Notes from the Editors
In the face of continuing right-wing attacks on Social Security since the Reagan era in the 1980s, MR has responded repeatedly by pointing to the phony nature of the Social Security crisis. Two articles of note are Jacob Morris, “Social Security: The Phony Crisis” in the February 1983 issue of MR and “Social Security, the Stock Market, and the Elections” in the October 2000 issue. Those wanting a thorough historical understanding of this struggle are encouraged to look back at these articles. Given the nature of the right-wing onslaught, which all along has pretended that the Social Security trust fund was threatened with “bankruptcy,” MR’s chief thrust has been to dispel such misconceptions. Our primary purpose has been to counter what has been one of the major propaganda campaigns of our time. If Social Security is in peril of “collapse” it is only because of current plans to privatize it. However, there is a great danger in this controversy of getting drawn into endless debates on the financing of the Social Security system in the United States, while losing sight of the more fundamental issues | more…
The battle over the future of Social Security, the site of continual skirmishes since the Reagan era, is now being waged in earnest (for a history of this struggle see The Editors, “Social Security, the Stock Market, and the Elections,” Monthly Review, October 2000; see also, “Social Seceurity: The Phony Crisis” by Jacob Morris). President Bush began his second term by declaring that partial privatization of Social Security through the creation of personal investment accounts was at the top of the domestic agenda of his administration. This would require an estimated $2 trillion in additional borrowing over the next ten years, and even more after that (New York Times, January 3, 2005), to be coupled with drastic cuts in future Social Security benefits. The White House is counting on the Republican majority in both houses of Congress, the backing of Wall Street, and years of unrelenting ideological warfare against Social Security as the bases on which to effect this change | more…
An essential aspect of any modern democratic society is a communications system that enables rather than disables public debate. Yet the mass media in the advanced capitalist societies are highly concentrated, controlled by a few owners (on the extent of this control in the United States and its implications see Robert W. McChesney, The Problem of the Media [Monthly Review Press, 2004]). Further, the United States has witnessed the emergence of what is undoubtedly the most sophisticated propaganda system ever developed, making it possible for control of the media to translate into the power to sway large parts of the society. An understanding of this problem is crucial if one is to grasp the changes occurring in U.S. society today: from war to privatization to the suppression of human rights | more…
New Political Science, a journal associated with the Caucus for a New Political Science, has devoted its entire September 2004 number to “The Politics of Empire, Terror and Hegemony.” The quality of the contributions to this special issue, some of them by MR and MR Press authors, including David Gibbs, Sheila Collins, Edward Greer, and William Robinson, is remarkable. In particular, Greer’s essay on the use of torture by the United States in the “Global War on Terror” uncovers facts that no one can afford to ignore. The deep impression that this essay and the reporting on U.S. acts of torture by Mike Tanner, writing for the New York Review of Books (October 7, 2004), have had on our own thinking is evident in this month’s Review of the Month | more…
For more than a decade now the major corporate media and the U.S. government have been celebrating the growing “democratization” of Latin America. Rather than reflecting a genuine concern with democracy, however, this was meant to symbolize the defeat of various revolutionary movements, particularly in Central America in the 1980s and early ’90s. To the extent that formal, limited democracy actually made gains in the region this was viewed by the ruling powers in the United States as a means of institutionalizing and legitimizing structures of extreme inequality in line with the ends of the American empire | more…
The nations of the Caribbean have the world’s second highest HIV infection rates, after sub-Saharan Africa. One Caribbean nation, Cuba, however, has largely escaped the disease with only a 0.07 percent infection rate, one of the lowest infection rates in the world. On July 15 Cuba announced at a meeting with its counterparts from the 15-nation Caribbean Community (Caricom) that it was launching an initiative to help the other Caribbean nations fight HIV/AIDS by providing them with antiretroviral drugs at below market prices, as well as doctors and instruction in public health methods for combating the AIDS pandemic. Cuba’s offer to help is viewed as nothing less than “spectacular” by the other Caribbean nations | more…
We regret to announce the death of William Hinton, one of the greatest fighters for Chinese socialism (and socialism in general) in the 20th century, and a beloved member of the MR family. This fall we will publish one of his last public lectures on the role of Mao Zedong. What follows is a tribute written by Monthly Review Foundation board director, John Mage, posted earlier on the MR Web site
In 2000 I agreed to become coeditor of Monthly Review along with my dear friend John Bellamy Foster. I had been reading MR since 1972 when I was a teenager and had been educated, enlightened, and inspired by it, and the work of editors Paul Sweezy and Harry Magdoff. I had introduced John to the magazine soon after I discovered it. By the 1990s I had become a regular contributor to MR. When John and Harry asked me to join them as a coeditor I initially balked. I already had a very full schedule and there was no sign it would abate. Plus, I was a media historian and critic; not an economist. But John, in particular, insisted that my involvement was necessary to bring MR through a difficult transition editorially and financially. He promised me that he would do most of the work. I agreed with an understanding that I would have to revisit the situation in due time | more…
Although private corporations under capitalism have always been heavily involved in promoting war, the direct role played by the private sector in the prosecution of war has traditionally been quite limited, falling well short of the supply of combat troops. There are signs that this may now be changing. The decade and a half since the end of the Cold War has seen the rapid proliferation of private military firms, hundreds of which are now engaged in combat and combat-support operations in Iraq and throughout the globe. Some of these firms are subsidiaries of much larger multinational corporations. The private soldiers employed in this industry are mercenaries, but not of the traditional kind. They are employees of corporations that have boards of directors, are publicly traded, participate in the open market, carry out mergers, hire and fire in accordance with market criteria—and above all are not directly responsible to any public authority. In other words, these corporations and their employees are fully integrated with capitalist enterprise as a whole. This phenomenon has recently been dubbed “the corporatization of the military” by Peter Singer, a Brookings Institution analyst and author of Corporate Warriors (2003) | more…
This is the fourth in a continuing series of special issues on the economy to which we have devoted the magazine each April since 2001. In the first of these, written shortly before the 2001 recession began, we took on the then prevalent myth of the “New Economy,” arguing that it was more myth than reality, and dispelling the notion that high tech and rising productivity gains had somehow tamed the business cycle. In April 2002 we dedicated the Review of the Month to examining the core economic contradictions of the system in terms of “Slow Growth, Excess Capital, and a Mountain of Debt.” Last April we asked the question, “What Recovery?” and focused on the fact that the recovery had failed to spread to employment, and on the whole problem of labor underutilization—inquiring into how the economy managed to keep going at all under these circumstances. | more…
We were enormously pleased to publish in the November 2002 issue of MR Richard Lewontin and Richard Levins’s “Stephen Jay Gould: What Does it Mean to Be a Radical?” commemorating the life of their great Harvard colleague who had died earlier that year. Gould, as Lewontin and Levins explained, was, in addition to being one of the foremost evolutionary biologists and paleontologists of his time, “by far, the most widely known and influential expositor of science who has ever written for a lay public.” Their article has recently been reprinted as the concluding essay in Oliver Sacks, ed., The Best American Science Writing, 2003. This important series, with Jesse Cohen as the series editor, is published each year by HarperCollins, each time under the editorship of a different guest editor—in this instance Sacks, author of The Man Who Mistook his Wife for a Hat and many other works. In preparing this year’s volume Sacks chose to dedicate the book to Stephen Jay Gould, who he sees as the exemplary figure in modern science writing | more…
This year marks the 10th anniversary of the death of Ralph Miliband, who was one of the leading Marxist political theorists of the second half of the 20th century. His works, Parliamentary Socialism (1961), The State in Capitalist Society (1969), and Marxism and Politics (1977) are classics of socialist political analysis. This year is also the 40th anniversary of The Socialist Register, an annual journal that Miliband cofounded and coedited for 30 years | more…
Historical materialists are not prophets; they do not predict the future course of history. They are concerned rather with the present as history. This fundamental principle of Marxist thought is called to mind by our reencounter recently with a common misinterpretation of Lenin’s Imperialism. In his new book, The New Imperialism, David Harvey writes (p. 127): “I therefore think Arendt is…correct to interpret the imperialism that emerged at the end of the nineteenth century as the ‘first stage in political rule of the bourgeoisie rather than the last stage of capitalism’ as Lenin depicted it.” (See also Harvey’s piece “The ‘New’ Imperialism” in the Socialist Register, 2004, p. 69.) | more…