April 1, 2020
The climate crisis is proving to be antithetical to the neoliberal machines that define current forms of social organization. Reducing fossil fuel consumption, the largest contributor to climate change, requires collaborative efforts. These efforts must take into consideration the foundational role of fossil fuels in modern economies. Yet, renewables lack many of the characteristics that have made fossil fuels so desirable in production processes, limiting their ability to expropriate human labor. At the same time, climate catastrophes, such as wildfires and hurricanes, disrupt the infrastructural momentum of fossil fuel economies, destabilizing the mechanisms of capital accumulation that derive from the production and consumption of these fuels. All of these problems have come to a head in the recent crises in Chile and California.
April 1, 2020
Starting in the late 1960s, the development of the productive forces of society entered a new stage: the Information Revolution, an era focused on the application of information theories such as cybernetics combined with advances in computer technology and digital communication networks, culminating in the Internet. Under capitalist conditions, this has already resulted in a knowledge economy, but the social, auto-regulatory possibilities it opens up are bound to be incompatible with the private appropriation characteristic of capitalism.
March 1, 2020
Since the Great Financial Crisis of 2007–09, Hyman Minsky (1919–96) has been widely recognized as one of the late twentieth century's most insightful economic theorists. Nevertheless, if Minsky had still been alive at the time of the Great Financial Crisis, there would have been little likelihood that his new-found reputation would have resulted in his receiving the Nobel Prize in Economics given his heterodox and socialist economic views.
March 1, 2020
The great French Marxist Henri Lefebvre authored sixty-eight books, since translated into thirty languages, making brilliant analyses on dialectics and alienation, everyday life and urbanism, ecology and citizenship. Yet, his La conscience mystifiée(Mystified Consciousness), published in 1936, has seemingly been forgotten in every language, largely ignored everywhere. Though it may well be his most enduring political tract, it was his most prescient thesis for understanding the human condition in the twenty-first century.
March 1, 2020
As an exposition of capitalism's contradictions, Paul Baran and Paul Sweezy's Monopoly Capital remains one of the most influential treatises in Marxist political economy produced in North America. Among Baran and Sweezy's sociological investigations, they identified the negative consequences of capitalism for mental health, drawing attention to the manner in which the organization of capitalist society conflicted with the essential needs of the individual.
March 1, 2020
When Paul Baran and Paul Sweezy's Monopoly Capital was published by Monthly Review Press in 1966, two of the chapters originally drafted for the book were left out of the final volume: what was to have been Chapter 9 in the original plan for the book, entitled "Some Theoretical Implications," and what was intended as Chapter 11, "The Quality of Monopoly Capitalist Society: Culture and Mental Health." In July–August 2012, "Some Theoretical Implications" was finally published in Monthly Review. This was followed by the publication of the first part, approximately two-thirds of the whole, of "The Quality of Monopoly Capitalist Society: Culture and Mental Health," titled "The Quality of Monopoly Capitalist Society: Culture and Communications," in the July–August 2013 issue of the magazine. The section on mental health was left out on the grounds that it was incomplete. We finally publish it here.
February 1, 2020
The "turn toward the indigenous" in social theory in the last couple of decades, associated with the critique of white settler colonialism, has reintroduced themes long present in Marxian theory, but in ways that are often surprisingly divorced from Karl Marx's critique of capitalism, colonialism, and imperialism.
February 1, 2020
While later generations of Marxian scientific socialists saw sex as secondary, derivative of the real relationships of production, many of the earliest socialist theorists and movements took sexual matters very seriously. Thus, in many ways, the advent of Marxian socialism represented something of a step backward in the development of a radical sexual politics. However, in the twentieth century, old divisions on the sex question within the left soon reappeared.
February 1, 2020
As Benjamin Selwyn points out in his sharp and thoughtful The Struggle for Development, capital-centered development deepens exploitation. Selwyn powerfully challenges the capitalist road to further immiseration for the majority of the world's population, opening up an important discussion regarding what is to be done in the twenty-first century. An alternative form of development, led by the laboring classes, is not only necessary but possible. Above all, "labouring-class movements and struggles against capitalist exploitation can be, and are, developmental in and of themselves."
January 1, 2020
There is an unresolved tension at the heart of Marxist explanations for women's oppression under capitalism. Although there is general agreement that the bourgeois family, as the dominant kinship unit, has something to do with generating and reproducing that oppression, the exact role of the family varies among Marxists. In this respect, Margaret Benston's proposal to situate domestic labor within capitalist production was truly pioneering. Rather than record and describe domestic work, Benston theorized this labor and laid the basis for later feminists to apprehend the production of commodities and the reproduction of labor power within a unitary framework.