In 1966, Paul Baran and Paul Sweezy published Monopoly Capital, a monumental work of economic theory and social criticism that sought to reveal the basic nature of the capitalism of their time. Their theory, and its continuing elaboration by Sweezy, Harry Magdoff, and others in Monthly Review magazine, influenced generations of radical and heterodox economists. […]
Tag Archives | Japanese
Marx’s Grundrisse and the Ecological Contradictions of Capitalism
Nevertheless, because Marx’s overall critique of political economy remained unfinished, these and other aspects of his larger materialist conception of nature and history were incompletely developed – even in those works, such as Capital, volume 1, published in his lifetime. Moreover, the relation of his developed political–economic critique in Capital to the wider corpus of […]
Naked Imperialism
During the Cold War years, mainstream commentators were quick to dismiss the idea that the United States was an imperialist power. Even when U.S. interventions led to the overthrow of popular governments, as in Iran, Guatemala, or the Congo, or wholesale war, as in Vietnam, this fiction remained intact. During the 1990s and especially since […]
Empire of Barbarism
By John Bellamy Foster on December 1, 2004 in Articles, Other Major Scholarly Journal Articles, Translated
“A new age of barbarism is upon us.” These were the opening words of an editorial in the September 20, 2004, issue of Business Week clearly designed to stoke the flames of anti-terrorist hysteria. Pointing to the murder of schoolchildren in Russia, women and children killed on buses in Israel, the beheading of American, Turkish, […]
