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A Monthly Review project providing daily news and analysis of capitalism, imperialism and inequality rooted in Marxian political economy
Congress recently passed a 1.5-1.7 Trillion dollar stimulus bill (as I wrote about last week, the reported headline number is including a useless accounting gimmick which provides no additional support to the U.S. economy). Part of the reason we can report such an exact number is congress budgets in exacts.Take a look at these two […]
The MARX MEMORIAL LIBRARY takes a look at how Marxists can explore the relation between capitalism, socialism and the environment.
‘I believe that they have done no wrong because there is widespread hunger [amidst the lockdown] and people are helpless.’
While each country’s experience facing the COVID-19 pandemic is different, some common fundamental factors can make the difference between widespread catastrophe and relative stability. Nicaragua has so far been among the most successful countries in Latin America in protecting its population from the virus while also maintaining normal economic life. As of March 28th, Nicaragua […]
The Marxist argument that it’s the labour of workers, and not the supposed intelligence and entrepreneurial spirit of bosses, that keeps society running, has long been ridiculed by defenders of capitalism. In the conditions created by the COVID-19 pandemic, however, the truth of Marx’s claim has been brought into sharp relief.
Among those indicted by the U.S. was Cliver Alcalá, a retired general who is considered the military leader of the pro-Juan Guaidó forces. Soon, Alcalá posted videos that threaten to cause further splits in the opposition and could result in the arrest of Guaidó.
Cuba on March 28 sent a team of 39 doctors and nurses to Andorra, the thirteenth medical brigade the country has dispatched overseas to combat the COVID-19 pandemic.
“Corona is a black light and America is a cum-stained hotel room,” comedian Megan Amram colorfully tweeted a couple of weeks ago. Her observation has only grown more accurate since.
“How wonderful is this. A beautiful silver lining.”
In an interview with roape.net, ecosocialist and writer Ian Angus discusses the environmental crisis, the Anthropocene and Covid-19. He argues that new viruses, bacteria and parasites spread from wildlife to humans because capital is bulldozing primary forests, replacing them with profitable monocultures. Ecosocialists must patiently explain that permanent solutions will not be possible so long […]
In an extraordinary statement titled “On the Political Impasse in Afghanistan,” Washington has admitted to the failure of Secretary of State Mike Pompeo’s mission to Kabul on March 23, which was taken up to heal the political rift among Afghan politicians and to urge them to form an inclusive government so as to implement the […]
I’m in a small city in Catalonia called Olot, not far from the Pyrenees. I came here because I knew the coronavirus lockdown would be much rougher in Barcelona. Still, people walk around with masks and keep social distances, barely going out.
It is hard to remember that just a few weeks ago, the planet was in motion. There were protests in Delhi (India) and Quito (Ecuador), eruptions against the old order that ranged from anger at the economic policies of austerity and neoliberalism to frustration with the cultural policies of misogyny and racism. Ingeniously, in Santiago […]
Within a few hours of being launched, over 800 Venezuelans in the U.S. registered for an emergency flight from Miami to Caracas through a website run by the Venezuelan government. This flight, offered at no cost, was proposed by President Nicolás Maduro when he learned that 200 Venezuelans were stuck in the United States following […]
A 2014 report warned that reforms to the NHS would make it vulnerable to pandemics – by making staff redundant, undermining public health and defining spare capacity as waste. It was ignored.
In a pandemic, a rational person would much rather live in a society governed by the norms of socialism than of capitalism, a society where people rally together to overcome a virus; than to live in a society where fear pervades and where stigmatization becomes the antidote to collective action.
Capitalist crises are neither predictable nor do they stem from a single cause. Instead, at least as I see it, the possibility of a crisis is always there but the causes and triggers are all historical and therefore multiple and varied.
Venezuela’s most acclaimed contemporary writer talks about the Bolivarian Revolution and its dialectical relation with cultural producers.
When trying to interpret, understand and analyze the daily flow of news, I tend to locate what is happening against the background of two distinctive but intersecting models of how capitalism works.
The frenzied, shrieking hysteria I’m witnessing right now among Trump’s base regarding China looks and moves in the exact same way the mental zombification of Russia hysteria looked and moved when it began tearing through rank-and-file Democrats in late 2016 and early 2017. The seething, screaming vitriol I get from the MAGA crowd on social […]
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