp. For about a decade, China was obliged to seek development within its own borders and thereby achieved some extent of delinking: a refusal to succumb to U.S.-eurocentric globalization and an embrace of a people’s agenda of development. While foreign relations were later normalized and China once again brought in foreign capital, since being explicitly targeted as the primary rival of the United States, however, the situation may again warrant moves toward delinking and searching for alternatives, with ups and downs along the way. | more…
Zhoujiazhuang and the Puhan Rural Community offer contrasting experiences of how communities in different parts of China have responded to, negotiated, and undergone extensive changes during the last forty years since the reform policy was implemented in the country in 1979. | more…
Zhoujiazhuang is singular, being the only de facto people’s commune in China today. At present, Zhoujiazhuang still maintains the political, economic, and social structure that has been essentially in place since 1956. For over sixty years—since ten years before the Cultural Revolution and thirty-eight years after the dismantling of almost all people’s communes in 1982—Zhoujiazhuang has survived as an organizational unit over the same territory comprising the same six natural villages. | more…
Originally set up in 1998 in China, the Puhan Rural Community was the first peasant-initiated, cross-village organization established after the collapse of the top-down people’s communes and the implementation of the household responsibility system. Puhan learned a lesson about the exploitation of usurious microfinance and decided that it was capable of establishing a system of mutual aid credit by itself, changing the cultural emphasis on money. Its story of struggling with rural financial organizations opens up a debate on the trap of marketization and monetization, the root causes of loans and debts, the negotiating power of collectives, the production mode of ecological agriculture, and the redefinition of the commonwealth. | more…
Since the emergence of COVID-19, the United States has quite openly decided to use the crisis, at a global scale, as a weapon against its perceived rival, China. In this context, India has taken a number of steps to restructure its relation to China, asserting economic stances and implementing policies that are becoming more and more closely entwined with its geopolitical positions and aspirations. | more…
COVID-19 is a great revealer, laying bare the structures of racial disposability that have sacrificed people, from migrant detainees to meat packers. We are also witness to the rise of anti-Asian violence. Brutal attacks against Asian Americans have exposed the fraudulence of the model minority myth and the assimilationist paradigm that legitimizes state violence against Black and Brown bodies. | more…
