heaven is a place on earth
An new poem by arson. | more…
Actual U.S. Military Spending Reached $1.537 Trillion in 2022—More than Twice Acknowledged Level: New Estimates Based on U.S. National Accounts
How much does it cost to maintain an empire? A stunning new analysis by Gisela Cernadas and John Bellamy Foster shows the true scale of U.S. military spending, which far outstrips conventional estimates, which use data gleaned from traditional sources. | more…
What Do We Learn about Capitalism from Chip War?
Chip War (Simon and Schuster, 2022) by Chris Miller is a detailed accounting of the U.S. efforts to retain control of the computer chip industry—an industry that has become vital to nearly all aspects of modern life. Rahul Varman explores and expands on these themes, asking all the while: What can the escalating wars over this crucial technology teach us about global capitalism? | more…
Platform Company Dominance and Labor Struggles in the Digital Economy: The Case of South Korea
Kyung-Pil Kim charts the history of the Korean platform economy through the rise of Naver and Kakao, the major firms dominating the markets. How do these companies operate? How did they achieve dominance? Finally, what are recent developments and challenges of labor organizing in this sphere? | more…
The War Against the Commons: Dispossession and Resistance in the Making of Capitalism
A unique historical account of poor peoples’ self-defence strategies in the face of the plunder of their lands and labor
For five centuries, the development of capitalism has been inextricably connected to the expropriation of working people from the land they depended on for subsistence. Through ruling class assaults known as enclosures or clearances, shared common land became privately-owned capital, and peasant farmers became propertyless laborers who could only survive by working for the owners of land or capital.
As Ian Angus documents in The War Against the Commons, mass opposition to dispossession has never ceased. His dramatic account provides new insights into an opposition that ranged
Degrowth and Socialism: Notes on Some Critical Junctures
Increasingly, scholarship around degrowth and socialism are coalescing around certain shared ideas, namely, that capitalism is at the root of our planetary crisis. Güney Işıkara and Özgür Narin draw out key points of convergence among these thinkers, as well as discrepancies in the two approaches to creating a future egalitarian and sustainable society. | more…
Degrowing China—By Collapse, Redistribution, or Planning?
Minqi Li asks: How can China, the world’s largest energy consumer, be “de-grown”? What policies and institutions must change, and what are the potential social implications? How can social ownership of production, redistribution of wealth the working class, and democratically controlled planning bring the country closer to a zero growth scenario? | more…
Capitalism, Global Poverty, and the Case for Democratic Socialism
The popular narrative that capitalism has led to a general improvement in human well-being over the last two hundred years is, historical data show, not supported by evidence. Jason Hickel and Dylan Sullivan enumerate the empirical and methodological problems on which this narrative is built and explore the potential benchmarks for truly understanding human welfare. | more…
Nine Theses on Ecosocialist Degrowth
In nine theses, Michael Löwy elaborates on the central themes of ecosocialist degrowth. “The ecological crisis,” he begins, “is already the most important social and political question of the twenty-first century.… The future of the planet, and thus of humanity, will be decided in the coming decades.” | more…
Degrowth—What’s in a Name? Assessing Degrowth’s Political Implications
“Degrowth” may often be associated with the left, but can also have conservative—even ecofascist—implications. What do proponents and critics mean by “degrowth”? How do these differences play out ideologically? Ying Chen writes that, for radicals, the answer is to place the economic system at the center of the degrowth narrative, thus naming the system that must be replaced with a more just and equitable socialist society. | more…
June 2023 (Volume 75, Number 2)
As the Pentagon gains approval for yet another record-breaking budget, the editors examine a perennial question: Why does the United States oligarchy need such an outsized military machine in the modern era? The answer is found in the current era of naked imperialism, accompanied, as always with deadly militarism. | more…
Grand Theft Capital: The Increasing Exploitation and Robbery of the U.S. Working Class
The working class is being robbed, both through outright expropriation and the more hidden exploitation of countless workers who are struggling to make ends meet while capitalists pocket the surplus value they produce. Fred Magdoff and John Bellamy Foster dissect the neoliberal assault on the working class that is spurring a new generation of labor organizing. | more…