February 1, 2013
For a long time now orthodox economics has been hindered by its extreme irrealism—a refusal even to attempt a realistic theoretical understanding of how modern capitalism functions. The shift to… READ MORE
February 1, 2013
Humanity is not a bunch of lemmings marching unstoppably toward a cliff. There is such a thing as free will…. People please wake up! For the sake of young people,… READ MORE
February 1, 2013
Marc Flandreau is a French economic and financial historian. He teaches at the Graduate Institute of International and Development Studies, Geneva and currently researches the early history of U.S. rating… READ MORE
January 1, 2012
In a little more than two months at this writing (December 3, 2011) the Occupy Wall Street movement has ushered in a new dialectic of world revolt. Occupy movements now… READ MORE
June 1, 2009
Hannah Holleman is a graduate student in sociology at the University of Oregon and a frequent contributor to Monthly Review. Robert W. McChesney is the Gutgsell Endowed Professor in the… READ MORE
March 1, 2009
As we write these notes in late January 2009 the economic depression is worsening with each passing day, creating previously unthinkable conditions. Even as production sinks and unemployment soars in… READ MORE
February 1, 2009
In 1987, in the introduction to their Stagnation and Financial Explosion, Monthly Review editors Harry Magdoff and Paul Sweezy wrote: We both reached adulthood during the 1930s, and it was… READ MORE
January 1, 2009
This year marks the eightieth anniversary of the 1929 Stock Market Crash and the beginning of the Great Depression, the worst economic crisis in the history of capitalism. However, while… READ MORE
December 1, 2008
The historic testimony by former Federal Reserve Board chairman Alan Greenspan before the House Committee of Government Oversight and Reform on October 23, 2008, represented such a startling turnaround for… READ MORE
November 1, 2008
In the Notes from the Editors for the September issue of Monthly Review (written in late July) we asked why, with the United States bailing out the financial sector of… READ MORE