Self-Sourcing: How Corporations Get Us to Work Without Pay!
The expansion of the capitalist world economy, which accelerated after the fall of the socialist bloc, has produced everywhere drastic changes in the division of labor, occupational structure, and the quality and quantity of labor that is in demand. In the United States, public awareness about the causes of job losses (downsizing, capital flight, offshoring, and outsourcing) has vastly increased since it became widely known that these processes caused the loss not only of blue-collar but also of “middle-class” and “upper-middle-class” jobs; i.e., jobs requiring some degree of education and technical competence | more…
On the History of Imperialism Theory
In his illuminating survey, “The Imperialist World System: Paul Baran’s Political Economy of Growth After Fifty Years” (Monthly Review, May 2007), John Bellamy Foster remarks that “The concept of the imperialist world system in today’s predominant sense of the extreme economic exploitation of periphery by center, creating a widening gap between rich and poor countries….had its genesis in the 1950s, especially with the publication fifty years ago of Paul Baran’s Political Economy of Growth.” While acknowledging that traces of such a concept could be found in Marx and Lenin, he feels that “The classical Marxist approach to the worldwide spread of capitalist relations has often been characterized as a crude theory of linear stages of development” whereby the less developed countries would necessarily traverse the same path as the more developed ones. Among the adherents to this view Foster includes Marxists in the Second and Third Internationals | more…
Rediscovering the History of Imperialism: A Reply
The Research Unit for Political Economy’s (RUPE’s) brief historical account here of the origins of the Marxist theory of imperialism constitutes a crucial corrective to common errors regarding that history. In my article, “The Imperialist World System: Paul Baran’s Political Economy of Growth After Fifty Years” (Monthly Review, May 2007), I began by pointing out that Baran’s book was an outgrowth of classical Marxist thought—the ideas of Marx, Lenin, and Luxemburg. At the same time it represented a sharp departure from the rigid orthodoxy of linear development that had come to characterize so much of socialist (as well as bourgeois) thought—often presented in terms of Horace’s phrase, quoted by Marx, “the tale is told of you.” Baran’s treatment of the imperialist world system was a startling contribution at the time that his book appeared, challenging the conventional assumptions of both the right and an increasingly calcified left. | more…
The Nabi Papers
Isador Nabi is widely believed to have emerged from the swamps of southern Vermont some time in the 1970s. The first written record of him was a short-lived biography in American Men of Science. Then he seems to have dissolved. But it is said that he is a sort of academic Golem and that whenever greed, obscurantism, careerism, reductionism, and opportunism afflict science, that is, most of the time, he condenses again out of hypothetico-deductive dust in some obscure vault in that library where they bury unread dissertations, and he lurks in and around academia spending his rage in jest. An unsuccessful obituary appeared in Nature in 1981. Since then he has been nominated (by himself) eleven times for the Grammy and his works have been retranslated into English from 116 foreign languages that didn’t want them. | more…
A Guaranteed Annual Income Will Not Work
In “The Imperative of an International Guaranteed Income” (Monthly Review, April 2007) Stephen Fortunato Jr. presents a pretty good outline of guaranteed annual income (GAI) issues and how they might apply on an international scale. As a Marxist, I take the view that a GAI won’t work | more…
Reply to Collier
Ken Collier raises concerns about increased rent, transportation costs, etc., that surely must be addressed theoretically and pragmatically in any push for a guaranteed annual income. Political realities, however, do not mean that socialists should take the GAI off the table or abandon living-wage campaigns or any other struggle for social justice | more…
Reclaim the Neighborhood, Change the World
In 1988, the National Urban League reported, “More blacks have lost jobs through industrial decline than through job discrimination.” For a civil rights organization, this was a remarkable observation. Born in the era of Jim Crow racism, the Urban League championed the aspirations for upward mobility among urban African Americans. When banks refused to lend money to black entrepreneurs or when municipalities failed to service the black community, the Urban League intervened. One of the demands of the Urban League was for public goods to be shared across racial lines. While the organization was not on the frontlines of the civil rights struggle, it would have been a major beneficiary of the movement’s gains. But the tragedy of the civil rights struggle was that its victory came too late, at least thirty years late. Just when the state agreed to remove the discriminatory barriers that restricted nonwhites’ access to public goods, the state form changed. Privatization and an assault on the state’s provision of social welfare meant that it was not capable of providing public goods to the newly enfranchised citizens. At the same time as the state retreated from its social welfare obligations, the industrial sector in the U.S. crumbled in the face of globalization. Industrial jobs, once the backbone of the segregated black communities, vanished | more…
November 2007 (Volume 59, Number 6)
Former Federal Reserve Board Chairman Alan Greenspan’s new book The Age of Turbulence (Penguin 2007) set off a firestorm in mid-September with its dramatic statement on the Iraq War: “I am saddened that it is politically inconvenient to acknowledge what everyone knows: that the Iraq war is largely about oil” (p. 463). The fact that someone of Greenspan’s stature in the establishment—one of the figures at the very apex of monopoly-finance capital—should issue such a twenty word statement, going against the official truths on the war, and openly voicing what “everyone knows,” was remarkable enough. Yet, his actual argument was far more significant, and since this has been almost completely ignored it deserves extended treatment here. | more…
More Unequal: Aspects of Class in the United States
The glaring increase in economic inequality evident in the United States over the past thirty years has finally made it into the pages of the major media. In the past three years, the Los Angeles Times, the Wall Street Journal, and the New York Times have each published a series of articles on the subject of class. The growing economic divide has also caught the attention of a few prominent economists, like Joseph Stiglitz and Paul Krugman. Even Treasury secretary Henry Paulson has admitted that inequality is on the rise | more…
Gender and Mathematical Ability: The Toll of Biological Determinism
The glaring increase in economic inequality evident in the United States over the past thirty years has finally made it into the pages of the major media. In the past three years, the Los Angeles Times, the Wall Street Journal, and the New York Times have each published a series of articles on the subject of class. The growing economic divide has also caught the attention of a few prominent economists, like Joseph Stiglitz and Paul Krugman. Even Treasury secretary Henry Paulson has admitted that inequality is on the rise | more…
The Death and Life of Che
By the time Ernesto Che Guevara (1928–67) was executed on October 8, 1967, in La Higuera, Bolivia by soldiers under the direction of an agent of the Central Intelligence Agency, he had become a kind of ideological “fetish” for his Washington adversaries. For them Guevara was not simply some “terrorist” or “insurgent”—words used to describe him and his Cuban revolutionary comrades then, just as they are used to describe those who resist Western imperial designs today. He was something new in the context of the post-Second World War Cold War. The United States and its clients claimed they were engaged in a struggle to staunch “Soviet aggression” Moscow saw itself as engaged in a contest of competing systems: capitalism versus socialism. But from the outset of his political life, Che’s perspective was burnished in and energized by the immiseration and oppression he confronted in the “Third World.” | more…
Magic Death for a Magic Life
Workplace Democracy and Collective Consciousness: An Empirical Study of Venezuelan Cooperatives
Liberal ideology insists that a society in which conscious solidarity is the dominating attitude/approach is impossible, because humans are primarily and perpetually motivated by individual material incentives. But the revolutionary process that Venezuela embarked upon in 1999, known as the “Bolivarian Revolution,” is challenging the core liberal tenet that narrow self-interest is the immutable human condition | more…