Zak Cope, Divided World Divided Class: Global Political Economy and the Stratification of Labour Under Capitalism (Montreal: Kersplebedeb, 2012), 387 pages, $20.00, paperback.
[Zak] Cope argues that the seemingly pervasive racism and cultural chauvinism in the global North is not the result of false consciousness, misinformation, indoctrination, or ignorance (at least to the extent that much of the political left assumes). Rather, racism and cultural chauvinism are the expression of economic interests shared by a variety of social strata in the global North, all of whom have an interest in exploiting the global South. Central to this argument is the idea that the labor aristocracy—the relatively privileged global North working class—developed as a result of the exploitation of the global South, and therefore has a material interest in continuing this exploitation. | more…
There is a pressing need for a coherent left strategy on climate change and in relation to the planetary environmental threat in general.… We therefore read with considerable interest Christian Parenti’s article, “A Radical Approach to the Climate Crisis” in the Summer 2013 issue of Dissent. Parenti’s main thesis is that since the time with which to address the climate change problem is so short, “it is this society and these [existing capitalist] institutions that must cut emissions. That means, in the short-term, realistic climate politics are reformist politics, even if they are conceived of as part of a longer-term anti-capitalist project of total economic re-organization.”… [Parenti] insists that capitalism has been successful in the past in addressing “specific environmental crises” and that this will also likely be the case with respect to climate change.… Perhaps the best way to explain…[why we believe Parenti’s overall argument is wrong] is to counterpose what we think would be a more appropriate statement on the nature of a revolutionary strategy. It would read as follows: Anyone who thinks that it is conceivable to counter climate change (and the planetary environmental crisis as a whole) without opposing and in part superseding the logic of capital accumulation is in denial of the very clear findings of climate science and critical social science—which point to the immediacy and unprecedented scale of the present epochal crisis and thus the need for truly revolutionary social change. | more…
On Thursday, December 13, 2012, The Guardian announced Queen Elizabeth finally received an answer to her question—”Did nobody see this coming?”—about the 2008 financial crisis.… Perhaps she could have also asked three more questions: Does nobody see the suffering and socioeconomic injustices of oligopolistic-finance capitalism? Does no one see that the problems are structural and systemic? And is there no alternative to a system that generates continuous “quadruple crises”—the socioeconomic, political, environmental, and personal/psychological?… The conventional wisdom is “There Is No Alternative,” or TINA. For this reason most Americans simply acquiesce to capitalistic social relations and, like Sisyphus, are resigned to performing eternal tasks while enduring the “endless” quadruple crises generated by a pathological system.… The most extraordinary aspect concerning the absence of an alternative is that it is fallacious. The capitalistic system itself must be transformed. To put it into a slogan: Capitalism Is No Alternative, or CINA. | more…
A sign of the crass economic culture of our times is the recent release by Hasbro of the game “Monopoly Empire” based on the well-known “Monopoly” game, first mass produced in 1935 by Parker Bothers, now a Hasbro subsidiary. The new version can be played in thirty minutes and is designed to take the friction out of the game while glorifying the modern corporate system. Players collect iconic brands of corporations such as McDonalds, Coca-Cola, Nestlé, and Samsung, which they add to billboard “towers” in a race to the top. Players no longer leave the game due to bankruptcy. The goal is simply to build the biggest monopoly brand empire. | more…
It is an indication of the sheer enormity of the historical challenge confronting humanity in our time that the worst economic crisis since the Great Depression, sometimes now called the Second Great Depression, is overshadowed by the larger threat of planetary catastrophe, raising the question of the long-term survival of innumerable species—including our own. An urgent necessity for the world today is therefore to develop an understanding of the interconnections between the deepening impasse of the capitalist economy and the rapidly accelerating ecological threat—itself a by-product of capitalist development. | more…
To mark the centenary this year of the birth of Harry Magdoff, born August 21, 1913, Monthly Review is publishing the following talk found in his papers, and originally entitled “Primitive Accumulation.” The precise date and occasion of the talk is unknown. However, an inspection of the contents suggests that it was probably delivered not long after the publication of Arghiri Emmanuel’s article “White-Settler Colonialism and the Myth of Investment Imperialism,” in the May–June 1972 issue of New Left Review, and before the publication of Magdoff’s long article, “Colonialism: European Expansion Since 1763,” which appeared in the fifteenth edition of the Encyclopedia Britannica late in 1974. It appears that the audience was aware in advance of the two topics to be discussed: Marx’s treatment of “So-Called Primitive Accumulation” in volume 1 of Capital and Emmanuel’s article on “White-Settler Colonialism.”
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…
Between October 2010 and April 2012, over 250,000 people, including 133,000 children under five, died of hunger caused by drought in Somalia. Millions more survived only because they received food aid. Scientists at the UK Met Centre have shown that human-induced climate change made this catastrophe much worse than it would otherwise have been.… This is only the beginning: the United Nations’ 2013 Human Development Report says that without coordinated global action to avert environmental disasters, especially global warming, the number of people living in extreme poverty could increase by up to 3 billion by 2050. Untold numbers of children will die, killed by climate change.… If a runaway train is bearing down on children, simple human solidarity dictates that anyone who sees it should shout a warning, that anyone who can should try to stop it. It is difficult to imagine how anyone could disagree with that elementary moral imperative.… And yet some do. Increasingly, activists who warn that the world faces unprecedented environmental danger are accused of catastrophism—of raising alarms that do more harm than good. That accusation, a standard feature of right-wing attacks on the environmental movement, has recently been advanced by some left-wing critics as well. While they are undoubtedly sincere, their critique of so-called environmental catastrophism does not stand up to scrutiny. | more…
This is an abridged version of an article by the same title published in Review1, launched in 1965 as Monthly Review‘s literary supplement. Eleanor Hakim was the managing editor of Studies on the Left in its first few years. At the time she wrote this article she was teaching at the New School for Social Research in New York City. Her essay dealt with Brecht’s theory of the subversive role of the artist in confronting what he conceived as the “cultural apparatus”and how this affected his theory of epic theater. Hakim was particularly concerned with demonstrating that Brecht’s critical outlook was confirmed by the way that, after his death, the U.S. cultural apparatus (“the theatrical stock exchange” of her title) was manipulating and de-radicalizing his drama. In this context, she drew out the significance of Brecht’s revolutionary humanism.… —Eds.
A historical perspective on the economic stagnation afflicting the United States and the other advanced capitalist economies requires that we go back to the severe downturn of 1974–1975, which marked the end of the post-Second World War prosperity. The dominant interpretation of the mid–1970s recession was that the full employment of the earlier Keynesian era had laid the basis for the crisis by strengthening labor in relation to capital. As a number of prominent left economists, whose outlook did not differ from the mainstream in this respect, put it, the problem was a capitalist class that was “too weak” and a working class that was “too strong.” Empirically, the slump was commonly attributed to a rise in the wage share of income, squeezing profits. This has come to be known as the “profit-squeeze” theory of crisis. | more…
When confronted with any big decision in life, I hear my mom’s voice telling me to listen to my gut. This has worked for personal adventures ranging from backpacking to parenting, even though at times it can be hard to quiet the social noise that prevents us from “hearing” what our instincts have to say. In Greed to Green, Charles Derber explores a new twist on the familiar “listen to your gut” adage by framing climate change inaction as the collective problem of not having a gut feeling about this planetary threat. Rather, he explains that we as a society have cordoned off knowledge of climate change as an intellectual concept, and have not allowed it to migrate to the realm of the gut truth. | more…
The world at present is fast approaching a climate cliff. Science tells us that an increase in global average temperature of 2°C (3.6° F) constitutes the planetary tipping point with respect to climate change, leading to irreversible changes beyond human control. A 2°C rise is sufficient to melt a significant portion of the world’s ice due to feedbacks that will hasten the melting. It will thus set the course to an ice-free world. Sea level will rise. Numerous islands will be threatened along with coastal regions throughout the globe. Extreme weather events (droughts, storms, floods) will be far more common. The paleoclimatic record shows that an increase in global average temperature of several degrees means that 50 percent or more of all species—plants and animals—will be driven to extinction. Global food crops will be negatively affected. | more…
