April 1, 2025
Yumeng Liu takes a deep dive into the history of Laos, the only socialist nation among the Theravāda Buddhist countries of Southeast Asia, examining how the country has developed its own particular approach to socialism, influenced by both local Buddhist beliefs and Marxist ideology. Liu also explores the historical and present-day tensions inherent in this uniquely Lao approach to socialist development.
April 1, 2025
"The Big Business-military coalition in the United States," Paul A. Baran wrote in this prescient reprise from 1952, "assumes all of the functions of a fascist regime…. And it develops rapidly into its own American variety of government under capitalism in an age of imperialism, wars, and national and social revolutions. It becomes fully adapted to its sinister historical mission—to be the instrument of ruthless class struggle on the national and international planes."
March 1, 2025
John Bellamy Foster and Gabriel Rockhill assess the history and influence of Western Marxism, defined not geographically, but by a rejection of the Marxism developed in the Soviet Union, in the Global South, and even in classical Marxism. This strain of Marxist thought, birthed in the imperial core, represents a concession to the dominance of U.S. ideology, rather than to correct the pressing issues confronting society today.
March 1, 2025
In this excerpt from Ellen Meiksins Wood's
In Defense of History, Wood appraises the state of postmodern thought in the late twentieth century. "Today's postmodernism," Wood writes, "for all of its apparently defeatist pessimism, is still rooted in the 'Golden Age of Capitalism.' It's time to leave that legacy behind and face today's realities."
March 1, 2025
Torkil Lauesen delves into the legacy of celebrated Arghiri Emmanuel, whose theory of unequal exchange resonates well into the twenty-first century. Introduced in 1962, Emmanuel's critique of Ricardian and neoliberal capitalism further illuminated the Marxist concept value as it relates to global exchange and the ongoing exploitation of the Global South by the Global North.
March 1, 2025
Using data from Brazil's Integrated System of Household Surveys, Renata Falavina and Gabriel Ulbricht employ Marxist categories in order to illuminate the concept of the reserve army of labor in the context of underemployment and informal labor in modern-day Brazil. This view, the authors write, shows that the dichotomy of full employment and unemployment fails to capture the complexity of unstable labor dynamics in a world of informal and precarious work.
March 1, 2025
A new poem by Marge Piercy.
February 1, 2025
The editors recall the life and accomplishments of Amiya Kumar Bagchi, a leading light among contemporary Marxist political economists. Bagchi's insights challenged prevailing Eurocentric ideas about economic history while providing a path forward through a collective, united, anti-imperialist resistance.
February 1, 2025
Over the last quarter century—and especially since the beginning of Israel's latest genocidal incursion into Palestine in October 2023—the term "settler colonialism" has proliferated in academic and popular discourse. In February's "Review of the Month," John Bellamy Foster connects readers to thinkers from around the globe and across time to illustrate the phenomenon of settler colonialism as a dimension of imperialism, and thus capitalism, driven by a rapacious extractivism that threatens the whole of humanity.
January 1, 2025
Monthly Review editors take on the results of the 2024 election, exploring how the lackluster reformist policies of the Biden administration and unfocused nature of the Harris campaign served to drive away much of the working class, as reflected in part by the expansion of the Party of Nonvoters. As neoliberal positions occlude the possibility of a Popular Front against Trump's fascism, any substantive victory must come from a revolutionary restructuring of society.