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<span class="woocommerce-Price-amount amount"><bdi><span class="woocommerce-Price-currencySymbol">$</span>0.00</bdi></span> </a> <ul> <li><div class="widget woocommerce widget_shopping_cart"><div class="widget_shopping_cart_content"></div></div></li> </ul> </li> </ul> </div> </section> <a href="#top" class="nav-close"><span>Return to Content</span></a> </nav>  <div data-rocket-location-hash="95eddc2b609bc459c61fc58f88df5d4a" id="content" class="col-full"> <div id="main-sidebar-container">  <section id="main" class="col-left"> <div class="loop-meta"> <h1 class="loop-title"></h1> </div> <div data-rocket-location-hash="e5cfa9790064fbaaa08db600d48eb11b" class="fix"></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"> <a href="https://monthlyreview.org/2024/05/01/socialism-a-time-to-retreat/" class="post-thumnbail"><img width="100" height="146" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%20100%20146'%3E%3C/svg%3E" class="attachment-small_thumb size-small_thumb wp-post-image" alt="Monthly Review Volume 52, Number 4 (September 2000) [PDF]" decoding="async" data-lazy-src="https://p4r4f7y4.delivery.rocketcdn.me/wp-content/uploads/2015/08/MR-052-04-2000-08-100x146.jpg" /><noscript><img width="100" height="146" src="https://p4r4f7y4.delivery.rocketcdn.me/wp-content/uploads/2015/08/MR-052-04-2000-08-100x146.jpg" class="attachment-small_thumb size-small_thumb wp-post-image" alt="Monthly Review Volume 52, Number 4 (September 2000) [PDF]" decoding="async" /></noscript></a> <header> <h2 class="title post-title"><a href="https://monthlyreview.org/2024/05/01/socialism-a-time-to-retreat/">Socialism—A Time to Retreat? The Perspective of ‘Monthly Review’ at the Opening of the Twenty-First Century</a></h2> </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> <p>In this reprise from September 2000, Harry Magdoff, John Bellamy Foster, and Robert W. McChesney look forward to the future of <em>Monthly Review</em> in the twenty-first century: “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…of a society of equals.” | <a class="more-link" href="https://monthlyreview.org/2024/05/01/socialism-a-time-to-retreat/" title="Socialism—A Time to Retreat? The Perspective of ‘Monthly Review’ at the Opening of the Twenty-First Century">more…</a></p> </article> <div class="fix"></div> <article class="post-92055 product type-product status-publish has-post-thumbnail product_cat-books product_cat-books-cloth product_cat-books-ebooks product_cat-books-paperback product_tag-fascism pa_format-cloth pa_format-ebook pa_format-paperback geography-global geography-united-states subject-economic-crisis subject-empire subject-inequality subject-state-repression subject_geography-economic-crisis subject_geography-empire subject_geography-global subject_geography-inequality subject_geography-state-repression subject_geography-united-states first instock taxable shipping-taxable purchasable product-type-variable has-default-attributes"> <a href="https://monthlyreview.org/product/trump_in_the_white_house/" class="post-thumnbail"><img width="100" height="146" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%20100%20146'%3E%3C/svg%3E" class="attachment-small_thumb size-small_thumb wp-post-image" alt="" decoding="async" data-lazy-src="https://p4r4f7y4.delivery.rocketcdn.me/wp-content/uploads/2017/08/mrp6806-100x146.jpg" /><noscript><img width="100" height="146" src="https://p4r4f7y4.delivery.rocketcdn.me/wp-content/uploads/2017/08/mrp6806-100x146.jpg" class="attachment-small_thumb size-small_thumb wp-post-image" alt="" decoding="async" /></noscript></a> <header> <h2 class="title post-title"><a href="https://monthlyreview.org/product/trump_in_the_white_house/">Trump in the White House: Tragedy and Farce</a></h2> </header> <div class="byline"> <div class="mr-byline"><em>by</em> <span class="coauthors edited translated"><a href="https://monthlyreview.org/author/johnbellamyfoster/" title="Posts by John Bellamy Foster" class="author url fn" rel="author">John Bellamy Foster</a>; with a foreword by <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> <div class="byline-tags"> <span class="subject"> <span class="before">Topics: </span> <a href="https://monthlyreview.org/subjects/economic-crisis/" rel="tag">Economic Crisis</a> <i class="fas fa-ellipsis-v" style="font-size: 50%"></i> <a href="https://monthlyreview.org/subjects/empire/" rel="tag">Empire</a> <i class="fas fa-ellipsis-v" style="font-size: 50%"></i> <a href="https://monthlyreview.org/subjects/inequality/" rel="tag">Inequality</a> <i class="fas fa-ellipsis-v" style="font-size: 50%"></i> <a href="https://monthlyreview.org/subjects/state-repression/" rel="tag">State Repression</a> </span> <span class="geography"> <span class="before">Places: </span> <a href="https://monthlyreview.org/geography/global/" rel="tag">Global</a> <i class="fas fa-ellipsis-v" style="font-size: 50%"></i> <a href="https://monthlyreview.org/geography/americas/united-states/" rel="tag">United States</a> </span> </div> </div> <p>Remember that metaphor about the frog that slowly cooks to death in the pot of increasingly warm water? Leftists have used it for years to describe how people can accept dwindling health care, fading job opportunities, eroding racial and gender equality—as long as the loss occurs gradually. Now, with Donald Trump having slouched off to Washington, most of the mainstream media are working overtime to convince us that we can still stand the heat. Leave it to John Bellamy Foster, one of the world’s outstanding radical scholars, to expose Trump for who and what he is: a neo-fascist. Just at the boiling point, Foster offers us cool logic to comprehend the system that created Trump’s moral and political emergency—and to resist it. | <a class="more-link" href="https://monthlyreview.org/product/trump_in_the_white_house/" title="Trump in the White House: Tragedy and Farce">more…</a></p> </article> <div class="fix"></div> <article class="post-17934 post type-post status-publish format-standard hentry category-2606 category-volume-66-issue-10-march geography-americas geography-united-states subject-media subject-political-economy subject_geography-americas subject_geography-media subject_geography-political-economy subject_geography-united-states"> <header> <h2 class="title post-title"><a href="https://monthlyreview.org/2015/03/01/the-personal-is-political/">The Personal Is Political</a></h2> <h3 class="subtitle entry-title">The Political Economy of Noncommercial Radio Broadcasting in the United States</h3> </header> <div class="byline"> <div class="mr-byline"><em>by</em> <span class="coauthors"><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">(Mar 01, 2015)</abbr></span> <div class="byline-tags"> <span class="subject"> <span class="before">Topics: </span> <a href="https://monthlyreview.org/subjects/media/" rel="tag">Media</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> </span> <span class="geography"> <span class="before">Places: </span> <a href="https://monthlyreview.org/geography/americas/" rel="tag">Americas</a> <i class="fas fa-ellipsis-v" style="font-size: 50%"></i> <a href="https://monthlyreview.org/geography/americas/united-states/" rel="tag">United States</a> </span> </div> </div> <p>In this essay, I look at the problems facing progressives and those on the political left in the United States in participating in political analysis and debate in mainstream journalism and the news media. I focus on radio broadcasting, as this is where much of political discussion takes place in the United States. Radio broadcasting is the least expensive of the media for production and reception, is ubiquitous, has adapted itself to the Internet, and is uniquely suited for locally based programming.… I look specifically at my own experience hosting a weekly public affairs program on an NPR (National Public Radio)-affiliated radio station in Illinois from 2002–2012. This was, to my knowledge, the only NPR series hosted by a socialist in the network’s history. | <a class="more-link" href="https://monthlyreview.org/2015/03/01/the-personal-is-political/" title="The Personal Is Political">more…</a></p> </article> <div class="fix"></div> <article class="post-20094 product type-product status-publish has-post-thumbnail product_cat-books product_cat-books-cloth product_cat-books-ebooks product_cat-books-paperback product_tag-grassroots-books pa_format-cloth pa_format-ebook pa_format-paperback geography-americas geography-united-states subject-media subject-movements subject-political-economy subject_geography-americas subject_geography-media subject_geography-movements subject_geography-political-economy subject_geography-united-states instock taxable shipping-taxable purchasable product-type-variable has-default-attributes"> <a href="https://monthlyreview.org/product/blowing_the_roof_off_the_twenty-first_century/" class="post-thumnbail"><img width="100" height="146" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%20100%20146'%3E%3C/svg%3E" class="attachment-small_thumb size-small_thumb wp-post-image" alt="Blowing the Roof Off the Twenty-First Century: Media, Politics, and the Struggle for Post-Capitalist Democracy" decoding="async" data-lazy-src="https://p4r4f7y4.delivery.rocketcdn.me/wp-content/uploads/2015/08/cl4789-100x146.jpg" /><noscript><img width="100" height="146" src="https://p4r4f7y4.delivery.rocketcdn.me/wp-content/uploads/2015/08/cl4789-100x146.jpg" class="attachment-small_thumb size-small_thumb wp-post-image" alt="Blowing the Roof Off the Twenty-First Century: Media, Politics, and the Struggle for Post-Capitalist Democracy" decoding="async" /></noscript></a> <header> <h2 class="title post-title"><a href="https://monthlyreview.org/product/blowing_the_roof_off_the_twenty-first_century/">Blowing the Roof Off the Twenty-First Century: Media, Politics, and the Struggle for Post-Capitalist Democracy</a></h2> </header> <div class="byline"> <div class="mr-byline"><em>by</em> <span class="coauthors"><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> <div class="byline-tags"> <span class="subject"> <span class="before">Topics: </span> <a href="https://monthlyreview.org/subjects/media/" rel="tag">Media</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> </span> <span class="geography"> <span class="before">Places: </span> <a href="https://monthlyreview.org/geography/americas/" rel="tag">Americas</a> <i class="fas fa-ellipsis-v" style="font-size: 50%"></i> <a href="https://monthlyreview.org/geography/americas/united-states/" rel="tag">United States</a> </span> </div> </div> <p>In the United States and much of the world there is a palpable depression about the prospect of overcoming the downward spiral created by the tyranny of wealth and privilege and establishing a truly democratic and sustainable society. It threatens to become self-fulfilling. In this trailblazing new book, award-winning author Robert W. McChesney argues that the weight of the present is blinding people to the changing nature and the tremendous possibilities of the historical moment we inhabit. In <em>Blowing the Roof Off the Twenty-First Century</em>, he uses a sophisticated political economic analysis to delineate the recent trajectory of capitalism and its ongoing degeneration. | <a class="more-link" href="https://monthlyreview.org/product/blowing_the_roof_off_the_twenty-first_century/" title="Blowing the Roof Off the Twenty-First Century: Media, Politics, and the Struggle for Post-Capitalist Democracy">more…</a></p> </article> <div class="fix"></div> <article class="post-11239 post type-post status-publish format-standard hentry category-1732 category-volume-66-issue-03-july-august geography-americas geography-global geography-united-states subject-internet subject-media subject-movements subject-political-economy subject-stagnation subject-state-repression subject_geography-americas subject_geography-global subject_geography-internet subject_geography-media subject_geography-movements subject_geography-political-economy subject_geography-stagnation subject_geography-state-repression subject_geography-united-states"> <header> <h2 class="title post-title"><a href="https://monthlyreview.org/2014/07/01/surveillance-capitalism/">Surveillance Capitalism</a></h2> <h3 class="subtitle entry-title">Monopoly-Finance Capital, the Military-Industrial Complex, and the Digital Age</h3> </header> <div class="byline"> <div class="mr-byline"><em>by</em> <span class="coauthors"><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">(Jul 01, 2014)</abbr></span> <div class="byline-tags"> <span class="subject"> <span class="before">Topics: </span> <a href="https://monthlyreview.org/subjects/internet/" rel="tag">Internet</a> <i class="fas fa-ellipsis-v" style="font-size: 50%"></i> <a href="https://monthlyreview.org/subjects/media/" rel="tag">Media</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/stagnation/" rel="tag">Stagnation</a> <i class="fas fa-ellipsis-v" style="font-size: 50%"></i> <a href="https://monthlyreview.org/subjects/state-repression/" rel="tag">State Repression</a> </span> <span class="geography"> <span class="before">Places: </span> <a href="https://monthlyreview.org/geography/americas/" rel="tag">Americas</a> <i class="fas fa-ellipsis-v" style="font-size: 50%"></i> <a href="https://monthlyreview.org/geography/global/" rel="tag">Global</a> <i class="fas fa-ellipsis-v" style="font-size: 50%"></i> <a href="https://monthlyreview.org/geography/americas/united-states/" rel="tag">United States</a> </span> </div> </div> <p>The United States came out of the Second World War as the hegemonic power in the world economy. The war had lifted the U.S. economy out of the Great Depression by providing the needed effective demand in the form of endless orders for armaments and troops. Real output rose by 65 percent between 1940 and 1944, and industrial production jumped by 90 percent. At the immediate end of the war, due to the destruction of the European and Japanese economies, the United States accounted for over 60 percent of world manufacturing output. The very palpable fear at the top of society as the war came to a close was that of a reversion to the pre-war situation in which domestic demand would be insufficient to absorb the enormous and growing potential economic surplus generated by the production system, thereby leading to a renewed condition of economic stagnation and depression.… Postwar planners in industry and government moved quickly to stabilize the system through the massive promotion of a sales effort in the form of a corporate marketing revolution based in Madison Avenue, and through the creation of a permanent warfare state, dedicated to the imperial control of world markets and to fighting the Cold War, with its headquarters in the Pentagon. The sales effort and the military-industrial complex constituted the two main surplus-absorption mechanisms (beyond capitalist consumption and investment) in the U.S. economy in the first quarter-century after the Second World War. | <a class="more-link" href="https://monthlyreview.org/2014/07/01/surveillance-capitalism/" title="Surveillance Capitalism">more…</a></p> </article> <div class="fix"></div> <article class="post-10835 post type-post status-publish format-standard hentry category-1732 category-volume-66-issue-02-june geography-americas geography-united-states subject-media subject_geography-americas subject_geography-media subject_geography-united-states"> <header> <h2 class="title post-title"><a href="https://monthlyreview.org/2014/06/01/rupert-murdoch-not-silent-but-deadly/">Rupert Murdoch: Not Silent, But Deadly</a></h2> </header> <div class="byline"> <div class="mr-byline"><em>by</em> <span class="coauthors"><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">(Jun 01, 2014)</abbr></span> <div class="byline-tags"> <span class="subject"> <span class="before">Topics: </span> <a href="https://monthlyreview.org/subjects/media/" rel="tag">Media</a> </span> <span class="geography"> <span class="before">Places: </span> <a href="https://monthlyreview.org/geography/americas/" rel="tag">Americas</a> <i class="fas fa-ellipsis-v" style="font-size: 50%"></i> <a href="https://monthlyreview.org/geography/americas/united-states/" rel="tag">United States</a> </span> </div> </div> <p>Rupert Murdoch is unquestionably the single most important media figure of our times. He is a dominant force in the journalism and politics of the United States, the United Kingdom, and Australia. Whether the world would be the same with some other person playing the same role had he never been born is an academic matter. In this world, Murdoch controls a vast media empire, which pushes his political agenda and his commercial ambitions. One studies Murdoch much like one studies Rommel: in awe of the vision but petrified by the consequences of his actions. | <a class="more-link" href="https://monthlyreview.org/2014/06/01/rupert-murdoch-not-silent-but-deadly/" title="Rupert Murdoch: Not Silent, But Deadly">more…</a></p> </article> <div class="fix"></div> <div class="sectionwrap"> <span class="section"> <a href="https://monthlyreview.org/section/review-of-the-month/" rel="tag">Review of the Month</a> </span> </div> <article class="post-10518 post type-post status-publish format-standard hentry category-1732 category-volume-65-issue-09-february section-review-of-the-month geography-americas geography-united-states subject-media subject-movements subject-stagnation subject_geography-americas subject_geography-media subject_geography-movements subject_geography-stagnation subject_geography-united-states"> <header> <h2 class="title post-title"><a href="https://monthlyreview.org/2014/02/01/sharp-left-turn-media-reform-movement/">Sharp Left Turn for the Media Reform Movement</a></h2> <h3 class="subtitle entry-title">Toward a Post-Capitalist Democracy</h3> </header> <div class="byline"> <div class="mr-byline"><em>by</em> <span class="coauthors"><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">(Feb 01, 2014)</abbr></span> <div class="byline-tags"> <span class="subject"> <span class="before">Topics: </span> <a href="https://monthlyreview.org/subjects/media/" rel="tag">Media</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/stagnation/" rel="tag">Stagnation</a> </span> <span class="geography"> <span class="before">Places: </span> <a href="https://monthlyreview.org/geography/americas/" rel="tag">Americas</a> <i class="fas fa-ellipsis-v" style="font-size: 50%"></i> <a href="https://monthlyreview.org/geography/americas/united-states/" rel="tag">United States</a> </span> </div> </div> <p>The contemporary media reform movement exploded into prominence in the United States in 2003 as a response to the effort by the Bush Federal Communications Commission (FCC) to weaken media ownership regulations.… The size and success of this popular uprising was…a testament to the power of activism to thwart the plans of the powerful in seemingly hopeless conditions.… The Obama campaign in 2007 and 2008 expressed interest in media reform and worked closely with members of the movement…. Except for Obama’s speech against the Iraq War invasion, it was arguably his communication platform that most distinguished him as a progressive in the 2008 presidential primaries.… One can debate whether this was an appropriate strategic shift at the time but there can be no debate that the strategy failed. The Obama administration abandoned its platform almost immediately, and repudiated the movement. | <a class="more-link" href="https://monthlyreview.org/2014/02/01/sharp-left-turn-media-reform-movement/" title="Sharp Left Turn for the Media Reform Movement">more…</a></p> </article> <div class="fix"></div> <article class="post-9852 post type-post status-publish format-standard hentry category-1626 category-volume-65-issue-03-july-august features-missing-chapters-of-monopoly-capital geography-americas geography-united-states subject-media subject-political-economy subject-stagnation subject_geography-americas subject_geography-media subject_geography-political-economy subject_geography-stagnation subject_geography-united-states"> <header> <h2 class="title post-title"><a href="https://monthlyreview.org/2013/07/01/the-cultural-apparatus-of-monopoly-capital/">The Cultural Apparatus of Monopoly Capital</a></h2> <h3 class="subtitle entry-title">An Introduction</h3> </header> <div class="byline"> <div class="mr-byline"><em>by</em> <span class="coauthors"><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">(Jul 01, 2013)</abbr></span> <div class="byline-tags"> <span class="subject"> <span class="before">Topics: </span> <a href="https://monthlyreview.org/subjects/media/" rel="tag">Media</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/stagnation/" rel="tag">Stagnation</a> </span> <span class="geography"> <span class="before">Places: </span> <a href="https://monthlyreview.org/geography/americas/" rel="tag">Americas</a> <i class="fas fa-ellipsis-v" style="font-size: 50%"></i> <a href="https://monthlyreview.org/geography/americas/united-states/" rel="tag">United States</a> </span> </div> </div> <p>The past half-century has been dominated by the rise of media to a commanding position in the social life of most people and nations, to the point where it is banal to regard this as the “information age.” The once-dazzling ascension of television in the 1950s and ’60s now looks like the horse-and-buggy era when one assesses the Internet, smartphones, and the digital revolution. For social theorists of all stripes communication has moved to center stage. And for those on the left, addressing the role of communication in achieving social change and then maintaining popular rule in the face of reactionary backlash is now a primary concern.… political economists of communication, including one of us, identified themselves as in the tradition of radical political economy, but with a sophisticated appreciation of media that had escaped.… [the stellar critique of journalism produced… by Edward S. Herman and Noam Chomsky]. Paul Baran and Paul Sweezy were occasionally held up by political economists of communication as representing the sort of traditional Marxists who underappreciated the importance of media, communication, and culture.… We were never especially impressed by this criticism. To us, <em>Monopoly Capital</em>, and the broader political economy of Baran and Sweezy, far from ignoring communication, provided key elements for a serious study of the subject. [<strong>Note</strong>: this article was released in three parts: <a href="https://monthlyreview.org/2013/07/01/the-cultural-apparatus-of-monopoly-capital">Part 1</a> | <a href="https://monthlyreview.org/2013/07/01/the-cultural-apparatus-of-monopoly-capital#part2">Part 2</a> | <a href="https://monthlyreview.org/2013/07/01/the-cultural-apparatus-of-monopoly-capital#part3">Part 3</a>] | <a class="more-link" href="https://monthlyreview.org/2013/07/01/the-cultural-apparatus-of-monopoly-capital/" title="The Cultural Apparatus of Monopoly Capital">more…</a></p> </article> <div class="fix"></div> <div class="sectionwrap"> <span class="section"> <a href="https://monthlyreview.org/section/review-of-the-month/" rel="tag">Review of the Month</a> </span> </div> <article class="post-8958 post type-post status-publish format-standard hentry category-1507 category-volume-64-issue-06-november section-review-of-the-month subject-media subject-political-economy subject-stagnation subject_geography-media subject_geography-political-economy subject_geography-stagnation"> <header> <h2 class="title post-title"><a href="https://monthlyreview.org/2012/11/01/this-isnt-what-democracy-looks-like/">This Isn’t What Democracy Looks Like</a></h2> </header> <div class="byline"> <div class="mr-byline"><em>by</em> <span class="coauthors"><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">(Nov 01, 2012)</abbr></span> <div class="byline-tags"> <span class="subject"> <span class="before">Topics: </span> <a href="https://monthlyreview.org/subjects/media/" rel="tag">Media</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/stagnation/" rel="tag">Stagnation</a> </span> </div> </div> <p>On the brink of the 2012 presidential election, and without considering that electoral contest itself, it is useful to comment on the state of U.S. democracy. The most striking lesson from contemporary U.S. election campaigns is how vast and growing the distance is between the rhetoric and pronouncements of the politicians and pundits and the actual deepening, immense, and largely ignored problems that afflict the people of the United States.… Mainstream politics seem increasingly irrelevant to the real problems the nation faces…. The degeneration of U.S. politics is a long-term process.… capitalism and democracy have always had a difficult relationship. The former generates severe inequality and the latter is predicated upon political equality.… Capitalist democracy therefore becomes more democratic to the extent that it is less capitalist (dominated by wealth) and to the extent to which popular forces—those without substantial property—are able to organize successfully to win great victories…. In the past four decades such organized popular forces in the United States—never especially strong compared to most other capitalist democracies—have been decimated, with disastrous consequences. The United States has long been considered a “weak democracy”; by the second decade of the new century that is truly an exaggeration. Today, the United States is better understood as what John Nichols and I term a “Dollarocracy”—the rule of money rather than the rule of the people—a specifically U.S. form of plutocracy. | <a class="more-link" href="https://monthlyreview.org/2012/11/01/this-isnt-what-democracy-looks-like/" title="This Isn’t What Democracy Looks Like">more…</a></p> </article> <div class="fix"></div> <div class="sectionwrap"> <span class="section"> <a href="https://monthlyreview.org/section/review-of-the-month/" rel="tag">Review of the Month</a> </span> </div> <article class="post-8299 post type-post status-publish format-standard hentry category-1507 category-volume-64-issue-01-may section-review-of-the-month subject-economic-crisis subject-economic-theory subject-political-economy subject_geography-economic-crisis subject_geography-economic-theory subject_geography-political-economy"> <header> <h2 class="title post-title"><a href="https://monthlyreview.org/2012/05/01/the-endless-crisis/">The Endless Crisis</a></h2> </header> <div class="byline"> <div class="mr-byline"><em>by</em> <span class="coauthors"><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, 2012)</abbr></span> <div class="byline-tags"> <span class="subject"> <span class="before">Topics: </span> <a href="https://monthlyreview.org/subjects/economic-crisis/" rel="tag">Economic Crisis</a> <i class="fas fa-ellipsis-v" style="font-size: 50%"></i> <a href="https://monthlyreview.org/subjects/economic-theory/" rel="tag">Economic Theory</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> </span> </div> </div> <p>The Great Financial Crisis and the Great Recession began in the United States in 2007 and quickly spread across the globe, marking what appears to be a turning point in world history. Although this was followed within two years by a recovery phase, the world economy five years after the onset of the crisis is still in the doldrums…. The one bright spot in the world economy, from a growth standpoint, has been the seemingly unstoppable expansion of a handful of emerging economies, particularly China. Yet, the continuing stability of China is now also in question. Hence, the general consensus among informed economic observers is that the world capitalist economy is facing the threat of long-run economic stagnation (complicated by the prospect of further financial deleveraging)…. It is this issue of the stagnation of the capitalist economy, even more than that of financial crisis or recession that has now emerged as the big question worldwide. | <a class="more-link" href="https://monthlyreview.org/2012/05/01/the-endless-crisis/" title="The Endless Crisis">more…</a></p> </article> <div class="fix"></div> <div class="sectionwrap"> <span class="section"> <a href="https://monthlyreview.org/section/review-of-the-month/" rel="tag">Review of the Month</a> </span> </div> <article class="post-8059 post type-post status-publish format-standard hentry category-1507 category-volume-63-issue-11-april section-review-of-the-month subject-media subject-political-economy subject_geography-media subject_geography-political-economy"> <header> <h2 class="title post-title"><a href="https://monthlyreview.org/2012/04/01/the-bull-market/">The Bull Market</a></h2> <h3 class="subtitle entry-title">Political Advertising</h3> </header> <div class="byline"> <div class="mr-byline"><em>by</em> <span class="coauthors"><a href="https://monthlyreview.org/author/robertwmcchesney/" title="Posts by Robert W. McChesney" class="author url fn" rel="author">Robert W. McChesney</a> and <a href="https://monthlyreview.org/author/johnnichols/" title="Posts by John Nichols" class="author url fn" rel="author">John Nichols</a></span></div> <span class="pubdate"><abbr class="published">(Apr 01, 2012)</abbr></span> <div class="byline-tags"> <span class="subject"> <span class="before">Topics: </span> <a href="https://monthlyreview.org/subjects/media/" rel="tag">Media</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> </span> </div> </div> <p>The United States is in the midst of its quadrennial presidential election, a process that now extends so long as to be all but permanent. The campaign is also drenched in more money given by a small handful of billionaires than has been the case in the past. Since the 1970s the amount spent on political campaigns has increased dramatically in almost every election cycle. It has led to the formation of what we term the “money-and-media election complex,” which has a revenue base in the many billions of campaign dollars donated annually, and has effectively become the foundation of electoral politics in the United States. Moreover, the rate of increase in campaign spending from 2008 to 2010, and especially from 2008 to 2012, is now at an all-time high. | <a class="more-link" href="https://monthlyreview.org/2012/04/01/the-bull-market/" title="The Bull Market">more…</a></p> </article> <div class="fix"></div> <div class="sectionwrap"> <span class="section"> <a href="https://monthlyreview.org/section/review-of-the-month/" rel="tag">Review of the Month</a> </span> </div> <article class="post-7829 post type-post status-publish format-standard hentry category-1507 category-volume-63-issue-09-february section-review-of-the-month geography-asia subject-economic-theory subject-political-economy subject-stagnation subject_geography-asia subject_geography-economic-theory subject_geography-political-economy subject_geography-stagnation"> <header> <h2 class="title post-title"><a href="https://monthlyreview.org/2012/02/01/the-global-stagnation-and-china/">The Global Stagnation and China</a></h2> </header> <div class="byline"> <div class="mr-byline"><em>by</em> <span class="coauthors"><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">(Feb 01, 2012)</abbr></span> <div class="byline-tags"> <span class="subject"> <span class="before">Topics: </span> <a href="https://monthlyreview.org/subjects/economic-theory/" rel="tag">Economic Theory</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/stagnation/" rel="tag">Stagnation</a> </span> <span class="geography"> <span class="before">Places: </span> <a href="https://monthlyreview.org/geography/asia/" rel="tag">Asia</a> </span> </div> </div> <p>Five years after the Great Financial Crisis of 2007–09 began there is still no sign of a full recovery of the world economy. Consequently, concern has increasingly shifted from financial crisis and recession to slow growth or stagnation, causing some to dub the current era the Great Stagnation. Stagnation and financial crisis are now seen as feeding into one another.… To be sure, a few emerging economies have seemingly bucked the general trend, continuing to grow rapidly—most notably China, now the world’s second largest economy after the United States. Yet, as [IMF Managing Director Christine] Lagarde warned her Chinese listeners, “Asia is not immune” to the general economic slowdown, “emerging Asia is also vulnerable to developments in the financial sector.” So sharp were the IMF’s warnings, dovetailing with widespread fears of a sharp Chinese economic slowdown, that Lagarde in late November was forced to reassure world business, declaring that stagnation was probably not imminent in China (the Bloomberg.com headline ran: “IMF Sees Chinese Economy Avoiding Stagnation.”) | <a class="more-link" href="https://monthlyreview.org/2012/02/01/the-global-stagnation-and-china/" title="The Global Stagnation and China">more…</a></p> </article> <div class="fix"></div> <article class="post-7862 post type-post status-publish format-standard hentry category-1507 category-volume-63-issue-09-february subject-movements subject-political-economy subject_geography-movements subject_geography-political-economy"> <header> <h2 class="title post-title"><a href="https://monthlyreview.org/2012/02/01/the-wisconsin-uprising/">The Wisconsin Uprising</a></h2> </header> <div class="byline"> <div class="mr-byline"><em>by</em> <span class="coauthors"><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">(Feb 01, 2012)</abbr></span> <div class="byline-tags"> <span class="subject"> <span class="before">Topics: </span> <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> </span> </div> </div> <p>The essays in <em><a href="https://monthlyreview.org/press/books/pb2808/" title="The Wisconsin Uprising" target="_blank">Wisconsin Uprising</a></em> are outstanding. The accounts of the events in Madison in the winter and early spring of 2011 are the best I have seen in writing, with context, detail, and analysis I have seen nowhere else. Better yet, the connections of the Wisconsin revolt to the existential questions facing the labor movement are handled with a clarity, intelligence, perspective, and urgency that is exactly appropriate to the task. This book is a fundamental historical document in its own right and will stand the test of time. The authors include some of the most accomplished writers on the left, as well as a number of emerging young writers. | <a class="more-link" href="https://monthlyreview.org/2012/02/01/the-wisconsin-uprising/" title="The Wisconsin Uprising">more…</a></p> </article> <div class="pagination woo-pagination"><span aria-current="page" class="page-numbers current">1</span> <a class="page-numbers" href="https://monthlyreview.org/author/robertwmcchesney/page/2/">2</a> <span class="page-numbers dots">…</span> <a class="page-numbers" href="https://monthlyreview.org/author/robertwmcchesney/page/4/">4</a> <a class="next page-numbers" href="https://monthlyreview.org/author/robertwmcchesney/page/2/">Next →</a></div> </section> <aside id="sidebar"> <div id="gform_widget-3" class="widget gform_widget"><h3>MR Email List!</h3><link rel='stylesheet' id='gforms_reset_css-css' href='https://p4r4f7y4.delivery.rocketcdn.me/wp-content/plugins/gravityforms/legacy/css/formreset.min.css?ver=2.9.0' type='text/css' media='all' /> <link rel='stylesheet' id='gforms_formsmain_css-css' href='https://p4r4f7y4.delivery.rocketcdn.me/wp-content/plugins/gravityforms/legacy/css/formsmain.min.css?ver=2.9.0' type='text/css' media='all' /> <link rel='stylesheet' id='gforms_ready_class_css-css' href='https://p4r4f7y4.delivery.rocketcdn.me/wp-content/plugins/gravityforms/legacy/css/readyclass.min.css?ver=2.9.0' type='text/css' media='all' /> <link rel='stylesheet' id='gforms_browsers_css-css' href='https://p4r4f7y4.delivery.rocketcdn.me/wp-content/plugins/gravityforms/legacy/css/browsers.min.css?ver=2.9.0' type='text/css' media='all' /> <script type="text/javascript" src="https://p4r4f7y4.delivery.rocketcdn.me/wp-includes/js/dist/dom-ready.min.js?ver=f77871ff7694fffea381" id="wp-dom-ready-js" data-rocket-defer defer></script> <script type="text/javascript" src="https://p4r4f7y4.delivery.rocketcdn.me/wp-includes/js/dist/hooks.min.js?ver=4d63a3d491d11ffd8ac6" id="wp-hooks-js"></script> <script type="text/javascript" src="https://p4r4f7y4.delivery.rocketcdn.me/wp-includes/js/dist/i18n.min.js?ver=5e580eb46a90c2b997e6" id="wp-i18n-js"></script> <script type="text/javascript" id="wp-i18n-js-after"> /* <![CDATA[ */ wp.i18n.setLocaleData( { 'text direction\u0004ltr': [ 'ltr' ] } ); /* ]]> */ </script> <script type="text/javascript" src="https://p4r4f7y4.delivery.rocketcdn.me/wp-includes/js/dist/a11y.min.js?ver=3156534cc54473497e14" id="wp-a11y-js" data-rocket-defer defer></script> <script type="text/javascript" defer='defer' src="https://p4r4f7y4.delivery.rocketcdn.me/wp-content/plugins/gravityforms/js/jquery.json.min.js?ver=2.9.0" id="gform_json-js"></script> <script type="text/javascript" id="gform_gravityforms-js-extra"> /* <![CDATA[ */ var gform_i18n = {"datepicker":{"days":{"monday":"Mo","tuesday":"Tu","wednesday":"We","thursday":"Th","friday":"Fr","saturday":"Sa","sunday":"Su"},"months":{"january":"January","february":"February","march":"March","april":"April","may":"May","june":"June","july":"July","august":"August","september":"September","october":"October","november":"November","december":"December"},"firstDay":1,"iconText":"Select date"}}; var gf_legacy_multi = []; var gform_gravityforms = {"strings":{"invalid_file_extension":"This type of file is not allowed. 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