The social relation of capital, as we all know, is a contradictory one. These contradictions, though stemming from capitalism’s internal laws of motion, extend out to phenomena that are usually conceived as external to the system, threatening the integrity of the entire biosphere and everything within it as a result of capital’s relentless expansion. How […]
Archive | Other Major Scholarly Journal Articles
Journal Articles (Other Major Scholarly)
Monopoly Capital and the New Globalization
We live at a time when capitalism has become more extreme, and is more than ever presenting itself as a force of nature, which demands such extremes. Globalization—the spread of the self-regulating market to every niche and cranny of the globe—is portrayed by its mainly establishment proponents as a process that is unfolding from everywhere […]
Imperialism and ‘Empire’
Only a little more than a month ago at this writing, before September 11, the mass revolt against capitalist globalization that began in Seattle in November 1999 and that was still gathering force as recently as Genoa in July 2001 was exposing the contradictions of the system in a way not seen for many years. […]
Ecology Against Capitalism
In a 1963 talk on “The Pollution of Our Environment” Rachel Carson drew a close comparison between the reluctance of society in the late twentieth century to embrace the full implications of ecological theory and the resistance in the Victorian era to Darwin’s theory of evolution: As I look back through history I find a […]
Capitalism’s Environmental Crisis
The standard solution offered to the environmental problem in advanced capitalist economies is to shift technology in a more benign direction: more energy-efficient production, cars that get better mileage, replacement of fossil fuels with solar power, and recycling of resources. Other environmental reforms, such as reductions in population growth and even cuts in consumption, are […]
Marx and Internationalism
It is not uncommon within social science today to acknowledge that Karl Marx was one of the first analysts of globalization. But what is usually forgotten, even by those who make this acknowledgment, is that Marx was also one of the first strategists of working-class internationalism, designed to respond to capitalist globalization. The two major […]
Monopoly Capital at the Turn of the Millenium
This article is dedicated to Paul Sweezy on his 90th birthday. It is also meant as a personal expression of my conviction that Monopoly Capital (1966) by Paul Baran and Paul Sweezy, which provided a rich analysis of capital accumulation and crisis rooted in insights from Marx, Keynes, Kalecki, and Schumpeter, is still the most […]
Remarks on Paul Sweezy on the Occasion of his Receipt of the Veblen-Commons Award
I would like to quote at length from Paul Samuelson, who wrote a piece exactly thirty years ago for Newsweek magazine about a time thirty years before that “when giants walked the earth and Harvard Yard”: When Diaghilev revived his ballet company he had the original Bakst sets redone in even more vivid colors, explaining, […]
Contradictions in the Universalization of Capitalism
A central, perhaps the central, idea of economic liberalism has always been that a market society organized on the basis of individual self-interest is the natural state of humankind, and that such a society is bound to prosper—through an almost providential invisible hand—provided that no external barriers stand in its way. In this view all […]
A Classic of Our Time
Three years ago, on the occasion of its silver anniversary, Contemporary Sociology, the American Sociological Association’s book review journal, published a special section on the ten most influential books of the previous twenty-five years. Each book chosen for this honor by Contemporary Sociology‘s editorial board was reassessed by a notable figure in the field. One […]
