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The Asian Face of the Global Recession
Delegates to the World Economic Forum at Davos this year came despondent and left in despair. Both the discussions and the new evidence released at and during the Forum indicated that the global crisis was not just bad, but worse than originally anticipated. One damaging projection came from the IMF in its January 2009 Update […]
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The Global Collapse: a Non-orthodox View
This is the longer version of an essay by the author released by the British Broadcasting Corporation (BBC) on 6 February 2009. Week after week, we see the global economy contracting at a pace worse than predicted by the gloomiest analysts. We are now, it is clear, in no ordinary recession but are headed for […]
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My Six-year-old Son Should Get a Job: What Is Wrong with the Present Global Economic Order?
I have a six-year-old son. His name is Jin-Gyu. He lives off me, yet he is quite capable of making a living. I pay for his lodging, food, education, and health care. But millions of children of his age already have jobs. Daniel Defoe figured out in the 18th century that children are able to […]
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Rethinking Religion and the Modern
“Our community is expanding: MRZine viewers have increased in number, as have the readers of our editions published outside the United States and in languages other than English. We sense a sharp increase in interest in our perspective and its history. Many in our community have made use of the MR archive we put […]
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Is the Financial Crisis the Achilles Heel of Capitalist Globalization?
金融危機是全球化資本主義的罩門? 知名經濟學者阿敏專訪 Samir Amin: “It’ a monster, yes, it’s a monster, but it’s a monster which can be defeated also. This pattern of globalization, this pattern of the exclusive rule of dominant capital, that is, of oligopolies, is not acceptable and is not accepted. The breakdown is starting by the financial crisis, because financial […]
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Asia and the Meltdown of American Finance
The boardrooms and finance ministries of Seoul, Bangkok, Jakarta, and Kuala Lumpur are today filled with a fair degree of schadenfreude at America’s troubles. Schadenfreude is not a very nice emotion; Theodor Adorno once defined it as “unanticipated delight in the sufferings of another.” But asking Asia’s business and governing elites to repress shivers of […]
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Iran: Comprehensive Sustainable Development as Potential Counter-Hegemonic Strategy
The questions regarding variations in social development, economic progress, and political empowerment have produced a voluminous literature over the past century, and because of the complexity of these issues, much important reflection will continue well into the future. In the early 1980s, a United Nations’ Commission coined the term “sustainable development” as a public statement […]
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A Primer on Wall Street Meltdown
Flying into New York Tuesday, I had the same feeling I had when I arrived in Beirut two years ago, at the height of the Israeli bombing of that city — that of entering a war zone. The immigration agent, upon learning I taught political economy, commented, “Well, I guess you folks will now be […]
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Palestine in the Middle East: Opposing Neoliberalism and US Power (Part 2)
Adam Hanieh, “Palestine in the Middle East: Opposing Neoliberalism and US Power: Part 1,” MRZine, 19 July 2008. Neoliberalism, the “New Middle East” and Palestine In the late 1960s, with the definitive collapse of British and French colonialism in the Middle East, the US rose to become the dominant imperial power within the region. Because […]
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Can Reparations for Apartheid Profits Be Won in US Courts?
A telling remark about US imperialism’s double standards was uttered by Clinton-era deputy treasury secretary Stuart Eizenstat, who a decade ago was the driver of reparations claims against pro-Nazi corporations, assisting plaintiffs to gain $8 billion from European banks and corporations which ripped off Holocaust victims’ funds or which were 1930s beneficiaries of slave labor […]
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Anti-FSLN Opposition Seeks Unity to Topple Ortega Government
On June 11 the axe of Nicaragua’s Supreme Electoral Council (CSE) came down on the Sandinista Renovation Movement (MRS1) and the old historic Conservative Party of Nicaragua (PCN), now a tiny shell of its former self. The CSE unanimously decided to deregister both parties on the grounds that they had failed to fulfill the requirements […]
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China and the World Market: Thirty Years of the “Reform” Policy
It is now thirty years since the People’s Republic of China announced its market reform policy at the Third Plenum of the 11th Central Committee of the Chinese Communist Party (CCP) in December 1978, under the then new leadership of Deng Xiaoping. The policy followed the death of Mao Zedong in 1976 and the purging […]
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Profit without End: Capitalism Is Just Getting Started
Debates concerning the “Socialism of the 21st Century” are experiencing an upswing at the moment. However, this century will initially be rather one of capitalism than socialism. Not because there is once more an economic recovery. Prosperity and crisis alternate constantly in capitalism, but behind this up-and-down process are tendencies towards an extension and further […]
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The Fight of Our Lives: The War of Attrition against U.S. Labor
1. Introduction: The War We are in the fight of our lives. The hostile onslaught against U.S. labor that was launched after the Second World War and redoubled in the 1980s is entering a new phase that will profoundly influence the future of all working people in North America. How we respond to this latest […]
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U.S. Imperialism and Arroyo Regime in the Philippines on Trial at the Permanent People’s Tribunal, the Hague
An interview with Luis Jalandoni, chairperson of the National Democratic Front-Philippines Negotiating Panel, follows E. San Juan, Jr.’s analysis. The February visit of the United Nations Special Rapporteur on Indigenous Peoples, Prof. Rodolfo Stavenhagen, reconfirmed the barbarism of President Gloria Macapagal-Arroyo’s de facto martial-law regime in the Philippines. Stavenhagen bewailed the worsening pattern of […]
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Fiji’s New Rulers — Armed and Dangerous
Annual Fundraising AppealFriends of MRZine and Monthly Review! The continuing existence of MRZine and Monthly Review depends on the support of our readers. Unlike many other publications, we make all new Monthly Review articles, as well as MRZine articles, available online, free of charge. We do so without drawing any advertising money at all […]
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Post-American Geopolitics
I. Three Metropoles, Four Peripheries Many of us on the Left have pondered what would replace the Cold War division of the planet into the First, Second, and Third World. Though the three worlds thesis was arbitrary at best — the social divisions within nation-states are often more significant than the distinctions between nation-states — […]
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Class Struggle and Socialist Revolution in the Philippines: Understanding the Crisis of U.S. Hegemony, Arroyo State Terrorism, and Neoliberal Globalization
Prodded by Amnesty International (AI), the Inter-Parliamentary Union, Asian Human Rights Commission, Reporters Without Borders, and other international organizations, President Gloria Macapagal-Arroyo recently cobbled a group to look into the allegations of massive human rights violations — over 729 victims of extrajudicial killings, and 180 involuntary “disappearances,” by the latest count — during her […]
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Same-Sex Love in India: Open Letters against Section 377
To the Government of India, Members of the Judiciary, and All Citizens, To build a truly democratic and plural India, we must collectively fight against laws and policies that abuse human rights and limit fundamental freedoms. This is why we, concerned Indian citizens and people of Indian origin, support the overturning of Section 377 of […]
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On Neoliberalism: An Interview with David Harvey
A BRIEF HISTORY OF NEOLIBERALISM by David HarveyBUY THIS BOOK Neoliberalism has left an indelible, smoldering mark on our world for the last thirty years. Eminent Marxist geographer David Harvey, author of A Brief History of Neoliberalism (Oxford, 2005), spoke earlier this year to Sasha Lilley, of the radical radio program Against the Grain, about […]