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Marxism

The Theory of Monopoly Capitalism: An Elaboration of Marxian Political Economy

The Theory of Monopoly Capitalism: An Elaboration of Marxian Political Economy

John Bellamy Foster is a leading exponent of the theoretical perspective that continues in the tradition of Baran and Sweezy's Monopoly Capital. This new edition of his essential work, The Theory of Monopoly Capitalism, is a clear and accessible explication of this outlook, brought up to the present, and incorporating an analysis of recently discovered “lost” chapters from Monopoly Capital and correspondence between Baran and Sweezy. It also discusses Magdoff and Sweezy's analysis of the financialization of the economy in the 1970s, '80s, and '90s, leading up to the Great Financial Crisis of the opening decade of this century.… | more…

Margaret Randall’s Years in Cuba

Margaret Randall, To Change the World: My Years in Cuba (Piscataway, NJ: Rutgers University Press, 2009), 256 pages, $24.95, paperback.

Margaret Randall has always been too much of a feminist for the socialists and too much of a socialist for the feminists. She is one of the foremost oral historians of recent revolutionary history and, more specifically, of the history of women in revolutions. Yet her work has been consistently undervalued. Her memoir…is a rare double opportunity: an intimate look at the Cuban Revolution from 1969 to 1980, and a fascinating portrait of the development of a historian, poet, and political thinker.… | more…

PolyluxMarx: An Illustrated Workbook for Studying Marx's Capital

PolyluxMarx: An Illustrated Workbook for Studying Marx’s Capital

Reading Capital can be a daunting endeavor and most readers need guidance when tackling this complex work. PolyluxMarx provides such guidance. Developed by scholars and political activists associated with the Rosa Luxemburg Stiftung (Foundation), one of the leading political education institutions in Germany, this book has been field tested with groups studying Marx’s masterpiece over several years. It consists of a large set of PowerPoint presentations, combined with detailed annotations and suggestions for ways to discuss the material. Each page illustrates a central argument from Capital, provides helpful introductory texts, and supplies notes on methodology and teaching tips. PolyluxMarx is an ingeniously devised illustrated workbook that will help readers grasp the key arguments of Capital.… | more…

Socialist Register 2014: Registering Class

Socialist Register 2014: Registering Class

For fifty years, the Socialist Register has brought together some of the world’s leading radical thinkers to address the most pressing issues of the day. Independent, searching, and erudite analysis is the hallmark of the Socialist Register, and this fiftieth-anniversary issue is no exception. Contributors to Registering Class examine some of our assumptions about class in the light of the global economic crisis and the many forms of resistance it has produced.… | more…

What is Maoism?

Anuradha Ghandy (Anu as we knew her) was a member of the central committee of the Communist Party of India (Maoist) [CPI (Maoist)]. Early on, she developed a sense of obligation to the poor; she joined them in their struggle for bread and roses, the fight for a richer and a fuller life for all. Tragically, cerebral malaria took her away in April last year. What is this spirit that made her selflessly adopt the cause of the damned of the Indian earth—the exploited, the oppressed, and the dominated—as her own? The risks of joining the Maoist long march seem far too dangerous to most people, but not for her—bold, courageous and decisive, yet kind, gentle and considerate. Perhaps her days were numbered, marked as she was on the dossiers of the Indian state’s repressive apparatus as one of the most wanted “left-wing extremists”. That oppressive, brutal structure has been executing a barbaric counter-insurgency strategy—designed to maintain the status quo—against the Maoist movement in India. What is it that is driving the Indian state, hell bent as it is to cripple and maim the spirit that inspires persons like Anu? Practically the whole Indian polity.… | more…

Saying More with Less: Eduardo Galeano interviewed by Jonah Raskin

Eduardo Galeano, who was born in Uruguay in 1940, has written big, thick books. Open Veins of Latin America (1973), which Hugo Chávez of Venezuela handed to Barack Obama in May, hoping it would teach him history, is more than 300 pages. Then there’s Galeano’s Memory of Fire Trilogy: Genesis, Faces & Masks, and Century of the Wind that adds up to nearly 1,000 pages. More recently, he has written shorter books, and practiced a kind of ecology of the word. Mirrors, his newest work, contains more than one hundred short entries about almost everything — from salt to maps and money, and almost everyone, from Cleopatra to Alexander Hamilton and Che Guevara. None of the entries is longer than a single page. Not surprisingly, Galeano’s answers to the questions in this interview are pithy, poetic, humorous, and sometimes oblique. “I’m fighting word inflation, which in Latin America is worse than monetary inflation,” he says. “I try to say more with less — because less is more.” -J.R.… | more…

Three Essays on Marx's Value Theory

Three Essays on Marx’s Value Theory

In this slim, insightful volume, noted economist Samir Amin returns to the core of Marxian economic thought: Marx’s theory of value. Amin defends Marx’s theory of value against its critics and also tackles some of its trickier aspects. He examines the relationship between Marx’s abstract concepts—such as “socially necessary labor time”—and how they are manifested in the capitalist marketplace as prices, wages, rents, and so on. He also explains how variations in price are affected by the development of “monopoly-capitalism,” the abandonment of the gold standard, and the deepening of capitalism as a global system.… | more…

The Implosion of Contemporary Capitalism

The Implosion of Contemporary Capitalism

Renowned political economist Samir Amin, engaged in a unique lifelong effort both to narrate and affect the human condition on a global scale, brings his analysis up to the present—the world of 2013. The key events of our times—financial crisis, the emerging nations, globalization, financialization, political Islam, Euro–zone implosion—are related in a coherent, historically based, account. … | more…

Jews Confront Zionism

One of the main accomplishments of the Israeli government’s bombing and invasion of the Gaza Strip last winter was to inspire new vitality within leftist and peace groups in solidarity with the Palestinian struggle for justice and liberation. This wave of activity has continued after the supposed ceasefire, with demonstrations and direct actions from New York to Los Angeles, Paris, Jaffa, and Tel Aviv. Most noteworthy has been a coming out of sorts of an increasingly large and vocal segment of the Jewish world that is not only opposed to the Israeli government’s wars and military occupations, but critical of Zionism itself.… | more…

Marxism, the United States, and the Twentieth-Century

The previous century now seems to be drawing away from us at an increasing speed, especially in the global society’s existing superabundance of communications. Readers of Monthly Review know that the basics have remained the same in the all too physical world of capitalism and neocolonialism, as much as they might have changed in terms of resistance and apparent alternatives. Still, as the graying of the 1960s generation continues, and the New Deal era draws ever further into a kind of archeology, a summing up of some points is useful and may even be fun.… | more…

Why Socialism?

Is it advisable for one who is not an expert on economic and social issues to express views on the subject of socialism? I believe for a number of reasons that it is.… Clarity about the aims and problems of socialism is of greatest significance in our age of transition. Since, under present circumstances, free and unhindered discussion of these problems has come under a powerful taboo, I consider the foundation of this magazine to be an important public service.… | more…

One Day in December: Celia Sánchez and the Cuban Revolution

One Day in December: Celia Sánchez and the Cuban Revolution

Celia Sánchez is the missing actor of the Cuban Revolution. Although not as well known in the English-speaking world as Fidel Castro and Che Guevara, Sánchez played a pivotal role in launching the revolution and administering the revolutionary state. The product of ten years of original research, One Day in December draws on interviews with Sánchez’s friends, family, and comrades in the rebel army, along with countless letters and documents. This is the extraordinary story of an extraordinary woman who exemplified the very best values of the Cuban Revolution: selfless dedication to the people, courage in the face of grave danger, and the desire to transform society.… | more…