Michaela Lebowitz News Today

Buy this issue In this month’s “Notes from the Editors,” the editors confront the myth of Marx’s purported early Prometheanism and later rejection of the growth…

A front-row seat to Venezuela’s most innovative socialist project, with important lessons for movements worldwide Commune or Nothing! Venezuela'

Michael A. Lebowitz — The law of value works in mysterious ways. For some Marxists, it underlies everything we need to know about capitalism. But, just as Marx claimed he was not a Marxist, so too might he have said, “that’s not my law of value.”

Michael Lebowitz expounds on the simple truths found in Marx's theory of value—truths that, nonetheless, have been obscured by decades of incomplete theorizing…

John Bellamy Foster — The word degrowth stands for a family of political-economic approaches that, in the face of today’s accelerating planetary ecological crisis, reject unlimited, exponential economic growth as the definition of human progress.

We now have the first post-neoliberal administration in power in Washington. The Biden administration has explicitly disavowed all aspects of neoliberalism, including the assumptions about free trade and the alleged efficiency of outsourcing, the lack of support for trade unions, and the bipartisan contempt for industrial policy … Biden managed to get through Congress the most expansive technology and industrial policies since World War II.2

In the introduction to this summer's special issue on "Planned Degrowth," John Bellamy Foster outlines the major themes of degrowth thought, including…

Buy this issue Writing at the end of the nineteenth century, Frederick Engels foresaw that without disarmament, Europe would soon be plunged into war.

As the Pentagon gains approval for yet another record-breaking budget, the editors examine a perennial question: Why does the United States oligarchy need such…

Marxist economist Michael A Lebowitz passed away at home on April 19. With his death, the international left has lost one of its most insightful and original thinkers, writes Federico Fuentes.