Subjects Archives: Monopoly

  • Senate Finance Committee Rejects Any Public Option

      The momentous decision to reject any public option by the Senate Finance Committee today underscores how completely private insurance companies dominate Congressional activity.  The author of the bill for the committee, Liz Fowler, is herself a former VP of WellPoint, the nation’s largest private health insurer.  This highlights the importance of the single payer, […]

  • The Financial Crisis and Imperialism

    BMR:What is the likely impact of the present financial crisis on geopolitics, especially if the crisis is considered in the context of the energy crisis including the peak oil issue, the food crisis, The Great Hunger, the environmental crisis, and the declining dollar?  Will the world experience war(s) as an effort to survive?  Will monopoly-finance […]

  • Media Capitalism, the State, and 21st Century Media Democracy Struggles: An Interview with Robert McChesney

      The Media, the Left, and Power Tanner Mirrlees: Why do you think it is important for progressives to understand the media and participate in media democracy struggles? Robert McChesney: The media is one of the key areas in society where power is exercised, reinforced, and contested.  It is hard to imagine a successful left […]

  • Patent Fundamentalists Threaten the Future of the Planet

    The battle over “intellectual property rights” is likely to be one of the most important of this century.  It has enormous economic, social, and political implications in a wide range of areas, from medicine to the arts and culture — anything where the public interest in the widespread dissemination of knowledge runs up against those […]

  • Let’s Hope This Gift Keeps on Giving

      Eduardo Galeano, Open Veins of Latin America: Five Centuries of the Pillage of a Continent, 25th anniversary edition (New York: Monthly Review Press, 1997). As Editorial Director of Monthly Review Press, I was delighted to learn that Venezuelan president Hugo Chavez gave his U.S. counterpart Barack Obama a copy of Eduardo Galeano’s Open Veins […]

  • Deconstructing Labor: What Is “New” in Contemporary Capitalism and Economic Policies: a Marxian-Kaleckian Perspective

    Paper presented at the Congrès Marx International V, Paris-Sorbonne et Nanterre, October 2007 1.  Introduction About a decade ago the radical left, both in Italy and elsewhere in Europe, had been gripped by an understanding of contemporary capitalism as based on a three-pronged tendency: ‘globalization’ as an already accomplished state, the ‘end of labor’ due […]

  • The G20 and the HIRCs

      A group of seven highly indebted rich countries (HIRC) of the world have organized a meeting of twenty nations in London in order to discuss the future of the world’s finances.  They have invited some creditors among developing countries such as Brazil, Argentina, Mexico, some Arab countries, China, and India, leaving aside all the […]

  • The Reasons for Mobilization in Réunion

      Jean-Hugues Ratenon is President of the “Agir Pou Nou Tout” [Act for All of Us] Association, which is part of the Collective of Trade Unions, Political Organizations, and Community Associations of Réunion (COSPAR), the organizer of the social movement. The prefect of Réunion announced, on Thursday, 5 March, a decrease in the price of […]

  • We Are at the Beginning of a Long, Profound, Painful Process of Change

    Statement by James K. Galbraith, Lloyd M. Bentsen, jr., Chair in Government/Business Relations, Lyndon B. Johnson School of Public Affairs, The University of Texas at Austin and Senior Scholar, Levy Economics Institute, before the Committee on Financial Services, U.S. House of Representatives, Hearings on the Conduct of Monetary Policy, February 26, 2009. Mr. Chairman and […]

  • 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 […]

  • British Jews Call for Boycott, Divestment, and Sanctions against Israel

    We the undersigned are all of Jewish origin.  When we see the dead and bloodied bodies of young children, the cutting off of water, electricity and food, we are reminded of the siege of the Warsaw Ghetto.  When Dov Weisglass, an adviser to the Israeli prime minister, Ehud Olmert, talked of putting Gazans “on a […]

  • 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 […]

  • Indigenous Peoples Rising in Bolivia and Ecuador

    Introduction Indigenous peoples in Indo-Afro-Latin America, especially Bolivia and Ecuador, are rising up to take control of their own lives and act in solidarity with others to save the planet.  They are calling for new, yet ancient, practices of plurinational, participatory, and intercultural democracy.  They champion ecologically sustainable development; community-based autonomies; and solidarity with other […]

  • Monopoly-Finance Capital and the Crisis

      Klassekampen: Is the credit crisis a symptom of overaccumulation of capital?  It seems to me that investments worldwide, but especially in the United States, were funneled into the traditionally “safe” housing market following the bursting of the dotcom-bubble.  This overinvestment in turn generated a new bubble, thus causing today’s havoc.  Is this correct? JBF: […]

  • Is Iran Currently an Existential Threat to the United States? A Side-By-Side Comparison of Military Capabilities

      A side-by-side comparison of the two countries’ conventional military capabilities demonstrates the overwhelming superiority of the United States. It is time to inject realism into discussions about U.S.-Iranian relations. Hyping the threat about Iran obscures the bottom line: Iran does not currently represent an existential threat to the United States or its allies, and […]

  • Santa Cruz Autonomy Campaign Is Lynchpin to Destroy Latin American Progress

      On Sunday, May 4, 2008, I joined two dozen progressive activists marching in a circle in front of the Bolivian embassy.  Thanks to our spirited presence, 150 or so right-wing Bolivians from the province of Santa Cruz were unable to get in front of the embassy to demonstrate in favor of the autonomy referendum […]

  • The March 20, 2008 US Declaration of War on Iran

      March 20, 2008, destined to be another day of infamy.  On this date the US officially declared war on Iran.  But it’s not going to be the kind of war many have been expecting. No, there was no dramatic televised announcement by President George W. Bush from the White House oval office.  In fact […]

  • Double Standard on Divestment

    Today, two movements for the promotion of human rights in Sudan and Palestine seek to emulate the successful role played by boycotts, divestment, and sanctions in achieving democracy and equality in South Africa.  The two movements, however, have received radically different receptions on Capitol Hill.  This double standard testifies to official Washington’s selectivity when it […]

  • Questions That the Movement Will Answer: A Conversation with an Anti-Imperialist Organizer

    In recent days, the US public has been satiated with a variety of press reports about numerous “new” plans aimed at addressing the US occupation and war in Iraq.  Some of these plans are rumored to include recommendations for an eventual withdrawal of all US forces from that country while some urge the Pentagon and […]

  • Turkish Elections and After

    The July 2007 elections ended with results beyond the expectations of most observers.  We will watch for possible coming earthquakes. To explain the AKP’s election victory, in addition to the AKP’s own tactics and policies, exogenous factors should be taken into consideration.  These include the large vacuum at the centre right and center left of […]