In this review of ‘Marxist Economic Theory’ by Ernest Mandel, Dunayevskaya criticizes Mandel’s denuding economic categories of their specifically capitalistic nature, and his distortion of Marx’s theory of crises.

In this review of ‘Marxist Economic Theory’ by Ernest Mandel, Dunayevskaya criticizes Mandel’s denuding economic categories of their specifically capitalistic nature, and his distortion of Marx’s theory of crises.
A second wave of COVID-19 is devastating India. Each day over 300,000 new cases are reported, and over 3,000 people die. In the midst of this, the farmers’ protests continue as thousands remain camped outside Delhi. The Modi government has accused the camps of being “super-spreader” events, while farmers say the government is using the pandemic to demobilize its opponents.
Capitalism is exacerbating the havoc being wreaked by COVID-19 in Latin America. In the projected largest recession in its history, 12 million more people will lose their jobs, leaving 29 million more in poverty.
The coronavirus crisis has compelled the Indian state to haphazardly effectuate a lockdown in order to properly practice social distancing. But it has unaccountably forgotten that social distancing is a privilege of the elite class if well-thought-out arrangements are not made.
Bruno Latour’s new book “Down to Earth: Politics in the New Climatic Regime” wants to comprehend the era of global warming but takes a very wrong turn, substituting “Earth” for human subjects of revolution.
Official Call for national gathering of News and Letters Committees to work out Marxist-Humanist perspectives for 2019-2020
Editorial on the situation in Venezuela including the deterioration of living conditions; the repression practiced by the United Socialist Party of Venezuela and their attempt to gut Venezuela’s Bolivarian Constitution; and the personality cult built around Hugo Chávez, revealing contradictions in the movements for freedom. .
The capital relation is spelled out as alienated labor, automation, destruction of jobs, unraveling of the social fabric–fertile ground for reactionary ideology, scapegoating, and fascism. Yet the human Subject’s quest for freedom continues.
Trumpism’s self-perpetuating disorder is based on negation of social movements, trying to stifle the positive in their negation of this exploitative society. His deceit and power grabs express capitalism’s disintegration, exuding racism, sexism, and fascism.
Trump’s electoral victory by appealing to racism and sexism menaces all freedom movements. It is the index of this system’s crisis and bankruptcy of thought, which needs to be met with a truly revolutionary vision.
Trump’s electoral victory by appealing to racism and sexism menaces all freedom movements. It is the index of this system’s crisis and bankruptcy of thought, which needs to be met with a truly revolutionary vision.
With Britain’s vote to leave the European Union, the Far Right has been emboldened worldwide. As the economic and social crisis deepens, so does the brutality, while the Right seeks scapegoats for the results of capitalism’s objective laws, which only have force as long as humanity’s struggle to be free is not yet complete. The only solid ground for opposing this latest stage of reactionary retrogression is that of revolution in permanence.
One year after the murder of Michael Brown by Ferguson, Mo., police officer Darren Wilson, the Black Lives Matter movement continues to challenge racist U.S. society. In doing so, it deepens itself in both content and thought.
The two opponents facing off in Greece for five years have been the Greek masses vs. the European rulers and their institutions. The No vote manifested the revolt against austerity. We explore the meaning of these events.
Spelling out the philosophical breakthrough on Hegel’s Absolutes as the total uprooting of the old and the creation of new human relations, in concrete relationship to struggles for freedom in practice and in theory, is at the heart of projecting Marxist-Humanism, and therefore of its organizational life.
The rulers’ economic squeeze on Greece is intended to be an ideological prison for the working masses of Europe. Left tendencies aim to use the state to save capitalism or move toward socialism—rather than releasing self-activity of masses in motion as the prime mover of social transformation.
In the absence of successful social revolution, today’s total crisis is shown in a world capitalist order that is falling apart economically, politically, environmentally, and in thought. That does not mean that we can wait for capitalism to collapse and step aside for a new society. On the contrary. Its desperation makes it that much more vicious, and it threatens to doom all of humanity with it.
Introduction; I. Black Lives Matter; II. Things fall apart (A. Arab Spring: Revolution and war; B. Economic weakness and shifts in global politics; C. Whiff of fascism); III. Greek masses in peril; IV. Marxist-Humanist organization and philosophy.
The fact that the old, crumbling order will not go away quietly explains why we mark the 60 years of activity of the Marxist-Humanist organization News and Letters Committees—not as an anniversary but as an open window onto the needed philosophy of revolution, without which all revolutions and freedom movements remain incomplete.
The long-simmering outrage of Black masses has broken out into a movement against this racist society, particularly its pattern of racist killings by the police. It has not only reverberated internationally, but also made itself felt in the battle of ideas and the sphere of theory.
The electoral victory of Greece’s Syriza party was an important first step in resisting austerity imposed on the Greek and European working classes as capitalism’s response to its own intractable crisis. Nothing could be in greater contradiction to the movement that lifted Syriza to prominence than the parliamentary alliance with the racist, theocratic Independent Greeks party.
The electoral victory of Greece’s Syriza represents resistance to brutal austerity. Alarms are raised by Syriza’s alliance with the racist, theocratic Independent Greeks party.
From the July-August 2014 issue of News & Letters
RESPONSES TO MARXIST-HUMANIST PERSPECTIVES
The Marxist-Humanist Perspectives (N&L, May-June 2014) give a critical assessment of the polarization between the oppressive forces of capital’s social relations and humanity’s efforts to realize human dignity. It shows humans are not just passive victims of capital. First [=>]
The recent wave of strikes at Walmart and fast food restaurants signals the discontent brewing among the growing number of low-wage U.S. workers. They give notice that the far-reaching restructuring of jobs that was accelerated by the Great Recession also has a subjective side of revolt.
A week of strikes and demonstrations at Walmarts across the country peaked with events in 20 cities on June 4 alone. Chants of “Respect! Now!” joined the official demands of “$25,000 per year and enough hours to support our families” and an end to retaliation against workers who strike or speak up.
Draft for Marxist-Humanist Perspectives, 2014-2015. III. Capitalism’s political and economic degeneracy. A. Karl Marx haunts capitalism’s stagnation. B. The race toward climate chaos.
Readers’ Views from the March-April 2014 issue of News & Letters, part 1.
That there are two Americas when it comes to the economy and the wealth of our nation is no mystery to anyone. Everyone now knows the top 1% have essentially been the only beneficiaries of the latest “boom.” Journalists and economists take pains to point out how this jobless expansion has allowed the investors to recover from their losses of the 2008 financial collapse. Workers, though, are still left holding the bag.
Ongoing national strikes and demonstrations by fast food workers demanding a $15 an hour living wage show that workers’ reality is not the media-touted economic “recovery” enjoyed by the super-wealthy finance capitalists. In real life the 2008 depression drags on. In a punitive move, Congressional Republicans wouldn’t even allow a vote for long-term unemployment benefits to continue, in spite of the record 1.7 million, or 37% of the officially unemployed, who have been out of work for six months or longer. Previously, a rate anywhere near this was called an emergency, compelling an automatic extension of benefits.
March-April 2014 News & Letters: Women fight for freedom against growing retrogression; On THE Philosophic Point and Dialectics of Organization and Philosophy; Capitalist economy is failing; Ukraine and Bosnia: historic uprisings; more…
News and Letters Committees has posted its
OFFICIAL CALL FOR CONVENTION
to Work Out Marxist-Humanist Perspectives for 2014-2015
February 23, 2014
To All Members of News and Letters Committees
Dear Friends:
The sharpness of revolution and counter-revolution contending now, while the prolonged global capitalist economic crisis refuses to end, cries out for a philosophical [=>]
Readers’ Views from Nov.-Dec. 2013 N&L: U.S. RACISM AND BLACK AND LATINO STRUGGLES; LABOR UNDER ATTACK; CTA vs. THE HOMELESS; DISABILITY AND HUMANITY; ABORTION IS A HUMAN NEED; EGYPT’S CONTRADICTIONS; DETROIT CRISIS; NUCLEAR PERIL; WHY A NEWSPAPER LIKE N&L?
That a minority faction of one party in one chamber of one branch of the U.S. government could pose a grave threat to the world economy reflects the depth of the capitalist crisis. The sheer nihilism of that Tea Party faction reflects the depravity of American racism, which, as Patrick Buchanan threatened, would not hesitate to “bring down like Samson” the world around it.
The entire state of Michigan voted against the harsh emergency manager law, Public Act 436, last November only to have the lame-duck state legislature vote it right back in before year’s end. On the day, March 28, that Act 436 took effect, Detroit Public Schools Emergency Manager fired the interim superintendent of schools. … Meanwhile, neighborhoods languish under mounting piles of trash, abandoned houses, stores, factories and vehicles. City services are reduced by mandatory budget cut “furloughs.” The challenge for Detroit residents is: can we stand up and organize ourselves for quality living and working conditions, some of which includes wresting support and services from our unelected new leaders? Can we articulate and realize a future Detroit developed for human needs?
The world today is riven between the creativity of masses in revolt and the violent degeneracy of counter-revolution, whose destructiveness even extends to the revived specter of nuclear war two decades after the collapse of the USSR. Such is the degeneracy of the globalized capitalist system, laden with destructive forces and sunk into structural crisis. The deep crisis is seen in the U.S. and abroad, economically, in unemployment and poverty, homelessness and hunger. It is seen politically, in new laws attacking workers and women, and new outbursts of racism. It is seen environmentally, with the advance of climate disruption and fake capitalistic solutions. It is seen in thought, as the lack of philosophy, of a total view, hampers the development of struggles from the U.S. to the revolutions of the Arab Spring facing counter-revolutions.
The “bedroom tax” will force those living in a property with a spare bedroom to take a cut in their housing benefit. Those in under-occupied properties can face a reduction of up to 14% in housing benefit for single rooms and 25% for two unoccupied rooms.
Editorial
The opening of Barack Obama’s second term made it clear that, despite all talk of ending the wars in Iraq and Afghanistan, there is to be no end to the state of permanent war either abroad or at home.
President Obama promises to end the war in Afghanistan after 13 years. But the Afghan people have [=>]
OFFICIAL CALL FOR PLENUM
to Work Out Marxist-Humanist Perspectives for 2013-2014
February 24, 2013
To All Members of News and Letters Committees
Dear Friends:
The world today is riven between the creativity of masses in revolt and the violent degeneracy of counter-revolution, whose destructiveness even extends to the revived specter of nuclear war two decades after the collapse of [=>]
Editor’s note: Below we print excerpts from the News and Letters Committees panel discussion of teachers and education activists on the September strike by members of the Chicago Teachers Union. Daily mass demonstrations and solidarity from teachers and city residents extracted some concessions from the previously intransigent Chicago Public Schools and Chicago Mayor Rahm Emanuel.
Chicago–While [=>]
London, England—The leader of the opposition, Ed Miliband, was heckled on Oct. 20 at a mass demonstration here against austerity cuts.
The Labour Party leader had addressed the crowd to garner support for his stand against the ruling coalition of the Liberal Democratic and Conservative parties. Mr. Miliband claimed the government’s cutbacks were “too far and [=>]
World in View
by Gerry Emmett
Demands for freedom and dignity drove the Arab Spring. In Tunisia, in Tahrir Square in Egypt, in Daraa, Syria, and elsewhere these weren’t abstract, but concrete efforts to create new human relations under conditions of dictatorship, capitalist crisis, endemic corruption, spiraling food prices and environmental degradation. While bourgeois commentators have rushed [=>]
by Franklin Dmitryev
The two worlds of the rulers and the ruled shone through the suffocating blanket of propaganda surrounding the election in which Barack Obama won a second term. A pronounced gender gap and long lines at the polls in African-American and Latino areas reflected the determination to defeat the reactionary Republicans and retain the [=>]
Lead
Obama’s re-election doesn’t end clash of two worlds
The two worlds of the rulers and the ruled shone through the suffocating blanket of propaganda surrounding the election in which Barack Obama won a second term. A pronounced gender gap and long lines at the polls in African-American and Latino areas reflected the determination to defeat the [=>]
CAPITALIST CRISIS AND REVOLT
I appreciated Franklin Dmitryev’s Lead article in the July-August N&L, on “Spain, Greece, Europe: Capitalist crisis and revolt,” for showing how the so-called “radical Left” is not really so radical. They think they can solve things through managing the economy and redistributing wealth, and channel energy into politics.
The boldfaced paragraph in the [=>]
You’re invited to a nationwide series of five Marxist-Humanist discussions on:
Global Crises, Global Rebellion, and the Needed Philosophy of Revolution
Central to today’s reality is the worldwide capitalist economic crisis, the deepest since the Great Depression of the 1930s, and the context for occupations and revolutions across the globe. We will explore the meaning of this [=>]
by Ron Kelch
“We built it!” roared the delegates at the Republican Party convention in Tampa. It was the perfect expression of the presidential campaign and of capitalist thinking in general. The truth is that workers built the social wealth. Capitalists take it from the workers, and the government gets a portion.
Mitt Romney and Paul Ryan [=>]
REVOLUTION, COUNTER-REVOLUTION AND NEED FOR PHILOSOPHY
In the Draft of Marxist-Humanist Perspectives for 2012-2013, published in the last issue, while the global analysis is good, it is partial and emphasizes mass uprisings that may be a part of history tomorrow, i.e., Syria, while ignoring the long-term struggles that have a potential for raising a clear [=>]
Business as Usual: The Economic Crisis and the Failure of Capitalism by Paul Mattick, Reaktion Books (London), 2011.
Paul Mattick’s Business as Usual is an attempt to come to grips in Marxist terms with the global economic crisis that began in 2007. It is an entry into a growing category of books which includes David Harvey’s [=>]
by Franklin Dmitryev
When the bailout of banks in Spain, the Eurozone’s fourth largest economy, was announced on June 9, the immediate reactions revealed the two worlds that exist in every country. The Spanish masses intensified their protests, marching directly on both banks and government, while Greek and Spanish workers exchanged messages of solidarity against the [=>]
News & Letters, Vol. 57, No. 4
July-August 2012
Lead: Spain, Greece, Europe: capitalist crisis and revolt
When the bailout of banks in Spain was announced on June 9, the immediate reactions revealed the two worlds that exist in every country. The Spanish masses intensified their protests, marching directly on both banks and government, while Greek and Spanish [=>]
From the May-June 2012 issue of News & Letters:
Draft for Marxist-Humanist Perspectives, 2012-2013
(continued from Part III)
IV. Marx’s Humanism today
“The commodity form of the products of labor became a fetish because of the perverse relationship of subject to object–of living labor to dead capital. Relations between men appear as the relation between things because [=>]
From the May-June 2012 issue of News & Letters:
Draft for Marxist-Humanist Perspectives, 2012-2013
III. Paths of destruction
A. From war to war to war
War is one of the rulers’ most potent counter-revolutionary weapons when faced with economic crises and revolt. With a military stretched thin, one eye on China, and the failures of Iraq and [=>]