The publication last month of The Age of Monopoly Capital: The Selected Correspondence of Paul A. Baran and Paul M. Sweezy, 1949–1964, edited by Nicholas Baran and John Bellamy Foster, constitutes a landmark for Monthly Review Press. A historical document in itself, The Age of Monopoly Capital is not simply about the writing of their magnum opus, but also provides a window onto an entire era of American life. | more…
The idea of total liberation from work, in its one-sidedness and incompleteness, is ultimately incompatible with a genuinely sustainable society. The real promise of a system of labor beyond capitalism rests not so much on its expansion of leisure time, but rather on its capacity to generate a new world of creative and collective work, controlled by the associated producers. | more…
The present Russia panic follows an entire century of fearmongering and “threat inflation,” dating to the Russian Revolution, that has long served the interests of the U.S. military-industrial complex and security state. It has had little to do with either Russian or American realities, which have been consistently distorted. | more…
Class conflict, from both below and above, has long shaped the history of housing in Britain. These struggles continue today, as the ravages of neoliberalism have forced public housing once again onto the agenda in the United Kingdom. | more…
From 1972 to 1989, an obscure sect of Danish Maoists developed a unique synthesis of orthodox Marxism-Leninism, theories of imperialism and unequal exchange, and legal and illegal practice that distinguishes it from any other group then active in Europe or North America. | more…
Paul A. Baran and Paul M. Sweezy were two of the leading Marxist economists of the twentieth century. Their seminal work, Monopoly Capital: An Essay on the American Economic and Social Order, published in 1966, two years after Baran’s death, was in many respects the culmination of fifteen years of correspondence between the two, from 1949 to 1964. During those years, Baran, a professor of economics at Stanford, and Sweezy, a former professor of economics at Harvard, then co-editing Monthly Review in New York City, were separated by three thousand miles. Their intellectual collaboration required that they write letters to one another frequently and, in the years closer to 1964, almost daily. Their surviving correspondence consists of some one thousand letters. | more…
The fundamental humanist values of the Russian Revolution still capture the imagination. As an experience of history and a methodology for transforming the world into a community, the revolution’s legacy has persisted far beyond the failed experiment of state socialism itself. | more…
Throughout Eastern Europe, there was an unleashing of pent-up questions, hopes, and fears brewing for decades. There was a sense that the ground was trembling underneath these experiments in socialism. It was clear to most of us that socialism could only survive through radical democratization. | more…
For a century, the counterrevolutionary reaction to the events of October 1917 has arguably been the most determining ideological factor in Western politics. Today the victory of that counterrevolution is complete, but Western powers still need their inherited antithesis, in changing form, as self-justification. | more…
Russell was both a liberal and a socialist, a combination perfectly comprehensible in his time, but almost unthinkable today. As a liberal, he opposed concentrations of power in all its military, governmental, and religious manifestations. But as a socialist, he equally opposed the concentrations of power stemming from the private ownership of the means of production, which therefore had to be put under social control. | more…
The liberation struggles of peoples in the global South have been and still are closely linked with the challenge to capitalism. Indeed, the conflicts between capitalism and socialism and between North and South are inseparable. No socialism is imaginable outside of universalism, which implies the equality of peoples. | more…
Gaining Independence in 1975, Mozambique’s government proclaimed a progressive approach toward women’s liberation, seeing it as essential for the continued success of the revolution. Stephanie J. Urdang, who traveled often to Mozambique, examines women’s status there ten years later, talking with women in factories and fields, village co-operatives, and state farms. Urdang produces an inspiring yet sobering picture of how African women continued to struggle for their survival and their liberation. Drawing on scholarly research as well as first-hand investigation, And Still They Dance says much about the daily lives of women living in independent Mozambique after the revolution. | more…