MHI Editorial

4 Years After Crisis Began, New Ideas and New Revolts

Book exposes falling rate of profit while protests threaten economic-political system

December 29, 2011

This month marks the fourth anniversary of the start of an economic crisis that almost brought down the world financial system, and with that, the whole capitalist system. People in the U.S. and most other countries are still suffering in the aftermath. In spite of, or because of, this hardship, new challenges to capitalism have broken out around the world in the form of mass protests and revolts.

What can we understand about the current state of the economy? Can that knowledge help those who are challenging the system?

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Russian Social Movement “Alternatives”: Awakened Sense of Dignity

December 19, 2011

By Andrey Kolganov and Aleksandr Buzgalin, reporting from Bolotnaya Square Why, after many years when street politics in Russia were deep-frozen, have citizens again acquired a taste for street actions? After a public rally near Chistie Prudy metro station in inner Moscow drew six or seven...

New Book: The Failure of Capitalist Production

November 9, 2011

The Failure of Capitalist Production: Underlying Causes of the Great Recession by Andrew Kliman Published by Pluto Press, November 2011 Paperback / 256pp. / ISBN-13: 978-0745332390 Read More

Wolff on Wall Street

November 4, 2011

by Seth Weiss Richard Wolff, an economics professor who taught for many years at the University of Massachusetts Amherst and is now at The New School, spoke recently at the Occupy Wall Street encampment in Zuccotti Park, just a few blocks from the site of the World Trade Center in lower...

Verizon Strikers Battle Phone Company and Union

August 27, 2011

New York City – After two weeks on the picket lines, the Communication Workers of America (CWA) ordered their striking members back to work at Verizon on Aug. 20—without a contract. Three members of CWA Local 1101, which covers Manhattan and the Bronx, talked about the strike at a...