In the twenty-first century, all signs are pointing to another period of hegemonic struggle over the world economy, this time between the United States and China, although complicated in this case by the unique, indeterminate aspects of the post-revolutionary Chinese social formation, which is neither entirely capitalist nor entirely socialist. | more…
In 2018, Washington launched the trade war against China. Measures included sharply increasing the customs tariffs borne by certain products imported from China, further barriers to imports from China, and sanctions against Chinese companies targeted by bans on the use of U.S.-made inputs. By June 2019, as tariff increases hit new sectors, China was no longer the United States’s largest trading partner. | more…
Washington Bullets is about U.S. imperialism—the bullets sent by various Washington, DC administrations to crush revolutions, assassinate democratically elected leaders—to destroy hope. Focusing on the rising national liberation movements in the Third World after the Second World War and continuing up to the present, historian and journalist Vijay Prashad sets out a scathing indictment of U.S. imperialism, from the 1953 CIA-sponsored coup in Iran, to the twenty-first-century ousters of Dilma Rousseff in Brazil and Evo Morales in Bolivia. | more…
World War I, given all the rousing “Over-There” songs and in-the-trenches films it inspired, was, at its outset, surprisingly unpopular with the American public. As opposition increased, Woodrow Wilson’s presidential administration became intent on stifling antiwar dissent. Wilson effectively silenced the National Civil Liberties Bureau, forerunner of the American Civil Liberties Union. Presidential candidate Eugene Debs was jailed, and Deb’s Socialist Party became a prime target of surveillance operations, both covert and overt. Drastic as these measures were, more draconian measures were to come. | more…
Crisis reveals the fault lines in society. COVID-19 is wreaking havoc on our health and killing us in large numbers, bringing with it the most massive and steep economic collapse in U.S. history. Then, there was the murder of George Floyd and the resulting astonishing global protests against racism. Anyone can see that capitalism, facing no real opposition in decades, has reverted to its default position: only profit rules us and those with money will beat down those with none, without mercy or remorse. | more…
Since the emergence of COVID-19, the United States has quite openly decided to use the crisis, at a global scale, as a weapon against its perceived rival, China. In this context, India has taken a number of steps to restructure its relation to China, asserting economic stances and implementing policies that are becoming more and more closely entwined with its geopolitical positions and aspirations. | more…
The entire United States has been upended by weeks of protests, extending to over 150 cities, sparked by the racist police murder of George Floyd. The present special issue of Monthly Review is devoted to exploring the complex interweaving of the classical Marxian critique with the rapidly developing critique of racial capitalism. | more…
Indigenous and African resistance and intellectual traditions provide key insights to the very nature of capitalism and how it has unfolded throughout space and time, its tentacles emanating from Europe and stretching across the globe in the forms of imperialism and colonialism. | more…
In recent years, “racial capitalism” has ascended across the humanities and social sciences. It has arisen as a conceptual framework to understand the mutually constitutive nature of racialization and capitalist exploitation, inter alia, on a global scale, in specific localities, in discrete historical moments, in the entrenchment of the carceral state, and in the era of neoliberalization and permanent war. | more…
Organized labor—based on white-exclusive and later white-dominated, though not necessarily exclusive, trade unions—formed itself as part of the settler state, not in the sense of being an apparatus of the state, but in the sense of accepting certain important precepts. The unions took for granted the nature of the settler state and, as such, conceived that the unions were to exist to serve the “legitimate” population, or at least the working class of the legitimate population. | more…
Poultry-processing work lies within a larger web of carceral geographies that extend beyond the prison walls into factory floors, neighborhoods, and schools. These geographies depend on and are produced through racism, as the production of unequal vulnerability to premature death. Racial capitalism connects the poultry plant to the prison alongside the movement for abolition beyond the prison. | more…
Capitalism is a global racialized structure. Although many of the exploited working class are white peoples, people of color, especially women of color, have generally borne the brunt of the human suffering inflicted by capitalism. There is no doubt that colonialism and U.S. slavery were economic systems, but they were also brutal attacks on non-Western peoples. | more…