Top Menu

Political Economy

Histories of Racial Capitalism

Histories of Racial Capitalism and the Dynamics of the Capitalist System

The term racial capitalism is a bit of a shibboleth. Those who invoke the phrase draw from a longstanding tradition of radical scholarship that brings attention to the material force of racialism in systems of capitalist domination. There is, however, a mounting critique that questions the term’s usefulness, casting doubt on the scholarly project initiated by Cedric Robinson. In the face of such concerns, Histories of Racial Capitalism is a much needed contribution. | more…

Monthly Review Volume 73, Number 10 (March 2022)

March 2022 (Volume 73, Number 10)

The struggle over schools today requires battles over both the privatization of education and the current attempts to limit its social content and meaning. Those fighting against this changing totality must align themselves with the embattled radical teachers in the trenches. In the famous words of Grace Lee Boggs, more than a half-century ago, it is necessary to create “a new system of education that will have as its means and its end the development of the great masses of people to govern over themselves and administer over things.” | more…

Wladyslaw T Benda - The Earth with the Milky Way and Moon

Nature as a Mode of Accumulation: Capitalism and the Financialization of the Earth

From September to November 2021, overlapping with the 2021 UN Climate Change Conference negotiations in Glasgow, three major interrelated developments occurred in global finance. Taken together, these changes mark a turning point in the financial expropriation of the earth and the culmination of a theoretical shift in the dominant economic paradigm aimed at the unlimited accumulation of total capital, which is now seen as including “natural capital.” | more…

Beyond Leviathan: Critique of the State

The End of the Trilogy

In Beyond Leviathan: Critique of the State, István Mészáros closes a trilogy that was first outlined in Marx’s Theory of Alienation, later greatly developed in Beyond Capital, and is now concluded in this new work. Throughout his immensely rich work, Mészáros developed, amid many original formulations, an increasingly relevant concept: capital’s order of social metabolic reproduction. | more…

Revisiting Marx on Race, Capitalism, and Revolution

Did Karl Marx have a theory of race and capitalism? Not exactly, but he theorized on these issues over four decades and much of what he wrote still speaks to us today. At a time of global and U.S. struggles for liberation in the face of a deeply racialized fascist threat, these writings are worth revisiting. | more…

Zora Neale Hurston Plays at the Library of Congress

What 1930s Radicals Totally Knew: Scott Borchert on the Federal Writers’ Project

Scott Borchert on the Federal Writers' Project

The Great Depression is almost one century old. Today in the United States we remember this international economic collapse, and the suffering it engendered, by reading novels and essays about it, watching plays, viewing paintings—often forgetting that the U.S. government of that time encouraged and financially supported much of this art. Not only art: the Depression was one of the few times that the federal government ever stepped in to help ordinary people get on their feet. | more…