The world is burning, flooding, and politically exploding, to the point where it’s become abundantly clear that neoliberal feminism—the kind that aims to elect The First Woman President—will never be enough. In her vibrant, politically personal essay, Zillah Eisenstein asks us to consider what it would mean to thread “socialism” to feminism; then, what it would mean to thread “abolitionism” to socialist feminism. Finally, she asks all of us, especially white women, to consider what it would mean to risk everything to abolish white supremacy, to uproot the structural knot of sex, race, gender, and class growing from that imperial whiteness. | more…
Although neoliberalism is widely recognized as the central political-ideological project of twenty-first-century capitalism, it is a term that is seldom uttered by those in power. Behind this particular ruse lies a deeply disturbing, even hellish, reality. Neoliberalism can be defined as an integrated ruling-class political-ideological project, associated with the rise of monopoly-finance capital, the principal strategic aim of which is to embed the state in capitalist market relations. Hence, the state’s traditional role in safeguarding social reproduction—if largely on capitalist-class terms—is now reduced solely to one of promoting capitalist reproduction. The goal is nothing less than the creation of an absolute capitalism. All of this serves to heighten the extreme human and ecological destructiveness that characterizes our time. | more…
In the Notes from the Editors of the January 2019 issue of Monthly Review, the editors commented on a blog post by Michael Roberts on the term financialization. In the first part of this short exchange Roberts questions whether financialization is a meaningful and useful term, or simply a distraction from a comprehensive critique contemporary capitalism. | more…
There has been a tendency within liberal analysis of financialization to place an emphasis on the trees, that is, the various speculative mechanisms, rather than the forest, or the growth of finance in relation to production. The reason for this stress on the trees rather than the forest is that, in contemporary capitalist ideology, financialization cannot be brought seriously into question since it is part of the entire architecture of accumulation. | more…
Revolting Prostitutes reminds readers that this struggle is at once bigger than any one sex worker’s immediate needs, but also must be precisely driven by these day-to-day needs. While this might at first seem contradictory, the book emphasizes how the collective workforce is constituted by individual workers with varied experiences, all of which are unique and valid. Narrative matters and, with Revolting Prostitutes, we are gifted one shaped by nuanced, considerate, care-informed members of the impacted working community. | more…
The Council on Foreign Relations is the world’s most powerful private foreign-policy think tank and membership organization. Dominated by Wall Street, it claims among its members a high percentage of past and present top U.S. government officials as well as corporate leaders and influential figures in the fields of education, media, law, and nonprofit work. Wall Street’s Think Tank follows the Council on Foreign Relations from the 1970s to the present, and this new paperback edition includes an Afterword discussing the Trump Administration and the Council. | more…
Radical political economist Samir Amin (1931–2018) left behind a cherished oeuvre of Marxist writings. Amin’s intellectual range—from economics to culture—was admirable, and his lessons remain essential. Monthly Review Press is honored to publish this volume, culled from the Monthly Review magazine, of ten of Samir Amin’s most significant essays written in the twenty-first century. The collection is introduced by Amin’s friend and comrade, the Marxist philosopher Aijaz Ahmad, who provides a comprehensive survey of Amin’s life and path-breaking work. Ahmad also offers a contextual focus by which to read such stunningly astute pieces as “Revolution or Decadence?” and “Contemporary Imperialism.” | more…
To comprehend twenty-first-century imperialism we must go beyond analysis of the nation-state to a systematic investigation of the increasing global reach of multinational corporations or the role of the global labor arbitrage. At issue is the way in which today’s global monopolies in the center of the world economy have captured value generated by labor in the periphery within a process of unequal exchange, thus getting “more labour in exchange for less. The result has been to change the global structure of industrial production while maintaining and often intensifying the global structure of exploitation and value transfer. | more…
In 1957, in the Political Economy of Growth, Paul Baran made a seminal contribution to our understanding of the connection between economic surplus—a concept he introduced into the development discussion—and growth. Given that the ruling class controls the surplus of society, how the surplus is used—whether it is invested, consumed, or simply wasted—is at its discretion. The effective utilization of surplus implies a reasonable rate of capital accumulation and economic development. In the following study of the utilization of surplus I compare the size of surplus and gross capital formation in a variety of countries starting from the mid–nineteenth century. | more…
Following two key themes in Karl Marx’s thought—estrangement and political economy, in their relation to human self-knowledge—labor mediates the social metabolism. In this schema, organic (or functional) metabolism is distinguished from extended metabolism (or social organization). Socially extended metabolism gives rise to shared values and concepts in the same way that organic metabolism gives rise to life. On this basis, I suggest that both the subject and object of human self-knowledge is a socially extended self, which can connect to itself only when humans freely participate in socially extended metabolism—that is, economy, science, and industry. Estrangement, in contrast, is seen to result from a disruption within socially extended metabolism. | more…
Peter D. Carter and Elizabeth Woodworth, Unprecedented Crime: Climate Science Denial and Game Changers for Survival (Atlanta: Clarity Press, 2017), 270 pages, $27.95, paperback.
Unprecedented Crime, a book by Peter Carter and Elizabeth Woodworth, with a foreword by leading climate scientist James Hansen, outlines the criminality of those who actively promote the continuing emission of carbon gases into the atmosphere despite having full knowledge of the consequences. These consequences include the breakdown of large ice sheets, rising sea levels, and the intensification of extreme weather events around the world, such as hurricanes, floods, and fires. | more…
Less than two decades into the twenty-first century, it is evident that capitalism has failed as a social system. The world is mired in economic stagnation, financialization, and the most extreme inequality in human history, accompanied by mass unemployment and underemployment, precariousness, poverty, hunger, wasted output and lives, and what at this point can only be called a planetary ecological “death spiral.” Many of the symptoms of the failure of capitalism are well-known. Nevertheless, they are often attributed not to capitalism as a system, but simply to neoliberalism, viewed as a particular paradigm of capitalist development that can be replaced by another, better one. A critical-historical analysis of neoliberalism is therefore crucial both to grounding our understanding of capitalism today and uncovering the reason why all alternatives to neoliberalism and its capitalist absolutism are closed within the system itself. | more…
Workplace surveillance and the invasion of employee privacy have always been present under capitalism. Historically, this has mostly involved the combination of visual observation and abstract time, focusing on employee performance. However, the development of new information and communication technologies has brought important changes to the manner in which employers control employee productivity. Such digitalization or datafication of employees constitutes a qualitative change in the history of workplace surveillance—a change that reduces workers, their performance and bodies, to lines of code and flows of data to be scrutinized and manipulated. | more…
The psychoanalytical framework developed by Marxist Erich Fromm strongly challenges the dominant biological and individualistic explanations of the mental-health crisis that is now sweeping the globe. Fromm emphasized that all humans have certain needs that must be fulfilled in order to ensure optimal mental health. It follows that capitalism is crucial to determining the experience and prevalence of mental well-being, as its operations are incompatible with true human need. | more…
A World Turned Upside Down? poses two overarching questions for the new period opened by the Trump election and the continued growth of right-wing nationalisms. Is there an unwinding of neoliberal globalization taking place, or will globalization continue to deepen, but still deny the free cross-border movement of labor? | more…
In many animal-rights circles, Karl Marx and a long tradition of Marxian theorists are to be faulted for their speciesist treatment of nonhuman animals and the human-nonhuman animal relationship. These criticisms typically neglect the larger historical conditions, intellectual influences, and debates out of which Marx’s treatment of the human-animal dialectic arose—even though this is crucial to any meaningful understanding of his thought in this area. In response, this article assesses the historical-intellectual background behind Marx’s arguments on humans and animals, placing it in the context of the influence exercised on his thought by Epicurus, Hermann Samuel Reimarus, Ludwig Feuerbach, Charles Darwin, and others. In the process, they explain how Marx’s view of animals in the world came to be integrated with his theory of metabolic rift and his critique of capitalism. | more…
In human-animal studies and critical animal studies, the most influential treatment of animalist Marxism and Marxist animalism has been developed by Ted Benton on the basis of his interpretation of Karl Marx’s work. This article focuses minutely on Benton’s argument and Marx’s Economic and Philosophical Manuscripts of 1844 (or Paris Manuscripts), refuting Benton’s contentions point by point and forcefully challenging the idea that Marx’s work was speciesist in orientation. | more…
In this article from Ever Since Darwin, Stephen Jay Gould describes how the Museum of Natural History’s Gobi Desert expeditions of the 1920s failed to achieve their stated purpose: to find the ancestors of man in Central Asia. In a perceptive analysis of the political role of science and of the social biases that affect thought, Gould describes how anthropologists—despite a complete lack of direct evidence—believed that human evolution was propelled by an enlarging brain, and not, as is the case, upright posture. | more…
