Top Menu

Archive | Commentary

Monthly Review Magazine

Reading Bourdieu in Algeria

  Jane E. Goodman and Paul A. Silverstein, eds., Bourdieu in Algeria: Colonial Politics, Ethnographic Practices, Theoretical Developments.  Lincoln and London: University of Nebraska Press, 2009.  282 pp.  $35.00 U.S. (pb).  ISBN 978-0-8032-1362-3. Pierre Bourdieu is unequivocally one of the most important social scientists of the twentieth century, having influenced a strikingly wide range of […]

Continue Reading
Michał Kalecki

Political Aspects of Full Employment

This essay was first published in Political Quarterly in 1943; it is reproduced here for non-profit educational purposes. A shorter version of this essay was published in The Last Phase in the Transformation of Capitalism (Monthly Review Press, 1972). I 1. A solid majority of economists is now of the opinion that, even in a […]

Continue Reading

India Needs Course Correction on Iran

The agreement between Iran, Turkey and Brazil for a swap deal on the stockpile of Tehran’s nuclear fuel sets the stage for a diplomatic pirouette of high significance for regional security.  The paradigm shift affects Indian interests. The Barack Obama administration has hastily debunked the Iran-Turkey-Brazil deal, which was announced in Tehran on Monday, and […]

Continue Reading

75 Years of UAW — and Where Are We?

  This year marks the 75th anniversary of the founding of the UAW in May 1935.  In December 1936, UAW members seized GM’s Flint plants in a sit-down strike and held on for 44 days to force GM to recognize their union.  The victory set off a wave of organizing across the Midwest.  For decades […]

Continue Reading

It Is After Considerable Contemplation. . . .

  It is after considerable contemplation that I have lately arrived at the decision that I must withdraw from the two performances scheduled in Israel on the 30th of June and the 1st of July. One lives in hope that music is more than mere noise, filling up idle time, whether intending to elate or […]

Continue Reading

Iran, the Post-American World, and the Security Council’s Looming Legitimacy Crisis

The unfolding drama of the Brazil-Turkey nuclear deal and the Obama Administration’s reactive push to move a draft sanctions resolution in the United Nations Security Council will have profound effects on the character of international relations for years to come.  At least two such effects warrant particular attention. First, for those in official Washington or […]

Continue Reading

Recessions: Better for Right Than Left

For a long time, I’ve been critical of the left-wing penchant for economic crisis.  Many radicals have fantasized that a serious recession — or depression — would lead to mass radicalization, as scales simultaneously fell from millions of pairs of eyes and the imperative of transcending capitalism became self-evidently obvious.  I’ve long thought that was […]

Continue Reading

UNASUR: An Emerging Geopolitical Force

Earlier this month, as the US loudly complained about Venezuela’s decision to purchase arms from Russia, South America’s ministers of defense came together in Guayaquil, Ecuador and put the finishing touches on an agreement to develop common mechanisms of transparency in defense policy and spending.  The agreement, which also calls for the creation of a […]

Continue Reading

Israeli Public Sector’s Door Closed to Arab Workers

Unemployed computer engineer Morad Lashin would like to work in Israel’s Electricity Company, a large state utility, but admits his chances of being recruited are slim. The reasons were set out in graphic form this month when a parliamentary committee revealed that only 1.3 per cent of the company’s 12,000 workers are Arab, despite the […]

Continue Reading

No Sidestepping the Eurozone Implosion?

  A week ago eurocrats launched their campaign of overwhelming force designed to shock and awe the ”wolf pack” of professional speculators and institutional investors (hedge funds and pension fund managers) into a more docile, subservient position.  In the currency market, the shock and awe wore off after the first 48 hours, while, by the […]

Continue Reading

Iran, the Brazil-Turkey Deal, and New Sanctions: What the Media Are Missing

Two documents are driving the Iran-related news these days: the agreement announced Monday on refueling the Tehran Research Reactor (TRR) brokered by Brazil and Turkey and the draft “Elements” of a potential new Iran sanctions resolution agreed by the five permanent members of the United Nations Security Council and circulated on Tuesday to the Council’s […]

Continue Reading

Little Threat of Inflation

Falling energy prices pushed down the consumer price index 0.1 percent in the month of April.  After rising 2.7 percent from January of 2009 to January of 2010, consumer prices were unchanged over the first three months of this year.  Core prices were unchanged in April.  Inflation in the core index has risen at a […]

Continue Reading

Indigenous and American Indian Studies Scholars Speak Out against SB1070, Call for an Economic Boycott of Arizona

May 19, 2010, TUCSON — Indigenous and American Indian studies scholars are condemning Arizona Senate Bill 1070 and related legislation. “Clearly, and bluntly, the state law is racist and discriminatory against so-called ‘illegal immigrants’ crossing the borders from the South, namely from Mexico,” said Simon Ortiz, a Native American studies professor at Arizona State University, […]

Continue Reading

Public-Sector Unions

  In an age where only 7.2 percent of private-sector workers in the United States belong to unions, it may come as a surprise that 37.4 percent of all public-sector (i.e. government) workers are unionized.  Put another way, there are more public-sector workers in unions (7.9 million) than in the private-sector (7.4 million), despite the […]

Continue Reading