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Monthly Review Volume 73, Number 5 (October 2021)

October 2021 (Volume 73, Number 5)

What was most significant about the published Part I of the report was that it revealed that even in the most optimistic projection of the Shared Socioeconomic Pathways—in which carbon emissions globally peak in the next four years, a 1.5°C increase in global average temperature over preindustrial levels would be avoided until 2040, and the goal of net zero carbon emissions would be reached by 2050—the consequences for global humanity would nonetheless be catastrophic by the measure of all historical precedents. | more…

Heat waves a social murder

Vouchers for Murder

In order to commit murder or mayhem under this program, vouchers must be submitted within one week prior to the actions contemplated or within a month afterward. Persons who commit violent acts without valid vouchers will be asked to enter into Voluntary Consent Agreements to desist from unauthorized murder or mayhem, and up to one tenth of any ill-gotten gains will be donated voluntarily to the charity of their choice, without any implication of admission of guilt. | more…

Monthly Review Volume 73, Number 4 (September 2021)

September 2021 (Volume 73, Number 4)

In 2004, Washington launched a whole new strategy of financial war, based on the role of the U.S. dollar as the hegemonic foreign-exchange currency, to cut off the economic circulation of targeted states. The United States has created, as part of its “rules-based international order,” a coercive global framework extending U.S. financial jurisdiction to every country, economic entity, and person engaged at any point in U.S. dollar transactions anywhere in the world. | more…

Fly-tipped tires in a disused chalk quarry in North Kent, England

The Capitalinian: The First Geological Age of the Anthropocene

Assuming that the Anthropocene will soon be officially designated as the earth’s current epoch, there remains the question of the geological age with which the Anthropocene begins. Adopting the standard nomenclature for the naming of geological ages, the term Capitalinian is proposed as the most appropriate name for the new geological age, conforming to the historical period that environmental historians see as commencing around 1950, in the wake of the Second World War, the rise of multinational corporations, and the unleashing of the process of decolonization and global development. | more…

Post-Growth Living: For an Alternative Hedonism

Building a Vision of the Good Life

The crux of Kate Soper’s Post-Growth Living is simple: we need to redefine “the good life.” We need to move away from a culture that equates the good life with endless consumption and toward one that equates it with experiences that are not defined by the market. Not only is this transition ecologically necessary, but it will also lead to fairer, and far more pleasurable, experiences. | more…

CPC with Xi at core is driving global transformation

Is China Transforming the World?

In most mainstream Western media, China is now presented as a threat, a conquering “empire.” Still the global hegemon, the United States is worried about the Chinese rise in strength, and their successive administrations are building the anxiety-provoking image of a China eager to supplant it and steal its leadership of the capitalist world system. | more…

A McDonald's in China

China: Imperialism or Semi-Periphery?

Whether China has become an imperialist country is a question of crucial importance for the global class struggle. Although China has developed an exploitative relationship with South Asia, Africa, and other raw material exporters, on the whole, China continues to transfer a greater amount of surplus value to the core countries in the capitalist world system than it receives from the periphery. China is thus best described as a semi-peripheral country in the capitalist world system. | more…

CHINA THREAT by Luo Jie

China and the American Lake

U.S. fantasies of expansion, commercial dominion, and military prowess have long hinged on a premise of Pacific exceptionalism. Couched in the millenarian language of manifest destiny, the Pacific region and its multitudinous ecosystems, cultures, peoples, and nations have been vacated in favor of an aqua nullius that frames the region as an empty space designated for U.S. possession by divine providence. | more…

5G technology booth

The Political Economy of the U.S.-China Technology War

One of the key components of U.S.-China strategic competition is the technology war, the essence and implications of which can be further understood in the broader context of the international division of labor and the two countries’ internal contradictions. From this front, we can decipher the antagonism between different classes/groups within and across the two countries. | more…

Monthly Review Volume 73, Number 2 (June 2021)

June 2021 (Volume 73, Number 2)

Where capitalism itself is concerned, the dominant view is that the COVID-19 crisis constitutes a rare, unpredictable, and unlikely to be repeated occurrence. The world capitalist economy, we are informed, was fundamentally sound prior to the advent of this unforeseen exogenous shock, and it will revive quickly once the SARS-CoV-2 virus is under control. This received view, however, is incorrect on all counts. | more…

New beech leaves, Gribskov Forest in the northern part of Sealand, Denmark

Capital and the Ecology of Disease

The death of Salvador Allende in 1973 marked, simultaneously, not only the demise of one of the great socialist experiments, and the launching of neoliberalism; it also represented the loss in Allende of one of the great figures in social medicine. Nowhere has neoliberalism had more devastating effects than in the destruction of public health and social medicine initiatives throughout the world. | more…

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