As the Pentagon gains approval for yet another record-breaking budget, the editors examine a perennial question: Why does the United States oligarchy need such an outsized military machine in the modern era? The answer is found in the current era of naked imperialism, accompanied, as always with deadly militarism. | more…
Helena Sheehan turns her incisive eye on the so-called anti-disinformation industry, and wondering whether the mainstream media is using a newfound interest in fact-checking, fake news, and disinformation studies to conceal deeper biases, ones that occlude the hidden ideologies deceiving much of the public. | more…
These essays, by two of the foremost scholars who worked in the Marxist tradition on African economic and social issues, offers an overview of socialism and economic development, and of nationalism and revolution in sub-Saharan Africa; of labor, peasantries, and populism. It includes case studies of Tanzania, Rhodesia, and Mozambique.
The working class is being robbed, both through outright expropriation and the more hidden exploitation of countless workers who are struggling to make ends meet while capitalists pocket the surplus value they produce. Fred Magdoff and John Bellamy Foster dissect the neoliberal assault on the working class that is spurring a new generation of labor organizing. | more…
The success of the telecommunications industry in India has been heralded as a “miracle.” But a miracle for whom? The answer, Rahul Varman writes, has clearly been the capitalist class, who, over three decades, have amassed tremendous wealth and power through the machinations of large firms, in collusion with the Indian government. | more…
Andy Higginbottom analyzes the influence of Ruy Mauro Marini on dependency theory and the concept of superexploitation. Marini, he explains, carried Marx’s legacy forward—but there is still work to be done in the twenty-first century. | more…
What did Marx mean in his discussion of “so-called primitive accumulation” in Capital? Here, Ian Angus argues that the term is widely misunderstood—but its illumination reveals great insight to the conditions of exploitation and expropriation. | more…
The Fishing Revolution is a rarely explored, yet critical, event in the evolution of capitalism. Ian Angus elaborates on this revolution in the global marketplace and its role as a cornerstone of imperialism, colonialism, and capitalism in the sixteenth and seventeenth centuries. | more…
Capital, Ben Selwyn writes, has been advancing its interests under the guise of protecting “global supply chain resilience.” While those promoting the resilience agenda assert that these supply chains represent a net benefit, evidence suggests that they increase the transfer of surplus value from the Global North and, especially, in the. South. | more…
A new poem by Marge Piercy. | more…
In this reprise from October 1993, Henry Magdoff and Paul Sweezy ask: “Isn’t there anyone around here who understands how this capitalist system works?” | more…
Martin Hart-Landsberg revisits the history of the industrial re-organization of the U.S. economy during the Second World War. What can we learn from our past about the systemic changes necessary to face our future? | more…