The most critical problem is that three reactors in the Fukushima Daiichi nuclear power plant had been damaged and the 250 tons of more than 1600 spent fuel rods were “reckoned” to have fallen to the bottom of the reactor vessel after having melted at high temperatures. The radiation level there was too high for […]
The Monthly Review essay series
Something unusual has just happened. The current Economic Report of the President (March 2019)has devoted one full chapter to attacking socialism, under the title “Markets versus Socialism.”
Historically, capitalism develops institutions and ideologies that justify surplus extraction and capital accumulation. In the last decades of the twentieth century, the financialization of capitalism initiated a new era of accumulation which is known in academic contexts as finance-capital-driven neoliberalism.
Both Sweezy and Dimitrov agree that fascism arises in the middle class and becomes a threat when the bourgeoisie embraces it, but Sweezy’s unique contribution is to demonstrate fascism’s relationship to the postwar transitional period of class equilibrium.
Monopoly capitalism emerged from “laissez-faire” capitalism in the late nineteenth and early twentieth centuries, allowing giant corporations to dominate the accumulation process.
This previously unpublished essay is taken from volume 1 of Mészáros’s Beyond Leviathan: Critique of the State, which remained incomplete at the time of his death in October 2017. —The Editors