Social Security, the Stock Market, and the Elections
Social Security was the crowning achievement of Roosevelt’s New Deal. It has been the most successful and still remains the most popular of all U.S. government programs. More than a pension program, Social Security provides for workers and their families in the case of early death and disability, in addition to retirement. In 1997, it provided about twelve trillion dollars worth of life insurance alone, more than that of the entire private life-insurance industry. Furthermore, it does all of this in the form of social insurance, in which the distribution and the amount of benefits provided are determined by family relation- ships and basic economic rights-factors that private insurance and pension plans ignore. Nearly one-fifth of the elderly in the United States rely on Social Security as virtually their sole source of income, while two-thirds of all recipients depend on it for at least half of their income | more…
SNCC: What We Did
2000 marks the fortieth anniversary of the southern sit-in movement, the emergence of the civil rights struggle of the 1960s, and the founding of its most dynamic component, the Student Nonviolent Coordinating Committee (SNCC). We believe it is important to look back at the achievements of those courageous men and women, both to celebrate their struggle and to learn from their experience. The following article is adapted from a talk originally given last summer at a seminar far college and university teachers, on the history of the civil rights movement at Harvard’s W. E. B. Du Bois Institute for Afro-American Studies.—Eds. | more…
Reply to Khalil Hassan
Khalil Hassan’s contribution to your July/August 2000 issue (“The Future of the Labor Left”) attempts to categorize leftwing union activists based on their past or present relationship to “the labor bureaucracy ” | more…
Ecological Roots
Foster, John Bellamy, Marx’s Ecology: Materialism and Nature (New York: Monthly Review Press, 2000), 300pp., $18, paperback
“Oh no, not another great, thick, fat book on Marx!” thought Richard Lewontin when he saw this new book by John Bellamy Foster. I have to confess (despite the fact that I, too, have written a big book on Marxism) to a similar reaction. However, as he goes on to say in the book’s blurb, “as soon as I started to read, I found it hard to put down.” With this, too, I concur | more…
Setting the Record Straight on the Korean War
Deane, Hugh, The Korean War, 1945-1953 (San Francisco: China Books and Periodicals, Inc., 1999), 246 pp., $14.95, paperback.
Hugh Deane has written a concise, political, and engaging history of the Korean war. One reason this book is special is that Deane was in southern Korea during the late 1940s as a reporter, and his experiences there enable him to provide a more immediate and personal perspective on events than one normally finds in histories of the Korean war | more…
The Neglected C.L.R. James
Glaberman, Martin, ed., Marxism for Our Times: C. L. R. James on Revolutionary Organization (Jackson: University Press of Mississippi, 1999), 206 pp., $18, paperback.
In 1963, when The Black Jacobins: Toussaint L’Overture and the San Domingo Revolution returned to print in an inexpensively priced paperback, early new left readers discovered (or rediscovered) for themselves a revolutionary classic and a beautifully written account of the first successful slave uprising since Spartacus. The idea that Haitians had not only freed themselves but played a role in the contemporary European class struggles was potent stuff for the emerging Black Power movement | more…
September 2000 (Volume 52, Number 4)
In the United States, the creation of wealth is often presented as a process that benefits everyone within the society. A common shibboleth, made famous during the Kennedy administration, is that “a rising tide lifts all boats.” In June 2000, the Conference Board, an organization devoted to the promotion of global business and one of the leading private centers for the analysis of economic statistics, released a report actually entitled Does a Rising Tide Lift All Boats? The report concludes: “Unfortunately, the answer to date is ‘no ’” | more…
Socialism: A Time to Retreat?
Some wags claim that it is the conservatives who fear socialism, while the radicals believe that capitalism will last forever. Conservatives, they say, fear widespread popular discontent, while radicals abandon hope of a revolutionary overthrow of capitalism. An exaggeration? Of course. Even so, this witticism is not inappropriate. Many on the left have indeed retreated from class and a vision of a democratic, egalitarian socialism. The important social issues of our day—race, gender, and the environment—more often than not are divorced from the role of class structure. The rule of the capitalist class and the class struggle are shoved to the back burner. Whether consciously or not, the implicit assumption underlying the retreat from class is that capitalism will somehow or other go on and on as it creates miraculous new technology. Best then to stick to making those adjustments in social conditions that the system will presumably allow | more…
Is Capitalism a Disease?
When health policy is looked at from the point of view of which issues involve a direct confrontation of fundamental, ruling-class interest, which ones involve simply relative benefits to a class, and which are relatively neutral, we can predict which kinds of measures are possible. This highlights the lie in the notion that society is trying to improve health for everybody. | more…
Marx’s Ecological Value Analysis
Paul Burkett, Marx and Nature: A Red and Green Perspective (New York: St. Martin’s Press, 1999), 312 pp., $45, hardcover.
If there is a single charge that has served to unify all criticism of Marx in recent decades, it is the charge of “Prometheanism.” Although Marx’s admiration for Aeschylus’ Prometheus Bound and his attraction to Prometheus as a revolutionary figure of Greek mythology has long been known, the accusation that Marx’s work contained at its heart a “Promethean motif,” and that this constituted the principal weakness of his entire analysis, seems to have derived its contemporary influence mainly from Leszek Kolakowski’s Main Currents of Marxism. The first volume of this work was drafted in Polish in 1968 and appeared in English in 1978. | more…
Fathers and Sons
Tony Hiss, The View from Alger’s Window: A Son’s Memoir (New York: Alfred A. Knopf, 1999), 241 pp., $24, hardcover.
The View from Alger’s Window is a fascinating book. Even if the father and son who share the stage in this memoir were completely anonymous, it would still be an absorbing story. Probably for most readers, however, and surely for almost all Monthly Review subscribers, the father’s name will reverberate with what Jack Gelber’s Nation review describes as a Nixon-manipulated “story of well-timed leaks, stage-managed press conferences, masterful misleading language.” But as the author himself says, a major objective of his work is to “transform Alger Hiss from a case to a person.” This he has certainly done | more…
About to Burst Free
James D. Cockcroft, Mexico’s Hope: An Encounter with Politics and History (New York: Monthly Review Press, 1998), 320 pp., $18, paperback.
At the outset of this closely argued history of Mexican capitalism, James Cockcroft asks, “How long will the majority of Mexicans put up with being exploited on both sides of the Mexican-U.S. border? ” | more…
July-August 2000 (Volume 52, Number 3)
We would like to thank Ellen Meiksins Wood and Michael Yates for their help at different stages in the development of this special issue. Ellen proposed the idea of having such an issue this summer, initiated it, and started the ball rolling by sending invitations defining the issue to the bulk of the contributors included here. Michael worked mightly, editing manuscripts and helping bring the project to fruition. We owe a debt of gratitude to them both | more…