The Great Financial Crisis and the Great Recession began in the United States in 2007 and quickly spread across the globe, marking what appears to be a turning point in world history. Although this was followed within two years by a recovery phase, the world economy five years after the onset of the crisis is […]
Tag Archives | Monthly Review
Marx and Engels and ‘Small is Beautiful’- A Reply
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…. […]
The Global Stagnation and China
Five years after the Great Financial Crisis of 2007–09 began there is still no sign of a full recovery of the world economy. Consequently, concern has increasingly shifted from financial crisis and recession to slow growth or stagnation, causing some to dub the current era the Great Stagnation. Stagnation and financial crisis are now seen […]
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…. […]
Capitalism and the Accumulation of Catastrophe
Over the next few decades we are facing the possibility, indeed the probability, of global catastrophe on a level unprecedented in human history. The message of science is clear. As James Hansen, the foremost climate scientist in the United States, has warned, this may be “our last chance to save humanity.” In order to understand […]
The Global Reserve Army of Labor and the New Imperialism
In the last few decades there has been an enormous shift in the capitalist economy in the direction of the globalization of production. Much of the increase in manufacturing and even services production that would have formerly taken place in the global North—as well as a portion of the North’s preexisting production—is now being offshored […]
Samir Amin at 80
Samir Amin was born in Cairo in 1931, and studied within the French educational system in Egypt.… He is currently president of the World Forum for Alternatives.
The Ecology of Marxian Political Economy
It is no secret today that we are facing a planetary environmental emergency, endangering most species on the planet, including our own, and that this impending catastrophe has its roots in the capitalist economic system. Nevertheless, the extreme dangers that capitalism inherently poses to the environment are often inadequately understood, giving rise to the belief […]
Education and the Structural Crisis of Capital
Today’s conservative movement for the reform of public education in the United States, and in much of the world, is based on the prevailing view that public education is in a state of emergency and in need of restructuring due to its own internal failures. In contrast, I shall argue that the decay of public […]
Education and Capitalism
Schooling in the twenty-first century United States is not the product mainly of educational philosophies and resources—together with whatever imagination and initiative that teachers, students, parents, and communities can bring to bear. Instead, it is dominated by the changing demands of capitalist society for an increasingly stratified and regimented workforce. In the first article in […]