Against expectations of growing secularism as a result of globalization, Meera Nanda argues that India has instead seen a remarkable intertwining of Hinduism and neoliberal ideology, spurred on by a growing capitalist class. It is this “State-Temple-Corporate Complex,” she claims, that now wields decisive political and economic power, and provides ideological cover for the dismantling of the Nehru-era state-dominated economy. Nanda explores the roots of this development and its possible future, as well as the struggle for secularism and socialism in the world’s second-most populous country. | more…
During November 13–14, 2006, I participated in an “International Conference on Ownership & Property Rights: Theory & Practice,” in Beijing. This was not just an academic conference, it was related to a sharp debate taking place in China at that time over a proposed new law on property rights.1 Although none of the presentations at the conference made any direct reference to the proposed new law, everyone knew that it was the subtext of the conference debate | more…
Most economists continue to celebrate China as one of the most successful developing countries in modern times. We, however, are highly critical of the Chinese growth experience. China’s growth has been driven by the intensified exploitation of the country’s farmers and workers, who have been systematically dispossessed through the break-up of the communes, the resultant collapse of health and education services, and massive state-enterprise layoffs, to name just the most important “reforms.” With resources increasingly being restructured in and by transnational corporations largely for the purpose of satisfying external market demands, China’s foreign-driven, export-led growth strategy has undermined the state’s capacity to plan and direct economic activity. Moreover, in a world of competitive struggle among countries for both foreign direct investment and export markets, China’s gains have been organically linked to development setbacks in other countries. Finally, China’s growth has become increasingly dependent not only on foreign capital but also on the unsustainable trade deficits of the United States. In short, the accumulation dynamics underlying China’s growth are generating serious national and international imbalances that are bound to require correction at considerable social cost for working people in China and the rest of the world. | more…
From the opening pages of this harsh and unsparing book, Bertrand Russell offers what he considered to be the unvarnished truth about the war in Vietnam. For Lord Russell, the war, and the way it was being conducted, was the responsibility of the United States. And, he adds, “To understand the war, we must understand America.” | more…
Capital, as Marx once wrote, comes into the world “dripping from head to foot, from every pore, with blood and dirt.” He might well have been describing the long, grim history of rubber. From the early stages of primitive accumulation to the heights of the industrial revolution and beyond, rubber is one of a handful of commodities that has played a crucial role in shaping the modern world, and yet, as John Tully shows in this remarkable book, laboring people around the globe have every reason to regard it as “the devil’s milk.” All the advancements made possible by rubber—industrial machinery, telegraph technology, medical equipment, countless consumer goods—have occurred against a backdrop of seemingly endless exploitation, conquest, slavery, and war. But Tully is quick to remind us that the vast terrain of rubber production has always been a site of struggle, and that the oppressed who toil closest to “the devil’s milk” in all its forms have never accepted their immiseration without a fight. | more…
After eighteen years on West 27th St., the MR offices will move this month to a new address: 146 West 29th St., Suite 6W, New York, NY 10001. Fortunately, our phone and fax numbers, not to mention our e-mail addresses, will remain the same. We will continue to offer current and back issues of the magazine and MR Press books for sale at the office. Call 212-691-2555 for hours | more…
Unlike other conventional histories, the unifying thread of A History of the Philippines is the struggle of the peoples themselves against various forms of oppression, from Spanish conquest and colonization to U.S. imperialism. Constantino provides a penetrating analysis of the productive relations and class structure in the Philippines, and how these have shaped—and been shaped by—the role of the Filipino people in the making of their own history. | more…
This article is based primarily on a series of meetings with workers, peasants, organizers, and leftist activists that I participated in during the summer of 2004, together with Alex Day and another student of Chinese affairs. It is part of a longer paper that is being published as a special report by the Oakland Institute. The meetings took place mainly in and around Beijing, as well as in Jilin province in the northeast, and in the cities of Zhengzhou and Kaifeng in the central province of Henan. What we heard reveals in stark fashion the effects of the massive transformations that have occurred in the three decades following the death of Mao Zedong, with the dismantling of the revolutionary socialist policies carried out under his leadership, and a return to the “capitalist road,” leaving the working classes in an increasingly precarious position. A rapidly widening polarization-in a society that was among the most egalitarian-is occurring between extremes of wealth at the top and growing ranks of workers and peasants at the bottom whose conditions of life are daily worsening. Exemplifying this, the 2006 Fortune list of global billionaires includes seven in mainland China and one in Hong Kong. Though their holdings are small compared to those in the United States and elsewhere, they represent the emergence of a full-blown Chinese capitalism. Rampant corruption unites party and state authorities and enterprise managers with the new private entrepreneurs in a web of alliances that are enriching a burgeoning capitalist class, while the working classes are exploited in ways that have not been seen for over half a century | more…
At the end of October John Bellamy Foster and Martin Hart-Landsberg (coauthor with Paul Burkett of China and Socialismand author of Korea: Division, Reunification and U.S. Foreign Policy—both published by Monthly Review Press) traveled to Mexico City to participate as representatives of Monthly Review in the Fifth Colloquium of Latin American Political Economists. John spoke on “Imperial Capital: The U.S. Empire and Accumulation.” Martin presented a paper (cowritten with Paul Burkett) on “China and the Dynamics of Transnational Capital Accumulation.” Among the conference participants who met with John and Martin in a special meeting for Monthly Review were Guillermo Gigliani of Economistas de Izquierda (EDI) in Argentina (see “Argentina: Program for a Popular Economic Recovery” in the September 2004 issue of MR), Alejandro Valle of Mexico, the chief organizer of the Fifth Colloquium, and Leda Maria Paulani, President of the Sociedade Brasileira de Economia Política (SEP). Our hope is that this important meeting will lead to the establishment of a strong connection between MR and Latin American political economists confronting neoliberalism. The final outcome of the Fifth Colloquium was itself a landmark event: the founding of the long-planned Sociedad Latinoamerica de Economía Política y Pensamiento Crítico (Latin American Society of Political Economy and Critical Thought). The new organization will not be simply (or mainly) an academic and professional organization but will be actively dedicated to opposing neoliberalism and to supporting political and social movements for radical change in Latin America. We salute our Latin American political-economic comrades in this important struggle | more…
Nepal lies on the south side of a five-hundred-mile-long section, east to west, of the Himalayan mountain range. China (Tibet) is its northern neighbor, and on the east, south, and west Nepal is surrounded by India (Sikkim, Bihar, and Uttar Pradesh). Nepal’s width north to south averages about one hundred miles—from the Himalayan ridge and the highest point on earth (Mt. Everest, at 29,035 feet) down to a thin strip of the Gangetic plain (the Terai), where Nepal’s second largest city, Biratnagar, is less than 300 feet above sea level | more…
While communications about the military successes of the People’s War in Nepal have been regularly disseminated, little information has been made available at the international level about the achievements of people’s power in the country. This article aims to rectify this situation somewhat by highlighting the emergence of people’s power side-by-side with the progressive dissolution of the old monarchical state (ruling since 1769), with particular reference to achievements made in the Central Command area, which includes the main base area, Rolpa | more…
Over a quarter century after China ventured onto the market path, it is high time to take a hard look and ask some very tough questions. That is what Martin Hart-Landsberg and Paul Burkett did in “China and Socialism: Market Reforms and Class Struggle” (Monthly Review, July–August 2004) and they concluded that “market reforms” have fundamentally subverted Chinese socialism. The considerable costs of economic liberalization, they argued, reflect the inherent antagonisms of the capitalist system that is in the midst of being imposed. “Market socialism” is at best a contradiction in terms, an unstable formation that only awaits progressive degeneration: “the Chinese government’s program of ‘market reforms,’ which was allegedly to reinvigorate socialism, has instead led the country down a slippery slope toward an increasingly capitalist, foreign-dominated development path.” | more…
