MONTHLY REVIEW MAGAZINE: The latest issue feature ‘French Theory in the Intellectual Cold War’….

With the Trump administration’s backing down on its tariffs on China, its military abduction of Venezuelan President Nicolás Maduro, its insistence on seizing Greenland one way or another, its bombings in Nigeria, and its declaration that the official U.S. military budget will be increased by 50 percent in 2027—the last four events occurring in a two-week span in late December and early January—establishment commentators are all over the map.

Could Capitalism Have Thrived Without Colonialism? A Commentary on Vivek Chibber’s Jacobin Radio Interview

by Vijay Prashad

Vijay Prashad critiques the argument that colonialism was, at most, ancillary to the transition between capitalism and feudalism in Western Europe. Instead, Prashad argues, “capitalism as it historically emerged—industrial, global, racialized, and imperial—was inseparable from colonial expropriation.” This reality must fuel a Marxist conception of the global struggle for reparations for those who have been oppressed and exploited at the hands of empires past and present.

Repression in the Classroom

by Paul Buhle

In this dual review, Paul Buhle lends contemporary context to the histories of McCarthyism found in the recently published A Blacklist Education, by Jane S. Smith, and Operation Mind, by Natalie Zemon Davis and Elizabeth Donovan. In these two books, Buhle writes, readers can find parallels with the was that is today being waged against university professors and students for political activities—a stark reminder that political witch-hunts did not end with Joe McCarthy.

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

by Craig Medlen

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.