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Notes from the Editors

Monthly Review Volume 69, Number 1 (May 2017)

May 2017 (Volume 69, Number 1)

The fact that alt-right figures are playing key roles in the Trump administration, while circumventing the Senate confirmation process, is an ominous indication of the wider effort by the administration to construct a new political order, further concentrating power in the White House and bringing the rest of the state into line.… | more…

Monthly Review Volume 68, Number 10 (March 2017)

March 2017 (Volume 68, Number 10)

U.S. economic, military, and financial dominance have been ebbing for decades, leaving the United States in the position of a wounded mastodon within the world at large, a threat to all around it. Washington has repeatedly tried with very limited success to reverse this slide in its hegemonic role by means of geopolitical expansion, aimed at increasing its “strategic assets” across the globe. The result has been a constantly expanding theatre of global conflict.… | more…

Monthly Review Volume 68, Number 9 (February 2017)

February 2017 (Volume 68, Number 9)

Notes from the Editors

For those attuned to the most fashionable trends in mainstream discourse on climate change, it is clear that “resilience” is now in, and “sustainability” is out.… The concept of resilience, while adopted by some progressive thinkers and organizations, is nonetheless being rapidly incorporated into a survival-of-the-most-resilient philosophy in which poor nations, and indeed exploited and dispossessed people everywhere, are told they must simply become more “resilient” in order to survive—but in a world in which such dynamic adaptability is available mainly to the rich, who enjoy monopolies of capital, resources, and technology.… | more…

Monthly Review Volume 68, Number 8 (January 2017)

January 2017 (Volume 68, Number 8)

Notes from the Editors

Shortly after the election of Donald Trump, the alt-right organization Turning Point USA introduced its notorious Professor Watchlist…, listing some 200 radical academics in the universities as dangerous professors. Stories regarding this list were soon being carried in major papers throughout the country. In contrast to David Horowitz’s list of “the 101 most dangerous academics in America” a decade ago, the current Professor Watchlist has behind it the new sense of power on the extreme right provided by Trump’s electoral victory.… There can be no doubt that this is part of an attempted new McCarthyism. In terms of its overall orientation, the alt-right strategy here resembles the Gleichschaltung (“bringing into line”) in 1933–35 in Hitler’s Germany, where intimidation was directed at all the major cultural institutions, including universities, with the object of getting them to align with the new dominant views.… | more…

Monthly Review Volume 68, Number 7 (December 2016)

December 2016 (Volume 68, Number 7)

In October 2016, the Sveriges Riksbank (Swedish Central Bank) Prize in Economic Sciences in Memory of Alfred Nobel—commonly but incorrectly called the Nobel Prize in Economics—was awarded to two European-born, U.S.-based economists, Oliver Hart and Bengt Holmström, for their work on contracts related to executive pay. Hart and Holmström were lauded for having theorized what was thought to be the optimal mix of risk and incentives in pay packages for corporate executives, thereby determining the appropriate combination of basic salary, bonuses, and share options. In other words, they received the Riksbank Nobel Memorial Prize for their efforts to rationalize the exorbitant paychecks of CEOs and other corporate leaders—a direct service to big business.… | more…

Monthly Review Volume 68, Number 6 (November 2016)

November 2016 (Volume 68, Number 6)

Notes from the Editors

U.S. presidential elections, if nothing else, throw considerable light on the ideology and imperatives of the system. This is particularly the case with respect to imperialism, where one sees signs of a declining and increasingly desperate U.S. empire. Hillary Clinton has been calling for a no-fly zone in Syria (which would include Russian planes!), thereby threatening a confrontation with Russia on a level not seen since the Cuban Missile Crisis.… Trump, for his part, while appearing to suggest a kind of détente with Russia, is ready to intervene directly and massively in Iraq against the Islamic State (ISIS, ISIL, Daesh), including the use of ground troops. He supports the extension of torture and the slaughter of whole families of suspected terrorists. He claims that he would raise Israel from being a second-level power…. In short, the presidential nominees for the two major political parties are each posturing over who is the most aggressive and bellicose upholder of U.S. militarism and imperialism—and in ways that threaten further escalation of war in the Middle East and in opposition to Russia.… | more…

Monthly Review Volume 68, Number 5 (October 2016)

October 2016 (Volume 68, Number 5)

On August 29, in a historic moment in the history of the planet, the 35-member Anthropocene Working Group (AWG) reported to the International Geological Congress that the Anthropocene epoch in geological history is “stratigraphically real” and should be dated as arising around 1950, displacing the Holocene epoch of the last 12,000 years. The AWG has yet to arrive at a formal decision that would adopt a definite global “signal” (though ten of the thirty-five members currently support using fallout radionuclides from atomic weapons testing as the signal), which would be followed by the designation of a “golden spike” or actual location in the rock, sediment, or ice strata. Yet the general parameters of the onset of the new epoch are clear.… As Colin Waters, secretary of the AWG, explained: “Being able to pinpoint an interval of time is saying something about how we have had an incredible impact on the environment of our planet. The concept of the Anthropocene manages to pull all these ideas of environmental change together.” Most importantly, it tells us that the world economy has generated an anthropogenic rift in the Earth system threatening millions of species, including our own, requiring fundamental changes in the way in which society relates to the earth through production.… | more…

Monthly Review Volume 68, Number 4 (September 2016)

September 2016 (Volume 68, Number 4)

On July 14, 2016, Cornel West, a Monthly Review contributor and Monthly Review Press author (his 1991 book The Ethical Dimensions of Marxist Thought remains in print) issued a historic statement in the Guardian, under the headline “Obama Has Failed Victims of Racism and Police Brutality.” West wrote:

A long and deep legacy of white supremacy has always arrested the development of US democracy. We either hit it head on, or it comes back to haunt us…. I have deep empathy for brothers and sisters who are shot in the police force. I also have profound empathy for people of color who are shot by the police. I have always believed deliberate killing to be a crime against humanity. Yet, Obama didn’t go to Baton Rouge. He didn’t go to Minneapolis. He flew over their heads to go to Dallas. You can’t do that. His fundamental concern was to speak to the police, that was his priority. When he references the Black Lives Matter movement, it’s to speak to the police. But the people who are struggling have a different perspective….
Monthly Review Volume 68, Number 3 (July-August 2016)

July 2016 (Volume 68, Number 3)

Notes from the Editors

Commenting in the January 1973 issue of Monthly Review on the declining condition of the U.S. economy, Paul Sweezy brought back the question of “secular stagnation,” first advanced by Keynes’s leading follower Alvin Hansen in the late 1930s. “The U.S. economy,” Sweezy wrote, in an article entitled “Notes on the U.S. Situation at the End of 1972,” “is experiencing at one and the same time a cyclical boom and secular stagnation.” The resurfacing of stagnation, he suggested, was the product in part of the U.S. attempt to unwind from the Vietnam War, which had previously been lifting the economy.… A couple of months after the publication of Sweezy’s article, in March 1973, the New York Times, seeking to quiet the widening anti-capitalist protests, ran a series of articles on its op-ed page under the general heading of “Capitalism, for Better or Worse.” The series concentrated on the two phenomena of the weakening of economic prosperity and the decline of military spending resulting from the drawing down of the Vietnam War. One of these articles, misleadingly entitled “Taking Stock of War,” appearing on March 14, was written by Paul Samuelson, then considered to be the leading neoclassical economist in the United States. … | more…

Monthly Review Volume 68, Number 2 (June 2016)

June 2016 (Volume 68, Number 2)

On April 8, 2016, in what has already become a historic case on the climate, Magistrate Judge Thomas Coffin of the United States District Court of Oregon ruled against a motion to dismiss, in favor of the youthful plaintiffs in the Children’s Trust lawsuit (Kelley Cascade Rose Juliana, et al. v. United States of America, et al.) and against the defendants, consisting of the federal government and the fossil-fuel industry.… The defendants’ argument to dismiss was directed principally at what they contended were limits on the federal government’s public trust responsibility. It thus turned on whether the United States was obligated simply to follow capitalist precepts with respect to the natural-physical environment, or whether the government had a public trust to maintain the environment for the population and for future generations, going beyond the rules of the market.… | more…