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The Age of Monopoly Capital: Selected Correspondence of Paul A. Baran and Paul M. Sweezy, 1949-1964

A Marxist Correspondence

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…

Paul M. Sweezy and Paul A. Baran

Two Intellectual Giants of the American Left

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…

The Russians Are Coming, Again: The First Cold War as Tragedy, the Second as Farce

The Russians Are Coming, Again: The First Cold War as Tragedy, the Second as Farce

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…

Romans during the Decadence

Revolution or Decadence?

Thoughts on the Transition between Modes of Production on the Occasion of the Marx Bicentennial

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…

The Apocalypse of Settler Colonialism: The Roots of Slavery, White Supremacy, and Capitalism in Seventeenth-Century North America and the Caribbean

The Apocalypse of Settler Colonialism: The Roots of Slavery, White Supremacy, and Capitalism in Seventeenth-Century North America and the Caribbean

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 Chinese Factory in the Street of Teng-chan at Nagasaki, founded in 1688"

Economic History and the ‘East Wind’

Challenges to Eurocentrism

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 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

Forthcoming in April 2019

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…

Karl Marx and the Birth of Modern Society

Karl Marx and the Birth of Modern Society: The Life of Marx and the Development of His Work (Volume I: 1818-1841)

Forthcoming in April 2019

For over a century, Karl Marx’s critique of capitalism has been a crucial resource for social movements. Now, recent economic crises have made it imperative for us to comprehend and actualize Marx’s ideas. But without a knowledge of Karl Marx’s life as he lived it, neither Marx nor his works can be fully understood. There are more than twenty-five comprehensive biographies of Marx, but none of them consider his life and work in equal, corresponding measure. This biography, planned for three volumes, aims to include what most biographies have reduced to mere background: the contemporary conflicts, struggles, and disputes that engaged Marx at the time of his writings, alongside his complex relationships with a varied assortment of friends and opponents. | more…

Monthly Review, April 1982 partial cover

Marxism for the Few

Or, Let 'Em Eat Theory

The political ineffectuality of Marxism in the United States is the consequence most importantly of the nature and history of U.S. capitalism. But also important in explaining this feebleness is what Marxists have and have not done, who they are, and their “style.” | more…

Industrial Workers of the World union label

One Big Union, One Long Fight

As the global economy grows increasingly unstable, undermining job security and the dignity of work, the IWW’s pioneering tactics, and perhaps even the union itself, may again be the means by which working people of all walks secure “the good things in life” while building “a new society within the shell of the old.” | more…

Karl Marx’s Ecosocialism: Capital, Nature, and the Unfinished Critique of Political Economy

Karl Marx’s Ecosocialism: Capital, Nature, and the Unfinished Critique of Political Economy

Karl Marx, author of what is perhaps the world’s most resounding and significant critique of bourgeois political economy, has frequently been described as a “Promethean.” According to critics, Marx held an inherent belief in the necessity of humans to dominate the natural world, in order to end material want and create a new world of fulfillment and abundance—a world where nature is mastered, not by anarchic capitalism, but by a planned socialist economy. Understandably, this perspective has come under sharp attack, not only from mainstream environmentalists but also from ecosocialists, many of whom reject Marx outright. | more…