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By 1830, one million Americans, most of them enslaved, grew cotton. Raw cotton was the most important export of the United States, at the center of America’s financial flows and emerging modern business practices, and at the core of its first modern manufacturing industry.
I have been arguing, since 2016, that one of the likely outcomes of the kind of corporate tax cuts Donald Trump and his fellow Republicans have supported—and, as we saw, eventually rammed through—would be an increase in inequality.
The dystopia of the American healthcare system certainly invites a utopian response—a ruthless criticism as well as a vision of an alternative.
The massacre at Stoneman Douglas High School in Parkland, Florida, one month ago today, left seventeen children and school staff dead. It was the third highest-casualty mass shooting at an educational institution in American history (after Virginia Tech—32 dead—and Sandy Hook—27) and the ninth highest-casualty single-shooter mass shooting in modern American history.
The United States has launched a three-pronged offensive on Russia. First, it’s attacking Russia’s economy via sanctions and oil-price manipulation. Second, it’s increasing the threats to Russia’s national security by arming and training militant proxies in Syria and Ukraine, and by encircling Russia with NATO forces and missile systems.
As “chief of base” of a CIA Black Site in Thailand, Haspel oversaw the torture and waterboarding of Abu Zubaydah, who still hasn’t been charged with a crime.
For those who may have missed it, a major economic indicator emerged regarding student loan debt last week. Excessive debt, like student loans, has become one of the biggest barriers to current economic growth in the United States. On Thursday, March 1, 2018, the Chairman of the Federal Reserve, Jerome Powell, appeared before U.S. Congressional […]
I’ve written quite a bit about the U.S. healthcare dystopia over the years—including a seven-part series back in 2016.* But I haven’t yet addressed the utopian dimensions of healthcare reform.
In this MPN exclusive, we speak to Monthly Review editor John Bellamy Foster and Latin America studies scholar Harry L. Simón Salazar about the U.S. fight to maintain hegemony in Latin America, the rise of the right wing, and the danger of “regime change” in Venezuela.
What the hell is socialism, anyway? Over the last decade, it has been one of the most frequently looked up words in the Merriam-Webster dictionary. And it’s easy to see why so many people feel the need for clarification.
A federal court has denied the Trump administration’s last-ditch effort to prevent a landmark climate lawsuit from going to trial. It called the motion “entirely premature” and argued that the administration had failed to reach the “high bar” required for dismissal.
For many years now, observers have been ringing the death knell for the U.S. labor movement. West Virginia teachers haven’t just pumped life back into that movement—they’ve reaffirmed the fundamental principle that the key to building power and winning is for workers to withhold their labor.
This article argues that Marx, too, knew more about the future than his present. Indeed, far from being merely a theorist of mid- to late-19th century capitalism, he elaborated the basic mechanisms, tendencies, counter-tendencies, contradictions, and social antagonisms that still shape capital accumulation and bourgeois societalization at the start of the 21st century.
It happened gradually, but thanks to the U.S. media, economic news has largely been reduced to stock market reporting. Want to know how the economy is doing? Check the S&P 500 Index. Want to know whether the latest Trump proposal is good or bad? Check the S&P 500 Index.
The term “white working class” captured much of the media analysis which sought to explain Trump’s meteoric rise and subsequent victory to the highest office in the United States. The obsession with polling and voting trends based in demographics is certainly nothing new.
TIM YOUNG demonstrates how Western coverage of South America is heavily biased against the continent’s progressive leaders, movements and governments.
Donald Trump’s decision to impose import tariffs—on solar panels and washing machines now, and perhaps on steel and aluminum down the line—has once again opened up the war concerning international trade.
“An archaeological object, especially iconic, should not be banned from Facebook,” the Museum of Natural History in Vienna said.
WHAT is happening in the U.S. economy provides an object lesson on the functioning of neo-liberal capitalism. Pre-first world war capitalism which had witnessed the long Victorian and Edwardian boom had relied on the colonial arrangement for the system’s dynamics.
As far back as 1835, perhaps our nation’s earliest and most astute observer, Alexis de Tocqueville, understood the power of the media. He described the press as “the chief democratic instrument of freedom.” But today our “instrument of freedom” seems to mean the freedom to enrich oneself privately, whatever it takes. How did we get […]
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