May 1, 2024
The International Monetary Fund, part of the Bretton Woods Agreement that helped establish the current rules of the U.S.-dominated international capitalist system, claims to aim for a world of prosperity through so-called free trade. In Latin America, David Barkin and Juan Santarcángelo write, the IMF has contributed to the impoverishment of the working class and destruction of these countries’ ecological legacies. But what does the future hold for the IMF in Latin America?
May 1, 2024
In this reprise from September 2000, Harry Magdoff, John Bellamy Foster, and Robert W. McChesney look forward to the future of Monthly Review in the twenty-first century: “Despite mistakes, setbacks, and recognition that the road is long and arduous, we must not waver as we continue to study, educate, and be missionaries for the transcendence of the social system of capitalism and the development…of a society of equals.”
April 1, 2024
As populations worldwide grow older, politicians are clamoring to raise the retirement age, thus extending people’s working lives at their own expense. Using the lens of political economy, Cai Chao examines the false narratives behind capitalists’ claims that delayed retirement is necessary to maintain society’s productive capacity, and proposes solutions to promote human development at all life stages.
April 1, 2024
In a world of convergent crises, leading voices have called for radical changes to food, financial, and energy systems. However, these fail to account for a deeper systemic crisis: unfettered and accelerating of capital accumulation. In this article, M. Graziano Ceddia and Jacopo Nicola Bergamo provide a more comprehensive narrative, one which emphasizes capital as a social relation—and the potential of the environmental proletariat to dismantle its dominance.
April 1, 2024
In this remarkable reprise reprinted from Monthly Review‘s October 1992 issue, Harry Magdoff and Paul Sweezy look ahead to the ecological crisis that has continued to unfold into the twenty-first century. Presaging the critical juncture at which we find ourselves today, they write that “only a change in the in the nature of power structures on a global scale could bring a realistic hope for the long-term continuation of human civilization…. If you think that is true, what do you think are the implications?”
April 1, 2024
In this review of Immanuel Ness’s Migration as Economic Imperialism, Torkil Lauesen illuminates the links between the migration of labor to theories of equal exchange, which have traditionally focused on international trade. These connections, Lauesen writes, relate to transfer of labor power from the periphery to the core, and the concomitant exploitation of vulnerable workers from the Global South.
March 1, 2024
� Paul Burkett (1956–2024) was a professor of economics at Indiana State University, and the author of Marx and Nature (Haymarket, second edition 2014). He was also a jazz musician…. READ MORE
February 1, 2024
Benjamin Selwyn is a professor of international relations and international development at the University of Sussex. He is the author of The Struggle for Development (2017), The Global Development Crisis… READ MORE
December 1, 2023
John Bellamy Foster is editor of Monthly Review and professor emeritus of sociology at the University of Oregon. Mahesh Maskey is chief editor of Bampanth (The Left), Nepal. This is… READ MORE
December 1, 2023
David Michael Smith is a former professor of government and union president at College of the Mainland in Texas City, Texas. He is the author of Endless Holocausts: Mass Death… READ MORE