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China and Socialism

We depart this year from our usual practice for MR’s July–August double issue. Instead of a collection of articles on a common theme, we are devoting the issue to a single manuscript—a study of China and economic development theory by Martin Hart-Landsberg and Paul Burkett that was published in book form by Monthly Review Press. […]

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Kipling, the ‘White Man’s Burden,’ and U.S. Imperialism

We are living in a period in which the rhetoric of empire knows few bounds. In a special report on “America and Empire” in August, the London-based Economist magazine asked whether the United States would, in the event of “regime changes … effected peacefully” in Iran and Syria, “really be prepared to shoulder the white […]

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Imperial America and War

On November 11, 2000, Richard Haass—a member of the National Security Council and special assistant to the president under the elder Bush, soon to be appointed director of policy planning in the State Department of newly elected President George W. Bush—delivered a paper in Atlanta entitled “Imperial America.” For the United States to succeed at […]

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The Commercial Tidal Wave

For a long time now it has been widely understood within economics that under the capitalism of giant firms, corporations no longer compete primarily through price competition. They engage instead in what economists call “monopolistic competition.” This consists chiefly of attempts to create monopoly positions for a particular brand, making it possible for corporations to […]

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Crises: One After Another for the Life of the System

Our disagreement with our friends, Sam Gindin and Leo Panitch, is over three interrelated issues: (1) how and why to analyze a crisis-prone capitalism, (2) the capacity of the state to manage or “contain” crises, and (3) the near-term prospects for capital accumulation. In addition there are significant divergences in empirical assessment between us related […]

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