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New this week!

Shamrocks and Oil Slicks: A People’s Uprising Against Shell Oil in County Mayo, Ireland

County Mayo, Ireland, is spectacularly beautiful. Dolphins, whales, and seals frolic in bays, rivers teem with salmon. Into this tranquil, unspoiled region, in early 2002, came Shell Oil, announcing plans to build a gas refinery. Shell promised wonderful things: new jobs, improved roads, money for schools. Church officials called this project a “godsend,” while honest, hard-working families, who had lived in Mayo for generations, certainly saw no harm in the project. But when the citizens of County Mayo realized what Shell actually intended to do, they rose up. Shamrocks & Oil Slicks tells the story of County Mayo—the fishermen, farmers, teachers, business people—who, motivated by love for their environment, their community, and their country, fought one of the planet’s most powerful destroyers to a standstill. | more…

Lexit

Socialist Internationalism Against the European Union

Costas Lapavitsas’s The Left Case Against the EU (Polity, 2019) is recognized as the leading work advocating Lexit, the left-wing case for Brexit, and for nations leaving the European Union more generally. In light of current Conservative British Prime Minister Boris Johnson’s commitment to exit the European Union by October 31, even if it means a no-deal Brexit, the role of the left takes on growing importance. Moreover, this raises issues of the European Union generally, including the dominance of neoliberalism within it and the question of German hegemony. Here, Neil Davidson offers an assessment of Lapavitsas’s book. | more…

Value Chains: The New Economic Imperialism by Intan Suwandi

Value Chains: The New Economic Imperialism

Winner of the 2018 Paul M. Sweezy – Paul A. Baran Memorial Award for original work regarding the political economy of imperialism, Intan Suwandi’s Value Chains examines the exploitation of labor in the Global South. Focusing on the issue of labor within global value chains—vast networks of people, tools, and activities needed to deliver goods and services to the market and controlled by multinationals—Suwandi offers a deft empirical analysis of unit labor costs that is closely related to Marx’s own theory of exploitation. | more…

The Lie of Global Prosperity: How Neoliberals Distort Data to Mask Poverty and Exploitation by Seth Donnelly

The Lie of Global Prosperity: How Neoliberals Distort Data to Mask Poverty and Exploitation

“We’re making headway on global poverty,” trills billionaire philanthropist Bill Gates. “Decline of Global Extreme Poverty Continues,” reports the World Bank. And “How did the global poverty rate halve in 20 years?” inquires The Economist magazine. Seth Donnelly answers: “It didn’t!” In fact, according to Donnelly’s The Lie of Global Prosperity, virtually nothing about these glad tidings proclaiming plummeting global poverty rates is true. | more…

The Long Revolution of the Global South: Toward a New Anti-Imperialist International by Samir Amin

The Long Revolution of the Global South: Toward a New Anti-Imperialist International

In this second volume of his memoirs, Samir Amin takes us on a journey to a dizzying array of countries, primarily in the Arab World, Africa, Asia, and Latin America, recounting in detail the stages of his ongoing dialogue over several decades with popular movements struggling for a better future. Along the way, we meet government leaders, activists in popular movements, and working people, both rural and urban. As in his many works over the years, The Long Revolution of the Global South combines Amin’s astute theoretical analyses of the challenges confronting the world’s oppressed peoples with militant action. | more…

Wall Street's Think Tank: The Council on Foreign Relations and the Empire of Neoliberal Geopolitics, 1976-2018 by Laurence H. Shoup (New in paperback, with Afterword)

Wall Street’s Think Tank: The Council on Foreign Relations and the Empire of Neoliberal Geopolitics, 1976-2019 (New in paperback, with Afterword)

The Council on Foreign Relations is the world’s most powerful private foreign-policy think tank and membership organization. Dominated by Wall Street, it claims among its members a high percentage of past and present top U.S. government officials as well as corporate leaders and influential figures in the fields of education, media, law, and nonprofit work. Wall Street’s Think Tank follows the Council on Foreign Relations from the 1970s to the present, and this new paperback edition includes an Afterword discussing the Trump Administration and the Council. | more…

"Capitalism Isn't Working"

Capitalism Has Failed—What Next?

Less than two decades into the twenty-first century, it is evident that capitalism has failed as a social system. The world is mired in economic stagnation, financialization, and the most extreme inequality in human history, accompanied by mass unemployment and underemployment, precariousness, poverty, hunger, wasted output and lives, and what at this point can only be called a planetary ecological “death spiral.” Many of the symptoms of the failure of capitalism are well-known. Nevertheless, they are often attributed not to capitalism as a system, but simply to neoliberalism, viewed as a particular paradigm of capitalist development that can be replaced by another, better one. A critical-historical analysis of neoliberalism is therefore crucial both to grounding our understanding of capitalism today and uncovering the reason why all alternatives to neoliberalism and its capitalist absolutism are closed within the system itself. | more…

From Commune to Capitalism: How China's Peasants Lost Collective Farming and Gained Urban Poverty

From Commune to Capitalism: How China’s Peasants Lost Collective Farming and Gained Urban Poverty

In the early 1980s, China undertook a massive reform that dismantled its socialist rural collectives and divided the land among millions of small peasant families. Known as the decollectivization campaign, it is one of the most significant reforms in China's transition to a market economy. From the beginning, the official Chinese accounts, and many academic writings, uncritically portray this campaign as a huge success, both for the peasants and the economy as a whole. This mainstream history argues that the rural communes, suffering from inefficiency, greatly improved agricultural productivity under the decollectivization reform. It also describes how the peasants, due to their dissatisfaction with the rural regime, spontaneously organized and collectively dismantled the collective system. A closer examination suggests a much different and more nuanced story. By combining historical archives, field work, and critical statistical examinations, From Commune to Capitalism argues that the decollectivization campaign was neither a bottom-up, spontaneous peasant movement, nor necessarily efficiency-improving.  | more…