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October 2000

Volume 52, Number 5


October 2000

Poster image: Courtesy
of CPSG and photographer Danny Lyon

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MONTHLY REVIEW’S
50th ANNIVERSARY
CELEBRATION IS
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September 2000
[ V.52, N.4 ]

July-August 2000
After Seattle: A New
Internationalism?

[ V.52, N.3 ]

June 2000
[ V.52, N.2 ]

May 2000
[ V.52, N.1 ]

Back Issues
[ V.51 ] [ V.50 ]
[ V.49 ]

About
Monthly Review

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Guidelines


RECENT ESSAYS ON:
» Africa
» Asia
» Globalization
» Labor
» Media/
Communications

» NATO/
Kosovo


From the Archives
ESSAYS BY:
» Paul Baran
» Albert Einstein
» Leo Huberman
» Fritz Pappenheim

AN INTERVIEW WITH:
» Che Guevara

c o n t e n t s

» Notes from the Editors

REVIEW OF THE MONTH
Social Security, the Stock Market,
and the Elections

THE EDITORS

Social Security was the crowning achievement of Roosevelt's New Deal. It has been the most successful and still remains the most popular of all U.S. government programs. More than a pension program, Social Security provides for workers and their families in the case of early death and disability, in addition to retirement. In 1997, it provided about twelve trillion dollars worth of life insurance alone, more than that of the entire private life-insurance industry. Furthermore, it does all of this in the form of social insurance, in which the distribution and the amount of benefits provided are determined by family relationships and basic economic rights—factors that private insurance and pension plans ignore. Nearly one-fifth of the elderly in the United States rely on Social Security as virtually their sole source of income, while two-thirds of all recipients depend on it for at least half of their income. Almost half of all white seniors would be classified as poor without their Social Security benefits; nearly half of all black and Latino elderly depend on it for 90 percent or more of their income (Business Week, June 26, 2000, p. 34). For many years it was drummed into the heads of the working population that their Social Security benefits were sacrosanct; they had paid for them and they were owed them. Beware the politician who attempted to take them away.

SNCC: What We Did
JULIAN BOND

"Strong people don't need strong leaders," Ella Baker told us. We were strong people; we did strong things. These are some of the things we did.

The Taiping Peasant Revolt
JOHN NEWSINGER

Contrary to Marx's mistaken conclusion, the Taiping revolt was a great popular revolt, a revolt of the poor and oppressed, that took the form of a messianic Christian crusade to overthrow the old order and establish a communist society. Its early egalitarian aspirations were betrayed by its leaders but, despite this, it still inspired hundreds of thousands of men and women to carry on the fight against the Qing and, for this reason as well as for the telling actions of the British, is worth recalling.

CORRESPONDENCE
Reply to Khalil Hassan
STEVE EARLY

Speaking only for myself, not other grousers, I'd like to point out that my modest contribution to critical thought about the direction of the labor movement is rooted in a considerable amount of "practice"—more than twenty-five years of active duty as a union organizer and representative. Hassan has either not read or has misread the many articles and reviews that I've done over the past five years for Labor Notes, the Nation, the Boston Globe, the Philadelphia Inquirer, the Los Angeles Times, WorkingUSA, New Labor Forum, and other publications. All of these pieces addressed questions related to union revitalization in a manner considerably more nuanced than mere grousing.

BOOK REVIEWS
Ecological Roots: Which Go Deepest?
HELENA SHEEHAN
A review of Marx's Ecology: Materialism and Nature
by John Bellamy Foster

Setting the Record Straight
on the Korean War

MARTIN HART-LANDSBERG
A review of The Korean War, 1945-1953by Hugh Deane.

The Neglected C.L.R. James
PAUL BUHLE
A review of Marxism for Our Times: C.L.R. James
on Revolutionary Organization
by Paul Buhle.

Monthly Review Press

Days and Nights of Love and War

f e a t u r e d
Days and Nights
of Love and War

by Eduardo Galeano

Read Excerpt

Hungry for Profit

f e a t u r e d
Hungry for Profit:
The Agribusiness Threat to Farmers, Food, and the Environment

edited by
Fred Magdoff,
John Bellamy Foster, and Frederick H. Buttel

Read Excerpt

Under the Raj

f e a t u r e d
Under the Raj: Prostitution in Colonial Bengal
by Sumanta
Banerjee

Marx's Ecology

f e a t u r e d
Marx's Ecology: Materialism and Nature
by John Bellamy Foster

Read Excerpt


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