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PAID RIPON, WI NON-PROFIT U.S. POSTAGE ORGANIZATION PERMIT NO. 100 Che Guevara his revolutionary legacy olivier besancenot and michael löwy MONTHLY REVIEW PRESS john bellamy foster VIOLENCE TODAY the ECOLOGICAL Actually existing barbarism REVOLUTION Edited by Leo Panitch and Colin Leys Making Peace with the Planet SOCIALIST REGISTER EMBEDDED WITH ORGANIZED LABOR ?DJGC6A>HI>8G:;A:8I>DCHDCI=:8A6HHL6G6I=DB: STEVE EARLY monthly review #6W 29th Street, 146 West press NY 10001 New York, www.monthlyreview.org 2009 v14-MRcatalog 09:Layout 1 1/13/2009 3:01 PM Page 2 Monthly Review Press Tel: 800-670-9499 or [email protected] 146 West 29th St., Suite 6W 212- 691-2555 www.monthlyreview.org New York, NY 10001 Fax: 212-727-3676 TRADE SALES INFORMATION U.S. SALES REPRESENTATIVES West Coast New York University Press United States AZ, CA, CO, HI, ID, MT, NM, 838 Broadway, 3rd floor Columbia University Press Sales NV, UT, WA, WY New York, NY 10003 Brad Hebel Hill/Martin Associates Tel: 800-996-6987 Sales Manager Duke Hill 212-998-2546 61 West 62nd Street 756 Collier Drive Fax: 212-995-3833 or New York, NY 10023 San Leandro, CA 94577 212-995-4798 Tel: 212-459-0600 ext. 7130 Tel: 510-483-2939 [email protected] Fax: 212-459-3678 Fax: 510-315-3243 [email protected] [email protected] INTERNATIONAL SALES East Coast Northern CA, OR Canada Columbia University Press Sales Hill Martin Associates Fernwood Books LTD. 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Milwaukee Ave., #532 EXAMINATION COPIES Chicago, IL 60647 All paperback editions of books Tel: 773-316-1116 UK Representative published by MR Press are Fax: 773-489-2941 available to educators at $7.50, Global Book Marketing [email protected] payable in advance, to cover 99B Wallis Road, London E9 5LN shipping and handling, regardless Tel: +44 (0)20 8533 5800 of book price. Requests must be [email protected] New York City submitted on college letterhead Dominic Scarpelli with payment information. Please Columbia University Press Sales include course title and projected nd enrollment. We reserve the right 61 W. 62 Street to limit requests to appropriate New York, NY 10023 courses. Please note that shipping Tel: 212-459-0600 x7129 may take up to two weeks for do- Fax: 212-459-3678 mestic orders and eight weeks for [email protected] international orders. v14-MRcatalog 09:Layout 1 1/13/2009 3:01 PM Page 1 The Great Financial Crisis Causes and Consequences by John Bellamy Foster and Fred Magdoff In fall 2008, the United States was plunged into a financial crisis more severe than any since the Great De- pression. As banks collapsed and the state scrambled to organize one of the largest transfers of wealth in his- tory, many, including economists and financial experts, were shocked by the speed at which events unfolded. Foster and Magdoff’s new book boldly analyzes the development and implications of the financial melt- down. They examine the housing “The financial crisis of 2007-08—and with more bubble and credit crunch, and situ- certainly in store for 2009 and beyond—is one of ate current events within a broader, the great calamities of modern neoliberal capital- ism. In a series of highly accessible and cogent ar- long-festering crisis of monopoly-fi- ticles, Foster and Magdoff explain both the build nance capitalism. It is the “real” pro- up to the crisis and its consequences. The Great ductive economy’s tendency toward Financial Crisis brings their ideas together in one stagnation, they argue, that creates a place. It is compelling reading for anyone seeking need for capital to find ways to prof- to both understand and change the world we live in today.” itably invest its surplus. But rather than invest in socially useful projects —ROBERT POLLIN, professor of Economics and co- director, Political Economy Research Institute that would benefit the vast majority, (PERI), University of Massachusetts-Amherst capital has constructed a fatally un- stable financialized “casino” econ- omy that neglects social needs. Written over the two years imme- JOHN BELLAMY FOSTER is editor of Monthly Re- diately preceeding the crisis, this view. He is professor of sociology at the University timely, illuminating book is necessary of Oregon and the author of many books, includ- reading for all who wish to under- ing Critique of Intelligent Design (with Brett Clark and Richard York), Naked Imperialism, Marx’s stand the current situation, how we Ecology, andThe Theory of Monopoly Capitalism. got here, and where we are heading. FRED MAGDOFF taught at the University of Ver- AVAILABLE NOW mont in Burlington, is a director of the Monthly $12.95 / £10.95 / paper / 978-1-58367-184-9 Review Foundation, and has written on political 144 pages / Economics / Current Events economy for many years. NEW BOOKS TO ORDER: 800.670.9499 1 v14-MRcatalog 09:Layout 1 1/13/2009 3:01 PM Page 2 The Rise of China and the Demise of the Capitalist World Economy Minqi Li In recent years, China has become a major actor in the global economy, making a remarkable switch from a planned and egalitarian socialism to a simultaneously wide-open and tightly controlled market economy. Against the establishment wisdom, Minqi Li argues in this provocative and startling book that far from strengthening capitalism, China’s full integration into the world capi- talist system will, in fact and in the not too distant future, bring about its demise. The author tells us that “Minqi Li has accomplished something different historically the spread and growth of and very important. He has placed the ‘rise of capitalist economies has required China’ from the Mao era to today in the context of low wages, taxation, and environ- the history of the entire world-system. He makes mental costs, as well as a hegemonic a persuasive case.” nation to prevent international —IMMANUEL WALLERSTEIN, Yale University competition from eroding these re- quirements. With the decline of the “A thought-provoking account. Minqi Li considers economic power of the United the consequences of the entry of China into the States, its current hegemonic role global capitalist system, in light of the challenges will deteriorate and the unprece- facing human society from economic, political, and environmental constraints. This book makes a major dented growth of China will so erode contribution.” the foundations of capital accumu- lation—by pushing wages and envi- —DAVID M. KOTZ, Professor of Economics, University of Massachusetts, Amherst ronmental costs up, for example— that the entire capitalist system will be shaken to its core. This is essential reading for those who still believe Minqi Li is assistant professor of Economics at the University of Utah. He became an adherent of that there is no alternative. radical economics as a political prisoner in China from 1990-1992 and began an intensive study AVAILABLE NOW. of China’s economy and its role in the world cap- $16.95 / paper / 978-1-58367-182-5 italist system upon his release. 240 pages / China / Politics / Economics 2 MONTHLYREVIEW.ORG NEW BOOKS v14-MRcatalog 09:Layout 1 1/13/2009 3:01 PM Page 3 Critique Of Intelligent Design Materialism versus Creationism from Antiquity to the Present by John Bellamy Foster, Brett Clark, and Richard York A critique of religious dogma histor- ically provides the basis for rational inquiry into the physical and social world. Critique of Intelligent Design is a key to understanding the forces of ir- rationalism challenging the teaching of evolution in U.S. public schools and seeking to undermine the natu- ral and social sciences. It illuminates the 2,500 year evolution of the mate- rialist critique—the explanation of the world in terms of itself— from an- “Finally we have a book on so-called ‘intelligent de- tiquity to the present. This book of- sign’ that gets to the heart of the matter rather than fers empowering tools to understand devoting all its energies to a point by point refuta- tion of that doctrine. The authors of Critique of In- and defend critical and scientific rea- telligent Design never lose sight of the real issue, soning in both the natural and social which is the struggle between materialism and su- sciences and society as a whole. pernaturalism as an explanation for the world of phenomena. Theirs is the model on which all dis- cussions of intelligent design should be based.” —RICHARD LEWONTIN, research professor at the Museum of Comparative Zoology, Harvard University “This excellent book adds to the growing body of critical writing about intelligent design creationism.” —BARBARA FORREST, professor of philosophy, JOHN BELLAMY FOSTER is editor of Monthly Re- Southeastern Louisiana University view, professor of sociology at the University of Oregon and author of Naked Imperialism, Ecology “A brilliant scholarly achievement that no one in- Against Capitalism, Marx’s Ecology, and The Vul- terested in the subject—or in how to analyze this nerable Planet.