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…
This month’s “Notes from the Editors” marks the 30-year anniversary of the United Nations Framework Convention on Climate Change. The abject failure of this framework to enact meaningful progress on the planetary crisis continued to be on full display in 2022, including at November’s COP27 in Egypt. | more…
Pyotr Kondrashov takes a deep dive into Lenin’s understanding of social dialectics. This exploration gives rise to an approach to that places the active human subject squarely in the center of a revolutionary Marxism that goes “beyond Marx,” furthering the struggle for a liberated society. | more…
How the Workers’ Parliaments Saved the Cuban Revolution brings us to the heart of one of the most precarious and transformational moments in Cuba’s evolution. As the Soviet Union fell to pieces in the 1990s, Cuba managed to evade the fate of its primary trading ally. How was this possible, especially as Cuba endured relentless attacks from the capitalist behemoth directly to its north? | more…
The crypto winter, Ramaa Vasudevan writes, is here. Cryptocurrency, far from being a democratizing force in finance, has led to only further concentrations of wealth and power and increased precarity within the financial sector. The recent fall of Sam Bankman-Fried is only the beginning. | more…