Immanuel Wallerstein, the celebrated world-systems theorist and longtime contributor to Monthly Review and Monthly Review Press, died on August 31, 2019. Wallerstein first achieved international fame with the publication in 1974 of his The Modern World-System: Capitalist Agriculture and the Origins of the World-Economy in the Sixteenth Century (the first in a four-volume masterwork on the Modern World-System. We pay tribute to Wallerstein in this new issue of Monthly Review. | more…
November 2019 (Volume 71, Number 6)
Notes from the Editors
On Fire This Time
We are seeing today what appear to be the beginnings of an ecological revolution, a new historical moment unlike any humanity has experienced. Not only is the planet burning, but a revolutionary climate movement is rising up and is now on fire in response. | more…
The Angler and the Octopus
Kim Jong-un's Ongoing Peace Offensive
Ever since the United States divided the Korean peninsula in 1945, North Korea has had to cope with the existential challenge of U.S. hostility. Korea marks the western boundary of the empire, a border area where the sea power of the United States adjoins the land power of Russia and China. North Korea has been able to utilize this liminality to create a sovereign stateÑthe Democratic People’s Republic of KoreaÑwhose independence is not welcomed by either Moscow or Beijing but tolerated because the alternatives, a client of the other or absorption into the U.S. empire, are considered worse. Washington, as global hegemon, has been less willing to tolerate this independence but has faced constraints. The result has been a policy of hostility, of unrelenting diplomatic and economic war of varying intensity, stopping short of actual kinetic war, though never far from it. | more…
The Trial of Thomas Hardy
A Forgotten Chapter in the Working-Class Fight for Democratic Rights
November 5, 2019, is the 225th anniversary of the acquittal of Thomas Hardy on charges of High Treason. Hardy is nearly forgotten today, but for decades workers and democrats in England celebrated November 5 as the anniversary of a major victory, a triumph over a powerful state that had deployed immense resources to crush working-class organizations and suppress popular demands for democratic rights. | more…
Endgame Marxism (and Urbanism)
Collectivity and individuality express two different aspects of Marxism’s humanist tradition, of how they ought to go together. It is another way to frame the dialectic of justice and jouissance, a radical hope for equality on the one side, plus a diversity of self-expression on the other. In a sense, this is not only what Marxism should offer; it is what any city should offer, too. Cities should reconcile problems of freedom and necessity, ought to provide affordable housing and a decent quality of life, alongside novelty of experience and scope for expansive individuality. | more…
U.S. Weakness and the Struggle for Hegemony
Monthly Review and Monthly Review Press author and celebrated world-systems theorist Immanuel Wallerstein died on August 31, 2019. In his memory, we republish an article that first appeared in Monthly Review 55, no. 3 (JulyÐAugust 2003). | more…
This is our legacy
is the author of many books of poetry, most recently Made in Detroit. | more…
Race and Mystery in Cape Cod
This article will be released in full online November 25, 2019.
In Bill Fletcher Jr.’s first novel, The Man Who Fell from the Sky, the sleepy Cape Cod town of Osterville has blood on its hands. In this murder mystery, Fletcher digs through layers of racism in Southern Massachusetts to uncover more than the killer’s identity. The novel compellingly exposes the racism of society, turning its victims against each other. | more…
October 2019 (Volume 71, Number 5)
Notes from the Editors
New issue of Monthly Review! If there is one thing that is clear about the economic situation in the mature capitalist economies, as we write these notes in mid-August 2019, it is that the financial world is increasingly running scared and looking for safe havens, worrying about the storm clouds ahead. There is now little doubt that the world economy is on the verge of a recession after a long sluggish recovery from the Great Financial Crisis of 2007-09. In itself this should not give occasion to surprise. In this instance, however, there lurks a bigger fear, the possibility of a financial Armageddon on the level of the Great Financial Crisis of 2008—or worse. | more…
The Rise of the Right
In an interview with Farooque Chowdhury, Monthly Review editor John Bellamy Foster speaks about the historical conditions associated with the rise of new far-right movements of a broadly neofascist character. What we are witnessing, especially in the advanced capitalist world, is the development of a neoliberal-neofascist alliance, reflecting the decline of the liberal-democratic state. Neofascism is the most dangerous and volatile phenomenon in this emerging right-wing historical bloc. All of this has to be seen in relation to the structural crisis of capitalism and growing ruling-class attempts to restructure the state-capital relationship so as to create regimes more exclusively for capital. | more…
Socialist Internationalism Against the European Union
Costas Lapavitsas’s The Left Case Against the EU (Polity, 2019) is recognized as the leading work advocating Lexit, the left-wing case for Brexit, and for nations leaving the European Union more generally. In light of current Conservative British Prime Minister Boris Johnson’s commitment to exit the European Union by October 31, even if it means a no-deal Brexit, the role of the left takes on growing importance. Moreover, this raises issues of the European Union generally, including the dominance of neoliberalism within it and the question of German hegemony. Here, Neil Davidson offers an assessment of Lapavitsas’s book. | more…