October 1, 2008
The United States in the opening decade of the twenty-first century is dominated by a new imperial project that is affecting all aspects of its society. The most obvious manifestation of this (see this month's Review of the Month) is the expansion of the military-industrial complex. However, another, in some ways even more insidious, manifestation, as Rich Gibson and E. Wayne Ross pointed out in a February 2, 2007, Counterpunch article entitled, "No Child Left Behind and the Imperial Project", is the current assault on the nation's public schools through the No Child Left Behind law enacted by the Bush administration with broad bipartisan support. As Gibson and Ross explained, "Any nation promising perpetual war on the world is likely to make peculiar demands on its schools...and its teachers and youth....NCLB [No Child Left Behind] is the result of three decades of elites' struggles to recapture control over education in the U.S., lost during the Vietnam era when campuses and high-schools broke into open-rebellion and, as a collateral result, critical pedagogy, whole language reading programs, inter-active, investigatory teaching gained a foothold."
October 1, 2008
"We are sinking in the Devil's excrement," wrote a close observer of Venezuela's adventures in oil. Was Venezuela's deep culture of corruption, crime, and clientalism imaginable in the absence of the oil rents which became the supreme object of desire? Was the truncation of industry and agriculture and the vast chasm between a privileged oligarchy and an impoverished mass inevitable-given the effects of oil wealth upon a poor, developing country?
September 1, 2008
Just over a year since the beginning of the worst U.S. financial crisis since the Great Depression, and only six months after the federal bailout of Bear Stearns, the seizing up of credit markets continues. The failure of eight U.S. banks this year, including IndyMac, and the recent instability that struck the two government-sponsored mortgage giants, Fannie Mae and Freddie Mac, requiring a special government rescue operation, has had the entire financial world on edge. Mortgage-related losses by themselves "could cause a trillion dollars in credit to vaporize," according to a special July 28, 2008,Business Week report. The downside effects of financial leveraging (the magnification of results associated with borrowed money) mean that each dollar lost by financial institutions could lead to reductions in lending of fifteen dollars or more, creating a shockwave so massive that it could reveal structural weaknesses throughout the economy. Already the economy is reeling, with faltering growth, a deep slump in housing, massive job losses, rapidly rising oil and consumer goods prices, and a falling dollar
September 1, 2008
Beginning in March 2008 and extending through the last Democratic primaries of early June, the United States witnessed the most brazen demonization in its history of a person based on his race, his creed, and his ties to a presidential candidate. One major purpose behind these attacks was to use the demonized figure to discredit the politician. But participation in the attacks also fed the voracious, twenty-four-hour-aday media appetite, and quickly took on a life of its own. When we look back at the ugly spectacle then taking place, the evidence suggests that, despite much optimism about narrowing racial divides and an emerging "post-racial" consciousness, something much closer to the opposite had gripped America.
September 1, 2008
Jean Bricmont's concept "humanitarian imperialism" succinctly captures a dilemma that has faced Western leaders and the Western intellectual community since the collapse of the Soviet Union. From the origins of the Cold War, there was a reflexive justification for every resort to force and terror, subversion and economic strangulation: the acts were undertaken in defense against what John F. Kennedy called "the monolithic and ruthless conspiracy" based in the Kremlin (or sometimes in Beijing), a force of unmitigated evil dedicated to extending its brutal sway over the entire world. The formula covered just about every imaginable case of intervention, no matter what the facts might be. But with the Soviet Union gone, either the policies would have to change, or new justifications would have to be devised. It became clear very quickly which course would be followed, casting new light on what had come before, and on the institutional basis of policy
July 1, 2008
This number of Monthly Review is a special issue on "Ecology: The Moment of Truth," edited by Brett Clark, John Bellamy Foster, and Richard York. In the present issue we concentrate on the planetary environmental emergency. In a later special issue, to appear this fall, the magazine will address the social and economic regime change that is necessary to save the earth as we know it
July 1, 2008
The three water crises—dwindling freshwater supplies, inequitable access to water, and the corporate control of water—pose the greatest threat of our time to the planet and to our survival. Together with impending climate change from fossil fuel emissions, the water crises impose some life-or-death decisions on us all. Unless we collectively change our behavior, we are heading toward a world of deepening conflict and potential wars over the dwindling supplies of freshwater— between nations, between rich and poor, between the public and the private interest, between rural and urban populations, and between the competing needs of the natural world and industrialized humans
June 1, 2008
The first third of 2008 should have been a wake-up call to those who, in the short-lived days of capitalist triumphalism, were inclined to lose sight of the immediacy of the internal contradictions of capitalism and of the resistance that the system continuously regenerates. The enormous extent of today's combined world food-and-economic crisis is now patently obvious. Anti-imperialist and anticapitalist initiatives are once again mushrooming around the globe.
June 1, 2008
I am certain that, like many people these days, the first thing on your mind is the question of the referendum on reform of the Bolivarian Constitution — what the defeat means and where do we go from here. What I want to talk about today is not on that topic specifically, but it is related.
June 1, 2008
In trying to comprehend the virus of Islamophobia now infecting Europe, the small country of Denmark offers powerful insights. Shakespeare's phrase that "something is rotten in the state of Denmark" seems appropriate to describe the transformation taking place in this former bastion of tolerance and conviviality.
