After a decade of political polarization and international standoff, the debate on Zimbabwe has finally been opened up to a wider reading public, thanks to Mahmood Mamdani’s “Lessons of Zimbabwe,” appearing in the London Review of Books (04/12/2008). Renowned scholars, within and without Africa, have broken their silence and have taken public positions. The […]
Subjects Archives: Political Economy
The Crisis of Global Capitalism and the Environment: Interview with John Bellamy Foster, Editor of Monthly Review and Professor of Sociology, University of Oregon, for Eleftherotypia (Greece)
CP: After twenty-five years of sporadic growth and extreme polarization of income and life conditions around the world, actually existing neoliberalism seems to be on the verge of collapse. Where do you situate the current crisis in the history of the development of global capitalism? JBF: Neoliberalism has clearly collapsed. But as Fred Magdoff […]
What Did the Bush Administration Receive for Financing AFL-CIO’s Solidarity Center?
In 1997, the AFL-CIO established the American Center for International Labor Solidarity by merging its four regional institutions that had operated around the world. Solidarity Center stated its mission: “to help build a global labor movement by strengthening the economic and political power of workers around the world through effective, independent and democratic unions.” […]
Getting the Questions Right
This is the story of a Canadian woman who started to explore economic issues. The difficulties she encountered along the way led her to the conclusion that there are certain questions that can’t be answered theoretically but only practically, by people like herself. The same discovery could have been made by someone, male or female, […]
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 […]
Forever Blowing Bubbles: A Walking Tour with Peter Linebaugh and Fabian Tompsett
Peter Linebaugh and Fabian Tompsett guided a tour around the City on 12 November 2008, taking in landmarks of capitalist crisis past and present. Mute is an online magazine dedicated to exploring culture and politics after the net.
Capitalism’s Burning House: Interview with John Bellamy Foster
WIN: According to a quotation by Jim Reid that you and Fred Magdoff included in your article entitled “Financial Implosion and Stagnation” (Monthly Review, December 2008), the U.S. financial sector has made around 1.2 Trillion ($1,200) of “excess” profits in the last decade relative to nominal GDP. How has the structure of the capital […]
Satyam and Capitalism
Analytical Monthly Review, published in Kharagpur, West Bengal, India, is a sister edition of Monthly Review. Its January 2009 issue features the following editorial. — Ed. Another spectacular hole in the torn fabric of the “success story” of the neoliberal “reform” has opened in recent days. Though but a week has passed from the […]
Flip-flops of Economics
Most US economists are professors in colleges and universities. Their academic positions enable research and teaching that is supposed to be independent of corporate interests. They could, at least hypothetically, provide the critical insights into economic problems needed for their solution. Economists might help to propose, evaluate, and debate the wide range of possible solutions […]
A Structural Crisis of the System: Interview with István Mészáros
István Mészáros won the 1971 Deutscher Prize for his book Marx’s Theory of Alienation and has written on Marxism ever since. He talks to Judith Orr and Patrick Ward about the current economic crisis. The ruling class are always surprised by new economic crises and talk about them as aberrations. Why do you believe they […]
The Crisis of the Capitalist World
The current crisis of the capitalist world is commonly explained as resulting from “a lack of government regulation of the financial sector”, “insufficient supervision allowing reckless lending by financial institutions”, “the unbridled greed of the financiers”, in short a series of mistakes and aberrations. These have contributed to a “systems failure” in the words of […]
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 […]
Saving the Detroit Three, Finishing Off the UAW: Learning from the Auto Crisis
“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 […]
Actually, “It’s the System, Stupid”
“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 […]
End of Neoliberalism? Sorry, Not Yet.
“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 […]
Chávez: Capitalists Have Manipulated the Message of Christ to Exploit the Poor
“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 […]
Socialism Is Practical Christianity
“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 […]
The Global Capitalist Crisis and India: Time to Start the Discussion
“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 […]
Greek Demo Graphics
“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 […]
Auto Workers Told to Take Concessions, Abandon Retirees
“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 […]
