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November 2018 (Volume 70, Number 6)

November 2018 (Volume 70, Number 6)

The twenty-first century has resulted in a vast upsurge of ecological Marxism and ecosocialism more generally, building on the environmental critique of capitalism embedded in classical historical materialism. At the same time, it has also engendered opposing tendencies and approaches concerning how we understand relentless ecological destruction under capitalism. This issue is dedicated to exploring the theoretical advances, schools of thought, and debates on the left in regard to our world’s ecological crisis, which threatens the survival of humanity and is inescapable within the present capitalist system of production. | more…

Capitalism is eating the planet

Value Isn’t Everything

The rapid advances in Marxian ecology in the last two decades have given rise to extensive debates within the left, reflecting competing conceptions of theory and practice in an age of planetary ecological and social crisis. One key area of dispute is the attempt by a growing number of radical environmental thinkers to deconstruct the labor theory of value in order to bring everything in existence within a single commodity logic. For many in Green circles, Karl Marx and a long tradition of Marxian theorists are to be faulted for not directly incorporating the expenditure of physical work/energy by extra-human nature into the theory of value. In response, this article argues that any form of analysis that seeks to eliminate the deep-seated dialectical contradictions between the natural form and the value form, as well as between the capitalist economy and the larger socioecological metabolism, fails to comprehend the complex, interdependent dialectics of nature and humanity. | more…

Rosa Luxemburg

The Social Character of Value

In this excerpt from The Accumulation of Capital, Rosa Luxemburg explains how classical political economy lacks a clear conception of the commodity—both in the terms of the distinctions between use value and exchange value, as well as between concrete and abstract labor. This metaphysical, essentialist framework leads to a complete failure to understand the social character of labor’s capacity to create value. | more…

New this week!
Chinese Yuan

Renminbi: A Century of Change

There is considerable interest in the history and characterization of China’s economy. This overview of the evolution of the renminbi from the late Qing dynasty to the present, shows how China’s political and economic changes in the twentieth and twenty-first centuries are reflected in the development of its highly contested modern currency system. | more…

Cuban Doctors Provide Vaccinations in Senegal in 1973

Cuba’s First Military Doctors

This article will be released in full online November 19, 2018.

In the 1960s and the context of mushrooming popular movements across the globe, the brutality of U.S. imperialism, the unreliability of the Soviet Union as an ally, and the Latin American Communist Parties’ focus on the urban working class, Cuban leaders felt beckoned to help revolutionary projects in Africa. While Cuba sent soldiers, they also sent doctors. By the end of the 1960s, when the Cuban revolutionary government had been in power for only ten years, doctors had been involved in four different African political projects. Cuba’s deployment of military doctors to Africa left profound impacts, both on the host countries and on the Cuban doctors, who were bound to secrecy and only began sharing their stories decades later. | more…

October 2018 (Volume 70, Number 5)

October 2018 (Volume 70, Number 5)

This issue is dedicated to remembering the life and work of Samir Amin (1931–2018), the greatest single theorist of imperialism of the late twentieth and early twenty-first century, and one of the leading world activists and organizers in today’s anti-imperialist struggle. | more…

Samir Amin

The Communist Manifesto, 170 Years Later

In the last piece he wrote before his passing, Samir Amin revisits, for our age, the most important revolutionary document of all time, the Communist Manifesto. In a fitting conclusion to the work of a great revolutionary intellectual, Amin seeks nothing less than to explain the changing world trajectory from 1848 to 2018. Against the persistent vision of the globalized development of capitalism, he puts forward a vision for the transformation of the world through revolutionary processes—breaking with the submission to the deadly vicissitudes of the decadence of civilization.
Panoramic view at Shanghai Pudong from the Eton Hotel

On the Nature of the Chinese Economic System

There is considerable debate within China about the nature of the economy, including recognition of tendencies toward state capitalism. Consequently, most writers focus theorization of the many possible paths the economy could take—whether toward or away from capitalism. The present article takes a step further, arguing that the Chinese system today still contains some key components of socialism and is compatible with a market, or market-based, socialism that is clearly distinct from capitalism. | more…

A factory along the Yangtze River in China

A Subaltern Perspective on China’s Ecological Crisis

The modernization paradigm pursued by China has tended to privilege industry over agriculture, urban over rural, and the middle class over the subaltern, with the country’s growth statistics and policy emphases accordingly geared to such a paradigm. This has resulted in almost mindless degradation of nature. The key question China faces is thus not one of more progress or more growth, but of the multiple tasks of reversing the dire damage already done to its ecology, society, and culture. | more…