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A Monthly Review project providing daily news and analysis of capitalism, imperialism and inequality rooted in Marxian political economy
We’re all done singing to “days gone by” (even though no one really knows the lyrics). But, unless we change our tune and resolve to fundamentally alter the way the economy is organized, we’re going to have to face up to the problem that’s been haunting the United States for decades now: growing inequality.
Pedro Rocha de Oliveira considers the context of Jair Bolsonaro’s rise to power in Brazil.
The onslaught of extreme weather and the increasingly stark scientific assessment leave no doubt that we face an ecological and civilizational emergency. But in the year since COP23 in Bonn, Germany, a constant stream of headlines and reports have confirmed that governments are not on track to meet their climate commitments.
“By its nature,” Marx writes in the climactic passage of a magnificent but very dense section of the Grundrisse, capital “posits a barrier to labor and value-creation in contradiction to its tendency to expand them boundlessly. And in as much as it both posits a barrier specific to itself, and on the other side equally […]
A lot has been written and said critical of millennials. The business press has been tough on their spending habits.
It’s now official: workers around the world are falling behind. The International Labor Organization’s (ILO) latest Global Wage Report finds that, excluding China, real (inflation-adjusted) wages grew at an annual rate of just 1.1% in 2017, down from 1.8% in 2016. That is the slowest pace since 2008.
It has been almost a year since we got off the ground. Our offices across the world humming with activity. You have received forty-four newsletters from us, eleven dossiers and one notebook and one working document. More is on the way as we enter our second calendar year.
Since November 17, France has been witnessing the massive Gilets jaunes or ‘Yellow Vests’ protests against the anti-working class policies of the Emmanuel Macron government. The protests against the rising economic burden on the people are also spreading to many other European countries.
I think the left should stop talking about ‘neoliberalism’, as I argue in a recent journal article published in Capital & Class.
No matter how we measure it, most Americans are falling further and further behind the tiny group at the top.
A new book argues that words like “innovation” are doing more than telling you who to avoid at parties.
With what author and activist Naomi Klein calls “galloping momentum,” the “Green New Deal” promoted by Rep.-elect Alexandria Ocasio-Cortez, D-N.Y., appears to be forging a political pathway for solving all of the ills of society and the planet in one fell swoop.
Monopoly capitalism emerged from “laissez-faire” capitalism in the late nineteenth and early twentieth centuries, allowing giant corporations to dominate the accumulation process.
In this episode, we’re joined by Jamee Moudud, a professor of economics at Sarah Lawrence College, Jamee draws on the tradition of critical legal studies to extend the constitutional theory of money to new historical and international contexts.
According to the new provision that was passed on Wednesday, employers can demand as much as 400 hours of overtime a year and can take three years to disburse the payments for the same.
After defeating a violent U.S.-backed coup attempt, Nicaragua’s elected government faces the NICA Act. The bill aims to force the Sandinistas from power by ratcheting up economic despair.
A philosopher, fisherman and former member of the Situationist International reflects on the Bolivarian Revolution.
Hello, Professor Drweski. My name is Maria Cernat. I am a feminist, an academic and a journalist writing for Baricada.org. I am a lecturer at the Communication Sciences and International Relations Department, Titu Maiorescu University. I was very curious, and I am sure our readers are too, about the situation in France. I have a […]
The United States is increasingly becoming dollarized. That’s because, for decades now, those at the bottom have been left behind, forced to attempt to get by in ever more precarious conditions.
Germany’s feverish political scene cooled off just a little. Two big sighs of relief permitted some people, at least temporarily, to stop chewing their fingernails.
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