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A Monthly Review project providing daily news and analysis of capitalism, imperialism and inequality rooted in Marxian political economy
In bourgeois economic theory, competition, commodity production, profit seeking, and growth express something like the human essence. They are ahistorical constants, not the results of specifically capitalist relations that have historically emerged and can therefore be overcome. This is exactly what makes Marx’s critique of economics highly topical.
The media likes to frame the limits of political struggle as between the Democratic and Republican parties, as if each side upholds a radically different political vision.
The Hoover Company’s vacuum cleaners once so dominated its market that people often still describe using any make of vacuum cleaner as ‘hoovering up’. Similarly, people ‘Google’ information from the Internet, even if they do not use Google.
In a world composed of global value chains, headline global trade data can mask the truth about how much exports are actually benefiting a country, according to professor Xiao Jiang from Denison University.
Speech by the Minister of Foreign Affairs of Cuba, Bruno Rodríguez Parrilla, during the 72nd Session of the United Nations General Assembly.
The work of Karl Marx, Capital, considered “the Bible” of the revolution, was first published 150 years ago. Many political and ideological battles are fought until this day in the name of the German intellectual and his biggest work.
Renowned psychiatrist Robert Jay Lifton on the Goldwater Rule: We have a duty to warn if someone may be dangerous to others.
Where were the pundits and elected lawmakers who complain about the cost of providing healthcare to all Americans when the Senate voted to spend $700 billion on the military?
The fall of 2017 will witness the most brutal assault on working and middle class living standards since the end of World War II. Three presidents and their congressional allies will ‘revise’ labor legislation, progressive income tax laws and regulations and effectively end the mixed economy in France, the US and Brazil.
On September 14, it will be exactly 150 years since the publication of Capital: Critique of Political Economy, the first volume of Karl Marx’s epochal Das Kapital. The historicity of the book can be gauged by the fact that this first of three bulky tomes was published by a Hamburg publisher two years after the […]
The division of the world is not only by classes, but by North and South as well. And unfortunately the British left does not realise that, and the framing of being anti-neoliberal, in contrast to anti-imperialist, denies this differentiated reality.
From the time of independence in 1947, India has had the resources and the potential to achieve a high level of human development—yet the great majority of the country’s people have remained desperately poor.
The typical working-class family would need an additional $91K+ per year in New York City just to break even on a reasonable standard of living.
The US market evidently has a powerful influence on social trends elsewhere in the world. It has been shown not only by the popularity among youth of wearing low-hanging trousers and baseball caps backwards—although, thankfully, these trends have, like, faded—but also by how a system designed for an elite US university, Harvard, could end up […]
In Marx there is a concept of an alternative to capitalism that provides a foundation for the needed effort to reinvigorate anti-capitalist movements. But a richer, more adequate understanding of socialism that addresses the realities of contemporary capitalism today still awaits us.
There are strong reasons to expect a recession within the next year or so. And it will likely hit an increasingly vulnerable working class hard.
This is a book that has been pronounced dead or obsolete many times, but it keeps bouncing back, with the latest recovery in interest and sales just after the Global Financial Crisis of 2008. So why do so many people all over the world still read (or try to read) Karl Marx’s Capital today?
Yanis Varoufakis’s entire proposal regarding debt was and is unacceptable from a left-wing point of view because it presupposes evacuating any debate as to the legality and legitimacy of the debts whose repayment is being demanded of Greece.
Let this be a warning to economists, labor leaders, Democratic officials and all progressives fighting for economic and social justice: “progressive-appearing” economic proposals from Trump are likely to be thinly veiled attempts to suck in unsuspecting allies in support of a neo-fascist, authoritarian movement that is increasingly showing its true colors. They are designed, quite […]
It is a devastating fact that James Baldwin is our contemporary; so much so, that the matter of his relevance seems either pressing or redundant depending on to whom one speaks. Raoul Peck’s I Am Not Your Negro, a “cinematic séance” (The Guardian), is being taken as the completion of Baldwin’s unfinished Remember This House, […]
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