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Craig Medlen dissects the logic behind the Trump administration's efforts to impose tariffs as a way to counteract "unfair" U.S. trade deficits. Situating these deficits in the longer history of U.S. trade hegemony and its crumbling position in the global economy, Medlen uses incontrovertible data to illustrate how mainstream economic orthodoxy fails to acknowledge the effects of foreign inputs that integral to the workings of U.S. monopoly capital.
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October 2025 (Volume 77, Number 5)

October 2025 (Volume 77, Number 5)
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November 2025 (Volume 77, Number 6) Notes from the Editors

November 2025 (Volume 77, Number 6)

It is a commonplace that the world in the first quarter of the twenty-first century is facing multiple, multifaceted crises, threatening all world civilization and the future of humanity itself. So omnipresent is the contemporary world disorder that received ideology has settled on a single word to describe it: “polycrisis.” Anyone who wants to know what polycrisis is and where it comes from will inevitably run up against a blank wall. For the establishment, the vacuousness of the concept of polycrisis is its primary value.
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Trump’s Tariffs and the U.S. Multinational Firm Article

Trump’s Tariffs and the U.S. Multinational Firm

Craig Medlen dissects the logic behind the Trump administration's efforts to impose tariffs as a way to counteract "unfair" U.S. trade deficits. Situating these deficits in the longer history of U.S. trade hegemony and its crumbling position in the global economy, Medlen uses incontrovertible data to illustrate how mainstream economic orthodoxy fails to acknowledge the effects of foreign inputs that integral to the workings of U.S. monopoly capital.
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Eco-Marxism and Prometheus Unbound: Capitalist versus Socialist Ecomodernism Review of the Month

Eco-Marxism and Prometheus Unbound: Capitalist versus Socialist Ecomodernism

In Aeschylus’s play Prometheus Bound, the Prometheus is a revolutionary figure. Defying divine interdiction to bring fire to humanity, the Titan has since been adopted by thinkers from the Enlightenment to today to represent revolutionary forces in human existence. So, John Bellamy Foster asks in November’s Review of the Month, what is “Prometheanism,” and how has the term been used (and misused) in discussions of Marx, the ecological crisis, and sustainable human development?
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The World Wants to Advance to Socialism Article

The World Wants to Advance to Socialism

In this far-reaching analysis, Vijay Prashad enumerates the conditions of the current conjuncture that, despite seemingly intractable capitalist and imperialist hegemony, point to a reinvigorated revolutionary consciousness among the global population. In a world of capitalist degradation, Prashad declares: "A politics to produce dignity is a socialist politics…. Capitalism inherently generates forms of inequality and indignity. Therefore, all undertakings that seek dignity for all are socialist projects."
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Debt as a Tool of Domination: The IMF’s New Loan and Argentina’s Subordination to Global Capital Article

Debt as a Tool of Domination: The IMF’s New Loan and Argentina’s Subordination to Global Capital

In a follow-up to their May 2024 article about the IMF'S vise-grip on Argentina's economy, David Barkin and Juan E. Santarcàngelo examine how recent events continue to shape the efforts of the global and domestic ruling classes to dominate Argentine society through debt, currency scams, and political malfeasance. Underlying all of this, they note, is the continued encroachment of the IMF on Argentina's sovereignty, aided and abetted by the far-right president Javier Milei.
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Exploring the Chinese Revolution Today Article

Exploring the Chinese Revolution Today

Helena Sheehan reflects on the evolution of her intellectual political relationship to China, a journey that began with limited knowledge of a seemingly far-away land and ends with a nuanced understanding grounded in her on-the-ground experiences as a visiting professor at Peking University. Through political and cultural analysis, Sheehan gives readers a peek into what how the Chinese Revolution continues to unfold.
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Sweezy v. New Hampshire: The Radicalism of Principle Reprise

Sweezy v. New Hampshire: The Radicalism of Principle

In this reprise from April 2000, John J. Simon explored the consequences of the landmark Supreme Court case Sweezy v. New Hampshire, which saw MR founding editor facing off against the state of New Hampshire after refusing to respond to questions concerning his political activities. While the case is often seen as marking the waning of McCarthyism, MR editors had a different view: the decline was due to the successful ascension of capitalist interests in U.S. society. "The extreme right had served its purpose, Simon noted, "and could now be reined in."
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Hubert Harrison: A Giant Remembered Review

Hubert Harrison: A Giant Remembered

Paul Buhle reviews Hubert Harrison: Forbidden Genius of Black Radicalism, a new biography of the seminal—yet previously lesser known—activist and journalist, Hubert Harrison. Through this new intellectual and cultural study of Harrison's remarkable life and work, Buhle writes, author Brian Kwoba tells a story of a man ahead of his time in challenging white supremacy and capitalism through Black radical thought.
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Ecological Marxism in the Anthropocene Review of the Month

Ecological Marxism in the Anthropocene

In this interview with Xu Tao and Lv Jiayi, John Bellamy Foster discuss the history and present of ecological Marxism. Foster explores origins of the term Anthropocene and its predecessors, the concept of degrowth, the continuing influence of metabolic rift theory, and the cutting-edge issues facing young scholars of degrowth today.
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Has the Anthropocene Been Canceled? Article

Has the Anthropocene Been Canceled?

Ian Angus illuminates the politics behind the decision by the International Union of Geological Sciences not to recognize the Anthropocene as a formal geological epoch. In recounting the debate, Angus explores how the organization undermined the conclusions of top scientists to oppose the establishment of the Anthropocene, and its implications for the public debate about the planetary crisis.
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Marxism and the History of Philosophy Article

Marxism and the History of Philosophy

"Why," Helena Sheehan asks, "have Marxists…put so much emphasis on the history of philosophy?" She adds: "Is the current G. W. F. Hegel revival conductive to coming to terms with the current conjuncture?" In answering these questions, Sheehan elucidates deep truths about the core of Marxist philosophy and practice, and the importance of remaining deeply rooted in the real world.
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The Economics Profession “Discovers” Secular Stagnation Article

The Economics Profession “Discovers” Secular Stagnation

Michael Meeropol, Howard J. Sherman, and Paul D. Sherman give an account of how mainstream economists came to adopt the idea of secular stagnation, even without recognizing its origins in the work of Marxist economist and MR founder Paul M. Sweezy. The turn, they write, came in the wake of the Great Recession, when the tendency toward stagnation in the U.S. economy became undeniable.
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The great insomnia Poetry

The great insomnia

A new poem by Marge Piercy.
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