The present ongoing coup attempt organized in Washington is simply the latest in a series of such attempts by the U.S. government to overthrow the Bolivarian Republic of Venezuela over the last two decades. It can be seen as having three interrelated motives: (1) the destruction of Venezuelan socialism, (2) regaining control of Venezuela’s oil (the largest petroleum reserves in the world), and (3) reasserting U.S. hegemony over Latin America. | more…
March 2019 (Volume 70, Number 10)
Notes from the Editors
Global Commodity Chains and the New Imperialism
To comprehend twenty-first-century imperialism we must go beyond analysis of the nation-state to a systematic investigation of the increasing global reach of multinational corporations or the role of the global labor arbitrage. At issue is the way in which today’s global monopolies in the center of the world economy have captured value generated by labor in the periphery within a process of unequal exchange, thus getting “more labour in exchange for less. The result has been to change the global structure of industrial production while maintaining and often intensifying the global structure of exploitation and value transfer. | more…
February 2019 (Volume 70, Number 9)
Notes from the Editors
Climatologist James Hansen’s 2018 “Climate Change in a Nutshell: The Gathering Storm,” known as the Nutshell document, is the single most important analysis currently available for general readers seeking to stay abreast of the science and politics of global warming. Nevertheless, denial of the extent of the conflict between capitalism and the climate remains pervasive. Such views were subjected to a strong refutation by Enno Schröder and Servaas Storm in a November 2018 paper entitled “Economic Growth and Carbon Emissions: The Road to ‘Hothouse Earth’ Is Paved With Good Intentions.” | more…
Capitalism Has Failed—What Next?
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 unemployment and underemployment, precariousness, poverty, hunger, wasted output and lives, and what at this point can only be called a planetary ecological “death spiral.” Many of the symptoms of the failure of capitalism are well-known. Nevertheless, they are often attributed not to capitalism as a system, but simply to neoliberalism, viewed as a particular paradigm of capitalist development that can be replaced by another, better one. A critical-historical analysis of neoliberalism is therefore crucial both to grounding our understanding of capitalism today and uncovering the reason why all alternatives to neoliberalism and its capitalist absolutism are closed within the system itself. | more…
New Means of Workplace Surveillance
From the Gaze of the Supervisor to the Digitalization of Employees
Workplace surveillance and the invasion of employee privacy have always been present under capitalism. Historically, this has mostly involved the combination of visual observation and abstract time, focusing on employee performance. However, the development of new information and communication technologies has brought important changes to the manner in which employers control employee productivity. Such digitalization or datafication of employees constitutes a qualitative change in the history of workplace surveillance—a change that reduces workers, their performance and bodies, to lines of code and flows of data to be scrutinized and manipulated. | more…
Scholarship on the Rise of the Right
Liberal Historians and the Retreat from Class
While the explosion of studies on the rise of the right has undoubtedly enriched our understanding of these powerful forces and individuals, we are due for critical assessments of these studies from the left. Over the past few decades, dismissals of class-based interpretations of history have plagued this type of scholarship. Expressed by some of the profession’s most institutionally privileged members, such dismissals have led to a narrowing of discussions and debates by limiting studies to the tensions between liberals and conservatives and by downplaying or ignoring leftist critiques of liberalism. | more…
Fighting for Migrant Workers in Hong Kong
Eni Lestari interviewed by Promise Li
The precarious state of migrant workers has become a major area of concern for the contemporary global economy. In Southeast Asian regions in particular, the number of migrant workers has spiked since the 1990s. In the city of Hong Kong, domestic migrant workers, predominantly Filipino and Indonesian women, now make up around a tenth of the total working population. Since the beginning of Southeast Asia’s labor diaspora, activists have been fiercely organizing against the rampant exploitation and abuse of migrant workers. | more…
January 2019 (Volume 70, Number 8)
Notes from the Editors
In this issue we commemorate the fortieth anniversary of the publishing of the definitive version of The Combahee River Collective Statement in Zillah Eisenstein, ed., Capitalist Patriarchy and the Case for Socialist Feminism. We are also extremely pleased to announce Monthly Review Press author Kohei Saito has won the prestigious Deutscher prize for 2018 for his Karl Marx’s Ecosocialism: Capital, Nature, and the Unfinished Critique of Political Economy. There is no doubt that this book constitutes one of the great works of Marxian theory in our time. | more…
South Africa Suffers Capitalist Crisis Déjà Vu
Business tycoon Cyril Ramaphosa, who, according to Forbes, was worth more than $450 million in 2015, has been the president of the ruling African National Congress since December 2017. Despite the change in ruling-party leadership, the residual old-guard politicians from the era of Jacob Zuma’s patrimonial, corrupt regime still retain enormous power. | more…
Black Feminism and the Combahee River Collective
This reprint of Keeanga-Yamahtta Taylor’s introduction to How We Get Free—Black Feminism and the Combahee River Collective serves as an introduction to both the Combahee River Collective and their seminal statement on black feminism. | more…
A Black Feminist Statement
The most general statement of our politics at the present time would be that we are actively committed to struggling against racial, sexual, heterosexual, and class oppression and see as our particular task the development of integrated analysis and practice based upon the fact that the major systems of oppression are interlocking. The synthesis of these oppressions creates the conditions of our lives. | more…