Archive | January, 2002

  • Birth Pangs of Democracy in Nepal

    Monthly Review from Dr. Baburam Bhattarai, one of the leaders of the revolutionary forces in Nepal. We cannot fully authenticate the piece since there is a revolutionary war under way in Nepal and Dr. Bhattarai is underground. But we believe the article to be authentic from its content alone

  • The Rich, the Poor, and the Economists

    In the New York Times of December 15, 2001, there is an article titled, “Grounded by an Income Gap.” The subject of the article is the growing income gap between the richest and the poorest people in the United States, a disparity greater here than in any other industrialized nation. Apparently the reasons for this inequality have been vexing the brains of our best economists. Martin Feldstein, Harvard professor and, under Reagan, the chairman of the Council of Economic Advisors, is quoted as follows: “Why there has been increasing inequality in this country is one of the big puzzles in our field and has absorbed a lot of intellectual effort.” But, this effort has apparently been wasted, since he goes on to say, “But if you ask me whether we should worry about the fact that some people on Wall Street and basketball players are making a lot of money, I say no.”

  • A Note from the Associate Editor

    It is with great pleasure and a sense of humility that I begin work as Associate Editor of Monthly Review. The pleasure comes from living in New York City and knowing that I am working at the best-known and most important radical journal in the world. The humility comes from knowing I am working with a group of outstanding intellectuals and activists. Paul Sweezy and Harry Magdoff have been mentors for many years, and in the small ways I have been able, I have tried to pattern my life and work after that of MR founder, Leo Huberman, a great popular writer and labor educator. Now John Foster and Bob McChesney, two scholars of the highest rank, have come on board as editors. It is an honor to be on the masthead with such people.