The Theory of Monopoly Capitalism in the Marx & Philosophy Review of Books
February 20, 2024
The Monthly Review tradition has played a unique and invaluable role in understanding and explaining contemporary social being. Philosophically Monthly Review has been eclectic and broadminded. With respect to political economy the tradition of Monthly Review retains its broadmindedness, but can also be described as both steadfast and innovative. The new edition of John Bellamy Foster’s The Theory of Monopoly Capitalism (2014) is an excellent introduction and elaboration to fundamental issues in Marxian political economy in the context of the debates that emerged concerning monopoly capitalism and the Monthly Review tradition.