February 1, 2017
In the early 1970s, MR editors Harry Magdoff and Paul Sweezy increasingly introduced ecological themes into the magazine, and began to question the viability of unlimited, exponential economic growth in a limited biosphere. Sweezy, in particular, was deeply interested in ecological problems, a topic he began to write on in this period, in essays such as "Cars and Cities"…, and to which he returned on various occasions until the end of his life.… [In this 1974 letter to the influential ecological economist, Nicholas Georgescu-Roegen, Sweezy outlined] the revolutionary implications of ecology, and the break that these necessitated with pure "economism"—a rupture that only a truly revolutionary socialism could bring about.
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February 1, 2017
In Acting Like It Matters, James McEnteer gives a compassionate account of John Malpede—actor, activist, and co-creator of the political theatre troupe the Los Angeles Poverty Department (LAPD)—and of the Skid Row community that is the organization's heart and soul. The story of Malpede and the LAPD is one of life as art and art as life, and its protagonists are the dehumanized homeless citizens of Los Angeles and their compatriots in cities across the United States and the world, who represent a growing part of today's global working class pushed out of the formal economy.
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January 1, 2017
Shortly after the election of Donald Trump, the alt-right organization Turning Point USA introduced its notorious Professor Watchlist…, listing some 200 radical academics in the universities as dangerous professors. Stories regarding this list were soon being carried in major papers throughout the country. In contrast to David Horowitz's list of "the 101 most dangerous academics in America" a decade ago, the current Professor Watchlist has behind it the new sense of power on the extreme right provided by Trump's electoral victory.… There can be no doubt that this is part of an attempted new McCarthyism. In terms of its overall orientation, the alt-right strategy here resembles the Gleichschaltung ("bringing into line") in 1933–35 in Hitler's Germany, where intimidation was directed at all the major cultural institutions, including universities, with the object of getting them to align with the new dominant views.
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January 1, 2017
Following the July 14, 2016, massacre in Nice, French President François Hollande once again extended for three months a state of emergency that was to have ended on July 26. An initial, twelve-day state of emergency had been declared after the Paris attacks and extended for three months by a law of November 2015. Still another three-month extension was added and came to an end on May 26, only to be extended for two additional months. Despite the obvious ineffectiveness of such a measure…it has been extended yet again, through January 2017.… This normalization of the "state of exception" has provoked only a muted public reaction. France has thus entered into a permanent state of emergency. This choice is not the result of exceptional events to which the country must respond, but rather expresses an intention to change the political system, as shown by the move to constitutionalize the state of emergency.
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January 1, 2017
Aleida Guevara March is the daughter of Che Guevara and Aleida March. She is a pediatrician at William Soler Children's Hospital in Havana, and teaches at the Escuela Latina-Americana de Medicina and at a primary school for children with disabilities. As a member of the Cuban Communist Party, she often participates in political debates across the globe. As a pediatrician, she has worked in Angola, Ecuador, Nicaragua, and Venezuela. She has two adult daughters and works closely with the Centro de Estudios Che Guevara, where her mother is the director.
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January 1, 2017
On the afternoon of November 15, 2013, 150 police officers raided the Colony Arms, a low-income housing complex on Detroit's East Side. One resident described the scene: "I saw…cop cars with the sirens…some kind of tank blocking the back alley, at least two helicopters doing I don't know what…. The officers had real, real long rifles. It was like the army or something…like an invasion…." In all, thirty arrests were made, twenty-one related to parking violations. These arrests yielded a total of zero convictions. The raid occurred on a Friday; all those arrested were released from jail by Monday. The raid was declared a resounding success by the Detroit Police Department (DPD) and all of the city's major media outlets. The raid on the Colony Arms inaugurated Operation Restore Order, a series of seventeen paramilitary police operations carried out between 2013 and 2015. Over the course of the operation, police made over a thousand arrests; as in the Colony Arms raid, however, these yielded little in the way of prosecutions.
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January 1, 2017
In late 2013, Chinese premier Xi Jinping announced a pair of new development and trade initiatives for China and the surrounding region: the "Silk Road Economic Belt" and the "Twenty-First-Century Maritime Silk Road," together known as One Belt, One Road (OBOR). Along with the Asian Infrastructure Investment Bank (AIIB), the OBOR policies represent an ambitious spatial expansion of Chinese state capitalism, driven by an excess of industrial production capacity, as well as by emerging financial capital interests. The Chinese government has publicly stressed the lessons of the 1930s overcapacity crisis in the West that precipitated the Second World War, and promoted these new initiatives in the name of "peaceful development." Nevertheless, the turn to OBOR suggests a regional scenario broadly similar to that in Europe between the end of the nineteenth century and the years before the First World War, when strong nations jostled one another for industrial and military dominance.
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January 1, 2017
China's rapid economic development in recent years is often characterized as "miraculous." Talk of a "Beijing Consensus" or "China model" has become commonplace in academic debates. But as we have written elsewhere, "theoretical problems have started to emerge with regards to the very existence, content, and prospects of the China model." The key question, then, is what kind of economic theory and strategy underpin this "miracle."… [W]e hold that the country's major recent developmental gains are the achievements of theoretical advances in political economy, originating in China itself, while the main problems that have accompanied China's development reflect the damaging influence of Western neoliberalism.… We hope to clarify the official theoretical model behind China's economic "miracle," using the terms and concepts prevalent in China today.
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December 1, 2016
In October 2016, the Sveriges Riksbank (Swedish Central Bank) Prize in Economic Sciences in Memory of Alfred Nobel—commonly but incorrectly called the Nobel Prize in Economics—was awarded to two European-born, U.S.-based economists, Oliver Hart and Bengt Holmström, for their work on contracts related to executive pay. Hart and Holmström were lauded for having theorized what was thought to be the optimal mix of risk and incentives in pay packages for corporate executives, thereby determining the appropriate combination of basic salary, bonuses, and share options. In other words, they received the Riksbank Nobel Memorial Prize for their efforts to rationalize the exorbitant paychecks of CEOs and other corporate leaders—a direct service to big business.
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