July 1, 2019
This reprise of Harry Magdoff's 1969 "A Note on the Communist Manifesto" remains as relevant as ever—perhaps even more so. While capitalism by its very nature lives by accumulation and geographic expansion, it does so in a most unequal fashion. Even though nothing in economics follows strict mathematical rules, there are notable tendencies produced by the inner springs of capitalism. An outstanding example of such a tendency is found in the distinct and marked widening of the gap between a handful of rich nations and the rest of the world. The accelerating globalization of our times demonstrates this polarization in no uncertain terms.
July 1, 2019
For the last thirty years, the world system has undergone an extreme centralization of power in all its dimensions—local and international, economic and military, social and cultural. Creating a new transnational alliance of workers and oppressed peoples must be the main objective for the genuine militants who are convinced of the odious nature of the world imperialist capitalist system that we have at present. It is a heavy responsibility and the task requires several years before reaping any tangible results.
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June 1, 2019
The situation in Venezuela has become extremely dire due to Washington's heightened economic warfare, its continuing attempts to engineer a political coup, and its growing threats of massive military intervention—all aimed at bringing down the Bolivarian Republic. The recent seizure of Venezuelan oil assets in the United States and its gold reserves in British banks, as well as the sanctioning of Venezuelan oil sales, have come on top of a long series of economic sanctions—beginning with the Obama administration and now intensified under Trump's—that constitute nothing less than a modern form of siege warfare, extended to food supplies and medicine. But the Venezuelan Revolution has managed to resist in the face of the economic and political warfare of the most powerful imperialist nation in the world, and the reasons why are to be found in the nature of the Bolivarian Revolution and the Venezuelan people themselves.
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June 1, 2019
The promise of a world without disease has been replaced by warnings of evermore virulent pathogens, created by the very drugs that were supposed to save us. Scarcely a day passes without more news of people contracting infections or infectious diseases that cannot be cured by the strongest medicines available. Antimicrobial Resistance is a global health crisis driven by two major factors: the spectacular ability of bacteria to adapt to threats, and a pharmaceutical industry and health care system that puts profit before people. In addition to devastating climate change, the Anthropocene may be defined by epidemics that medicine cannot cure.
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June 1, 2019
Can economic growth continue forever? This relatively simple question has posed some intellectual headaches for modern capitalism. Capital cannot tolerate any limits—that is, the drive for growth and the search for new markets are both necessary for the political and economic survival of capitalism. Viewed in this light, the implications of the question present something of an existential challenge to the current order. Capitalism cannot acknowledge any natural limits to economic growth, for that would mean acknowledging its ultimate demise. To keep up the pretense that capitalism represents a quasi-eternal and invincible system, most political leaders and economists who support the current order have begun reciting a series of elaborate narratives about the relationship between human economies and the natural world.
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June 1, 2019
The Yellow Vests (gilets jaunes) movement first appeared in October 2018 and is active everywhere in France. As this article was written, the spontaneous mobilization was in its twenty-first week. The demonstrations are mainly organized around traffic circles, where protesters block transportation lines. While their concrete demands are about wages, these demands are not presented by workers' actions aimed at defending the value of labor power, but rather as part of a citizens' movement, as referred to by the media and many of the demonstrators. In this way, the site of political confrontation has been shifted.
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June 1, 2019
Situated largely within the Marxist debates on imperialism—but addressing the liberal formulations too—The Changing Face of Imperialism: Colonialism to Contemporary Capitalism is an important intervention regarding the material basis of imperialism and its three-hundred-year-old history of unequal power relations. The book broadly addresses five issues: (1) the nature of finance capital and the novel yet familiar processes of value extraction; (2) the world of capital; (3) global production networks and labor regimes; (4) the institutional system of nation-states in the new global order; and (5) the nature of integration from colonial regimes to now.
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May 1, 2019
Monthly Review is now seventy years old, with its first issue appearing in May 1949. In this month's issue, the editors reflect on the legacy of MR, the people who built it, and the ones who keep it going today.
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May 1, 2019
Although neoliberalism is widely recognized as the central political-ideological project of twenty-first-century capitalism, it is a term that is seldom uttered by those in power. Behind this particular ruse lies a deeply disturbing, even hellish, reality. Neoliberalism can be defined as an integrated ruling-class political-ideological project, associated with the rise of monopoly-finance capital, the principal strategic aim of which is to embed the state in capitalist market relations. Hence, the state's traditional role in safeguarding social reproduction—if largely on capitalist-class terms—is now reduced solely to one of promoting capitalist reproduction. The goal is nothing less than the creation of an absolute capitalism. All of this serves to heighten the extreme human and ecological destructiveness that characterizes our time.
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May 1, 2019
On February 11, 2019, Ariel Dorfman published an article in the Nation, in which he imagined the advice of the late Chilean president Salvador Allende would supposedly offer Nicolás Maduro in order to confront successfully the challenges of the current Venezuelan conjuncture. This is Allende's fictional reply to Dorfman.
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