The Puzzle of Financialization
March 1, 2023
Harry Magdoff was coeditor of Monthly Review from 1969 until 2006. Paul M. Sweezy was a founding editor of Monthly Review (along with Leo Huberman) and coedited the magazine from… READ MORE
Article Subjects and Geography: Financialization
Crypto Convulsions, Digital Delusions, and the Inexorable Logic of Finance Capitalism
December 1, 2022
Ramaa Vasudevan is a professor of economics at Colorado State University. The implosion of the market for digital assets in May 2022—the coming of the crypto winter—signals yet another Minsky… READ MORE
The Defense of Nature: Resisting the Financializaton of the Earth
April 1, 2022
On October 28, 2021, political leaders in the Malaysian state of Sabah on the island of Borneo signed an agreement with the Singapore shell company Hoch Standard, without the knowledge… READ MORE
World Development under Monopoly Capitalism
November 1, 2021
Benjamin Selwyn is a professor of international relations and international development at the University of Sussex, Brighton, UK. His publications include The Struggle for Development (Polity Press: 2017). Dara Leyden… READ MORE
Legacies of Definancialization and Defending Real Economy in China
July 1, 2021
Sit Tsui is an associate professor of the Rural Reconstruction Institute at Southwest University in Chongqing, China. He Zhixiong is a researcher officer at the Centre for Cultural Research and… READ MORE
The Contagion of Capital: Financialized Capitalism, COVID-19, and the Great Divide
January 1, 2021
John Bellamy Foster is the editor of Monthly Review and a professor of sociology at the University of Oregon. R. Jamil Jonna is associate editor for communications and production at… READ MORE
China 2020: An Introduction
October 1, 2020
The history of capitalism has been punctuated by periodic struggles for hegemony over the world economy, leading to a centuries-long series of world wars.1 In the twenty-first century, all signs… READ MORE
Absolute Capitalism
May 1, 2019
John Bellamy Foster is editor of Monthly Review and a professor of sociology at the University of Oregon. This article is based on a keynote address, entitled “Absolute Capitalism: The… READ MORE
A Predatory System
April 1, 2018
Leda Maria Paulani is a professor of economics at the University of São Paulo and a senior researcher at the Conseho Nacional de Desenvolvimento Científico e Tecnológico. With Paulo Nakatani,… READ MORE
The Profits of Financialization
July 1, 2016
Costas Lapavitsas is a professor of economics at the School of Oriental and African Studies (SOAS), University of London, and the author of Profiting Without Producing: How Finance Exploits Us… READ MORE