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Monthly Review Magazine

February 2010,
Volume 61, Number 9

c o n t e n t s
»notes from the editors

If it is the best of times for the bankers, it is the worst of times for workers. The titans of Wall Street came calling in Washington, D.C. just a few months ago, and were given the keys to the Treasury’s vault. So successful has been the government’s multi-trillion-dollar bailout that even those giant financial institutions in the worst shape are paying back what they owe, mainly to get out from under what they consider to be onerous public interference in their extraordinarily lucrative business activities.…Where bankers once sat quietly while the people’s presumed tribunes in Congress scolded them for their errant ways, now they are dictating the terms of financial “reform” and feeling bold enough to phone in their regrets when fog delayed their plane and they couldn’t make a White House meeting with President Obama, who is begging them day and night to start making loans… | more |

 

Review of the Month:
The Age of Monopoly-Finance Capital
John Bellamy Foster

Three years ago, in December 2006, I wrote an article for Monthly Review entitled “Monopoly-Finance Capital.” The occasion was the anniversary of Paul Baran and Paul Sweezy’s Monopoly Capital, published four decades earlier in 1966.…The article…[discussed] “the dual reality” of stagnant growth (or stagnation) and financialization, characterizing the advanced economies in this phase of capitalism. I concluded that this pointed to two possibilities: (1) a major financial and economic crisis in the form of “global debt meltdown and debt-deflation,” and (2) a prolongation of the symbiotic stagnation-financialization relationship of monopoly-finance capital. In fact, what we have experienced in the last two years, I would argue, is each of these sequentially: the worst financial-economic crisis since the 1930s, and then the system endeavoring to right itself by returning to financialization as its normal means of countering stagnation. It is thus doubly clear today that we are in a new phase of capitalism. In what follows, I shall attempt to outline the logic of this argument, as it evolved out of the work of Baran, Sweezy, and Harry Magdoff in particular, and how it relates to our present economic and social predicament.… | more |

 

New This Week!
The U.S. Economy and China: Capitalism, Class, and Crisis
Martin Hart-Landsberg

The U.S. economy is in bad shape and people are understandably seeking solutions. Many, encouraged by mainstream media and politicians, believe that China’s trade policies bear primary responsibility for the structural decay of our economy and that recovery will require, above all, pressuring the Chinese government to implement “market-freeing” policy changes that will bring the U.S.-China trade relationship into balance.…Despite its popularity, this nation-state approach to understanding the dynamics of the U.S.-China relationship is seriously flawed.… | more |

 

Beyond “Green Capitalism”
Victor Wallis

A disdain for the natural environment has characterized capitalism from the beginning. As Marx noted, capital abuses the soil as much as it exploits the worker. The makings of ecological breakdown are thus inherent in capitalism. No serious observer now denies the severity of the environmental crisis, but it is still not widely recognized as a capitalist crisis, that is, as a crisis arising from and perpetuated by the rule of capital, and hence incapable of resolution within the capitalist framework.

 

István Mészáros, Pathfinder of Socialism
John Bellamy Foster

If I were asked to sum up the significance of István Mészáros for our time, I would have to follow President Hugo Chávez of Venezuela in referring to him as the “Pathfinder of Socialism.” His work…provides a strategic vision of the building of socialism, the absence of which, for many decades, constituted one of the principal weaknesses of the anti-capitalist movement, worldwide.

 

An Untold Chapter in Black History
Safiya Bukhari

I was nineteen when I joined the Black Panther Party and was introduced to the realities of life in inner-city Black America.…From the security of the college campus and the cocoon of the great American Dream Machine, I was suddenly stripped of my rose-colored glasses by a foray into Harlem and indecent housing, police brutality, hungry children needing to be fed, elderly people eating out of garbage cans, and hopelessness and despair everywhere. If I hadn’t seen it for myself, I would never have believed that this was America. It looked and sounded like one of those undeveloped Third World countries.

 

Review:
Exploring the Dialectic of the Bolivarian Revolution
Michael A. Lebowitz

Iain Bruce, The Real Venezuela: Making Socialism in the 21st Century (London: Pluto Press, 2008), 240 pages, $27.90, paperback.

“When Chávez speaks, we listen. But we don’t listen to those around him.” This comment by a community activist interviewed by Iain Bruce, and integrated into his wonderful exploration of the Bolivarian Revolution from below, points to an essential characteristic — the unique link at present (“por ahora”) between Hugo Chávez and the exploited and excluded of Venezuela.

 

Monthly Review Magazine

January 2010,
Volume 61, Number 8

c o n t e n t s
»notes from the editors

As this issue goes to press, the Copenhagen climate summit, which Nicholas Stern, author of The Economics of Climate Change, has referred to as “the most important meeting since the Second World War,” is about to begin. The summit was supposed to herald a new global climate treaty, to replace the failed and expiring Kyoto Protocol. The goal was to create an ambitious, binding international agreement on emissions reductions. Yet, barely a week before its commencement (as we write this) it seems destined to fail.… | more |

Review of the Month:
Why Ecological Revolution?
John Bellamy Foster

It is now universally recognized within science that humanity is confronting the prospect—if we do not soon change course—of a planetary ecological collapse. Not only is the global ecological crisis becoming more and more severe, with the time in which to address it fast running out, but the dominant environmental strategies are also forms of denial, demonstrably doomed to fail, judging by their own limited objectives. This tragic failure, I will argue, can be attributed to the refusal of the powers that be to address the roots of the ecological problem in capitalist production and the resulting necessity of ecological and social revolution.… | more |

 

Advertising Is a “Serious Health Threat”
—to the Environment

Michael Löwy

Climate change has brought the global environmental crisis to its crux. The primary point that must be noted is that the pace of climate change is accelerating much more rapidly than had been forecast. Accumulation of carbon dioxide, rising temperatures, melting of the polar ice caps and of the “eternal snows,” droughts, floods: all are speeding up and previous scientific analyses, the ink scarcely dry, turn out to have been too optimistic. More and more, in projections for the next one, two, or three decades, the highest estimates are becoming accepted minima. And to that must be added the all-too-little-studied amplifying factors that today pose the risk of a qualitative leap in the greenhouse effect leading to runaway global warming.… | more |

 

Africa in a Changing World:
An Inventory

Tsenay Serequeberhan

The Italian communist philosopher Antonio Gramsci makes, in his Prison Notebooks, the following insightful remarks regarding the character of critical work and reflection. He states: “The beginning of a critical elaboration is the consciousness of that which really is, that is to say a ‘knowing of yourself’ as a product of the process of history that has unfolded thus far and has left in you, yourself, an infinity of traces collected without the benefit of an inventory. It is necessary initially to make such an inventory.” In what follows I will undertake such a task.… | more |

 

Jerusalem Holocaust Memorial &
Palestinians’ Plight

Joseph E. Mulligan, S.J.

The unspeakable, overwhelming evil of the Holocaust is a necessary element in any attempt to understand the history of modern Israel. The deliberate, systematic annihilation of six million Jews in Europe, after centuries of intermittent persecution and pogroms, led many Jews around the world to conclude, along with those who had already moved to Palestine since the late nineteenth century, that only in a homeland of their own would they have security.…The fundamental problem that haunts Jews and Palestinians to this day is that the land was already occupied, and the Jewish immigrants had to take it by force. … | more |

 

High in the Andes
James McEnteer

John Malpede has never worried much about transgressing the line between brave and crazy. Otherwise, he would not have started a theater company in Skid Row Los Angeles in the mid-1980s, when few services existed there, and most people, including his own theater members, predicted the idea would never fly. Nor would he have thought it a cool idea to join members of his L.A. troupe with Bolivian actors this August to tour Bolivia—where coca is a major cash crop—with a play about the War on Drugs.… | more |

 

Poetry:
In Time
Denise Bergman

Denise Bergman is the author of Seeing Annie Sullivan, poems based on the early life of Helen Keller’s teacher, which was translated into Braille and made into a Talking Book, and Keyhole Poems, a sequence that combines the history of twelve specific urban places with the present. An excerpt of one poem from that series, “Red,” is permanently installed as public art in Cambridge, MA. | more |

 

Review:
Gramsci’s Grandchild
Elly Leary

Michael D. Yates, In and Out of the Working Class (Winnipeg: Arbeiter Ring Publishing, 2009), 217 pages, $19.95, paperback.

Okay. Let’s get the disclaimers out of the way right now. I am a longtime fan of Mike Yates. A big fan. I have used his materials with community and labor activists, made some contributions to a few of his works, and answered his call to write for Monthly Review on other occasions. So it will come as no surprise that In and Out of the Working Class did not disappoint. This personal reflection and journey through the world of Mike Yates from the early 1950s to the present has made me an even bigger fan. | more |

 

Monthly Review Magazine

December 2009,
Volume 61, Number 7

c o n t e n t s
»notes from the editors

In this issue we are reprinting C. Wright Mills’s “Psychology and Social Science” from the October 1958 issue of Monthly Review. The argument of this piece was subsequently incorporated in Mills’s Sociological Imagination, which appeared fifty years ago this year, and constituted a powerful indictment of mainstream social science. Both “Psychology and Social Science” and the larger Sociological Imagination were strongly influenced by “the principle of historical specificity” as described in Karl Korsch’s Karl Marx. Mills used this to construct a radical challenge to the prevailing notion of a permanent “human nature,” applicable to all societies and social situations. He later referred to The Sociological Imagination — in a letter to an imaginary Soviet correspondent (part of a work he was writing, to be called Letter to a Russian Intellectual) — as “a kind of ‘Anti-Duhring,’” constituting his radical break with ahistorical social science… | more |

 

Review of the Month:
Seize the Crisis!
Samir Amin

The principle of endless accumulation that defines capitalism is synonymous with exponential growth, and the latter, like cancer, leads to death. John Stuart Mill, who recognized this, imagined that a “stationary state of affairs” would put an end to this irrational process. John Maynard Keynes shared this optimism of Reason. But neither was equipped to understand how the necessary overcoming of capitalism could prevail. By contrast, Marx, by giving proper importance to the emerging class struggle, could imagine the reversal of power of the capitalist class, concentrated today in the hands of the ruling oligarchy…

 

The Vulnerable Planet Fifteen Years Later
John Bellamy Foster

The original intent of The Vulnerable Planet,when it was first published fifteen years ago, was to provide a brief historical materialist analysis of the development of the global ecological crisis, beginning with the early civilizations and leading up to the monopoly capitalist society of the late twentieth century. Looking back now at the book as it was originally written — and at the second edition published five years later, incorporating a few minor changes plus an afterword — I see no major point on which the analysis has proven to be substantially wrong or where it needs significant revision. Nevertheless, the last decade and a half has witnessed an acceleration of history with respect to the human relation to the environment, adding force to the concerns that the book expressed…

 

The Assassination of Fred Hampton by the FBI and Chicago Police, Forty Years Later
An interview with Jeffrey Haas

Civil rights lawyer Jeffrey Haas, a founder, in 1969, of Chicago’s People’s Law Office, has written one of the top books of the year: The Assassination of Fred Hampton: How the FBI and the Chicago Police Murdered a Black Panther (Chicago: Lawrence Hill Books, 2009). The story could not be more worth telling. Police response to the 1960s upsurge of the black community was immediate and brutal, especially after the growth of a mass student and youth movement opposed to the Vietnam War. The FBI, as the leading U.S. secret police force, engaged in a nationwide campaign of provocation, infiltration, and assassination, code named the Counterintelligence Program, or “COINTELPRO.” The resulting murders, on December 4, 1969, of charismatic, twenty-one-year-old Chicago Black Panther state chairman Fred Hampton and twenty-two-year-old Black Panther Mark Clark were a pivotal event in the suppression of militant black resistance and the emergence of today’s U.S. police/prison state. The gradual collapse of the Nixon presidency and public outcry against White House-ordered burglaries opened a window permitting the exposure of secret police crimes, including the Hampton assassination. Jeffrey Haas and his partners at the People’s Law Office made good use of this opportunity through determined and creative litigation, and uncovered the story recounted in his book. But the window was slammed shut in succeeding years, and was finally removed entirely—to be replaced by the blank prison wall of the USA Patriot Act. Hampton’s story is no longer primarily a U.S. concern, but one that affects everyone in the world. It is the story of the path to Abu Ghraib. We interviewed Jeffrey Haas in late September 2009.

 

Farmers, Mao, and Discontent in China
Dongping Han

There are widespread misconceptions about numerous aspects of the Chinese revolution. These include a misreading of the Great Leap Forward, the Cultural Revolution, and the “reforms” of the post-Mao era, and the reaction of the overwhelming mass of the peasantry to these movements. Although the revolutionary programs/movements resulted in significant hardships — on the rural population (the Great Leap Forward, 1958-61) or the intellectuals (the Cultural Revolution, 1966-76) — they both produced concrete achievements in the countryside that led to impressive gains in agricultural production and in people’s lives. In contrast, the post-Mao era “reforms” have resulted so far in a huge growth of inequality in China, with the rural population suffering greatly by the dismantling of public support for health and education. In addition, local and regional officials have sold farmland for development purposes, usually lining their own pockets, with inadequate compensation for the farmers. This has resulted in the current massive unrest in rural areas, involving literally hundreds of thousands of incidents with protesting farmers…

 

Reprise:
Psychology and Social Science
C. Wright Mills

Social scientists want to understand not only social structure and history; they want to understand the varieties of individual men and women that are historically selected and formed by the social structures in which they live. The biographies of these people cannot be understood without reference to the historical structures in which are organized the milieux of their everyday lives. It is now possible to trace the meanings of historic transformations not only for individual ways of life but for the very characters of a variety of human beings. As the history-making unit, the nation-state is also the unit within which types of men and women are formed: it is the man-making unit. That is one reason why struggle between nations and between blocs of nations is also struggle over the types of human beings that will eventually prevail; that is why culture and politics are now so intimately related, and that is why there is such need and such demand for the sociological imagination. The problems of social and historical psychology are in many ways the most intriguing that we can today confront. For it is in this area, it happens, that the major intellectual traditions of our time, in fact of Western civilization, have now come to a most exciting confluence…

 

Review:
Cancer and Cold War Capitalism
Susan M. Chambré

Ellen Leopold, Under the Radar: Cancer and the Cold War (New Brunswick, NJ: Rutgers University Press, 2009), 312 pages, $25.95, hardcover.

Health policy histories, like Under the Radar, are especially timely during the current debate about how to reform the U.S. health care system. They provide significant insights into the myriad cultural, social, political, and economic forces that have shaped the U.S. health care system. They also guide policy by identifying the challenges that may serve as barriers to enacting needed reforms…

 

Review:
Got Gas?
Mark Thomas Belches Out the Coca-Cola Company

Mark Thomas, Belching Out the Devil: Global Adventures with Coca-Cola (New York: Nation Books, 2008), 365 pages, $16.95, paperback.

Midway through his courageous and engaging book, Belching Out the Devil, Mark Thomas becomes intrigued by an offer on a Coke Web site, “If you want to know the truth about the Coca-Cola Company: Ask the farmer in India.…”

 

 

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Monthly Review

About the Editors:
Paul M. Sweezy (1910-2004)
Harry Magdoff (1913-2006)
John Bellamy Foster

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