It is an inescapable truth of the capitalist economy that the uneven, class-based distribution of income is a determining factor of consumption and investment. How much is spent on consumption goods depends on the income of the working class. Workers necessarily spend all or almost all of their income on consumption. Thus for households in […]
Tag Archives | Chinese
The Renewing of Socialism
Articles in Monthly Review often end by invoking the socialist alternative to capitalism. Readers in recent years have frequently asked us what this means. Didn’t socialism die in the twentieth century? Wasn’t it defeated by capitalism? More practically: if socialism is still being advocated what kind of socialism is it? Are we being utopian in […]
Ecology, Capitalism, and the Socialization of Nature
DENNIS SORON: Many environmentalists came away from the Rio Earth Summit in 1992 with a great deal of optimism, believing that the cause of global environmental reform had finally been seriously placed on the political agenda. Today, with environmental conditions continuing to worsen and governments refusing to take effective action, it seems that little of […]
The Commitment of an Intellectual
The following brief intellectual biography of Paul Sweezy was drafted in September 2003 shortly before I saw Paul for the last time. It conveys many of the basic facts of his life. But as with all biographies of leading intellectuals it fails to capture the brilliance of his work, which must be experienced directly through […]
Imperialism Without Colonies
In the decades after 1945, as colonial possessions became independent states, it was widely-believed that imperialism as a historical phenomenon was coming to an end. The six essays collected in this volume demonstrate that a new form of imperialism was, in fact, taking shape—an imperialism defined not by colonial rule but by the global capitalist […]
Marx’s Ecology in Historical Perspective
‘For the early Marx the only nature relevant to the understanding of history is human nature … Marx wisely left nature (other than human nature) alone.’
Ecology Against Capitalism
In recent years John Bellamy Foster has emerged as a leading theorist of the Marxist perspective on ecology. His seminal book Marx’s Ecology (Monthly Review Press, 2000) discusses the place of ecological issues within the intellectual history of Marxism and on the philosophical foundations of a Marxist ecology, and has become a major point of […]
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 […]
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 […]
In Defense of History
Are we now in an age of “postmodernity”? Even as some on the right have proclaimed the “end of history” or the final triumph of capitalism, we are told by some left intellectuals that the “modern” epoch has ended, that the “Enlightenment project” is dead, that all the old verities and ideologies have lost their […]