Tag: News

The Socialist Alternative reviewed in Third Rail magazine

February 20, 2024

Michael A. Lebowitz, Professor Emeritus of Economics at Simon Fraser University in Vancouver, Canada, begins his new book, The Socialist Alternative: Real Human Development, by paraphrasing Marx, “A specter is haunting the world – the specter of barbarism.” The barbarism Prof. Lebowitz speaks of is, of course, the yoke of capitalism and depths that it sinks people into in order to satisfy its insatiable greed. The point of this book is to put forth an argument for the necessity of Socialism in the twenty-first century, and the need to focus on human development. Actual human development, not the all consuming hunger of false needs and consumerism that capitalism thrives on and denies the work force.

John Marsh, author of Class Dismissed, in Inside Higher Ed

February 20, 2024

In March, the new governor of Pennsylvania, Tom Corbett, announced a 2011-12 budget that, when combined with the loss of federal stimulus money, would reduce funding to public schools by $1.2 billion dollars, and funding to higher education by $649 million. My own institution, Pennsylvania State University, stood to lose $169 million, or about 51 percent of its state appropriation. As our president, Graham Spanier, pointed out, such cuts “would be the largest percentage reduction to public higher education in this nation’s history.”

John Marsh’s op-ed for the NY Daily News

February 20, 2024

It is not every day that the U.S. secretary of education charges a professor with “insulting all of the hardworking teachers, principals and students all across the country.” But in the cutthroat world of education reform, the daggers have come out. The professor, Diane Ravitch of NYU – who once shared educational reformers’ love for school choice, charter schools and accountability – has in recent years come to oppose them.

Monthly Review Holiday Party

Monthly Review Holiday Party

February 20, 1986

All Monthly Review subscribers, friends, and supporters are welcome to join us for a holiday party in New York City on Thursday, December 13.

NEW! The Endless Crisis: How Monopoly-Finance Capital Produces Stagnation and Upheaval from the USA to China by John Bellamy Foster and Robert W. McChesney

NEW! The Endless Crisis: How Monopoly-Finance Capital Produces Stagnation and Upheaval from the USA to China by John Bellamy Foster and Robert W. McChesney

February 20, 1787

The days of boom and bubble are over, and the time has come to understand the long-term economic reality. Although the Great Recession officially ended in June 2009, hopes for a new phase of rapid economic expansion were quickly dashed. Instead, growth has been slow, unemployment has remained high, wages and benefits have seen little improvement, poverty has increased, and the trend toward more inequality of incomes and wealth has continued. It appears that the Great Recession has given way to a period of long-term anemic growth, which Foster and McChesney aptly term the Great Stagnation.

The Invisible Handcuffs of Capitalism reviewed in Sacramento News & Review

The Invisible Handcuffs of Capitalism reviewed in Sacramento News & Review

February 20, 1681

Michael Perelman, economics professor at CSU Chico, uses the Greek legend of Procrustes, who sadistically shortened or stretched unwary travelers to fit them on his iron bed, as a metaphor for a system that cruelly disciplines workers. In The Invisible Handcuffs of Capitalism: How Market Tyranny Stifles the Economy by Stunting Workers, Perelman shows how economic theory marginalizes workers and makes a robust case against the idea that competitive markets create freedom.

Marx & Philosophy Review of Books on the work of Samir Amin

February 20, 1539

On 3 September 2011 Samir Amin celebrated his 80th birthday. Amin is a consistent and irrepressible exponent of the development of Marxism in his chosen discipline, International Political Economy. His long and fruitful career of intellectual struggle has been marked by a series of publications and re-publications, including the five books under review.

E.P. Thompson and the Making of the New Left reviewed in Radical Ruminations

February 20, 1441

Winslow produced an excellent book. The essays hang together as proposals for, and responses to, the first New Left and as evidence of the intimate connection between Thompson’s historical writing and his politics. They provide a twofold intellectual history of those dramatic years. Thompson is powerful and elegant; Winslow is as passionate about intellectuals in socialist politics as Thompson was when he wrote these indispensable essays. But we need to understand what they built on.

Social Structure and Forms of Consciousness reviewed in International Socialism

February 20, 1354

Karl Marx wrote, “It is not the consciousness of men that determines their existence, but their social existence that determines their consciousness.” With this in mind, István Mészáros uses this two-volume work to locate the philosophy and political economy of the past few centuries within the capitalist mode of production. Capitalist relations of production produce ideological imperatives that are expressed by bourgeois intellectuals, who Marx called the “hired prize fighters” of the bourgeoisie.

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