Unlike such obvious forms of oppression as feudalism or slavery, capitalism has been able to survive through its genius for disguising corporate profit imperatives as opportunities for individual human equality and advancement. But it was the genius of Karl Marx, in his masterwork, Capital, to discover the converse law of surplus value: behind the illusion of the democratic, supply-and-demand marketplace, lies the workplace, where people trying to earn a living are required to work way beyond the time it takes to pay their wages. Leave it to the genius of Samir Amin to advance Marx’s theories—adding to them the work of radical economists such as Michal Kalecki, Josef Steindl, Paul Baran, and Paul Sweezy—to show how Marxian theory can be adapted to modern economic conditions. | more…
To understand the present ecological crisis, it is necessary to dig much deeper into capitalism’s logic of expropriation, as first delineated by Marx during the Industrial Revolution. At the root of the problem is a spoliation of the natural environment—the expropriation of the earth itself. | more…
An expanded Marxist understanding of capitalist exploitation is long overdue. There are many pathways of surplus extraction beyond the wage form, and understanding them is a task with profound implications for anticapitalist movements around the world. | more…
The pharmaceutical industry has been enormously profitable for many decades. The myth is that these windfalls are warranted by the therapeutic advances made by pharmaceutical companies—but the reality is far different. | more…
Ideas and theories can only play a limited part in tackling the climate crisis, but at least they should not act as obstacles to understanding and action. In his new book, Andreas Malm maps those obstacles and proposes a path through them. | more…
The state cannot be other than Leviathan in imposing its structurally entrenched power on overall societal decision-making. Yet a way must be found to extricate humanity from the ever more dangerous, arbitrary, and alienated form of the Leviathan state. Indeed, the survival of humanity depends on it. | more…
For years, intellectuals have argued that, with the triumph of capitalist, liberal democracy, the Western World has reached “the end of history.” Recently, however, there has been a rise of authoritarian politics in many countries. Concepts of post-democracy, anti-politics, and the like are gaining currency in theoretical and political debate. Now that capitalist democracies are facing seismic and systemic challenges, it becomes increasingly important to investigate not only the inherent antagonism between liberalism and the democratic process, but also socialism. Is socialism an enemy of democracy? Could socialism develop, expand, even enhance democracy? | more…
The recent rise of social reproduction theory represents one of the most remarkable attempts to extend historical materialism in our time. The Review of the Month in this issue, “Women, Nature, and Capital in the Industrial Revolution,” is intended as a contribution to this rapidly growing body of work. | more…
Examining the historical specificity of women’s lives and labor in England during the Industrial Revolution allows us to better analyze the assumptions regarding gender, family, and work that informed the writings of Marx and Engels—and ultimately to understand how capital as a system threatens the social and ecological bases of human life. | more…
With the structural crisis of the capital system, the expansionary historic circle through which capital could dominate humanity for a very long time is perilously closing. That closure brings with it the danger of humanity’s total destruction in the interest of capital’s absurdly prolonged rule. | more…
Amid deep disparities between states, the act of moving across borders becomes a way of re-politicizing the very idea of states, borders, and nations—concepts that have for centuries been taken for granted and excluded from debate. | more…
Capitalism drives our global food system. Everyone who wants to end hunger, who wants to eat good, clean, healthy food, needs to understand capitalism. This book will help do that. In his latest book, Eric Holt-Giménez takes on the social, environmental, and economic crises of the capitalist mode of food production. Drawing from classical and modern analyses, A Foodie’s Guide to Capitalism introduces the reader to the history of our food system and to the basics of capitalism. In straightforward prose, Holt-Giménez explains the political economics of why—even as local, organic, and gourmet food have spread around the world—billions go hungry in the midst of abundance; why obesity is a global epidemic; and why land-grabbing, global warming, and environmental pollution are increasing. | more…
