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Monthly Review (USA)

John Bellamy Foster: `The transition to socialism and the transition to an ecological society are one’

John Bellamy Foster's keynote address to the Climate Change, Social Change conference (organised by Green Left Weekly), Sydney, Australia, April 12, 2008. This talk is the basis of the last chapter of The Ecological Revolution: Making Peace with the Planet.

Read an exclusive excerpt from Foster's The Ecological Revolution: Making Peace with the Planet at http://links.org.au/node/1066.

Links readers are also encouraged to purchase a copy of this important new book HERE.

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Exclusive excerpt from Jonah Raskin's `The Mythology of Imperialism' -- `Kipling's Contrasts'

[With the permission of Monthly Review Press, Links International Journal of Socialist Renewal is making available an exclusive excerpt from Jonah Raskin's The Mythology of Imperialism: A Revolutionary Critique of British Literature and Society in the Modern Age. A PDF file, available to read or download, of Chapter 2, ``Kipling's Contrasts'' is below. Readers of Links International Journal of Socialist Renewal are encouraged to purchase The Mythology of Imperialism from the Monthly Review Press website, click HERE.]

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``We, the readers and students of literature, have been hijacked. The literary critics, our teachers, those assassins of culture, have put us up against the wall and held us captive.”

United States: Solidarity sometimes (exclusive excerpt from Steve Early’s new book, Embedded With Organized Labor)

[With the permission of Monthly Review Press, Links International Journal of Socialist Renewal is publishing an exclusive excerpt from Steve Early’s new book, Embedded With Organized Labor: Journalistic Reflections on the Class War at Home. Embedded With Organized Labor describes how trade union members in the United States have organised successfully, on the job and in the community, in the face of employer opposition now and in the past. Steve Early has produced a provocative series of essays -- an unusual exercise in “participatory labor journalism” useful to any reader concerned about social and economic justice. As workers struggle to survive and the labour movements try to revive during the current economic crisis, this book provides ideas and inspiration for trade union activists and friends of labour alike.

Envisioning ecological revolution -- Excerpt from John Bellamy Foster's new book, `The Ecological Revolution'

With the permission of John Bellamy Foster and Monthly Review Press, Links International Journal of Socialist Renewal is publishing an exclusive excerpt from Foster's latest book, The Ecological Revolution: Making Peace with the Planet.

Links readers are encouraged to purchase a copy of this important new book HERE.

The roots of the present ecological crisis, John Bellamy Foster argues in The Ecological Revolution, lie in capital’s rapacious expansion, which has now achieved unprecedented heights of irrationality across the globe. Foster compellingly demonstrates that the only possible answer for humanity is an ecological revolution: a struggle to make peace with the planet.

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Capitalism in Wonderland: Why mainstream economists can't deal with the ecological crisis

By Richard York, Brett Clark and John Bellamy Foster (posted at Links International Journal of Socialist Renewal with permission)

In a recent essay, “Economics Needs a Scientific Revolution”, in one of the leading scientific journals, Nature, physicist Jean-Philippe Bouchaud, a researcher for an investment management company, asked rhetorically, “What is the flagship achievement of economics?” Bouchaud’s answer: “Only its recurrent inability to predict and avert crises”.[1]

Who is endangering civil peace in Nepal?

The Analytical Monthly Review, published in Kharagpur, West Bengal, India, is a sister edition of the United States-based Marxist journal Monthly Review. The May 2009 issue featured this editorial.

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By Analytical Monthly Review (India)

May 2009 -- Few familiar with recent events in Nepal would dispute that there is a serious threat to the civil peace, whose origin dates from the unilateral ceasefire obeyed by the Peoples Liberation Army (PLA) from the start of Dasain 2005. [Dasain is the 10-day rice-harvest festival, held around September-October and observed in Nepal, Sikkim and Darjeeling in India, and in Bhutan.]

Review: John Bellamy Foster and Fred Magdoff's `The Great Financial Crisis'

The Great Financial Crisis
By John Bellamy Foster and Fred Magdoff
New York, Monthly Review Press, 2009
ISBN: 978-1-58367-184-9 paper

Review by Patrick Bond

Four decades ago, Monthly Review cofounder Paul Sweezy vigorously debated financialisation of the US economy with Robert Fitch and Mary Oppenheimer, whose article ``Who Rules the Corporations?'' in the journal Socialist Revolution proved most irritating. The central dispute was over whether debt relationships between banks and corporations – as well as interlocking directorships and other ruling-elite relationships -- translated into control by the former.

Asking ``The Resurgence of Financial Control: Fact or Fancy?'', Sweezy disdainfully answered ``fancy''. During the golden age era of financial stability, until the early 1970s, Sweezy's tracking of intracapitalist power relations allowed him to conclude that bankers were not in control, they were mainly facilitators.

John Bellamy Foster on the economic and ecological crises: `The common denominator is capitalism'

John Bellamy Foster interviewed by Links International Journal of Socialist Renewal/Green Left Weekly's Ruth Ratcliffe

A 20-minute interview recorded with a handheld cam in Oregon, USA, in February 2009. John Bellamy Foster is editor of Monthy Review and professor of sociology at the University of Oregon. He is co-author, with Fred Magdoff, of The Great Financial Crisis: Causes and Consequences (Monthly Review Press, January 2009) among numerous other works. Foster discusses the global economic crisis, its implications for the world and particularly the Australian economy. He also discusses the ecological crisis and the potential for revolutionary change.

Review: A materialist critique of pseudo-science

Review by Duroyan Fertl

Critique of Intelligent Design: Materialism versus Creationism from Antiquity to the Present
By John Bellamy Foster, Brett Clark & Richard York
Monthly Review Press, 2008
240 pages

March 13, 2009 -- In recent decades a form of militant creationism — masquerading as science under the name of “Intelligent Design” — has gone on the offensive, promoting the teaching of biblical creationism in schools, and carrying out a broader “wedge strategy”, aimed at transforming the place and nature of science in society.

Critique of Intelligent Design: Materialism versus Creationism from Antiquity to the Present, is almost overdue in this respect. It traces the rise of the “design” phenomenon, and its relationship to conservative, right-wing politics, and places it in the context of a 2500-year-long debate between materialism and creationism that lies at the heart of Western civilisation.

Paul M. Sweezy: Cars and cities -- `automobilisation' and the `automobile-industrial complex'

By Paul M. Sweezy

[This classic essay first appeared in Monthly Review, vol. 24, no. 11 (April 1973). It has been posted at Links International Journal of Socialist Renewal with the permission of Monthly Review.]

“Cities, after all, have a great deal in common with cars. More and more, in fact, they often seem to be turning into cars. There are deep mysteries here, impenetrable to the present shallow state of human understanding. Somehow, we know not how, things communicate.” — Russell Baker, New York Times, March 8, 1973

John Bellamy Foster: A failed system -- The world crisis of capitalist globalisation and its impact on China

By John Bellamy Foster

John Bellamy Foster is editor of Monthly Review and professor of sociology at the University of Oregon. He is coauthor, with Fred Magdoff, of The Great Financial Crisis: Causes and Consequences (Monthly Review Press, January 2009) among numerous other works. This article was originally a presentation delivered to the International Conference on the Critique of Capital in the Era of Globalization, Suzhou University, Suzhou, China, January 11, 2009. It appeared in the March edition of Monthly Review and is posted at Links International Journal of Socialist Renewal with John Bellamy Foster's permission.

Michael Lebowitz: The path to human development -- capitalism or socialism?

The following is the preface to an important article in the March 2009 issue of Monthly Review by Michael Lebowitz, entitled "The path to human development: capitalism or socialism?". Links International Journal of Socialist Renewal encourages its readers to follow the link below to the full article. Michael Lebowitz will be a featured guest at the World at a Crossroads conference, to be held in Sydney, Australia, on April 10-12, 2009, organised by the Democratic Socialist Perspective, Resistance and Green Left Weekly. Visit http://www.worldATACrossroads.org for full agenda and to book your tickets.

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By Michael A. Lebowitz

If we believe in people, if we believe that the goal of a human society must be that of “ensuring overall human development”, our choice is clear: socialism or barbarism.

John Bellamy Foster: `A whole different kind of struggle is emerging'

John Bellamy Foster is editor of Monthly Review and professor of sociology at the University of Oregon. He is the coauthor with Fred Magdoff of The Great Financial Crisis: Causes and Consequences, recently published by Monthly Review Press. This interview was conducted by Mike Whitney and first appeared at Dissident Voice. It has been posted at Links International Journal of Socialist Renewal with Whitney's permission.

John Bellamy Foster: The great financial crisis: causes and consequences

A November 3, 2008, public lecture by John Bellamy Foster, editor of Monthly Review and co-author (with Fred Magdoff) of The Great Financial Crisis: Causes and Consequences, which will published by Monthly Review Press in January 2009. See also ``Financial implosion and stagnation: Back to the real economy'' , by John Bellamy Foster and Fred Magdoff.

Rifts and shifts and Marx -- Getting to the root of environmental crises

http://www.deviantart.com/print/1778668/?utm_source=deviantart&utm_medium=deviationpage&utm_campaign=buyprintbottom

By Brett Clark and Richard York

[This article, which first appeared in the November 2008 issue of Monthly Review, has been posted at Links International Journal of Socialist Renewal with permission.]

Humans depend on functioning ecosystems to sustain themselves and their actions affect those same ecosystems. As a result, there is a necessary “metabolic interaction” between humans and the earth, which influences both natural and social history. Increasingly, the state of nature is being defined by the operations of the capitalist system, as anthropogenic forces are altering the global environment on a scale that is unprecedented.

John Bellamy Foster: Ecology and the transition from capitalism to socialism

Walk Against Warming, Sydney, 2006.
Photo by Alex Bainbridge/Green Left Weekly

By John Bellamy Foster

[This article, which first appeared in the November 2008 issue of Monthly Review, is a revised version of a keynote address delivered at the “Climate Change, Social Change” conference, Sydney, Australia, April 12, 2008, organised by Green Left Weekly. It is posted at Links International Journal of Socialist Renewal with the author's permission. Watch and listen to Bellamy Foster's presentation HERE. For more articles on Marxism and the ecology, click HERE.]

John Bellamy Foster: `Capitalism has reached its limits'

Postscript to "The Financialization of Capital and the Crisis"

By John Bellamy Foster

October 26, 2008 -- Six months ago the United States was already deep in a financial crisis -- the roots of which were explained in `The Financialization of Capital and the Crisis' (Monthly Review, April 2008). Yet, the conditions now are several orders of magnitude worse and are affecting the entire world.

We are clearly in the midst of one of the great crises in the history of capitalism. More than a mere financial panic, what is taking place is a major devaluation of capital of still undetermined dimensions. Marx explained that capital was invariably over-extended in a boom and that in the crisis that followed a part of that capital was devalued, enabling the rest to return to profitability and to the process of accumulation and expansion.

John Bellamy Foster on climate change: `Demand solutions based on necessity, not wealth and profits'

John Bellamy Foster: We need to go down to 350 parts per million [of carbon dioxide], which means very big social transformations on a scale that would be considered revolutionary by anybody in society today -- transformation of our whole society quite fundamentally. We have to aim at that, and we have to demand that of our society.

Forget about capitalism, forget about whether the system can do it. Don't let that be your barometer. Say this is necessary for the planet, for human survival, for justice, for environmental justice, and we just have to do it.

We demand that be done, and we work out the operating system of the world economy, we work out our social relations of production, in accordance with necessity, in accordance with what is necessary for the planet, not in accordance with what is necessary for the accumulation of wealth and profits for a very few.

John Bellamy Foster: Monopoly finance capital and the crisis

Interview with John Bellamy Foster for the Norwegian daily Klassekampen (posted from MRzine with permission), conducted on October 15, 2008.

Klassekampen: Is the credit crisis a symptom of overaccumulation of capital? It seems to me that investments worldwide, but especially in the United States, were funneled into the traditionally "safe" housing market following the bursting of the dotcom bubble. This overinvestment in turn generated a new bubble, thus causing today's havoc. Is this correct?

John Bellamy Foster: Can the financial crisis be reversed?

Interview with John Bellamy Foster, editor of Monthly Review, for Página/12 (Argentina). This interview was first posted at MRzine on October 10, 2008, and has been posted at Links International Journal of Socialist Renewal with permission.

Página/12: What is your opinion about the decision of the US Treasury Department to consider taking ownership stakes in many United States banks? Do you think this is the right political-economic strategy? I mean, will it lead to the recovery of the system?

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