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Late Imperialism

“Late Imperialism,” Monthly Review vol. 71, no. 3 (July-August 2019), pp. 1-19. DOI: 10.14452/MR-071-03-2019-07_1 [HTML] The globalization of production (and finance)—which emerged along with neoliberalism out of the economic stagnation of the mid–1970s and then accelerated with the demise of Soviet-type societies and China’s reintegration into the capitalist world system—has generated a more generalized monopoly […]

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Absolute Capitalism

“Absolute Capitalism,” Monthly Review vol. 71, no. 1 (May 2019), pp. 1-13. DOI: 10.14452/MR-071-01-2019-05_1 [HTML] Although neoliberalism is widely recognized as the central political-ideological project of twenty-first-century capitalism, it is a term that is seldom uttered by those in power. Behind this particular ruse lies a deeply disturbing, even hellish, reality. Neoliberalism can be defined […]

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Capitalism Has Failed–What Next?

“Capitalism Has Failed—What Next?” Monthly Review vol. 70, no. 9 (February 2019), pp. 1-24. DOI: 10.14452/MR-070-09-2019-02_1 [HTML] Less than two decades into the twenty-first century, it is evident that capitalism has failed as a social system. The world is mired in economic stagnation, financialization, and the most extreme inequality in human history, accompanied by mass […]

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Geoengineering

“Geoengineering: Making War on the Planet,” copublished by Science for the People Magazine (Summer 2018) and Monthly Review, vol. 70, no. 4 (September 2018), pp. 1-10.DOI: 10.14452/MR-070-04-2018-08_1 [HTML] The dangers posed by climate change have inspired a desperate search for technological fixes in the form of geoengineering—massive human interventions to manipulate the entire climate or […]

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Marx’s Open-Ended Critique

“Marx’s Open-Ended Critique,” Monthly Review vol. 70, no. 1 (May 2018), pp. 1-16. DOI: 10.14452/MR-070-01-2018-05_1 [HTML] Against attempts to characterize Marx as a dogmatic and deterministic thinker, it is precisely the open-endedness of his criticism that accounts for historical materialism’s staying power. This openness has allowed Marxism to continually reinvent itself, expanding its empirical and […]

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What Is Monopoly Capital?

“What Is Monopoly Capital?” Monthly Review vol. 69, no. 8 (January 2018), pp. 56-62. DOI: 10.14452/MR-069-08-2018-01_5  [HTML] “Monopoly capital” is a term for the new form of capital, embodied in the modern giant corporation, that in the late nineteenth century began to displace the small family firm as the dominant economic unit, marking the end […]

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William Morris’s Romantic Revolutionary Ideal

William Morris’s celebrated utopian romance News from Nowhere or An Epoch of Rest (1890) constituted his most singular attempt to present a revolutionary ideal aimed at inspiring a ‘movement towards Socialism’ in his day. Centering on the overcoming of human alienation in relation to the three primary forms of the division of labour—social production, town […]

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Trump in the White House

Remember that metaphor about the frog that slowly cooks to death in the pot of increasingly warm water? Leftists have used it for years to describe how people can accept dwindling health care, fading job opportunities, eroding racial and gender equality—as long as the loss occurs gradually. Now, with Donald Trump having slouched off to […]

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