MR Online
A Monthly Review project providing daily news and analysis of capitalism, imperialism and inequality rooted in Marxian political economy
In my research I have argued that rising global inequality is driven in large part by power imbalances in the global economy, in that rich countries have disproportionate influence when it comes to setting the rules of international trade and finance.
The situational systematic position of Black women, particularly in the US, has long been explained throughout the decades whether it has been called “triple oppression”, “double jeopardy”, or more notably, “intersectionality”.
After nearly half a century of pillage, outrage and crimes of all kinds against society and the environment, we witness the downfall of the ruling model promoted enthusiastically by the governments of advanced capitalist countries; institutions like the International Monetary Fund (IMF) and the World Bank; and self-righteous intellectuals and establishment politicians.
After the City met the union’s final demand regarding days missed due to the strike, the CTU declared a victory and classes will resume tomorrow.
President Evo Morales emerged victorious in the first round of presidential elections in Bolivia held on October 20 but the opposition is set on rejecting the results
From Chile to Lebanon, young people are demonstrating—in street protests and voting booths—that they’ve had enough of being disciplined and punished by the current development model.
It’s all kicking off everywhere in 2019. Haitians are revolting against a corrupt political system and their President Jovenel Moïse, who many see as a kleptocratic U.S. puppet. In Ecuador, huge public manifestations managed to force President Lenín Moreno to backtrack on his IMF-backed neoliberal package that would have sharply cut government spending and increased […]
You may recall that from 17 September 2019, the United States Federal Reserve injected massive amounts of liquidity into banks due to a quite abnormal situation on the repo market.(1) The repo market designates a mechanism used by banks to obtain short-term financing. They sell securities they hold in repurchase agreements (repo).
This short, readable and stimulating book begins with the author overturning perceived knowledge about the 18th century economist Robert Malthus.
Last week 36,000 Bedouin–all of them Israeli citizens–discovered that their state is about to make them refugees in their own country, driving them into holding camps. These Israelis, it seems, are the wrong kind.
When we think “immigrants in America” we rarely consider those who are privileged and weaponized in service of American Empire.
With Extinction Rebellion growing rapidly across the world in the fight against climate change, John Molyneux gives his perspective on how socialists should respond to this phenomenon.
As we wait impatiently while the Brits go through the interminable travail of Brexit, let us have a look at who they are. Not directly in a social, cultural or political sense, but by reviewing the data on UK employment. Work gives a foundation for people’s daily lives and will, in turn, have an impact […]
Climate change is occurring, highlighted by dramatically shifting weather patterns and ever more deadly storms, floods, droughts, and wildfires. And the evidence is overwhelming that it is driven by the steady increase in greenhouse gases in our atmosphere, especially carbon dioxide and methane, produced by our fossil fuel-based economic system.
This is a love letter to Extinction Rebellion.
Protests that started over a hike in public transport fares boiled into massive marches. The government responded with heavy repression. At least 18 people have been killed, hundreds have been injured, and over 7,000 arrested.
They seek to develop an economic model to prevent the application of IMF policies against the Ecuadoreans.
Cuban Foreign Minister Bruno Rodríguez denounces destabilization campaign and violence.
“We need to decide if we want to live in a world in which autonomous weapons systems identify and attack targets faster than humans can think.”
The World Bank’s World Development Report (WDR), published every year since 1978, plays a similar role to that of the state of the union address in the US, in which the president hopes to keep the faith of the Congress and public.
MR Press News Climate & Capitalism Monthly Review