
The Theory of Monopoly Capitalism reviewed in The Progressive Populist
Don’t let the title scare you. John Bellamy Foster’s The Theory of Monopoly Capitalism: An Elaboration of Marxian Political Economy (Monthly Review Press) is a good read and resource for making sense of the world around us. Foster edits the independent socialist magazine Monthly Review, launched in 1949 with an Albert Einstein essay, and he is a professor of sociology at the University of Oregon. For the past three decades, Foster has been breaking new ground in writing on the ecology, economy and polity in the pages of MR and MR Press. | more…