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If you read the magazine online and can afford a print subscription, we hope you will consider purchasing one. <a href="https://monthlyreview.org/press/subscriptions/">Please visit the MR store for subscription options</a>. Thank you very much. <span class="fillerauthorname">—Eds.</span></div> <div class="sectionwrap"> <span class="section"> <a href="https://monthlyreview.org/section/reprise/" rel="tag">Reprise</a> </span> </div> <article class="post-198299 post type-post status-publish format-standard has-post-thumbnail hentry category-13921 category-volume-76-issue-01-may section-reprise geography-global subject-capitalism subject-marxism subject-movements subject-political-economy subject-revolutions subject-socialism subject_geography-capitalism subject_geography-geography subject_geography-global subject_geography-marxism subject_geography-movements subject_geography-political-economy subject_geography-revolutions subject_geography-socialism subject_geography-subject">  <header> <h1 class="title entry-title">Socialism—A Time to Retreat? The Perspective of ‘Monthly Review’ at the Opening of the Twenty-First Century</h1> </header>  <div class="byline"> <div class="mr-byline"><em>by</em> <span class="coauthors"><a href="https://monthlyreview.org/author/harrymagdoff/" title="Posts by Harry Magdoff" class="author url fn" rel="author">Harry Magdoff</a>, <a href="https://monthlyreview.org/author/johnbellamyfoster/" title="Posts by John Bellamy Foster" class="author url fn" rel="author">John Bellamy Foster</a> and <a href="https://monthlyreview.org/author/robertwmcchesney/" title="Posts by Robert W. McChesney" class="author url fn" rel="author">Robert W. McChesney</a></span></div> <span class="pubdate"><abbr class="published">(May 01, 2024)</abbr></span> <div class="byline-tags"> <span class="subject"> <span class="before">Topics: </span> <a href="https://monthlyreview.org/subjects/capitalism/" rel="tag">Capitalism</a> <i class="fas fa-ellipsis-v" style="font-size: 50%"></i> <a href="https://monthlyreview.org/subjects/marxism/" rel="tag">Marxism</a> <i class="fas fa-ellipsis-v" style="font-size: 50%"></i> <a href="https://monthlyreview.org/subjects/movements/" rel="tag">Movements</a> <i class="fas fa-ellipsis-v" style="font-size: 50%"></i> <a href="https://monthlyreview.org/subjects/political-economy/" rel="tag">Political Economy</a> <i class="fas fa-ellipsis-v" style="font-size: 50%"></i> <a href="https://monthlyreview.org/subjects/revolutions/" rel="tag">Revolutions</a> <i class="fas fa-ellipsis-v" style="font-size: 50%"></i> <a href="https://monthlyreview.org/subjects/socialism/" rel="tag">Socialism</a> </span> <span class="geography"> <span class="before">Places: </span> <a href="https://monthlyreview.org/geography/global/" rel="tag">Global</a> </span> </div> </div> <div class="post-image "> <div class="wp-caption"> <a href="https://p4r4f7y4.delivery.rocketcdn.me/wp-content/uploads/2015/08/MR-052-04-2000-08.jpg" rel="lightbox" title="Socialism—A Time to Retreat? The Perspective of ‘Monthly Review’ at the Opening of the Twenty-First Century"><img src="https://p4r4f7y4.delivery.rocketcdn.me/wp-content/uploads/2015/08/MR-052-04-2000-08.jpg" alt="Monthly Review Volume 52, Number 4 (September 2000) [PDF]" width="300" height="300" title="Socialism—A Time to Retreat? The Perspective of ‘Monthly Review’ at the Opening of the Twenty-First Century" class="woo-image thumbnail alignnone" /></a>   </div> </div> <section class="entry"> <div class="authorbio">From Harry Magdoff, John Bellamy Foster, and Robert W. McChesney, “Socialism: A Time for Retreat?,” <i>Monthly Review</i> 52, no. 4 (September 2000): 1–7.</div> <p>Some wags claim that it is the conservatives who fear socialism, while the radicals believe that capitalism will last forever. Conservatives, they say, fear widespread popular discontent, while radicals abandon hope of a revolutionary overthrow of capitalism. An exaggeration? Of course. Even so, this witticism is not inappropriate. Many on the left have indeed retreated from class and a vision of a democratic, egalitarian socialism. The important social issues of our day—race, gender, and the environment—more often than not are divorced from the role of class structure. The rule of the capitalist class and the class struggle are shoved to the back burner. Whether consciously or not, the implicit assumption underlying the retreat from class is that capitalism will somehow or other go on and on as it creates miraculous new technology. Best then to stick to making those adjustments in social conditions that the system will presumably allow.</p> <p>This retreat from class is often reinforced by the categorical dismissal of the possibility of socialism. The evidence for this comes from a superficial and ahistorical examination of the kind of socialism that emerged in the Soviet bloc. Thus, the contradictions of “socialism from above” and the emergence of privileged sectors of society disappear from view. Ignored are the wide differences among the people, between elite and masses, between town and country, and between less developed and advantaged regions. Also not taken into account is the interest of the ruling elite in new property relations as a way of ensuring their and their children’s privileged positions. Instead of observing the tensions arising from conflicting interests, a leading tendency among radicals is to zero in on the presumably inevitable failure of central planning as the essential cause of the collapse.…</p> <p>Does [Karl] Marx [as some have recently argued] teach that the first task of the left “is to attend to the development of capitalism?” The Marx we know was first and foremost a social revolutionary. He remained one throughout the vicissitudes of social change, during the advance and retreat of social struggles. Neither the defeat of the 1848 revolutions, the end of the Communist League, nor the destruction of the Paris Commune were occasions for him to forsake revolutionary struggle. Marx and [Frederick] Engels were not summer soldiers. Theirs was the long view. Defeats had to be studied and analyzed to prepare a path for renewed struggle. Moreover, Marx’s intensive study of the “actual development of capitalism” was not a departure from struggle, but viewed as a contribution to the working-class struggle for power to transform society. The first volume of <i>Capital</i> was often referred to in the nineteenth century as the workers’ bible.…</p> <p>It should go without saying where we stand [in all of this]. <i>MR</i> was founded to spread the word on socialism and the struggle to attain it. We find it hard to understand how people who hate social injustice in this country and elsewhere on the planet can be uninvolved in one way or another with the pursuit of socialism. That is not to deny that we have learned a great deal along the way. These lessons, however, have not altered the basic thrust of <i>MR</i>. Despite mistakes, setbacks, and recognition that the road is long and arduous, we must not waver as we continue to study, educate, and be missionaries for the transcendence of the social system of capitalism and the development eventually in its place of a society of equals.</p> </section> <span class="categories"><a href="https://monthlyreview.org/category/2024/" title="View all items in 2024">2024</a>, <a href="https://monthlyreview.org/category/2024/volume-76-issue-01-may/" title="View all items in Volume 76, Number 01 (May 2024)">Volume 76, Number 01 (May 2024)</a></span> <aside id="post-author"> <div class="profile-image"></div> <div class="profile-content"> <h4>About Harry Magdoff</h4> <div class="profile-link"> <a href="https://monthlyreview.org/author/harrymagdoff/"> View all posts by Harry Magdoff <span class="meta-nav">→</span> </a> </div> </div> <div class="fix"></div> </aside> <aside id="connect"> <h3>Connect</h3> <div > <p>Subscribe to the Monthly Review e-newsletter (max of 1-3 per month).</p>  <div id="mc_embed_signup"> <form class="newsletter-form fl" action="//monthlyreview.us2.list-manage.com/subscribe/post?u=36ce609ae68971b4f060ad9c7&id=4f879628ac" method="post" target="popupwindow" onsubmit="window.open('//monthlyreview.us2.list-manage.com/subscribe/post?u=36ce609ae68971b4f060ad9c7&id=4f879628ac', 'popupwindow', 'scrollbars=yes,width=650,height=520');return true"> <input type="text" name="EMAIL" class="required email" value="E-mail" id="mce-EMAIL" onfocus="if (this.value == 'E-mail') {this.value = '';}" onblur="if (this.value == '') {this.value = 'E-mail';}"> <input type="submit" value="Submit" name="subscribe" id="mc-embedded-subscribe" class="btn submit button"> </form> </div>  <div class="social"> <a href="https://monthlyreview.org/feed/" class="subscribe" title="RSS"></a> <a target="_blank" href="https://twitter.com/monthly_review" class="twitter" title="Twitter"></a> <a target="_blank" href="https://www.facebook.com/monthly.review.magazine" class="facebook" title="Facebook"></a> </div> </div> <div class="fix"></div> </aside> <div class="post-utility"></div> </article> <div class="post-entries"> <div class="nav-prev fl"><a href="https://monthlyreview.org/2024/04/01/mr-075-11-2024-04_0/" rel="prev"><i class="fa fa-angle-left"></i> April 2024 (Volume 75, Number 11)</a></div> <div class="nav-next fr"><a href="https://monthlyreview.org/2024/05/01/the-imf-and-class-struggle-in-latin-america/" rel="next">The IMF and Class Struggle in Latin America: Unveiling the Role of the IMF <i class="fa fa-angle-right"></i></a></div> <div class="fix"></div> </div> <div id="comments"><h5 class="nocomments">Comments are closed.</h5></div> </section> <aside id="sidebar"> <div id="crb_related_posts-3" class="widget widget_crb_related_posts"> <div id="related-articles"> <h3>Also in this issue</h3> <ul> <div class="related-post-image"> <img width="100" height="146" src="https://p4r4f7y4.delivery.rocketcdn.me/wp-content/uploads/2024/04/MR-076-01-2024-05-100x146.png" class="attachment-small_thumb size-small_thumb wp-post-image" alt="Monthly Review Volume 76, Number 1 (May 2024)" decoding="async" /> </div> <li> <a href="https://monthlyreview.org/2024/05/01/mr-076-01-2024-05_0/" rel="bookmark"> May 2024 (Volume 76, Number 1) </a> <span class="coauthors-yarp">, <a href="https://monthlyreview.org/author/monthlyrevieweditors/" title="Posts by The Editors" class="author url fn" rel="author">The Editors</a></span> </li> <li> <a href="https://monthlyreview.org/2024/05/01/einsteins-why-socialism-and-monthly-review/" rel="bookmark"> Einstein’s “Why Socialism?” and ‘Monthly Review’: A Historical Introduction </a> <span class="coauthors-yarp">, <a href="https://monthlyreview.org/author/johnbellamyfoster/" title="Posts by John Bellamy Foster" class="author url fn" rel="author">John Bellamy Foster</a></span> </li> <li> <a href="https://monthlyreview.org/2024/05/01/the-council-on-foreign-relations-the-israel-lobby-and-the-war-on-gaza/" rel="bookmark"> The Council on Foreign Relations, the Israel Lobby, and the War on Gaza </a> <span class="coauthors-yarp">, <a href="https://monthlyreview.org/author/laurencehshoup/" title="Posts by Laurence H. 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