I would like to quote at length from Paul Samuelson, who wrote a piece exactly thirty years ago for Newsweek magazine about a time thirty years before that “when giants walked the earth and Harvard Yard”: When Diaghilev revived his ballet company he had the original Bakst sets redone in even more vivid colors, explaining, […]
Tag Archives | Monthly Review
Is Overcompetition the Problem?
It is tempting perhaps to attribute all the problems of capitalism to excessive competition. After all, capitalism is generally presented within contemporary ideology as a system which is nothing more than a set of competitive relations governed by the market. Is it not possible then that the economic contradictions of capitalism, and indeed the present […]
Contradictions in the Universalization of Capitalism
A central, perhaps the central, idea of economic liberalism has always been that a market society organized on the basis of individual self-interest is the natural state of humankind, and that such a society is bound to prosper—through an almost providential invisible hand—provided that no external barriers stand in its way. In this view all […]
Rebuilding Marxism
Review of Reinventing Marxism by Howard Sherman.
A Classic of Our Time
Three years ago, on the occasion of its silver anniversary, Contemporary Sociology, the American Sociological Association’s book review journal, published a special section on the ten most influential books of the previous twenty-five years. Each book chosen for this honor by Contemporary Sociology‘s editorial board was reassessed by a notable figure in the field. One […]
Mathus’ Essay on Population at Age 200
Since it was first published 200 years ago in 1798, no other single work has constituted such a bastion of bourgeois thought as Thomas Malthus’ Essay on the Principle of Population. No other work was more hated by the English working class, nor so strongly criticized by Marx and Engels. Although the Malthusian principle of […]
Introduction to the Hungry for Profit Issue
The conventional view that agriculture was displaced by industry in two stages—by the industrial revolution in the late ninteenth century, and as a result of the rise of the agribusiness system in the mid-twentieth century—has left many observers of the contemporary political economy with the impression that to deal with agriculture is essentially to focus […]
Liebig, Marx and the Depletion of the Natural Fertility of the Soil
During the period 1830-1870 the depletion of the natural fertility of the soil through the loss of soil nutrients was the central ecological concern of capitalist society in both Europe and North America (only comparable to concerns over the loss of forests, the growing pollution of the cities, and the Malthusian specter of overpopulation). This […]
Science in a Skeptical Age
We live in a skeptical age. All of the basic concepts of the Enlightenment, including progress, science and reason are now under attack. At the center of this skepticism lie persistent doubts about science itself, emanating both from within and from without the scientific community. Recent titles by scientists give an idea of the extent […]
The Scale of Our Ecological Crisis
One of the problems that has most troubled analysts of global ecological crisis is the question of scale. How momentous is the ecological crisis? Is the survival of the human species in question? What about life in general? Are the basic biogeochemical cycles of the planet vulnerable? Although few now deny that there is such […]
