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Monthly Review Volume 73, Number 5 (October 2021)

October 2021 (Volume 73, Number 5)

What was most significant about the published Part I of the report was that it revealed that even in the most optimistic projection of the Shared Socioeconomic Pathways—in which carbon emissions globally peak in the next four years, a 1.5°C increase in global average temperature over preindustrial levels would be avoided until 2040, and the goal of net zero carbon emissions would be reached by 2050—the consequences for global humanity would nonetheless be catastrophic by the measure of all historical precedents. | more…

Fly-tipped tires in a disused chalk quarry in North Kent, England

The Capitalinian: The First Geological Age of the Anthropocene

Assuming that the Anthropocene will soon be officially designated as the earth’s current epoch, there remains the question of the geological age with which the Anthropocene begins. Adopting the standard nomenclature for the naming of geological ages, the term Capitalinian is proposed as the most appropriate name for the new geological age, conforming to the historical period that environmental historians see as commencing around 1950, in the wake of the Second World War, the rise of multinational corporations, and the unleashing of the process of decolonization and global development. | more…

Post-Growth Living: For an Alternative Hedonism

Building a Vision of the Good Life

The crux of Kate Soper’s Post-Growth Living is simple: we need to redefine “the good life.” We need to move away from a culture that equates the good life with endless consumption and toward one that equates it with experiences that are not defined by the market. Not only is this transition ecologically necessary, but it will also lead to fairer, and far more pleasurable, experiences. | more…

How to Read Marx's "Capital"

How to Read Marx’s ‘Capital’: Commentary and Explanations on the Beginning Chapters

With the recent revival of Karl Marx’s theory, a general interest in reading Capital has also increased. But Capital—Marx’s foundational nineteenth-century work on political economy—is by no means considered an easily understood text. Central concepts, such as abstract labor, the value-form, or the fetishism of commodities, can seem opaque to us as first-time readers, and the prospect of comprehending Marx’s thought can be truly daunting. Until, that is, we pick up Michael Heinrich’s How to Read Marx’s Capital. | more…

CPC with Xi at core is driving global transformation

Is China Transforming the World?

In most mainstream Western media, China is now presented as a threat, a conquering “empire.” Still the global hegemon, the United States is worried about the Chinese rise in strength, and their successive administrations are building the anxiety-provoking image of a China eager to supplant it and steal its leadership of the capitalist world system. | more…

Monthly Review Volume 73, Number 2 (June 2021)

June 2021 (Volume 73, Number 2)

Where capitalism itself is concerned, the dominant view is that the COVID-19 crisis constitutes a rare, unpredictable, and unlikely to be repeated occurrence. The world capitalist economy, we are informed, was fundamentally sound prior to the advent of this unforeseen exogenous shock, and it will revive quickly once the SARS-CoV-2 virus is under control. This received view, however, is incorrect on all counts. | more…

New beech leaves, Gribskov Forest in the northern part of Sealand, Denmark

Capital and the Ecology of Disease

The death of Salvador Allende in 1973 marked, simultaneously, not only the demise of one of the great socialist experiments, and the launching of neoliberalism; it also represented the loss in Allende of one of the great figures in social medicine. Nowhere has neoliberalism had more devastating effects than in the destruction of public health and social medicine initiatives throughout the world. | more…

Socialist Register 2022: New Polarizations and Old Contradictions: The Crisis of Centrism

“Polarization” is a word commonly used by everyone from mainstream journalists to the person in the street, whatever their political stripe. But this widely recognized phenomenon deserves scrutiny. The 58th volume of the Socialist Register takes up the challenge, asking such questions as: Are the current tendencies towards polarization new, and if so, what is their significance? What underlying contradictions—between race, class, income, gender, and geopolitics—do the latest polarization trends expose? And to what extent can “centrist” politics continue to hold and contain these internal contradictions? This volume’s original essays examine the escalating polarization of national, racial, generational, and other identities, all in the context

"Dollar hegemony" by Luo Jie for China Daily

Five Characteristics of Neoimperialism

Building on Lenin's Theory of Imperialism in the Twenty-First Century

Neoimperialism, the specific contemporary phase of historical development, can be summed up on the basis of five key features: the new monopoly of production and circulation; the new monopoly of finance capital; the monopoly of the U.S. dollar and intellectual property; the new monopoly of the international oligarchic alliance; and the economic essence and general trend. | more…

Illustration of the Paris Commune from Cassell's History of England

The Paris Commune: Marx, Mao, Tomorrow

Today the political visibility of the Paris Commune is not at all evident. At least, that is, if what we mean by “today” is the moment when we have to take up the challenge of thinking politics outside its subjection to the state and outside the framework of parties or party.… And yet the Commune was a political sequence that, precisely, did not situate itself in such a subjection or in such a framework. [To tackle] the political facts and determinations of the Commune…[it is necessary to utilize] a completely different method…[than that of the classical interpretation]. | more…

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