Monthly Review https://monthlyreviewarchives.org/index.php/mr <p>This site contains nearly all articles published in <em>Monthly Review</em> since its inception in May 1949. Current subscribers can access content free of charge. Learn more about <em>MR</em>&nbsp;<a title="Monthly Review" href="http://monthlyreview.org/about" target="_self">at the main website</a>.</p> en-US <p>Please see <a title="Reprint Permissions" href="https://monthlyreview.org/contact/reprint-permissions/" target="_blank" rel="noopener">here for reprint requests</a>.</p> archives@monthlyreview.org (Monthly Review Archives) Mon, 01 Apr 2019 00:00:00 -0400 OJS 3.1.2.0 http://blogs.law.harvard.edu/tech/rss 60 Notes from the Editors, April 2019 https://monthlyreviewarchives.org/index.php/mr/article/view/MR-070-11-2019-04_0 <div class="buynow"><a title="Back issue of Monthly Review, April 2019 (Volume 70, Number 11)" href="http://monthlyreview.org/product/mr-070-11-2019-04/">buy this issue</a></div> <p>In the midst of the U.S.-directed coup attempt against the Bolivarian Republic of Venezuela in January–February, Donald Trump delivered a number of verbal attacks on socialism in Venezuela, Cuba, and Nicaragua. The immediate object was to justify U.S. attempts to overthrow the Bolivarian Republic. The less immediate, but hardly less important, goal was to tarnish the growing social democratic (self-styled democratic socialist) movement in the United States, associated with figures like Bernie Sanders and Alexandria Ocasio-Cortez. In order to safeguard their ambitious social-reform program, the new coterie of Democratic Party socialists have thus sought to separate themselves from Venezuela and other Latin American socialist states, presumably abandoning these countries to their fates at the hands of U.S. imperialism. This raises the historic question of <em>social imperialism</em>—a policy of social reform at home and imperial hegemony abroad.</p> - The Editors Copyright (c) 2019 Monthly Review https://monthlyreview.org/contact/reprint-permissions/ https://monthlyreviewarchives.org/index.php/mr/article/view/MR-070-11-2019-04_0 Mon, 01 Apr 2019 00:00:00 -0400 Searching for Alternatives in Eastern Europe https://monthlyreviewarchives.org/index.php/mr/article/view/MR-070-11-2019-04_1 <p>In the 1960s, György Lukács—under the slogan <em>Back to Marx!</em>—called for a "renaissance" of Marxism within Eastern Europe. To understand the nature of this renaissance, we have to understand the many important questions that the Hungarian uprising of 1956 raised for the anti-Stalinist left inside Hungary and Eastern Europe more broadly. This interview goes into the attempts to rethink the future of socialism from the Eastern European situation in the second half of the twentieth century, including the political lessons of 1968, the internal fight within the Hungarian Socialist Party, and the continued relevance of V. I. Lenin's Marxism.</p> Tamás Krausz, Róbert Nárai Copyright (c) 2019 Monthly Review https://monthlyreview.org/contact/reprint-permissions/ https://monthlyreviewarchives.org/index.php/mr/article/view/MR-070-11-2019-04_1 Mon, 01 Apr 2019 00:00:00 -0400 Crisis Management in South Korea and the Hegemonic Strategy of the Chaebols https://monthlyreviewarchives.org/index.php/mr/article/view/MR-070-11-2019-04_2 <p>In the Republic of Korea, <em>chaebols</em>—diversified and large-scale conglomerate forms of capital governed dynastically by an owner and the owner's family—have grown quickly, dominating the Korean market and substantially contributing to the Korean economy since their structuring in the 1970s. Some chaebol affiliates have grown into global economic powers within a mere thirty to forty years. However, the fast growth of the chaebols in Korea has also been associated with crises and in trying to manage these crises chaebols have not only changed the ways in which they accumulate capital, they have sought to establish hegemony over civil society.</p> Kyung-Pil Kim Copyright (c) 2019 Monthly Review https://monthlyreview.org/contact/reprint-permissions/ https://monthlyreviewarchives.org/index.php/mr/article/view/MR-070-11-2019-04_2 Mon, 01 Apr 2019 00:00:00 -0400 Owning Financialization https://monthlyreviewarchives.org/index.php/mr/article/view/MR-070-11-2019-04_4 <p>In the Notes from the Editors of the January 2019 issue of <em>Monthly Review</em>, the editors commented on a blog post by Michael Roberts on the term <em>financialization</em>. In the first part of this short exchange Roberts questions whether <em>financialization</em> is a meaningful and useful term, or simply a distraction from a comprehensive critique contemporary capitalism.</p> Michael Roberts Copyright (c) 2019 Monthly Review https://monthlyreview.org/contact/reprint-permissions/ https://monthlyreviewarchives.org/index.php/mr/article/view/MR-070-11-2019-04_4 Mon, 01 Apr 2019 00:00:00 -0400 The Critique of Financialization https://monthlyreviewarchives.org/index.php/mr/article/view/MR-070-11-2019-04_5 <p>There has been a tendency within liberal analysis of financialization to place an emphasis on the <em>trees</em>, that is, the various speculative mechanisms, rather than the <em>forest</em>, or the growth of finance in relation to production. The reason for this stress on the trees rather than the forest is that, in contemporary capitalist ideology, financialization cannot be brought seriously into question since it is part of the entire architecture of accumulation.</p> Editors - Copyright (c) 2019 Monthly Review https://monthlyreview.org/contact/reprint-permissions/ https://monthlyreviewarchives.org/index.php/mr/article/view/MR-070-11-2019-04_5 Mon, 01 Apr 2019 00:00:00 -0400 Germany's Hidden Social Crisis https://monthlyreviewarchives.org/index.php/mr/article/view/MR-070-11-2019-04_6 <p>Germany is commonly perceived as a strong, dependable island amid a sea of gyrating European uncertainties, a down-to-earth, dependable ally in attempts by the better U.S. presidents to move the world forward as steadily as possible. For the past thirteen years, this view has been personified in the clear, undramatic words and deeds of Angela Merkel, Chancellor of Germany since 2005. Considerable doubts in this appraisal, with evidence that Germany, like every other country, has never been a monolith free of class conflict and other contradictions, are addressed in Oliver Nachtwey's <em>Germany's Hidden Crisis: Social Decline in the Heart of Europe</em>, out now from Verso Books. In describing West German, then all-German, developments from the end of the Second World War until the present, Nachtwey analyzes from the left, unafraid to utilize the ideas of Karl Marx as well as a host of more recent analysts of many shades.</p> Victor Grossman Copyright (c) 2019 Monthly Review https://monthlyreview.org/contact/reprint-permissions/ https://monthlyreviewarchives.org/index.php/mr/article/view/MR-070-11-2019-04_6 Mon, 01 Apr 2019 00:00:00 -0400 Read Revolting Prostitutes https://monthlyreviewarchives.org/index.php/mr/article/view/MR-070-11-2019-04_7 <p><em>Revolting Prostitutes</em> reminds readers that this struggle is at once bigger than any one sex worker's immediate needs, but also must be precisely driven by these day-to-day needs. While this might at first seem contradictory, the book emphasizes how the collective workforce is constituted by individual workers with varied experiences, all of which are unique and valid. Narrative matters and, with <em>Revolting Prostitutes</em>, we are gifted one shaped by nuanced, considerate, care-informed members of the impacted working community.</p> Brit Schulte Copyright (c) 2019 Monthly Review https://monthlyreview.org/contact/reprint-permissions/ https://monthlyreviewarchives.org/index.php/mr/article/view/MR-070-11-2019-04_7 Mon, 01 Apr 2019 00:00:00 -0400 The Debs Way https://monthlyreviewarchives.org/index.php/mr/article/view/MR-070-11-2019-04_3 <div class="ed-auth-intro">This reprise of "The Debs Way"—the text of an address Huberman delivered at the Debs Centennial Meeting held at the Fraternal Clubhouse in New York City on November 28, 1955—not only reminds us of the importance of Eugene Debs to the history of socialism in the United States, but also brings out some of the core beliefs of Huberman's own approach to socialism. Today's conditions are of course vastly different from when Huberman wrote this, more than sixty years ago. There is now a resurgence of the left in the United States, but the basic principles that Huberman derived from Debs remain relevant.</div> Leo Huberman Copyright (c) 2019 Monthly Review https://monthlyreview.org/contact/reprint-permissions/ https://monthlyreviewarchives.org/index.php/mr/article/view/MR-070-11-2019-04_3 Mon, 01 Apr 2019 00:00:00 -0400 Notes from the Editors, March 2019 https://monthlyreviewarchives.org/index.php/mr/article/view/MR-070-10-2019-03_0 <div class="buynow"><a title="Back issue of Monthly Review, March 2019 (Volume 70, Number 10)" href="http://monthlyreview.org/product/mr-070-10-2019-03/">buy this issue</a></div> <p>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.</p> - The Editors Copyright (c) 2019 Monthly Review https://monthlyreview.org/contact/reprint-permissions/ https://monthlyreviewarchives.org/index.php/mr/article/view/MR-070-10-2019-03_0 Tue, 05 Mar 2019 11:49:22 -0500 Global Commodity Chains and the New Imperialism https://monthlyreviewarchives.org/index.php/mr/article/view/MR-070-10-2019-03_1 <p>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.</p> Intan Suwandi, R Jamil Jonna, John Bellamy Foster Copyright (c) 2019 Monthly Review https://monthlyreview.org/contact/reprint-permissions/ https://monthlyreviewarchives.org/index.php/mr/article/view/MR-070-10-2019-03_1 Tue, 05 Mar 2019 00:00:00 -0500