• Monthly Review
  • Monthly Review Press
  • Climate & Capitalism
  • Money on the Left
  • Twitter
  • Instagram
  • YouTube
  • Mastadon
MR Online
  • Home
  • About
  • Contact/Submission
  • Browse
    • Recent Articles Archive
    • by Subject
      • Ecology
      • Education
      • Imperialism
      • Inequality
      • Labor
      • Literature
      • Marxism
      • Movements
      • Philosophy
      • Political Economy
    • by Region
      • Africa
      • Americas
      • Asia
      • Australasia
      • Europe
      • Global
      • Middle East
    • by Category
      • Art
      • Commentary
      • Interview
      • Letter
      • News
      • Newswire
  • Monthly Review Essays
  • Financial Markets Under Capitalism

    The inevitable financial crisis

    Originally published: Naked Capitalism on October 3, 2022 (more by Naked Capitalism)

    Like a traveler sailing the Archipelago who sees the luminous mists lift toward evening, and little by little makes out the shore, I begin to discern the profile of my death.
    — Marguerite Yourcenar, Memoirs of Hadrian

  • Lethal league table of tribulations

    Free market genocides: The real history of trade

    Originally published: Naked Capitalism on September 22, 2022 (more by Naked Capitalism)

    Yves here. This piece gives a wide ranging, historically based description of how free market ideology supported colonialist exploitation and often expropriation under the banner of trade.

  • Student Loan Forgiveness

    Joe Biden could have gone a lot further on student loans

    Originally published: Naked Capitalism on August 27, 2022 (more by Naked Capitalism)

    Yves here. There have been a lot of suggestions about how to improve the Biden student debt forgiveness plan.

  • Flags of Russia and Ukraine

    Russia’s campaign in Ukraine: Nearing an inflection point?

    Originally published: Naked Capitalism on July 18, 2022 (more by Naked Capitalism)

    Notice how the amount of Western reporting on Ukraine has fallen off dramatically? That’s because the war is going well for Russia and its allies.

  • Xi Jinping, China’s leader

    Michael Hudson v. George Soros on China’s Rejection of “Market” Capitalism

    Originally published: Naked Capitalism on September 1, 2021 (more by Naked Capitalism)

    This article would have been very useful if it had stuck to its headline warning, which is more or less along the lines that Xi has made very clear that he’s not going to allow investors, above all foreign investors, to exercise more influence in Chinese business and society.

  • At an establishment in Sydney, Australia, that accepts payment in bitcoin.

    Crypto crackdown: only the beginning?

    Originally published: Naked Capitalism on May 24, 2021 (more by Naked Capitalism)

    The cost and time involved in validating Bitcoin transactions makes it unusable in retail transactions. So they will always be foreign currencies, where you have to trade in and out of them into a real world currency.

  • China flag

    Michael Hudson: America’s neoliberal financialization policy vs. China’s industrial socialism

    Originally published: Naked Capitalism on April 15, 2021 (more by Naked Capitalism)

    Nearly half a millennium ago Niccolo Machiavelli’s The Princedescribed three options for how a conquering power might treat states that it defeated in war but that “have been accustomed to live under their own laws and in freedom.

  • New Cold War: Ukraine and Beyond Michael Hudson on the New World Order - New Cold War: Know Better

    Michael Hudson – Changes in Super Imperialism

    Originally published: Naked Capitalism with Oscar Brisset and Michael Hudson on February 6, 2021 (more by Naked Capitalism with Oscar Brisset and Michael Hudson)

    Yves here. Get a cup of coffee. This is another meaty talk with Michael Hudson, this time focusing on his classic Super Imperialism. Hudson has an updated and expanded version set to go to print soon.

  • michael_swan Follow Lockdown Protesters An anti-lockdown protest at Queen's Park April 25 attracted about 200 who claimed measures to control the spread of COVID-19 are an infringement of freedom.

    The lockdown protestors are not working class

    Originally published: Naked Capitalism on May 19, 2020 (more by Naked Capitalism)

    Sarah Jones, in The Coronavirus Class War in New York Magazine, does a neat, tidy job of kneecapping the notion that the anti-lockdown protests are manned by workers who want to get back to their jobs so they can start making money again.

  • A new Brookings study, performed by Lauren Bauer based on a late April 2020 survey

    Hunger rises dramatically in America

    Originally published: Naked Capitalism on May 7, 2020 (more by Naked Capitalism)

    Given the dramatic rise in unemployment, cuts in hours, and sharp decline in gig economy work, it isn’t surprising that hunger is becoming more common, particularly among families with children. Nearly half the U.S. couldn’t withstand a $400 emergency, and most households that have taken hits are seeing bigger income losses than that.

  • Euractiv Parliament committee gives CETA thumbs down – EURACTIV.com

    After bloody day, Coronavirus meltdown continues. Big danger: Italian and Eurobanks are set to blow

    Originally published: Naked Capitalism on March 12, 2020 (more by Naked Capitalism)

    There are so many wheels coming off that analysts and the business press is on coronavirus crisis overload. And unlike 2008, the Fed can’t save anyone from the Grim Reaper.

  • U.S. Army Europe_ Medics and MPs Train During Allied Spirit

    Coronavirus: Bracing for the economic shockwave

    Originally published: Naked Capitalism on March 2, 2020 (more by Naked Capitalism)

    The information-aware and many in the medical industry are nervously watching the news about coronavirus spread and mortality rates. What we know so far isn’t pretty.

  • Steam Community :: Guide :: The Game of Capitalism in DF2

    The “fixing capitalism” headfake

    Originally published: Naked Capitalism on December 11, 2019 (more by Naked Capitalism)

    It’s not hard to see why young people are embracing socialism. It isn’t simply that they can see a probable grim future under capitalism as they know it: more and more low-wage, high surveillance jobs versus more budget and psychological stress as most also have higher fixed costs (rentier housing costs, student loan payments, even more “asset lite, rent heavy” systems, ever-escalating health care costs).

  • And Forgive Them Their Debts: Lending, Foreclosure, and Redemption from Bronze Age Finance to the Jubilee Yea r

    Everything you thought you knew about Western Civilization is wrong

    Originally published: Naked Capitalism on November 16, 2018 (more by Naked Capitalism)

    A Review of Michael Hudson’s new book AND FORGIVE THEM THEIR DEBTS

  • EU leaders argue the US is seeking to exploit the sanctions to Europe's detriment

    Are the latest Russia sanctions really about forcing U.S. LNG on Europe?

    Originally published: Naked Capitalism on July 26, 2017 (more by Naked Capitalism)

    Unlike past sanctions against Russia, which European governments have backed, albeit with some grumbling, since some countries, particularly Germany and the Netherlands, have commercial ties with Russia, the EU is opposed to the latest US campaign.

  • Globalization chart

    Globalization and executive compensation

    Originally published: Naked Capitalism on June 9, 2017 (more by Naked Capitalism)

    Growing inequality has been one of the most salient features of the US economy over the last 40 years. A variety of explanations for this rapid growth in top incomes have been proposed, including growing firm size new technology, the market for superstars, poor governance, and changes in top tax rates.

Monthly Review Essays

  • US Imperialism in Crisis: Opportunities and Challenges to a Global Community with a Shared Future
    Sam-Kee Cheng A late 1940s Soviet poster showing a US military service member lounging on top of a German factory, smoking a cigar. The text beneath reads DER DOLLARIMPERIALISMUS [dollar imperialism].

    1. Introduction The predominance of US economic, political and military power in the world was established at the end of the Second World War.1 With just 6.3 percent of global population, the United States held about 50 percent of the world wealth in 1948. As the only power which had used nuclear weapons on civilian […]

Lost & Found

  • Strike at the Helm: The First Ministerial Meeting of the New Cycle of the Bolivarian Revolution
    Hugo Chávez Mural of Chávez in Caracas. (Univision)

    On October 7th, 2012, after hearing of his victory as the nation‘s candidate with 56 percent of the vote, President Hugo Chávez Frias announced from a balcony in his hometown that a new cycle was beginning the very next day, October 8th.

Trending

  • Activist Greta Thunberg stands near the stage during a pro-Palestinian demonstration in Mannheim, Germany, on Dec. 6, 2024. Uwe Anspach | AP
    From media darling to persona non grata: Greta Thunberg’s journey
  • ESSAY: The Intellectual Origins of Imperialism and Zionism, Edward Said, 1977
    ESSAY: ‘The Intellectual Origins of Imperialism and Zionism’, Edward Said, 1977
  • Grygorii Osovyi, President of the Federation of Trade Unions of Ukraine, arrested, Trade Union House seized.
    NATO-backed Ukraine escalates war on labor: Union leaders arrested, halls seized
  • Fire engulfs a classroom at the Fahmi Al-Jargawi School in Gaza City following an Israeli strike, May 26, 2025.
    One day, everyone will have always been against this
  • Is China finally breaking the U.S. stranglehold?
  • US Defense Secretary Pete Hegseth delivers his speech during 22nd Shangri-La Dialogue summit in Singapore, Saturday, May 31, 2025. [AP Photo/Anupam Nath]
    U.S. demands Asian allies prepare for “imminent” war against China
  • Trump
    Billions ripped from minority-owned firms under Trump
  • Pizza
    Pizza goeth before a ball? Changes in Americans’ eating habits foretell a deep recession
  • Capitalism IS the Crisis May 25, 2013 March from Union Square to Washington Square New York, NY
    An enduring myth about capitalism
  • Palestinians after an Israeli air strike in the northern Gaza Strip [Photo by UN Photo/Shareef Sarhan / CC BY-NC-ND 2.0]
    Israeli academics issue open letter condemning Gaza genocide

Popular (last 30 days)

  • This satellite image from Planet Labs PBC shows six U.S. B-2 stealth bombers parked at Camp Thunder Cove in Diego Garcia on April 2, 2025. Though officially deployed for operations in Yemen, the presence of these nuclear-capable aircraft in striking range of Iran has raised concerns that the U.S. is quietly preparing to support a potential Israeli attack. Photo | AP
    Staging for a strike? U.S. quietly moves bombers as Israel prepares to hit Iran
  • Why does the US support Israel?
    Why does the U.S. support Israel? A geopolitical analysis with economist Michael Hudson
  • Wood gavel and open handcuffs symbolizing freeing judge decisions
    High Court opens door to police accountability
  • America is a scam
    America is a scam
  • Karl Marx
    150 years since the Critique of the Gotha Programme
  • Cristin Milioti in Black Mirror Season 7
    Black Mirror still absorbs
  • President Maduro was unscathed from the attack (Hugoshi)
    ‘Neoliberal and authoritarian’? A simplistic analysis of the Maduro government that leaves much unsaid
  • BRAIN DRAIN slideshare.net
    America’s great brain drain
  • New York City retirees protest attempts to priviatize their Medicare.
    Medicare Advantage: The $1.2 trillion in government waste that Trump won’t cut
  • Law concept: habeas corpus. Under United States law, a writ of habeas corpus is a command from a court to the custodian of a particular individual (usually the state or federal prison system) to release that individual. A petition for a writ of habeas corpus is a common mechanism by which a criminal case can be reviewed even after the appellate process has run its course.
    Trump administration moves to eliminate Habeas Corpus

RSS MR Press News

  • EXCERPT: Colonial dreams, racist nightmares, liberated futures (from the introduction to A Land With A People) June 6, 2025
  • LISTEN: Gramsci’s lasting contributions (Andy Merrifield on ‘Against the Grain’) June 6, 2025
  • Why did Marxism fall into such deep crisis in the West? (Western Marxism reviewed in ‘Socialism and Democracy’) June 5, 2025
  • A remarkable personal journey WATCH: Andy Merrifield, author of Roses for Gramsci, at The Marxist Education Project June 4, 2025
  • LISTEN: Erald Kolasi on the podcast ‘Real Progressives’ (The Physics of Capitalism) May 19, 2025

RSS Climate & Capitalism

  • We’re taking a break. June 9, 2025
  • 1.5 is dead: How hot will the Earth get? June 5, 2025
  • Carbon capture company emits more than it captures June 3, 2025
  • Some thoughts on Nature and the German Peasants’ War May 23, 2025
  • Ecosocialist Bookshelf, May 2025 May 19, 2025

 

RSS Monthly Review

  • June 2025 (Volume 77, Number 2) June 1, 2025 The Editors
  • The Trump Doctrine and the New MAGA Imperialism June 1, 2025 John Bellamy Foster
  • The War in Ukraine—A History: How the U.S. Exploited Fractures in the Post-Soviet Order June 1, 2025 Thomas I. Palley
  • Big Pharma and Monopoly Capital: Four Dynamics in the Decline of Innovation June 1, 2025 Jia Liu
  • What’s going on June 1, 2025 Marge Piercy

This work is licensed under a Creative Commons
Attribution-NonCommercial-NoDerivatives 4.0 International License.

Creative Commons License

Monthly Review Foundation
134 W 29TH ST STE 706
New York NY 10001-5304

Tel: 212-691-2555