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Actual U.S. Military Spending Reached $1.537 Trillion in 2022—More than Twice Acknowledged Level: New Estimates Based on U.S. National Accounts

How much does it cost to maintain an empire? A stunning new analysis by Gisela Cernadas and John Bellamy Foster shows the true scale of U.S. military spending, which far outstrips conventional estimates, which use data gleaned from traditional sources. | more…

Integrated circuit on a microchip

What Do We Learn about Capitalism from Chip War?

Chip War (Simon and Schuster, 2022) by Chris Miller is a detailed accounting of the U.S. efforts to retain control of the computer chip industry—an industry that has become vital to nearly all aspects of modern life. Rahul Varman explores and expands on these themes, asking all the while: What can the escalating wars over this crucial technology teach us about global capitalism? | more…

Marxism and the Philosophy of Science

Totality: Decades of Debate and the Return of Nature

“How is it,” Helena Sheehan asks, “that classical Marxist authors were able to address such a stunning array of issues”? The answer can be found, she writes, is in the totality of their intellectual efforts: “Marxism is the only intellectual tradition on the scene capable of embracing…what needs to be comprehended to understand and cope with our world.” | more…

Statues of Marx and Engels in Bishkek, Kyrgyzstan

Frederick Engels: The First Marxist?

In the history of Marxism since Karl Marx’s death, Frederick Engels has cut a controversial figure across the centuries. Through an examination of their correspondence and collaborations, McFarlane presents Engels as not only a stalwart friend and colleague to Marx, but a fascinating organizer, editor, and strategist in his own right. | more…

Monthly Review Volume 75, Number 3 (July-August 2023)

July-August 2023 (Volume 75, Number 3)

Writing at the end of the nineteenth century, Frederick Engels foresaw that without disarmament, Europe would soon be plunged into war. Modern weaponry has made the question of disarmament even more urgent. In this month’s “Notes from the Editors,” the editors put forward the objectives for a contemporary socialist disarmament strategy. | more…

Illustration of Degrowth

Planned Degrowth: Ecosocialism and Sustainable Human Development

In the introduction to this summer’s special issue on “Planned Degrowth,” John Bellamy Foster outlines the major themes of degrowth thought, including, above all, a recognition of the need to challenge current notions of “growth” and “prosperity” and move toward a more sustainable model of human development, one that meets the needs of individuals and communities. This, Foster writes, requires a massive revolutionary shift in the social relations governing the means production and the prioritization of planning our economy around the survival of the species, rather than the endless drive to accumulation that has devastated the planet. | more…

"DEGROWTH: COUNTER HEGEMONY NOW"

Degrowth and Socialism: Notes on Some Critical Junctures

Increasingly, scholarship around degrowth and socialism are coalescing around certain shared ideas, namely, that capitalism is at the root of our planetary crisis. Güney Işıkara and Özgür Narin draw out key points of convergence among these thinkers, as well as discrepancies in the two approaches to creating a future egalitarian and sustainable society. | more…

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