“Foreword,” to Fred Magdoff and Chris Williams,” Creating an Ecological Society: Toward a Revolutionary Transofmration (forthcoming, Monthly Review Press, 2017), 10 pp.
Tag Archives | Fred Magdoff
Stagnation and Financialization
By John Bellamy Foster on May 2, 2014 in Articles, Other Major Scholarly Journal Articles, Translated
More than six years after the beginning of the Great Recession in the United States, and nearly five years since it was officially declared over in this country, the core economies of the capitalist world system remain crisis-ridden. The jobs lost in the downturn in the United States have not yet been fully recovered and […]
The Plight of the U.S. Working Class
Modern capitalism, sociologist Max Weber famously observed early in the twentieth century, is based on “the rational capitalistic organization of (formally) free labor.” But the “rationality” of the system in this sphere, as Weber was to acknowledge elsewhere, was so restrictive as to be in reality “irrational.” Despite its formal freedom, labor under capitalism was substantively unfree.… This was in […]
Class War and Labor’s Declining Share
By John Bellamy Foster on March 1, 2013 in Articles, Other Major Scholarly Journal Articles, Translated
Given [the] background of high unemployment, lower-wage jobs, and smaller portions of the pie going to workers, it should come as no surprise that, according to the U.S. Census Bureau, nearly 50 million people in the United States live in poverty (with income in 2011 below $23,021 for a family of four) while another 50 […]
Marx and Engels and ‘Small is Beautiful’- A Reply
By John Bellamy Foster on February 1, 2012 in Comments-Short Articles-Introductions to Archival Reprints
I am a regular reader of Monthly Review. I read with interest the recent articles on ecology and Marxism…. It is true that Marx and Engels conceived that capitalism engenders a “metabolic rift” in nature and society. But both of them emphasized that the industrial growth that socialism would produce is beyond imagination under capitalism…. […]
Marx and Engels and ‘Small Is Beautiful’
I am a regular reader of Monthly Review. I read with interest the recent articles on ecology and Marxism…. It is true that Marx and Engels conceived that capitalism engenders a “metabolic rift” in nature and society. But both of them emphasized that the industrial growth that socialism would produce is beyond imagination under capitalism…. […]
What Every Environmentalist Needs to Know About Capitalism
What Every Environmentalist Needs To Know about Capitalism tackles the two largest issues of our time, the ecological crisis and the faltering capitalist economy, in a way that is thorough, accessible, and sure to provoke debate in the environmental movement.
The Great Financial Crisis—Three Years On
By John Bellamy Foster on October 1, 2010 in Comments-Short Articles-Introductions to Archival Reprints
The Great Financial Crisis began in the summer of 2007 and three years later, despite a putative “recovery,” it is still having profound effects in the United States, Europe, and in much of the world.
What Every Environmentalist Needs to Know About Capitalism
By John Bellamy Foster on March 1, 2010 in Articles, Other Major Scholarly Journal Articles, Translated
For those concerned with the fate of the earth, the time has come to face facts: not simply the dire reality of climate change but also the pressing need for social-system change. The failure to arrive at a world climate agreement in Copenhagen in December 2009 was not simply an abdication of world leadership, as […]
The Great Financial Crisis
The bursting of the housing bubble and the ensuing financial debacle have left most people, including many economists and financial experts asking: Why did this happen? If they had been reading Monthly Review, and were familiar with such articles as “The Household Debt Bubble,” “The Explosion of Debt and Speculation,” and “The Financialization of Capitalism,” […]
