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1、rom.qxd12/14/014:01PMPage1REVIEWOFTHEMONTHMonopolyCapitalandtheNewGlobalizationbyJohnBellamyFosterWeliveatatimewhencapitalismhasbecomemoreextreme,andismorethaneverpresentingitselfasaforceofnature,whichdemandssuchextremes.Globalization—thespreadofthese
2、lf-regulatingmarkettoeverynicheandcrannyoftheglobe—isportrayedbyitsmainlyestablishmentproponentsasaprocessthatisunfoldingfromevery-whereatoncewithnocenterandnodiscerniblepowerstructure.AstheNewYorkTimesclaimedinitsJuly7,2001issue,repeatingnowfash-iona
3、blenotions,today’sglobalrealityisoneof“afluid,infinitelyexpandingandhighlyorganizedsystemthatencompassestheworld’sentirepopulation,”butwhichlacksanyprivilegedpositionsor“placeofpower.”*EventherevolutionaryfigureofKarlMarxhasbeenenlistedinsup-portofthi
4、sviewofinexorableglobaldestiny,whichseeminglydeter-mineseverything,butwhichhasnomanifestagentofchange.ThustheWorldBankquotedfromTheCommunistManifestobyMarxandEngelsontheopeningpageofits1996WorldDevelopmentReport,arguingthatthetransitionfromplannedtoma
5、rketeconomiesandtheentirethrustofneoliberalglobalizationwasaninescapable,elementalprocess,lack-inganyvisiblehandbehindit:Constantrevolutionizingofproduction,uninterrupteddis-turbanceofsocialconditions,everlastinguncertaintyandagitation…Allfixed,fastfr
6、ozenrelations,withtheirtrainofancientandvenerableprejudices,andopinions,aresweptaway,allnew-formedonesbecomeantiquatedbeforetheycanossify.Allthatissolidmeltsintoair…*TheNewYorkTimeswasencapsulatingtheviewsofMichaelHardtandAntonioNegriintheirfashionabl
7、e,postmodernistwork,Empire(Cambridge,Mass.:HarvardUniversityPress,2000).ThisReviewoftheMonthwasoriginallywrittenasachapter(“PaulSweezyandMonopolyCapital”)forDouglasDowd,ed.,UnderstandingCapitalism:CriticalAnalysisfromKarlMarxtoAmartyaSen,tobepublished
8、byPlutoPressinJuly2002.Itisprintedherebypermission.FormoreinformationonPlutoPresssee.1rom.qxd12/14/014:01PMPage22MONTHLYREVIEW/JANUARY2002Gone—spiritedawaybyellipsesintheWorldBankquotationfromtheManifesto—wereMarxand
