March 1998 (Volume 49, Number 10)
A striking feature of the mountain of talk about the Asian crisis is that its root cause is all too often ignored The focus of the media and the pundits is on weak banks, bad management, corrupt officials, heavy indebtedness, excess speculation, and the fragility of the financial markets. Typically, the disaster is viewed as a regional affair. A rare exception is the statement of Eisuke Sakakibara, Japan’s vice-minister for international finance: “This isn’t an Asian crisis. It is a crisis of global capitalism.” (Business Week, January 26, 1998) But he too was apparently thinking of financial markets, concerned with effects, not causes. | more…
Human Rights Imperialism
Human rights were embodied in international law for the first time half a century ago. According to the United Nations Charter, one of the goals of the organization is international cooperation “to advance and strengthen the respect of human rights and basic freedoms for all people, regardless of race, sex, language and religion.” The thirty articles of the Universal Declaration of Human Rights of 1948 set out in detail the UN Charter’s goal of international cooperation for the advancement of human rights and basic freedoms. The Convention on Prevention and Prosecution of Genocide of the same year is a great advance and landmark in the body of international law, binding on the states that have ratified it. These two achievements, which came at the very moment of the inception of the cold war, were due to the continuing democratic-antifascist impetus of the struggle and victory of the Anti-Hitler coalition in the Second World War. In the verdicts at Nuremberg the Nazi leaders were not only convicted of war crimes but also of crimes against humankind | more…
The New Theology of the First Amendment
The First Amendment stands as the crown jewel of the U.S. Constitution. Although it often has been ignored and violated throughout U.S. history, the First Amendment is the republic’s shining commitment to individual freedom of expression and to the protection of this institutional requirements for an informed electorate and a participatory democracy. Yet what exactly the First Amendment signifies and does has been the subject of considerable debate over the years. Currently or in the near future, any number of cases are and will be working their way through the court system that would seek to prohibit any government regulation of political campaign spending, broadcasting, and commercial speech (e.g. advertising or food labeling) on the grounds that such regulation would violate citizens’ and corporations’ First Amendment rights to free speech or free press | more…
Marxism, Metaphors, and Ecological Politics; Rejoinder to Harvey
It has, unfortunately, taken far too long for Marxists to take environmental issues seriously. There are some good reasons for this, including the undoubtedly “bourgeois” flavor of many of the issues politicized under that heading (such as “quality of life” for the relatively affluent, romanticism of nature, and sentimentality about animals) and the middle class domination of environmental movements. Against this, it must also be recognised that communist/socialist government have often ignored environmental issues to their own detriment (the pollution of Lake Baikal, the destruction of the Aral Sea, deforestation in China, being environmental disasters commensurate with many of those attributable to capitalism). Environmental issues must be taken seriously. The only interesting question is how to do it | more…
February 1998 (Volume 49, Number 9)
Monthly Review was chosen for a 1997 Frederick Douglas Award, an award given annually by the North Star Fund. We were of course pleased to be so honored and thought that MR readers would be interested to learn more about it. In fact, considering that so many of you, as supporters and friends, are members of the MR family, the award properly belongs to you as well as the staff. | more…
Confronting the Time Bind
Socialists have long contended that capitalism produces distinctive and undesirable structures of time. Marx argued that capitalism created an ineluctable downward pressure on wages, forcing workers to work long hours in order to earn enough to sustain themselves. By the same token, lengthening the working day was one of the ways by which employers could increase the production of surplus-value. Marx’s son-in-law, Paul Lafargue, added that capitalism disciplined workers by creating a kind of ideology of work, a moral compulsion to labor; although, in Lafargue’s view, this was in part responsible for capitalism’s periodic crises of overproduction, it was one of the ways by which employers were able to enforce work discipline | more…
Digital Diploma Mills
Recent events at two large North American universities signal dramatically that we have entered a new era in higher education, one which is rapidly drawing the halls of academe into the age of automation. In mid-summer the UCLA administration launched its historic “Instructional Enhancement Initiative” requiring computer web sites for all of its arts and sciences courses by the start of the fall term, the first time that a major university has made mandatory the use of computer telecommunications technology in the delivery of higher education. In partnership with several private corporations (including the Times Mirror Company, parent of the Los Angeles Times), moreover, UCLA has spawned its own for-profit company, headed by a former UCLA vice chancellor, to peddle online education (the Home Education Network) | more…
The Uncontrollability of Globalizing Capital
We live in an age of unprecedented historical crisis. Its severity can be gauged by the fact that we are not facing a more or less extensive cyclic crisis of capitalism as experienced in the past, but the deepening structural crisis of the capital system itself. | more…
January 1998 (Volume 49, Number 8)
MR has always been known for its style as well as its substance. We’ve always aimed for depth of analysis without sacrificing clarity and accessibility. We’ve also tried to keep our articles relatively short, not just to maintain the small and affordable size of the magazine but also because we’re writing for an audience of socialists who lead busy lives—for people who work long and hard hours, in factories, offices, educational institutions, and at home, and for activists no less than for intellectuals. | more…
A Letter to a Contributor
As mentioned over the phone, we like your article very much. It needs to be shortened, and we will be suggesting some editorial changes. Meanwhile, I would like to get your thinking about my disagreement with this statement in your conclusion: “Today’s neo-liberal state is a different kind of capitalist class than the social-democratic, Keynesian interventionist state of the previous period.” I can’t see any significant difference in either the state or its relation to the ruling class, even though clearly there is a considerable difference between the functioning of the capitalist economy during the so-called golden age and the subsequent long stretch of stagnation. I do not mean the absence of any change at all in the capitalist class. Thus, the growing influence of the financial sector (not necessarily a separate sector) is noteworthy. But that is hardly a measure of a major change in the state | more…
Eras of Power
During the past few years a strong challenge has been mounted in the pages of Monthly Review to the argument—prevalent on the left as well as the right—that globalization and technological change have combined to bring us into a new era. Ellen Meiksins Wood captured the gist of the emerging MR position in an essay entitled “Modernity, Postmodernity, or Capitalism” in which she asserts that there has been no historic rupture, no epochal shift, to usher in globalization or postfordism or postmodernism | more…
December 1997 (Volume 49, Number 7)
The New Yorker dated October 20-27 carries, along with a generous menu of futurology, a sensational article on the past and present. It is entitled “The Return of Karl Marx,” by John Cassidy, who is self-identified as an Oxford-educated friend of “a highly intelligent and levelheaded Englishman whose career has taken him…to a big Wall Street investment bank.” Visiting with his friend at the latter’s Long Island summer home during the early summer, the two discussed the economy and speculated on how long the current financial boom would last. | more…
The Women Who Organized Harvard
Balloons transformed Harvard Yard on May 17, 1988, the day the “servants of the university,” as workers were originally called, voted on whether to join the Harvard Union of Clerical and Technical Workers (HUCTW), an affiliate of AFSCME. “Ballooning” lightened the tension, but Kristine Rondeau, lead union organizer, had a grim warning for her staff: “You did a wonderful job. But we don’t have it … It’s very likely we didn’t win.”1 In fact, by a slim margin, they did have it. One of the most influential universities in the world had been outsmarted by some of its unknown employees, mostly women | more…