January 1, 2011
In November, Fred Magdoff traveled to Shanghai with his wife, Amy Demarest, to attend the Marxism and Ecological Civilization conference at Fudan University (see the Review of the Month in this issue). Here are some reflections from Fred about the conference, Shanghai, and China, past and present
January 1, 2011
How is it possible that a person living in a water-rich region uses more water by flushing the toilet than a person in a water-scarce region has available for drinking, food-preparation, hygiene, and cleaning—for a whole day? How is it possible that a woman living in a water-rich region only needs to open the tap to get enough water for herself and her family, while a woman in a water-scarce region has to…walk for miles and miles to get far less water of much worse quality? Why is that so? Is it bad fortune? Unfair? Destiny? Undeserved? Is it unjust? It is all these, but also much more. Water is the essence of life. It is the precondition of life.… This article has two parts. The first deals with dominant positions concerning water: the neoliberal agenda, consequences of water privatization, and the UN stance. The second part looks at what is missing in this picture and ignored by the dominant perspectives—namely, global inequalities and gender discrimination.
December 1, 2010
Existing international economic institutions and relations operate in ways detrimental to third world development. That is why eight Latin American and Caribbean countries—led by Venezuela, Cuba, and Bolivia—are working to build the Bolivarian Alliance for the Americas (ALBA), a regional initiative designed to promote new, nonmarket-shaped structures and patterns of economic cooperation.… In response to worsening international economic conditions, ALBA has recently stepped up efforts to promote a full-blown regional development process.… Although the precise terms of the agreement are still to be negotiated, official statements point to the creation of an integrated trade and monetary zone, with a new regionally created currency, the sucre.
December 1, 2010
The government and the bosses go hand-in-hand; more often than not, the bosses are the government.…today's Pakistani elite are incestuously interconnected via family relations and marriages with a large patronage network of squabbling, but self-serving, interest groups. Their rationale is to keep the country and its resources for themselves: they negotiate among themselves and take the spoils from any sales to the international elite.… Against these latter-day pharaohs stand the conscious and spirited workers.… Mian Qayyum, Bawa Lalif Ansari, and Muhammad Rana [are contemporary narrators of their struggle].
October 1, 2010
There are three dimensions to the current, unprecedented global crisis of capitalism: economic, ecological, and political.
Let us look first at the economic dimension, which will be our main concern in this article. Capitalism is facing a major realization crisis—an inability to sell the output produced, i.e., to realize, in the form of profits, the surplus value extracted from workers' labor. Neoliberalism can be viewed as an attempt initially to solve the stagflation crisis of the 1970s by abandoning the "Keynesian consensus" of the "golden age" of capitalism (relatively high social welfare spending, strong unions, and labor-management cooperation), via an attack on labor. It succeeded, in that profit rates eventually recovered in the major capitalist economies by the 1990s
October 1, 2010
The books reviewed here are Qiu Xiaolong, Death of a Red Heroine (2000), 464 pages, $14.00; A Loyal Character Dancer (2002), 360 pages, $14.00; When Red Is Black (2004), 320 pages, $13.00, all published in New York by Soho Crime; and A Case of Two Cities (2006), 320 pages, $13.95; Red Mandarin Dress (2007), 320 pages, $13.95; The Mao Case (2009), 304 pages, $13.99, all published in New York by Minotaur Books.
Qiu Xiaolong—the prolific Chinese novelist born 1953 in Shanghai and a resident of the United States since 1988—has made a fetish of the word and the color red, not surprisingly, since he writes about Red China. Three of his innovative novels include red in the title: Death of a Red Heroine (2000), When Red Is Black (2004), and Red Mandarin Dress (2007). In all three of these books, the main character is a sensitive, poetry loving, yet tough-minded police inspector who works for the Shanghai Police Bureau; he's on the city payroll and doesn't work as a free-lance private eye for hire
September 1, 2010
During the period stretching from the 1970s through the 1990s, Monthly Review, under the editorship of Harry Magdoff and Paul Sweezy, stood apart in its analysis of the tendency to economic stagnation in advanced capitalism and its view that the economic slowdown beginning in the 1970s was a manifestation of this secular tendency. The financial explosion that also emerged in these years was seen as an attempt by the system to stave off stagnation by means of credit-debt expansion, but at the cost of increasing financial fragility
July 1, 2010
In the eyes of much of the world, the year 1989 has come to stand for the fall of the Berlin Wall, the demise of Soviet-type societies, and the defeat of twentieth-century socialism. However, 1989 for many others, particularly in Spanish-speaking countries, is also associated with the beginning of the Latin American revolt against neoliberal shock therapy and the emergence in the years that followed of a "socialism for the 21st century." This revolutionary turning point in Latin American (and world) history is known as the Caracazo or Sacudón (heavy riot), which erupted in Caracas, Venezuela on February 27, 1989, and quickly became "by far the most massive and severely repressed riot in the history of Latin America."
July 1, 2010
Twenty years ago, left forces in Latin America and in the world in general were going through a difficult period. The Berlin Wall had fallen; the Soviet Union hurtled into an abyss and disappeared completely by the end of 1991. Deprived of the rearguard it needed, the Sandinista Revolution was defeated at the polls in February 1990, and Central American guerrilla movements were forced to demobilize. The only country that kept the banners of revolution flying was Cuba, although all the omens said that its days were numbered. Given that situation, it was difficult to imagine that twenty years later, left-wing leaders would govern most of the Latin American countries.
July 1, 2010
Latin America was the first region in the world where neoliberal policies were introduced. Chile, my country, was used as a testing ground before Prime Minister Margaret Thatcher's government implemented them in the United Kingdom. But Latin America was also the first region in the world where these policies came to be rejected as policies that only served to increase poverty, aggravate social inequalities, destroy the environment, and weaken working-class and popular movements in general.…It was in our subcontinent that left and progressive forces first began to rally after the collapse of socialism in Eastern Europe and the Soviet Union. After more than two decades of suffering, new hope was born. At first, this took the shape of struggles to resist neoliberal policies, but after a few years, people went on the offensive, conquering arenas of power.