MR Online
A Monthly Review project providing daily news and analysis of capitalism, imperialism and inequality rooted in Marxian political economy
Countries in the continent of Asia
The debate over inequality has become hotter world-wide. While Trump had introduced substantial tax cuts for the rich in 2017, and Britain’s Boris Johnson, the front-runner to succeed Teresa May, has promised to do the same if he becomes Prime Minister, there are strong proposals for taxing the rich which have also been mooted. Bernie […]
On the one hand, people who spend most of their time working develop an understanding of the ‘practical transformation of the world’. This framework is implicit in the workers’ activity, since the worker–given the theft of their time–is often prevented from having a ‘clear theoretical consciousness of this practical activity’.
That raises a whole range of very familiar and long-standing issues that have afflicted the Left, leading to debates in India (and no doubt in other places as well) between the organised Left and what has come to be called the “ultra-Left” and the insurgent Left.
Tricontinental: Institute for Social Research launches its eighteenth dossier, “The Only Answer Is to Mobilize the Workers.” The challenges facing Indian workers and their strategies to fight back are explained through the insights and expertise of K. Hemalata, president of the Center of Indian Trade Unions (CITU).
In the final part of Capital, Volume I on “the so-called original accumulation”, Marx gives a dazzling overview of the often violent historical phenomena that contributed to the birth of the capitalist system, “dripping from head to foot, from every pore, with blood and dirt.”
What is noteworthy is that the deceleration in import volume growth has been particularly marked in the emerging economies of Asia and Latin America, pointing to a loss of momentum in the countries that were expected to be new growth poles in the immediate aftermath of the 2007 crisis.
The Russia-China strategic partnership, consolidated last week in Russia, has thrown U.S. elites into Supreme Paranoia mode, which is holding the whole world hostage.
In this long interview with Jipson John and Jitheesh P.M., Akeel Bilgrami speaks at length on the concepts of populism, liberalism, fascism, postmodernism and post-truth.
China has increased its oil purchases from Saudi Arabia by 43 percent in April. There is every indication that China will continue to increase its buys from the kingdom during the course of this year—to substitute for Iranian oil and, perhaps, for U.S. oil.
Liberals of all stripes ought to, in the years to come, pay careful attention to the way language is deployed in public discourse, to recognize shibboleths and call them out. Neoliberal reforms were smuggled in via this route, and if the exit-polls are to be believed, fascism will be next.
The modern global economy, essentially guarantees the continued expatriation of profits and natural assets from resource-rich but capital-poor countries, facilitating the enrichment of the global economic elite and Multinational Corporations (MNC), at the expense of developing countries. To elaborate on the themes of corporate plunder, resource nationalism and people-centered forms of resource management, Tricontinental: Institute […]
At the heart of the struggle is capital’s need–Monsanto and Pepsico’s–to continuously enclose spheres and generate surpluses from creating a monopoly over something that it does not actually own.
The phenomenal growth of the services sector has created a new generation of employees. For these workers, May Day has very little meaning—what they fail to grasp is that they cannot protect their future without knowing their past.
The history of empires amply demonstrates that in their phase of decline they become more violent and bloodthirsty, and that their leaders tend to be coarser and more brutal. Not only their leaders, as Donald Trump clearly demonstrates. Also its environment of advisors reflects similar devolution, becoming something similar to what Harold Laski, referring to […]
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 […]
China formally invited Latin America to participate in the Belt and Road Initiative in January 2018, during its meeting with the Community of Latin American and Caribbean States (CELAC) in Santiago, Chile, where the Chinese and Venezuelan chancellors shook hands. Since then, 16 countries in the region have expressed their intention to be part of […]
Inequalities in our social fabric are oftentimes hidden, and hard to see from ground level. Visual barriers, including the structures themselves, prevent us from seeing the incredible contrasts that exist side by side in our cities.
The U.S. and China are the two dominant poles in the global economy, as illustrated in the figure below which traces the global trade in parts and components.
In its attack on civil liberties, its restructuring of the State to effect an acute centralization of power, and its pervasive purveyance of fear, the Modi years resemble Indira Gandhi’s Emergency. But the resemblance stops there. In fact the two differ fundamentally in several ways.
Disregard by the dominant powers of human lives in places such as Iraq has a long history. It goes back a hundred years.
MR Press News Climate & Capitalism Monthly Review