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Monthly Review Volume 77, Number 2 (June 2025)

June 2025 (Volume 77, Number 2)

This month, the editors dive into the history of Nazi Germany for a discussion of Gleichschaltung, which in this instance describes the “falling into line” of institutions and individuals under fascism. As the editors point out, the extralegal and norm-breaking actions may be justified rhetorically by the fascist regime but require the acquiescence of the larger society in order to become effective—a process we are currently watching in real time. | more…

New this week!
U.S. POLITICS IS BLACKMAIL

The Trump Doctrine and the New MAGA Imperialism

In this third installment of MR‘s series on the MAGA movement, John Bellamy Foster explores the dramatic shift in U.S. imperialism that began with the first Trump presidency and has accelerated in his second. The shift, Foster explains, is not one driven by anti-imperialism and anti-militarism but rather represents a hard shift to the right fueled by hypernationalism and the goal of recapturing U.S. power on the world stage. | more…

Palley Map 1. Languages of Ukraine

The War in Ukraine—A History: How the U.S. Exploited Fractures in the Post-Soviet Order

This article will be released in full online June 9, 2025.

Thomas Palley identifies and illuminates both the internal and external drivers of the war in Ukraine. Through this article, he explores how the breakup of the Soviet Union, the aggressive expansion of NATO, U.S. neoconservative geopolitics, present-day Ukraine’s domestic tensions, and other factors led to the current conflict, in which the only winner seems to be the United States. | more…

Saffron flag on bike during Ram Temple Inauguration Day

Decolonization and Its Discontents

Pranay Somayajula dives deep into how the idea of decolonization has taken hold both theoretically and practically, showing how its deployment by the fascist Hindutva movement to justify anti-Muslim oppression reveals a latent threat: potential cooptation by actors seeking to promote nationalist identities in postcolonial contexts. Somayajula concludes that what is needed is a “return to a materially grounded understanding of empire and resistance,” adding that “Any version of decolonization…placing a greater importance than the abstract than the material is a ‘decolonization’ that has lost its way.” | more…

Trump in the White House: Tragedy and Farce

The U.S. Ruling Class and the Trump Regime

John Bellamy Foster revisits and critiques the contention that the U.S. capitalist class is not a “governing” class, or indeed a class-conscious bloc in any sense. However, he writes, the fact that the ruling-class oligarchy is now openly wielding power on the national and international stages as part of the Trump regime shows that the overwhelming political influence of the capitalist class is no longer in dispute as this alignment pushes the country deeper into neofascism. | more…

The Danger of Fascism in the United States: A View from the 1950s

“The Big Business-military coalition in the United States,” Paul A. Baran wrote in this prescient reprise from 1952, “assumes all of the functions of a fascist regime…. And it develops rapidly into its own American variety of government under capitalism in an age of imperialism, wars, and national and social revolutions. It becomes fully adapted to its sinister historical mission—to be the instrument of ruthless class struggle on the national and international planes.” | more…

Monthly Review Volume 76, Number 10 (March 2025)

March 2025 (Volume 76, Number 10)

The editors analyze recent shift in mainstream discourse away from the goal of energy transition toward capitalist friendly policies that allow corporations to receive large subsidies for inadequate “solutions.” Despite the scientific consensus that these are insufficient to tackle the planetary crisis, capital and its advocates continue to promote the abandonment of the energy transition in the effort to maintain U.S. imperial dominance and feed its hunger for fossil fuels. | more…

Arghiri Emmanuel

Arghiri Emmanuel and Unequal Exchange: Past, Present, and Future Relevance

Torkil Lauesen delves into the legacy of celebrated Arghiri Emmanuel, whose theory of unequal exchange resonates well into the twenty-first century. Introduced in 1962, Emmanuel’s critique of Ricardian and neoliberal capitalism further illuminated the Marxist concept value as it relates to global exchange and the ongoing exploitation of the Global South by the Global North. | more…

Socialist Register 2025: Openings and Closures: Socialist Strategy at a Crossroads

Openings and Closures: Socialist Strategy at a Crossroads: Socialist Register 2025

Since the 2016 upsurge in enthusiasm for electoral organizing and party-building, the terrain has shifted. It was not so long ago that a new wave of democratic socialist organizing exploded onto the scene – but the defeat of candidates such as Bernie Sanders and Jeremy Corbyn, following on the crumbling of the “new parties” in Europe, had a deflating effect. As Greece’s Syriza, Spain’s Podemos, and Portugal’s Bloco let down the leftist movements that brought them to power, those inspired by Hugo Chavez in Latin America also saw the Bolivarian revolutions hit an impasse. We find socialist strategy again at a crossroads, pressed by the

Clouds dance behind statues at the Chickasaw Cultural Center during the 2012 Trail of Tears Conference in Sulphur, Oklahoma near the Chickasaw National Recreation Area

Imperialism and White Settler Colonialism in Marxist Theory

Over the last quarter century—and especially since the beginning of Israel’s latest genocidal incursion into Palestine in October 2023—the term “settler colonialism” has proliferated in academic and popular discourse. In February’s “Review of the Month,” John Bellamy Foster connects readers to thinkers from around the globe and across time to illustrate the phenomenon of settler colonialism as a dimension of imperialism, and thus capitalism, driven by a rapacious extractivism that threatens the whole of humanity. | more…

The Communist Revolution in Gansu

Chinese-Style Modernization: Revolution and the Worker-Peasant Alliance

Since the 1980s, writes Lu Xinyu, a division between industrial and agricultural labor has grown in China, reflected in the fractured relationship between urban and rural areas. China’s successful navigation of the issue, Lu concludes, relies on creating a vigorous alliance between the rural peasantry and urban workers that aids in the ultimate delinking of China from the imperialist, world system. Chinese-style modernization, Lu concludes, represents a path that, while developed in a Chinese context, “represents the aspirations of the Global South to break free from worldwide Western hegemony.” | more…

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