The Epochal Crisis
October 1, 2013
Parts of the argument on epochal crisis here were presented in three overlapping keynote addresses in: (1) Esslingen, Germany on May 30, 2013 at a conference on Marxist thought organized… READ MORE
Article Subjects and Geography: Economic Theory
Notes from the Editors, September 2013
September 1, 2013
When confronted in the 1980s with the failure of the younger generation of economists (both mainstream and radical) to take seriously the issue of the return of economic stagnation, Harry… READ MORE
The Existing Alternatives in Communications
July 1, 2013
I. Communications Systemsi � It matters greatly where you start, in thinking about communications. You may start, for instance, in a mood of excitement and even congratulation that at the… READ MORE
Introduction to the Second Edition of The Theory of Monopoly Capitalism
July 1, 2013
The present-day world can only be described to present-day people if it is described as capable of transformation. —Bertolt Brecht1 The Theory of Monopoly Capitalism: An Elaboration of Marxian Political… READ MORE
Marx, Kalecki, and Socialist Strategy
April 1, 2013
A historical perspective on the economic stagnation afflicting the United States and the other advanced capitalist economies requires that we go back to the severe downturn of 1974–1975, which marked… READ MORE
Crisis Theory, the Law of the Tendency of the Profit Rate to Fall, and Marx’s Studies in the 1870s
April 1, 2013
Michael Heinrich teaches economics in Berlin and is the author of An Introduction to the Three Volumes of Karl Marx’s Capital (Monthly Review Press, 2012) and The Science of Value:… READ MORE
Class War and Labor’s Declining Share
March 1, 2013
Fred Magdoff is professor emeritus of plant and soil science at the University of Vermont. John Bellamy Foster is editor of Monthly Review and professor of sociology at University of… READ MORE
Notes from the Editors, February 2013
February 1, 2013
For a long time now orthodox economics has been hindered by its extreme irrealism—a refusal even to attempt a realistic theoretical understanding of how modern capitalism functions. The shift to… READ MORE
The First Weapon of Mass Destruction
February 1, 2013
Marc Flandreau is a French economic and financial historian. He teaches at the Graduate Institute of International and Development Studies, Geneva and currently researches the early history of U.S. rating… READ MORE
‘Libor’ing Under the Market Illusion
January 1, 2013
Ramaa Vasudevan is an assistant professor of economics at Colorado State University. She is a member of the Union for Radical Political Economics and an associate of the Dollars and… READ MORE