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Chart 3. Incremental Output-Capital Ratio (5-Year Trailing Averages), China and the United States, 2000–2005 through 2018–2022

Surplus Absorption, Secular Stagnation, and the Transition to Socialism: Contradictions of the U.S. and the Chinese Economies since 2000

Minqi Li and Lingyi Wei look to the Chinese and U.S. economies to illustrate the contradictions of secular stagnation, concluding that both economies will likely face great challenges in the decades to come. However, they write, progressive economic policies could change China’s future, encouraging massive investment into the state sector and bringing about the transition to a fully socialist society. | more…

2024, Volume 76, Number 05 (October 2024)
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Billboard reading "Clear waters and green mountains"

Marxist Ecology in China: From Marx’s Ecology to Socialist Eco-Civilization Theory

Since the 1980s, Chinese writers and thinkers have been engaging with Marxist ecology, constructing a theoretical system that starts with interpretation of Marx and Engels themselves. Chen Yiwen takes stock of how this framework progressed toward an overarching theory of ecological civilization, generating new questions to be answered at every stage of development. | more…

2024, Volume 76, Number 05 (October 2024)
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Pessimism of the intellect, optimism of the will

Applying/Misapplying Gramsci’s Passive Revolution to Latin America

Steve Ellner deconstructs the argument that Pink Tide governments elected since 2018 are in a state of “passive revolution,” having betrayed their progressive roots through concessions to conservative elements and capital. This analysis, Ellner finds, fails to capture the material impacts of Pink Tide governments, their strategic importance, or their potential to pull societies toward a more radical leftist future. | more…

2024, Volume 76, Number 05 (October 2024)
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Monthly Review Volume 76, Number 4 (September 2024)

September 2024 (Volume 76, Number 4)

This month’s “Notes from the Editors” recounts the history of U.S. preparations for “prolonged and limited” nuclear war and Washington’s repeated refusal to abide by international agreements regarding nuclear weaponry. With the recent announcement that the United States will be stationing nuclear-capable Tomahawk missiles on German soil—within minutes’ striking distance of Moscow—this history is now, troublingly, more relevant than ever. | more…

2024, Volume 76, Number 04 (September 2024)
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The Ecological Rift by John Bellamy Foster, Brett Clark, and Richard York

The Ecological Rift in the Anthropocene

In an interview with Brazilian magazine Margem Esquerda, John Bellamy Foster shares with Fabio Querido, Maria Orlanda Pinassi, and Michael Löwy the formative experiences that contributed to his work as a young activist and, later, a preeminent scholar of ecological Marxism. The interview concludes with a message to the ecological left in Brazil and elsewhere: “Whatever solutions there are to the present planetary crisis must, in historical-materialist terms, arise from concrete social formations, on the basis of which the new revolutionary transformations will take place.” | more…

2024, Volume 76, Number 04 (September 2024)
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President Biden and Prime Minister Modi of India before the 2023 G20 Summit

Sub-Imperialist India in Washington’s Anti-China “Pivot”

Bernard D’Mello describes India’s role as a collaborator in the U.S. anti-China Indo-Pacific project. This role, he elaborates, grows directly from the imperial/sub-imperial relationship between the United States and India, which manifests itself in border disputes, military exercises, diplomacy, economic ties, and more, has heightened hostilities in the Indo-Pacific region while benefiting the power elite of both countries. | more…

2024, Volume 76, Number 04 (September 2024)
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The U.S. Army Research Laboratory and the University of Southern California opened a new collaborative research facility yesterday at the USC Institute for Creative Technologies facility in Playa Vista, California

UARCs: The American Universities that Produce Warfighters

Sylvia Martin reveals the deep linkages between U.S. universities and the military-industrial complex through the Department of Defense’s University Affiliated Research Centers. These programs utilize colleges and universities as research and development labs for the U.S. imperial war machine, blurring the lines between ostensibly independent institutions and the military academy and enabling the further expansion and normalization of the warmaking apparatus throughout U.S. society. | more…

2024, Volume 76, Number 04 (September 2024)
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Civilian Conservation Corps

Listen to the Ecologists!

In this reprise from 1992, former MR editors Harry Magdoff and Paul M. Sweezy look toward the end of the recession then plaguing the United States, seeing choice looming on the horizon: Will the progressive left attempt to reform capitalism, or replace it entirely? Capital’s inexorable thirst for growth beyond natural limits, they write, means we must choose the latter—”if we care about the future of the human species…we had better listen to the ecologists.” | more…

2024, Volume 76, Number 04 (September 2024)
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Map showing locations of select strategic U.S. military installations (indicated by stars) along the first and second island chains in the Indo-Pacific.

Imperialism in the Indo-Pacific—An Introduction

John Bellamy Foster and Brett Clark introduce this summer’s special issue on “Imperialism in the Indo-Pacific,” exploring how the super-region came to be conceptualized among geopolitical strategists and its present-day role in U.S military strategy. “The United States,” they write, “facing the demise of its global hegemonic imperialism, is not only preparing for a Third World War; it is actively provoking it.” | more…

2024, Volume 76, Number 03 (July-August 2024)
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Taiwan, the U.S. and China

Taiwan: An Anti-Imperialist Perspective

“In the Western imagination,” the Qiao Collective writes, “Taiwan exists as little more than a staging ground for ideological war with the People’s Republic of China.” However, this not only obscures the deep historical and cultural ties between Taiwan and the mainland, but functions as a justification for U.S. imperial intervention in the South China Sea. | more…

2024, Volume 76, Number 03 (July-August 2024)
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