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One Belt, One Road Map

One Belt, One Road

China's Strategy for a New Global Financial Order

In late 2013, Chinese premier Xi Jinping announced a pair of new development and trade initiatives for China and the surrounding region: the “Silk Road Economic Belt” and the “Twenty-First-Century Maritime Silk Road,” together known as One Belt, One Road (OBOR). Along with the Asian Infrastructure Investment Bank (AIIB), the OBOR policies represent an ambitious spatial expansion of Chinese state capitalism, driven by an excess of industrial production capacity, as well as by emerging financial capital interests. The Chinese government has publicly stressed the lessons of the 1930s overcapacity crisis in the West that precipitated the Second World War, and promoted these new initiatives in the name of “peaceful development.” Nevertheless, the turn to OBOR suggests a regional scenario broadly similar to that in Europe between the end of the nineteenth century and the years before the First World War, when strong nations jostled one another for industrial and military dominance. | more…

Empire of Bases

David Vine, Base Nation: How U.S. Military Bases Abroad Harm America and the World (New York: Metropolitan, 2015), 418 pages, $35.00, hardcover.

The United States maintains about 800 military installations around the world, and the number is growing, despite partial withdrawals of troops from Iraq and Afghanistan and scaling back of major European bases. The continued expansion…has come mainly through a series of smaller “lily pad” installations, originally proposed by Defense Secretary Donald Rumsfeld, that are now being built in Africa, Eastern and Central Europe, Latin America, the Middle East, and beyond.… [David] Vine, a professor of anthropology at American University [and author of Base Nation], visited more than sixty current or former bases in twelve countries and territories. Although scholars such as Chalmers Johnson, Cynthia Enloe, and Catherine Lutz, as well as contributors to Monthly Review, have for decades sounded the alarm about the ever-expanding global network of U.S. military bases, Vine’s new study provides a comprehensive update, persuasively documenting the ways that “far from making the world a safer place, U.S. bases overseas can actually make war more likely and America less secure.” | more…

Monthly Review Volume 68, Number 6 (November 2016)

November 2016 (Volume 68, Number 6)

Notes from the Editors

U.S. presidential elections, if nothing else, throw considerable light on the ideology and imperatives of the system. This is particularly the case with respect to imperialism, where one sees signs of a declining and increasingly desperate U.S. empire. Hillary Clinton has been calling for a no-fly zone in Syria (which would include Russian planes!), thereby threatening a confrontation with Russia on a level not seen since the Cuban Missile Crisis.… Trump, for his part, while appearing to suggest a kind of détente with Russia, is ready to intervene directly and massively in Iraq against the Islamic State (ISIS, ISIL, Daesh), including the use of ground troops. He supports the extension of torture and the slaughter of whole families of suspected terrorists. He claims that he would raise Israel from being a second-level power…. In short, the presidential nominees for the two major political parties are each posturing over who is the most aggressive and bellicose upholder of U.S. militarism and imperialism—and in ways that threaten further escalation of war in the Middle East and in opposition to Russia. | more…

The Great Inequality by Michael D. Yates

Measuring Global Inequality

It is by now well known that significant and growing economic inequality is a central feature of the U.S. economy, as previous articles in Monthly Review have shown. However, the same is also the case for much of the rest of the world. Inequality arises in other countries for reasons similar to those in the United States, but each nation has its own history, along with widely divergent economic and political structures. Here we will look first at the most recent data on global inequality, and then at its causes and consequences. | more…

The Broken BBC

From Public Service to Corporate Power

In the face of austerity cuts to state infrastructure provision, the British Broadcasting Corporation has recently generated something of a moral panic about the future of public sector broadcasting—mobilizing both its own news channel and its friends in the corporate media around the issue. Yet in the midst of this ongoing existential crisis, few have asked: What is it we are being asked to defend?… As in car manufacturing, what is provided is a limitedly resourced primary product, altered for different consumption demands, by add-on and take-off parts. | more…

France: An Algorithmic Power

The Paris attacks of November 13, 2015, demonstrate, if such a demonstration is still necessary, that the aim of new French intelligence laws is not to anticipate or prevent terrorist attacks, but simply to eliminate the private lives of French citizens. President Hollande’s statements that delays in implementing the law were behind the “failure” of the intelligence services are a denial of the fact that this legislation only confirms existing practices. The Law on Intelligence, just like the law on military planning, is mainly an attack on private freedoms. The state of emergency will likewise eliminate public freedoms.… Following the November 13 massacres, the government is already considering changes to the Law on Intelligence, with the aim of “eas[ing] the procedures the intelligence services must follow when they would like to use means of surveillance.” Yet this law does not establish any controls over the activities of the secret services. It does set up a National Control Commission, but this body has no effective possibility of carrying out its mission, and can only offer recommendations. It is not a question, then, of eliminating a control that does not exist, but of signaling that the very idea of monitoring the executive branch should be abandoned—a clear signal that no limitation can or should be placed on its actions. | more…

Cuba’s Medical Mission

John M. Kirk, Health Care without Borders: Understanding Cuban Medical Internationalism (Gainesville, FL: University Press of Florida, 2015), 376 pages, $79.95, hardback.

When the Ebola virus began to spread through western Africa in fall 2014, much of the world panicked. Soon, over 20,000 people were infected, more than 8,000 had died, and worries mounted that the death toll could reach into hundreds of thousands. The United States provided military support; other countries promised money. Cuba was the first nation to respond with what was most needed: it sent 103 nurses and 62 doctors as volunteers to Sierra Leone. With 4,000 medical staff (including 2,400 doctors) already in Africa, Cuba was prepared for the crisis before it began: there had already been nearly two dozen Cuban medical personnel in Sierra Leone.… Since many governments did not know how to respond to Ebola, Cuba trained volunteers from other nations at Havana’s Pedro Kourí Institute of Tropical Medicine. In total, Cuba taught 13,000 Africans, 66,000 Latin Americans, and 620 Caribbeans how to treat Ebola without being infected. It was the first time that many had heard of Cuba’s emergency response teams.… The Ebola experience is one of many covered in John Kirk’s new book Health Care without Borders: Understanding Cuban Medical Internationalism. | more…

Whither Japan? Seven Decades After Defeat

The hard-won lessons of Japan’s wartime defeat are enshrined in its National Constitution and Article 9 in particular.… For the past seventy years, Article 9 remained a fundamental principle of Japanese diplomacy, undergirded by memories of the Asia-Pacific War and the U.S. occupation, buttressed by important revisionist histories of Japanese imperialism. A politically recovered, economically restored Japanese populace still appreciates the Constitution and the relevance of Article 9. But conservative politicians who never believed in the Constitution’s ideals repeatedly challenged and worked around Article 9 despite the majority’s support for it.… Today, once again, Article 9 stands in danger of abandonment by interpretation rather than revision by constitutional processes. | more…

The Critique of the State

A Twenty-First Century Perspective

The allegedly less and less power of nation-states is a great exaggeration, voiced by governments in the interest of justifying their failure to introduce even some of their thoroughly limited and once solemnly promised social reforms.… The overwhelming historical failure of capital was—and remains—its inability to constitute the state of the capital system as a whole, while irresistibly asserting the imperatives of its system as the material structural determination of societal reproduction on a global scale. This is a massive contradiction. Inter-state antagonisms on a potentially all-destructive scale—as presaged last century by two world wars still without the now fully developed weapons of total self-destruction—are the necessary consequence of that contradiction. Accordingly, the state that we must conquer in the interest of humanity’s survival is the state as we know it, namely the state in general in its existing reality, as articulated in the course of history, and capable of asserting itself. | more…

The New Imperialism of Globalized Monopoly-Finance Capital

An Introduction

It is now a universal belief on the left that the world has entered a new imperialist phase.… The challenge for Marxian theories of the imperialist world system in our times is to capture the full depth and breadth of the classical accounts, while also addressing the historical specificity of the current global economy. It will be argued in this introduction (in line with the present issue as a whole) that what is widely referred to as neoliberal globalization in the twenty-first century is in fact a historical product of the shift to global monopoly-finance capital or what Samir Amin calls the imperialism of “generalized-monopoly capitalism.” | more…

Contemporary Imperialism

Lenin, Bukharin, Stalin, and Trotsky in Russia, as well as Mao, Zhou Enlai, and Den Xiaoping in China, shaped the history of the two great revolutions of the twentieth century. As leaders of revolutionary communist parties and then later as leaders of revolutionary states, they were confronted with the problems faced by a triumphant revolution in countries of peripheral capitalism and forced to “revise”…the theses inherited from the historical Marxism of the Second International.… With the benefit of hindsight, I will indicate here the limitations of their analyses. Lenin and Bukharin considered imperialism to be a new stage (“the highest”) of capitalism associated with the development of monopolies. I question this thesis and contend that historical capitalism has always been imperialist, in the sense that it has led to a polarization between centers and peripheries since its origin (the sixteenth century), which has only increased over the course of its later globalized development. | more…

Imperialism and Anti-Imperialism in Africa

When international media were broadcasting live video footage of Tunisians gathering in hundreds of thousands in front of the central office in Tunis of the long-terrifying ministry of home security, chanting in one voice “the people want to bring down the regime,” something had already changed: ordinary people realized they could make huge changes. Weeks later, the Egyptian uprising removed the Mubarak regime that had been entrenched in power for over thirty years…. The neoliberal forms of imperial rule that had destroyed the hopes of the liberation movements were under attack. In order to counter the possibilities for a massive breakthrough at the popular level, the Western forces mounted an invasion of Libya using the mantra of humanitarianism to disrupt, militarily, political and economic life in Africa. Later in collusion with the counter-revolutionary forces in the Egyptian military, Western imperialism sought to roll back the gains of people in the streets of Tunis and Cairo. | more…

The Nonprofit-Corporate Complex

An Integral Component and Driving Force of Imperialism in the Phase of Monopoly-Finance Capitalism

According to Michał Kalecki, the imperialist system of the Keynesian era rested on a triangular structure that was composed of (a) state-financed military production (i.e., the military-corporate complex, often called the “military-industrial complex”), (b) media propaganda (media-corporate complex), and (c) a putative full-employment/welfare-oriented superstructure (Keynesianism) underpinned by the war machine, serving to justify it. Building on Kalecki’s work, John Bellamy Foster, Hannah Holleman, and Robert W. McChesney provided an updated version of the theory of imperialism of the monopoly-capital tradition by laying emphasis on the primary role of the above triangle in the restructuring and preservation of the contemporary imperialist system.. Expanding on their work, I argue that one of the most significant changes in the triangular structure of contemporary imperialism is in its third pillar, particularly with the abandonment of the welfare-oriented paradigm and the adoption of the neoliberal globalization project. | more…

The Nazi Threat in the United States

Imported or Homegrown?

Eric Lichtblau, The Nazis Next Door: How America Became A Safe Haven for Hitler’s Men (Boston: Houghton-Mifflin, 2014), 256 pages, $28.00, hardcover.

Fascism has come full circle…. The main sponsor of this regime this time is not Nazi Germany but Washington…. U.S. military adventures in the Middle East and Africa [and the] [r]esort to imperialist wars abroad also reflects growing social polarization at home, the hollowing out of U.S. liberal democracy as a result of the power of money, the gigantic expansion of the security and surveillance state, the spread of armed vigilantism, the intensification of racism, and the militarization of the U.S. police.… What we are likely witnessing is a situation in which it is no longer possible for the capitalist class in crisis to rule the people of the United States in the old way. A process is underway that involves the withering away of liberal democracy and the arrival of a not-so-friendly fascist order meant to bolster capitalism through a resort to authoritarian discipline. How far this process goes depends on political events and the effects of the ongoing economic crisis on public consciousness. | more…

Neoliberal Co-optation of Leading Co-op Organizations, and a Socialist Counter-Politics of Cooperation

Many people think of cooperatives as small, locally owned businesses, such as groceries, cafes, or bicycle shops, where people can work in an equal and participatory non-capitalist organization. In reality, the U.S. co-op movement is tied to federal agencies whose agenda is promoting neoliberalism, both domestically and abroad, and the co-op movement itself has neoliberal leaders. Many co-ops in name are profit-driven capitalist corporations in practice. And even in the abstract, the co-op principles of smaller co-ops enable neoliberal cooperative politics. All of this, however, raises the question of what a co-op based on socialist values would be, and China’s Nanjie village provides a living example of that. | more…

The Struggle for Scotland’s Future

Chris Bambery’s splendid People’s History builds upon the scholarly work of others across several generations…. In Bambery’s careful telling, the decisive moment in anything like modern Scottish history comes several hundred years ago. The Scots’ real capitalism spread through the savage process of depopulation that Marx described so brilliantly in Capital: enclosure. Over extended decades, thousands of historic villages were literally emptied, so much so that remnants of crude huts can still be found in areas that have fewer inhabitants than sheep. The distinct language, created over thousands of years and retained with great effort in Wales, and with less effort in the rural districts of Ireland, did not need to be crudely suppressed here: the victims, pushed into the cities when not driven to early deaths, seem to have lost everything in this later period but their colorful, characteristic Scottish accents. | more…

Saving the Unity of Great Britain, Breaking the Unity of Greater Russia

The media compelled all of us to follow closely both the Scottish referendum of September 2014 and the conflict between Russia and Ukraine that took on increased momentum starting in spring 2014. We all heard two opposing stories: the unity of Great Britain must be protected in the interest of the English and Scottish people. Moreover, the Scots freely chose, through a democratic vote, to remain in the Union. In contrast, we were told that the independence of Ukraine, freely chosen by the Ukrainian people, is being threatened by the Great Russian expansionist aims of the dictator Putin. Let us look at these facts that were presented to us as incontrovertibly obvious for a good-faith observer. | more…

Contra Hardt and Negri

Multitude or Generalized Proletarianization?

The term multitude was first used in Europe, it seems, by the Dutch philosopher Spinoza, to whom Michael Hardt and Antonio Negri explicitly refer. It then designated the “common people” who were a majority in the cities of the Ancien Régime and deprived of participation in political power (reserved for the monarch and the aristocracy), economic power (reserved for property owners of feudal ancestry or for the nascent financial bourgeoisie, both urban and rural—including the rich peasants), and social power (reserved for the Church and its clerics). The status of the common people varied. In the city, they were artisans, small merchants, pieceworkers, paupers, and beggars; in the country, they were landless. The common people in the cities were restless and frequently exploded into violent insurrections. They were often mobilized by others—particularly the nascent bourgeoisie, the active component of the Third Estate in France—in their conflicts with the aristocracy. | more…

The Return of Fascism in Contemporary Capitalism

It is not by chance that the very title of this contribution links the return of fascism on the political scene with the crisis of contemporary capitalism. Fascism is not synonymous with an authoritarian police regime that rejects the uncertainties of parliamentary electoral democracy. Fascism is a particular political response to the challenges with which the management of capitalist society may be confronted in specific circumstances. | more…

The Fossil Fuels War

Only a few years ago governments, corporations, and energy analysts were fixated on the problem of “the end of cheap oil” or “peak oil,” pointing to growing shortages of conventional crude oil due to the depletion of known reserves. The International Energy Agency’s 2010 report devoted a whole section to peak oil. Some climate scientists saw the peaking of conventional crude oil as a silver-lining opportunity to stabilize the climate—provided that countries did not turn to dirtier forms of energy such as coal and “unconventional fossil fuels.”… Today all of this has changed radically with the advent of what some are calling a new energy revolution based on the production of unconventional fossil fuels. The emergence in North America—but increasingly elsewhere as well—of what is now termed the “Unconventionals Era” has meant that suddenly the world is awash in new and prospective fossil-fuel supplies. | more…

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