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The Rise and Fall of the Third World

Vijay Prashad, The Darker Nations: A People’s History of the Third World (New York: New Press, 2008), 384 pages, paper, $19.95.

Vijay Prashad’s The Darker Nations opens with the assertion that the third world was not so much a place as a project. His goal is to provide an account of the anticolonial and nonaligned movement rather than a full history of the under-developed world in the last half of the twentieth century. However, in this remarkable book, he does both. Born in the wake of the upheavals of the Second World War, the third world movement that took form at the Bandung Conference in 1955 was championed by the likes of Nehru, Nasser, Tito, Sukarno, and Nkrumah. Its leaders collectively called for national independence, economic development, and Cold War nonalignment while basing themselves on the support of millions of followers in the under-developed nations. | more…

2009, Volume 60, Issue 10 (March)
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February 2009 (Volume 60, Number 9)

In 1987, in the introduction to their Stagnation and Financial Explosion, Monthly Review editors Harry Magdoff and Paul Sweezy wrote: “We both reached adulthood during the 1930s, and it was then that we received our initiation into the realities of capitalist economics and politics. For us economic stagnation in its most agonizing and pervasive form, including its far-reaching ramifications in every aspect of social life, was an overwhelming personal experience. We know what it is and what it can mean; we do not need elaborate definitions or explanations. But we have gradually learned, not altogether to our surprise of course, that younger people who grew up in the 1940s or later not only do not share but also do not understand these perceptions. The economic environment of the war and postwar periods that played such an important part in shaping their experiences was very different. For them stagnation tends to be a rather vague term, equivalent perhaps to a longer-than-usual recession but with no implication of possible grave political and international repercussions. Under these circumstances, they find it hard to relate to what they are likely to regard as our obsession with the problem of stagnation. They are not quite sure what we are talking about or what all the fuss is over. | more…

2009, Volume 60, Issue 09 (February)
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A New New Deal under Obama?

With U.S. capitalism mired in an economic crisis of a severity that increasingly brings to mind the Great Depression of the 1930s, it should come as no surprise that there are widespread calls for “a new New Deal.” Already the new Obama administration has been pointing to a vast economic stimulus program of up to $850 billion over two years aimed at lifting the nation out of the deep economic slump. | more…

2009, Volume 60, Issue 09 (February)
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Nepal, a Promising Revolutionary Advance

Imagine. A liberation army that supports a generalized revolt of the peasantry reaches the gates of the capital, where the people, in their turn, rise up, drive the royal government from power and welcome as their liberator the Communist Party of Nepal-Maoist (CPN-M), whose effective revolutionary strategy needs no further demonstration. What is involved here is the most radical victorious revolutionary advance of our epoch, and, for this reason, the most promising. | more…

2009, Volume 60, Issue 09 (February)
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Why Unions Still Matter

The first edition of Why Unions Matter was published in 1998. In it I argued that unions mattered because they were the one institution that had dramatically improved the lives of the majority of the people and had the potential to radically transform both the economic and political landscape, making both more democratic and egalitarian. I showed with clear and decisive data that union members enjoyed significant advantages over nonunion workers: higher wages, more and better benefits, better access to many kinds of leaves of absence, a democratic voice in their workplaces, and a better understanding of their political and legal rights. What is more, unions benefitted nonunion workers through their political agitations and through what is called the “spillover” effect—nonunion employers will treat their employees better if only to avoid unionization. | more…

2009, Volume 60, Issue 09 (February)
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A Radical Vision for Today’s Labor Movement

During the Cold War, many of the people with a radical vision of the world were driven out of our labor movement. Today, as unions search for answers about how to begin growing again, and regain the power workers need to defend themselves, the question of social vision has become very important. What is our vision in labor? What are the issues that we confront today that form a more radical vision for our era. | more…

2009, Volume 60, Issue 09 (February)
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Open Source Anti-Capitalism

Derek Wall, Babylon and Beyond: The Economics of Anti-Capitalist, Anti-Globalist and Radical Green Movements (London: Pluto Press, 2005), 236 pages, paperback, $26.95.

For decades we’ve been told that “there is no alternative” to global capitalism—that trust in the market was the only way to bring progress and end poverty, despite the clear absence of an actual end to poverty. The global financial crisis of 2008 has undermined the rhetoric of inevitability, as even its most prominent practitioners begin to question the logic of neoliberalism. A Washington Post editorial titled “The End of American Capitalism?” quotes the Nobel Prize–winning former World Bank chief economist Joseph Stiglitz as saying: “People around the world once admired us for our economy, and we told them if you wanted to be like us, here’s what you have to do—hand over power to the market. The point now is that no one has respect for that kind of model anymore given this crisis. And of course it raises questions about our credibility. Everyone feels they are suffering now because of us” (October 10, 2008). | more…

2009, Volume 60, Issue 09 (February)
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The Path to Human Development: Capitalism or Socialism?

“If we believe in people, if we believe that the goal of a human society must be that of “ensuring overall human development,” our choice is clear: socialism or barbarism.” These concluding lines from “The Path to Human Development” appear on the back cover of one Venezuelan edition—a pocket-sized edition much like the widely circulated “Socialism Does Not Drop from the Sky” (chapter 5 of Build It Now). The other edition, together with an extended edition of that latter essay (including my “New Wings for Socialism” from the April 2006 Monthly Review), is being published as The Logic of Capital versus the Logic of Human Development for the communal council libraries in Venezuela. | more…

2009, Volume 60, Issue 09 (February)
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January 2009 (Volume 60, Number 8)

This year marks the eightieth anniversary of the 1929 Stock Market Crash and the beginning of the Great Depression, the worst economic crisis in the history of capitalism. However, while the Great Depression has been very much in the news of late, this is not due so much to this anniversary as to the fact that for the first time since the 1930s an economic crisis has arisen on a scale and of a nature that invites direct comparison with that earlier deep downturn, which threatened the entire system and ended in the Second World War. | more…

2009, Volume 60, Issue 08 (January)
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Why Cuba Still Matters

In the early 1990s there was near unanimity in the media, in Western political circles, and even among academics that the collapse of the Cuban revolution was imminent. Even today, many observers regard it as only a matter of time for Cuba to undergo a transition to democracy (understood as a narrowly defined polyarchy) and a “market economy.” | more…

2009, Volume 60, Issue 08 (January)
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Tobacco Worker

Nancy Morejón’s mother was a tobacco worker; her father worked on the Havana docks and was a merchant seaman. She is a direct beneficiary of the Cuban revolution, holding a degree in French literature from the University of Havana. The author of twelve volumes of poetry and numerous books and articles on Cuban and Caribbean culture, she has also been director of the Caribbean Studies Center at Casa de las Americas, the premier Latin American cultural institution. Morejón’s work has been translated into many languages, including, in English, Looking Within (Wayne State University Press, 2003) and With Eyes and Soul, with photographs by Milton Rogovin (White Pine Press, 2004, www.whitepine.org) from which this poem is reprinted. Copyright © 2004 by Nancy Morejón; Translation copyright © 2004 by David Frye. Used by permission. | more…

2009, Volume 60, Issue 08 (January)
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