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The Political Economy of Growth

Paul Baran’s Economic Surplus Concept, the Baran Ratio, and the Decline of Feudalism

Recently published and estimated historical data illustrate that economic surplus declined during the thirteenth and fourteenth centuries in England, helping explain the “crisis of feudalism” that started in the thirteenth century. It was not until several centuries later, when capitalism became the dominant economic system, that the economic surplus began to rise on a consistent basis, due to the reinvestment of a portion of the surplus into productive activities, a greater ratio of capital income to rental income, and a greater ratio of investment to economic surplus. | more…

2020, Volume 72, Issue 07 (December 2020)
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Salmon and Acorns Feed Our People: Colonialism, Nature, and Social Action

Decolonization in Practice

Fundamental to Kari Marie Norgaard’s Salmon and Acorns Feed Our People is the seizure of land most evident in the overtly violent era of state-sanctioned frontier genocide and forced relocation of the Karuk. Settler colonialism, Norgaard reminds us, is an ongoing state-led project up to this day—it is not just a moment relegated to the past and, thus, the inherent treatment of Native Americans as relics of U.S. history must be challenged. | more…

2020, Volume 72, Issue 07 (December 2020)
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The Long Deep Grudge: A Story of Big Capital, Radical Labor, and Class War in the American Heartland

The Left and the Class Struggle

Both Toni Gilpin’s The Long Deep Grudge and Michael Goldfield’s The Southern Key offer ample evidence that the grand era of U.S. labor history scholarship is not yet past. The Long Deep Grudge is in equal parts labor history and family reminiscence as Gilpin seeks the fuller story of her father, who played a leadership role in the United Auto Workers union. The Southern Key is in many ways a study of a different variety, but very much of a similarly militant kind. Goldfield, a labor activist veteran himself, draws the big picture of what he sees as the central failure of the U.S. left: the failure to organize the South. | more…

2020, Volume 72, Issue 07 (December 2020)
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Monthly Review Volume 72, Number 6 (November 2020)

November 2020 (Volume 72, Number 6)

In this issue of Monthly Review, we publish two articles marking the two-hundredth anniversary of the birth of Frederick Engels. In the attempt to address our planet’s ecological crisis, Engels’s work has once acquired a renewed importance. His analysis of the dialectics of nature was to play a formative role in the development of modern ecological and evolutionary views and is now being rediscovered in that context. | more…

2020, Volume 72, Issue 06 (November 2020)
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A famous early photograph of Frederick Engels

Engels’s Dialectics of Nature in the Anthropocene

Today, two hundred years after his birth, Frederick Engels can be seen as one of the foundational ecological thinkers of modern times. Engels’s contributions to our understanding of the overall ecological problem remain indispensable, rooted in his own deep inquiries into nature’s universal metabolism. It is because of the very comprehensiveness of his approach to the dialectic of nature and society that Engels’s work can help clarify the momentous challenges facing humanity in the Anthropocene epoch and the current age of planetary ecological crisis. | more…

2020, Volume 72, Issue 06 (November 2020)
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Portrait of Frederick Engels

Engels’s Emergentist Dialectics

In grasping emergent qualities and laws on various levels of organization of matter, dialectical theory employs its own conceptual structure, scientific language, and investigation method, and takes a categorially open-ended shape. In this context, Engels provides a remarkable illustration that not only argues for the interconnection and interpenetration of distinct spheres such as chemistry and biology, but also draws on a generative feature of self-organizing systems. | more…

2020, Volume 72, Issue 06 (November 2020)
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Signs in Hamburg, Germany, April 11, 2020

The COVID-19 Pandemic Exposes Fatal Health Inequities

As stated in the United Nations Universal Declaration of Human Rights, health is a fundamental human right. However, we find ourselves in the midst of the COVID-19 pandemic with a shortage of both human and material health resources, most of which must be sourced from the private sector. Some of the wealthiest countries—France, Italy, Spain, the United Kingdom, and the United States—have proved unable to respond rapidly. The evolution of public health over the past four decades, during which government health policies have reduced health services to commodities and objects of speculative investment, has led to the current crisis. | more…

2020, Volume 72, Issue 06 (November 2020)
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Marriott strike in San Francisco, CA, October 2018

The Mexican and Latino Question

In his book Chicano Communists and the Struggle for Social Justice, Enrique M. Buelna examines the life of Ralph Cuarón, a Mexican-American or Chicano seaman, furniture maker, father, husband, and lifelong activist who joined the Communist Party at age 19 during the Second World War. The Communist Party, however, largely ignored Mexican workers and local members were not pleased with his organizing of that segment of the working class. In the early twenty-first century, the Mexican question remained, although it became known as the “Latino question” after considerable immigration from Central America in the 1980s and ’90s. In their book The Latino Question: Politics, Labouring Classes, and the Next Left, Armando Ibarra, Alfredo Carlos, and Rodolfo D. Torres deconstruct the word Latino, arguing that it homogenizes an extremely diverse population. | more…

2020, Volume 72, Issue 06 (November 2020)
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Monthly Review Volume 72, Number 5 (October 2020)

October 2020 (Volume 72, Number 5)

This special issue of Monthly Review, “China 2020,” is the product of a long period of cooperation with critical Chinese Marxist scholars. This has resulted in an extensive series of articles on contemporary Chinese social and economic relations since 2012, to which most of the authors in the present issue have previously contributed. It takes on a special significance due to the growing conflict between the United States and China, making critical Marxist analysis in this area all the more important. | more…

2020, Volume 72, Issue 05 (October 2020)
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