At the bicentenary of his birth, Frederick Engels’s reputation as an original thinker is, among Anglophone academics at least, at its nadir. Despite the recent global economic crisis and associated increases in inequality that have tended to confirm Karl Marx and Engels’s general critique of capitalism, Marxism is an optimistic doctrine that has not fared well in a context dominated by working-class retreat and demoralization. But if this context has been unpropitious for Marxism generally, criticisms of Engels’s thought have a second, quite separate, source. Over the course of the twentieth century, a growing number of commentators have claimed that Engels fundamentally distorted Marx’s thought, and that “Marxism” and especially Stalinism emerged out of this one-sided caricature of Marx’s ideas. | more…
Today, at the bicentennial of Frederick Engels’s birth, it is worth taking a brief look at Engels’s theory of the labor aristocracy, its connection to V. I. Lenin’s thinking, and the significance of these ideas in light of the current capitalist conjuncture. | more…
Karl Marx’s (and Frederick Engels’s) analysis of nineteenth-century Irish history revealed what is referred to as “the rift of Éire” in the colonial period. Indeed, it is in relation to the analysis of the systematic disruption of the Irish environment that Marx’s ecological inquiries can be seen as taking on a concrete and developed form, encompassing the ecological as well as economic robbery that characterized the Irish colonial regime. | more…
The climate crisis is proving to be antithetical to the neoliberal machines that define current forms of social organization. Reducing fossil fuel consumption, the largest contributor to climate change, requires collaborative efforts. These efforts must take into consideration the foundational role of fossil fuels in modern economies. Yet, renewables lack many of the characteristics that have made fossil fuels so desirable in production processes, limiting their ability to expropriate human labor. At the same time, climate catastrophes, such as wildfires and hurricanes, disrupt the infrastructural momentum of fossil fuel economies, destabilizing the mechanisms of capital accumulation that derive from the production and consumption of these fuels. All of these problems have come to a head in the recent crises in Chile and California. | more…
Starting in the late 1960s, the development of the productive forces of society entered a new stage: the Information Revolution, an era focused on the application of information theories such as cybernetics combined with advances in computer technology and digital communication networks, culminating in the Internet. Under capitalist conditions, this has already resulted in a knowledge economy, but the social, auto-regulatory possibilities it opens up are bound to be incompatible with the private appropriation characteristic of capitalism. | more…
Since the Great Financial Crisis of 2007–09, Hyman Minsky (1919–96) has been widely recognized as one of the late twentieth century’s most insightful economic theorists. Nevertheless, if Minsky had still been alive at the time of the Great Financial Crisis, there would have been little likelihood that his new-found reputation would have resulted in his receiving the Nobel Prize in Economics given his heterodox and socialist economic views. | more…
The great French Marxist Henri Lefebvre authored sixty-eight books, since translated into thirty languages, making brilliant analyses on dialectics and alienation, everyday life and urbanism, ecology and citizenship. Yet, his La conscience mystifiée(Mystified Consciousness), published in 1936, has seemingly been forgotten in every language, largely ignored everywhere. Though it may well be his most enduring political tract, it was his most prescient thesis for understanding the human condition in the twenty-first century. | more…
As an exposition of capitalism’s contradictions, Paul Baran and Paul Sweezy’s Monopoly Capital remains one of the most influential treatises in Marxist political economy produced in North America. Among Baran and Sweezy’s sociological investigations, they identified the negative consequences of capitalism for mental health, drawing attention to the manner in which the organization of capitalist society conflicted with the essential needs of the individual. | more…
When Paul Baran and Paul Sweezy’s Monopoly Capital was published by Monthly Review Press in 1966, two of the chapters originally drafted for the book were left out of the final volume: what was to have been Chapter 9 in the original plan for the book, entitled “Some Theoretical Implications,” and what was intended as Chapter 11, “The Quality of Monopoly Capitalist Society: Culture and Mental Health.” In July–August 2012, “Some Theoretical Implications” was finally published in Monthly Review. This was followed by the publication of the first part, approximately two-thirds of the whole, of “The Quality of Monopoly Capitalist Society: Culture and Mental Health,” titled “The Quality of Monopoly Capitalist Society: Culture and Communications,” in the July–August 2013 issue of the magazine. The section on mental health was left out on the grounds that it was incomplete. We finally publish it here. | more…
In the nineteenth century, Karl Marx, inspired by the German chemist Justus von Liebig, argued that capitalism’s relation to its natural environment was that of a robbery system, leading to an irreparable rift in the metabolism between humanity and nature. In the twenty-first century, these classical insights into capitalism’s degradation of the earth have become the basis of extraordinary advances in critical theory and practice associated with contemporary ecosocialism. In The Robbery of Nature, John Bellamy Foster and Brett Clark, working within this historical tradition, examine capitalism’s plundering of nature via commodity production, and how it has led to the current anthropogenic rift in the Earth System. | more…
The “turn toward the indigenous” in social theory in the last couple of decades, associated with the critique of white settler colonialism, has reintroduced themes long present in Marxian theory, but in ways that are often surprisingly divorced from Karl Marx’s critique of capitalism, colonialism, and imperialism. | more…
