May 1, 2012
Ratner and Smith have done it again! Who Killed Che? How the CIA Got Away With Murder is their second bombshell book dealing with Che Guevara and the U.S. government's frequent use of illegal and criminal political assassinations and routine whopper lies in its foreign policy, all in the name of "defending freedom"…. In their new Che book these two prominent civil liberties lawyers present forty-four previously classified documents released under the Freedom of Information Act to show—quite meticulously and colorfully, as if in a courtroom drama—how the CIA, in concert with the White House, masterminded the murder of Che and then tried to cover it up.… For some readers this may seem like an old story, since the U.S. government now openly proclaims the legitimacy of assassinating foreign leaders and even U.S. citizens during its hypocritical "war on terrorism."… But as Che himself once said in words that Libya's murdered leader Muammar Qaddafi might have done well to heed, "You cannot trust imperialism, not even a little bit, not in anything." And there, indeed, is the rub.
April 1, 2012
If truth is the first casualty of war, military intervention in the name of humanitarian ideals should likewise be the subject of skepticism. Such an approach is called for as the discourse of the Responsibility to Protect civilian populations is becoming a doctrinal principle in the West's foreign policy toolbox. The notion that these big powers have the right to intervene in other (weak) countries' internal affairs threatens to transform the foundation, if not the praxis, of international law.… Simultaneously, the ideology of "humanitarian interventionism," which stands almost uncontested, can be interpreted as legitimizing a hidden political agenda. It has the potential of blurring existing ideological and political differences between neoconservatives, liberal internationalists in the United States and Europe, and a large section of left-wing forces around the world. All these currents have found common grounds in vindicating NATO's military violations of the principle of national sovereignty.
March 1, 2012
The world's attention has been on the political transformations in the Middle East, the wave of protests from Tel Aviv to Madrid to Wall Street, and the ongoing Greek crisis. But in the shadow of this unrest, the post-socialist Balkans have been boiling. Protests displaying for the most part social demands broke out throughout 2011 in Romania, Albania, Serbia, Macedonia and, most notably, Croatia. Post-socialist citizens today feel largely excluded from the decision-making process. Most elections have turned out to be little more than a reshuffling of the same political oligarchy with no serious differences in political programs or rhetoric. During the privatization campaigns many lost their jobs, or had labor conditions worsen and pensions evaporate, and most of the guaranteed social benefits (such as free education and health care) have progressively disappeared as well. Neoliberal reforms were portrayed as a necessary part of the EU integration process.
February 1, 2012
This issue of Monthly Review focuses particularly on China. Aside from the Review of the Month by John Bellamy Foster and Robert W. McChesney, which addresses the Chinese economy and its relation to the current phase of the capitalist world economy, we are publishing two separate contributions by Chinese scholars, one by Wen Tiejun, et. al., on the new rural reconstruction movement in China, and one by Zhihe Wang on the development of ecological Marxism in China. Our own thesis is that the era of rapid growth in China is leading to a period of deepening contradiction. The present accelerated growth is based on the intensive exploitation of migrant labor and the capitalization of newly urban land. For various reasons this model is reaching its outer limits, economically, socially, and ecologically. This suggests that China is on the wrong road, and must change directions.
February 1, 2012
Five years after the Great Financial Crisis of 2007–09 began there is still no sign of a full recovery of the world economy. Consequently, concern has increasingly shifted from financial crisis and recession to slow growth or stagnation, causing some to dub the current era the Great Stagnation. Stagnation and financial crisis are now seen as feeding into one another.… To be sure, a few emerging economies have seemingly bucked the general trend, continuing to grow rapidly—most notably China, now the world's second largest economy after the United States. Yet, as [IMF Managing Director Christine] Lagarde warned her Chinese listeners, "Asia is not immune" to the general economic slowdown, "emerging Asia is also vulnerable to developments in the financial sector." So sharp were the IMF's warnings, dovetailing with widespread fears of a sharp Chinese economic slowdown, that Lagarde in late November was forced to reassure world business, declaring that stagnation was probably not imminent in China (the Bloomberg.com headline ran: "IMF Sees Chinese Economy Avoiding Stagnation.")
February 1, 2012
The governments of almost all developing countries are facing the long-term twin problems of capital shortages and high fiscal debts, resulting from their attempts to modernize the state forms and economic and financial relations left by colonialism or copied from western political culture. Whether they claimed to be of the left or the right ideologically, they almost invariably undertook policies to attract foreign investment and encourage domestic private investors to join the global industrialization competition during the twentieth century…. Continental China, the biggest developing country, with the largest population (but also with significant natural resource constraints) has close to 20 percent of the world's population, but only 9 percent of its arable land and a mere 6 percent of its fresh water. Over the centuries, China had its share of drought- or flood-induced famines. But if not for a 6,000-year history of irrigated agriculture, with its related "village rationality" based on traditional indigenous knowledge—which internalizes risks by its multifunctional rural cultures of sustainable self-reliance—China would have been a land of perpetual hunger.
February 1, 2012
Chinese interest in ecological Marxism has grown increasingly in the past twenty years. Amazingly, it has even become, to some extent, an important part of contemporary Marxism in China. But why has it been so well received? This paper will offer some reasons for this and also point out the challenges now facing ecological Marxism in China.
January 1, 2012
In a little more than two months at this writing (December 3, 2011) the Occupy Wall Street movement has ushered in a new dialectic of world revolt. Occupy movements now exist in more than 2,600 cities across the globe. The response of the system has been increased repression. Yet, everywhere the movement has come up with new means of revolt. Had we tried in early October to predict how things would be at the start of November we would never have succeeded. Likewise we cannot predict now at the start of December how things will look even at the start of January. And it is precisely this quality of emergence, i.e. of not being predictable from the current state of affairs, which suggests that we are at a turning point. This global rip in the cloth of imperial capital's supposed inevitability is irreversible; that we are fully ready to predict. Looking back it will be clear that as of late 2011, we are much closer to the start of a great global revolt against the plutocracy, the "one percent," than to its end.
January 1, 2012
One of the enduring myths about capitalism that continues to be perpetuated in mainstream economic textbooks and other pedagogic strategies is that labor supply is somehow exogenous to the economic system. The supply of labor is typically assumed, especially in standard growth theories, to be determined by the rate of population growth, which in turn is also seen as "outside" the economic system rather than in interplay with it. The reality is, of course, very different: the supply of labor has been very much a result of economic processes, not something extraneous to it. Throughout its history, capitalism has proved adept at causing patterns of labor supply to change in accordance with demand…. But nowhere has this particular capacity of capitalism to generate its own labor been more evident than in the case of female labor.
January 1, 2012
When Cuba faced the shock of lost trade relations with the Soviet Bloc in the early 1990s, food production initially collapsed due to the loss of imported fertilizers, pesticides, tractors, parts, and petroleum. The situation was so bad that Cuba posted the worst growth in per capita food production in all of Latin America and the Caribbean. But the island rapidly re-oriented its agriculture to depend less on imported synthetic chemical inputs, and became a world-class case of ecological agriculture. This was such a successful turnaround that Cuba rebounded to show the best food production performance in Latin America and the Caribbean over the following period, a remarkable annual growth rate of 4.2 percent per capita from 1996 through 2005, a period in which the regional average was 0 percent.
