Paul A. Baran (1910–1964) and Paul M. Sweezy (1910–2004) were two of the most creative and influential Marxist economists of the last century. The Age of Monopoly Capital collects hundreds of letters between Baran and Sweezy, written between 1949 and Baran’s death in 1964. The correspondence contains numerous interesting, important, and unanticipated ideas. Nuggets of wisdom about economic theory, socialist history, dialectical method, academic politics, and many other topics are scattered throughout. | more…
Instead of theory, early U.S. radicals excelled in reportage, like John Reed’s Ten Days That Shook the World, or fiction, like Upton Sinclair’s packing-house shocker The Jungle. To Europeans American thought seemed impermeable to the difficult ideas of Marxism. That changed with the founding of Monthly Review in 1949, which marked a newly realized if not entirely new trend in American Marxist thought. | more…
Karl Marx famously wrote in The Eighteenth Brumaire of Louis Napoleon that history repeats itself, “first as tragedy, then as farce.” The Cold War, waged between the United States and Soviet Union from 1945 until the latter's dissolution in 1991, was a great tragedy, resulting in millions of civilian deaths in proxy wars, and a destructive arms race that diverted money from social spending and nearly led to nuclear annihilation. The New Cold War between the United States and Russia is playing out as farce—a dangerous one at that. The Russians Are Coming, Again is a red flag to restore our historical consciousness about U.S.-Russian relations, and how denying this consciousness is leading to a repetition of past follies. | more…
Revolution is still on the agenda for the global periphery. Restorations in the course of socialist transition are not irrevocable—and in the weak links of the center, breaks in the imperialist front are not inconceivable. | more…
Building on Marx’s own open-ended critique, three revolutionary new developments have recently arisen in Marxist theory, addressing social reproduction, the expropriation of nature, and racial capitalism. | more…
Virtually no part of the modern United States—the economy, education, constitutional law, religious institutions, sports, literature, economics, even protest movements—can be understood without first understanding the slavery and dispossession that laid its foundation. To that end, historian Gerald Horne digs deeply into Europe’s colonization of Africa and the New World, when, from Columbus’s arrival until the Civil War, some 13 million Africans and some 5 million Native Americans were forced to build and cultivate a society extolling “liberty and justice for all.” | more…
The decline of Western dominance over the capitalist world system and the concurrent rise of Asia demand a deconstruction of the accepted wisdom of economic history. Understanding the legacy of Eurocentrism in both the rise of capitalism and its historiography is necessary if we are to challenge the dominant discourse and ideological assumptions of the so-called “European miracle.” | more…
The United States was founded as an empire on conquered land, and firearms manufacturing was one of the country’s first successful modern industries. Gun proliferation and gun violence today are among its legacies. | more…
István Mészáros, who died on October 1 at the age of eighty-six, was a leading Marxist theorist and a frequent contributor to MR. No political philosopher of our age has reached nearly so far in joining philosophy with political-economic critique, or in systematically addressing the question of the movement toward socialism. | more…
With the structural crisis of the capital system, the expansionary historic circle through which capital could dominate humanity for a very long time is perilously closing. That closure brings with it the danger of humanity’s total destruction in the interest of capital’s absurdly prolonged rule. | more…
I first arrived in Mozambique to write about its progress through human-interest stories, through the stories of women. But cracks began to appear in the beautiful façade that independence had constructed. A question insinuated itself: Was it worth it? | more…
In the early years of the Cold War, the academic study of international relations was an ideological tool serving the foreign policy of the United States and its allies. But in the 1960s, a new generation of scholars began to challenge the reigning orthodoxy. | more…
