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Political Economy

Plastic Pollution covering beach in Accra, Ghana

Monopoly Capital and the Rise of the Synthetic Age

Following Harry Braverman’s assertion that we must examine “by way of concrete historical specific analysis of technology…on one side and social relations on the other” in order to understand the impact of the Scientific-Technical Revolution on our daily lives, John Hedlund and Stefano B. Longo describe the explosion of the Synthetic Age of plastics, revealing the commodification of science in service of capital. | more…

Blood in the Machine: The Origins of the Rebellion Against Big Tech, Brian Merchant

The Attenuated Politics of Popular Luddism

Mark Allison reviews Brian Merchant’s timely Blood in the Machine (Little, Brown, and Co., 2023), finding in it a compelling historical account of the original Luddite movement with important parallels to our own age of Big Tech. However, Allison asks, are the lessons drawn from Blood in the Machine even possible within the confines of capitalism? | more…

Pages from 'A Hunger Artist' published by Twisted Spoon Press

Hegemony and the Subaltern in Kafka’s “Josephine the Singer”

Christian Noakes invites readers into a literary exploration of Franz Kafka’s short story, “Josephine the Singer.” After all, as the author notes, “Kafka’s often nightmarish stories reflect many of the social, political, and cultural dynamics inherent under capitalism.” In applying this notion to “Josephine the Singer,” Noakes discovers a tale that describes not only the mechanisms of domination that constrain us, but the possibilities of a new consciousness, and a new world. | more…

Bit Tyrants The Political Economy of Silicon Valley by Rob Larson

Bit Despotism: The Genesis of High-Tech Monopolies

In this review of Bit Tyrants by Rob Larson, Mateo Crossa finds and expands on how the powerful actors of Silicon Valley have fashioned themselves into the new, unapologetic robber barons, operating in the shadows of political lobbying to maintain their monopolistic practices in the Global North while shamelessly engaging in the naked exploitation of the workers in the Global South. Crossa echoes Larson’s call for liberation from these tyrants, bringing attention to the necessity of socialism—both on- and offline—to agitate for democratic control over the technology and Internet platforms that increasingly penetrate our daily lives. | more…

Chart 3. Incremental Output-Capital Ratio (5-Year Trailing Averages), China and the United States, 2000–2005 through 2018–2022

Surplus Absorption, Secular Stagnation, and the Transition to Socialism: Contradictions of the U.S. and the Chinese Economies since 2000

Minqi Li and Lingyi Wei look to the Chinese and U.S. economies to illustrate the contradictions of secular stagnation, concluding that both economies will likely face great challenges in the decades to come. However, they write, progressive economic policies could change China’s future, encouraging massive investment into the state sector and bringing about the transition to a fully socialist society. | more…

Billboard reading "Clear waters and green mountains"

Marxist Ecology in China: From Marx’s Ecology to Socialist Eco-Civilization Theory

Since the 1980s, Chinese writers and thinkers have been engaging with Marxist ecology, constructing a theoretical system that starts with interpretation of Marx and Engels themselves. Chen Yiwen takes stock of how this framework progressed toward an overarching theory of ecological civilization, generating new questions to be answered at every stage of development. | more…

President Biden and Prime Minister Modi of India before the 2023 G20 Summit

Sub-Imperialist India in Washington’s Anti-China “Pivot”

Bernard D’Mello describes India’s role as a collaborator in the U.S. anti-China Indo-Pacific project. This role, he elaborates, grows directly from the imperial/sub-imperial relationship between the United States and India, which manifests itself in border disputes, military exercises, diplomacy, economic ties, and more, has heightened hostilities in the Indo-Pacific region while benefiting the power elite of both countries. | more…

The U.S. Army Research Laboratory and the University of Southern California opened a new collaborative research facility yesterday at the USC Institute for Creative Technologies facility in Playa Vista, California

UARCs: The American Universities that Produce Warfighters

Sylvia Martin reveals the deep linkages between U.S. universities and the military-industrial complex through the Department of Defense’s University Affiliated Research Centers. These programs utilize colleges and universities as research and development labs for the U.S. imperial war machine, blurring the lines between ostensibly independent institutions and the military academy and enabling the further expansion and normalization of the warmaking apparatus throughout U.S. society. | more…

Civilian Conservation Corps

Listen to the Ecologists!

In this reprise from 1992, former MR editors Harry Magdoff and Paul M. Sweezy look toward the end of the recession then plaguing the United States, seeing choice looming on the horizon: Will the progressive left attempt to reform capitalism, or replace it entirely? Capital’s inexorable thirst for growth beyond natural limits, they write, means we must choose the latter—”if we care about the future of the human species…we had better listen to the ecologists.” | more…

Knowledge as Commons: Toward Inclusive Science and Technology

Knowledge as Commons: Toward Inclusive Science and Technology

Knowledge as Commons traces the historical path towards the privatization of knowledge, situating science, technology and the emergence of modern nations in a larger historical framework. Author Prabir Purkayastha asks: Do the needs of society drive science and technology? Or do developments in science and technology provide the motor force of history? Has this relationship changed over time? Purkayastha shows us that, with profit as its sole aim, capital claims to own human knowledge and its products, fencing them in with patents and intellectual property rights. Neoliberal institutions and policy diktats from the West have installed a global system in which knowledge, that limitless resource,

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