On June 10, 1963, President John F. Kennedy delivered a commencement address at American University in Washington, D.C., in which he declared that the peace that the United States sought was “not a Pax Americana enforced on the world by American weapons of war.” His remarks were a response to criticisms of the United States […]
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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. […]
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 […]
The New Age of Imperialism
Imperialism is meant to serve the needs of a ruling class much more than a nation. It has nothing to do with democracy. Perhaps for that reason it has often been characterized as a parasitic phenomenon-even by critics as astute as John Hobson in his 1902 classic, Imperialism: A Study. And (rom there it is […]
The ‘Left-Wing’ Media?
If we learn nothing else from the war on Iraq and its subsequent occupation, it is that the U.S. ruling class has learned to make ideological warfare as important to its operations as military and economic warfare. A crucial component of this ideological war has been the campaign against “left-wing media bias,” with the objective […]
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 […]
What Recovery?
Only a few years ago it was widely suggested that the capitalist economy had entered a new economic era. The rapid economic growth experienced during the brief period of the late 1990s, we were told, would become virtually endless, spurred on by rising productivity led by high technology and the New Economy. The circumstances that […]
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 […]
A Planetary Defeat
The first Earth Summit in Rio de Janeiro, Brazil in 1992 generated hopes that the world would at long last address its global ecological problems and introduce a process of sustainable development. Now, with a second summit being held ten years later in Johannesburg, that dream has to a large extent faded. Even the principal […]
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 […]