Last week, Republican Senator Ron Johnson called for ending Social Security and Medicare as entitlement programs, instead transferring them into the discretionary budget where they would be gutted.
Monthly Review Blog
Red Theory: Marxism and the Law of Value
In our previous article we looked at what a commodity is and examined use-value and exchange-value. This discussion of value is a cornerstone of Marx’s critique of political economy. The value of any commodity is equal to the socially necessary labor time required to...
King’s forces attack Communist Party of Swaziland members as protests continue
“I was held face down at gunpoint with my arms and legs bound behind for half an hour, while they fired shots and chased down my comrades,” CPS central committee member Vuyiswa Maseko told Peoples Dispatch.
How private corporations stole the sea from the Commons
For most of human history, the oceans have been seen as a global commons, the benefits and resources of which belong to us all in equal measure. But our seas–and the marine environment as a whole–are being ravaged by exploitation for corporate profit. The result is a...
Russia, Turkey launch new economic ‘roadmap’
The Putin-Erdogan meeting in Sochi has rapidly accelerated Russian-Turkish economic initiatives and financial ties. These include bypassing western sanctions, integrating money transfers, and trading outside the dollar.
The new imperialism’s strange bedfellows
Africa's political liberation and economic emancipation can't be one-country affairs, but pan-African combined with international solidarity.
Remembering one of humanity’s worst catastrophe’s—seventy seven years on
President Harry S. Truman’s decision to drop atomic bombs on Hiroshima and Nagasaki set the groundwork for an era of U.S. global hegemony and enriched corporations like General Electric, DuPont, Union Carbide, Bechtel and Westinghouse which made hundreds of billions...
Power: A re-envisaged state and energy justice
Our contemporary era of perpetual crises demands, we contend, a critical reappraisal of the state’s potential role, to supplant the predominant market-led responses to crisis, to advance a more equitable society. Historically, all major theories of the state—liberal...
Economics and the law of the hammer
As yours truly has reported repeatedly during the last couple of years, university students all over the world are increasingly beginning to question if the kind of economics they are taught–mainstream economics–really is of any value. Some have even started to...
Call for solidarity after FBI raids African People’s Socialist Party and Uhuru movement
The specter of a Biden administration-authorized Department of Justice (DOJ) initiated McCarthy-era witch hunt was posed in bold relief last week as FBI agents took aim at a Black liberation organization that has been a sharp critic of the U.S./NATO-backed war in...
Children bear brunt of Israel’s savagery in Gaza
A ceasefire between Israel and the Islamic Jihad resistance group took effect before midnight Sunday, ending a deadly Israeli assault on Gaza.
Kremlin accuses Kiev of nuclear plant shelling, warns of catastrophe
The Kremlin cautions against the possibility of nuclear "catastrophic consequences" for Europe.











