Review of Restructuring the World Economy by Joyce Kolko.
In every discussion of the current global crisis one single fact eclipses all others – the demise of undisputed US hegemony within the world hierarchy of nation states. Despite differing al political persuasions, there seems to be widespread agreement among social scientists that it is only in this context that the chief threats of our […]
“The Age of Restructuring,” in Arthur MacEwan and William K. Tabb, ed. Instability and Change in the International Economy (New York: Monthly Review Press, 1989), pp. 281-97.
The first comprehensive reference book on radicalism in the United States from the Civil War to the present, this work fills serious gaps in basic reference materials on American politics, labor, and culture by focusing on radicals rather than reformers. Merging previously unutilized sources such as oral history with the wealth of insight available from […]
It may seem strange that Henry Ford, an automobile manufacturer during the early decades of the twentieth century who died in 1947, should suddenly become a major source of contention among those interested in analyzing the contemporary crisis of the U.S. economy. The last few years, however, have seen a vast expansion of the Ford […]
Although each of these books is concerned with the role of values in the workplace, one belongs to the tradition of anomie, the other of alienation. Michael Rose’s study could only have been written in the contemporary atmosphere of economic crisis and perceived break-down in values.
Review of Casino Capitalism by Susan Strange.
For a majority of mainstream and radical economists, the answer to the question “What is Stagnation”? is fairly simple and straightforward and devoid of any real theoretical significance in and of itself. Either it is seen as a period of longer and deeper than average recessions, or it stands for a long-cycle downturn, which will […]
“Sweezy, Paul Marlor,” in The New Palgrave: A Dictionary of Economic Theory and Doctrine (New York: Stockton Press, 1987), vol. 4 (Q-Z), pp. 580-82. Harvard-trained economist and co-editor of Monthly Review, Paul Sweezy was among the most influential economists and Marxist intellectuals of the 20th century. His contributions extended over six decades from the early 1930s […]
Among those who are convinced of the need for radical social change in the advanced capitalist countries as the world nears the year 2000 there are two broad streams of thought. One of these adheres to the traditional left view that the working class is (almost by definition) the only social force capable of carrying […]