July 1, 2026
Considering the "Structural Crisis of Capital" from the perspective of economics, Prabhat Patnaik sheds light on two major aspects that have risen to prominence in our current conjuncture. The first, rampant stagnation and unemployment, is clear and undeniable. The second, particular to the capitalism of the late twentieth century and the shedding of colonies on which imperial nations depended for wealth is particularly salient to Trump's economic strategy of economic recolonization not only through soft power, but direct military action.
July 1, 2026
Over the last half-century, the "financial explosion"—manifest in the unrestrained expansion of financialization and its tools and institutions—has fundamentally reshaped the global economy, impacting countries throughout the Global North and South. China, however, has proven to be a distinctive case. Xiaolu Kuang, Zhi Li, and Fusheng Xie probe the question of how and why China has managed to maintain its emphasis on production above finance, and the development all above the accumulation of capital.
July 1, 2026
Since the wane of mercantilism in Europe, conceptions of wealth, trade, and productivity have also changed: from one of a zero-sum game reliant only on the productivity of land, to one of the potential for positive-sum wealth created by industry, and, now, to the zero-sum neomercantilism necessitated in a world of resource depletion, where the earth is pushed to its biophysical limits. But the response to this crisis does not have to be further fortification—it could also be a world that organizes itself within the metabolic limitations of nature.
June 1, 2026
"In the contemporary era of stagnant monopoly-finance capital," Jianlu Bi and Ting Zhou begin, "the maintenance of global hegemony…necessitates the systemic colonization of digital consciousness. In examining the presentation of Sino-Japanese political tension across three media outlets, the authors describe digitally manufactured hatreds that "serve a vital imperialist function: the prevention of horizontal class solidarity" that may threaten U.S. hegemonic power in East Asia.
April 1, 2026
What is really happening in Xinjiang? Vijay Prashad and Tings Chak write: "There is no evidence of a policy of physical annihilation of the Uyghur peoples by the Chinese government, unlike say, direct evidence of extermination by the Israeli government against the occupied Palestinian people. There are no mass graves and no accusations of systematic killing—the hallmarks of a genocide."
April 1, 2026
This article examines the resurgence of interest in Mao Zedong among China's youth, particularly at elite universities. This "Mao fever" reflects a complex mindset: indignation toward social inequality, uncertainty within a brutal job market, and a firm anti-imperialist and patriotic stance amidst the "New Cold War." In Mao’s legacy, a new generation is finding the guidance to navigate the sharpening contradictions of the present day.
April 1, 2026
Michael Viola explores the building of the Filipino identity in the context of U.S. imperialism. The broad-reaching effects of this "deadliest phase of imperialism," combined with pervasive anti-Asian racism in the United States, fuels the idea of a collective political project that "comes with the praxis, the power, and the price of a unique lineage" extending across an ocean and intimately connected to the dark history of U.S. militarism abroad.
March 1, 2026
"To make sense of present developments,"
MR editors write in this month's "Notes from the Editors," "it is essential to understand the dialectic of continuity and change in U.S. imperial grand strategy." By charting the evolution from post-Second World War dominance to the collapse of the Soviet Union and the eventual demise of the "Unipolar Moment," the Editors tie the reactionary impulses of MAGA to the raw shows of imperial force driven by Trump's policies.
March 1, 2026
Craig Medlen dissects the logic behind the Trump administration's efforts to impose tariffs as a way to counteract "unfair" U.S. trade deficits. Situating these deficits in the longer history of U.S. trade hegemony and its crumbling position in the global economy, Medlen uses incontrovertible data to illustrate how mainstream economic orthodoxy fails to acknowledge the effects of foreign inputs that integral to the workings of U.S. monopoly capital.
February 1, 2026
Speaking before at the Opening Ceremony of the Fourth World Conference on Marxism in Beijing, John Bellamy Foster discusses the development of eco-Marxism and its relation to Marxist theory. Here, Foster argues, "eco-Marxism as we know it today is not simply another branch of Marxism," but is a pathway to the projects of complete socialism and ecological civilization.
