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In the fall of 2008, the United States was plunged into a financial crisis more severe than any since the Great Depression. As banks collapsed and the state scrambled to organize one of the largest transfers of wealth in history, many including economists and financial experts were shocked by the speed at which events unfolded.

In this new book, John Bellamy Foster and Fred Magdoff offer a bold analysis of the financial meltdown, how it developed, and the implications for the future. They examine the specifics of the housing bubble and the credit crunch as well as situate current...

An extraordinary new work by the leading Marxian philosopher of the late twentieth and early twenty-first century, The Challenge and Burden of Historical Time represents a breakthrough in the development of socialist thought. It can be seen both as a companion volume to his earlier pathbreaking Beyond Capital and a major theoretical contribution in its own right. Its focus is on the "decapitation of historical time" in today's capitalism and the necessity of a new "socialist time accountancy" as a revolutionary response to the debilitating present.

Extending Meszaros's...

Praise for Foster and Magdoff s The Great Financial Crisis In this timely and thorough analysis of the current financial crisis, Foster and Magdoff explore its roots and the radical changes that might be undertaken in response. . . . This book makes a valuable contribution to the ongoing examination of our current debt crisis, one that deserves our full attention. Publishers Weekly

There is a growing consensus that the planet is heading toward environmental catastrophe: climate change, ocean acidification, ozone depletion, global freshwater use, loss of biodiversity, and chemical...

This volume gathers the work of leading left-wing analysts of imperialism to examine the burning question of our timethe nature and prospects of the U.S. imperial project currently being given shape by war and occupation in the Middle East.

Noam Chomsky, Immanuel Wallerstein, Peter Gowan, and others discuss the dynamics at work behind the "War on Terrorism." Their analyses locate recent developments within a longer historical arc, and set out the central questions for research and debate: Is U.S. unilateralism and militarism a sign of the increasing strength of the world's only...

This volume gathers the work of leading left-wing analysts of imperialism to examine the burning question of our timethe nature and prospects of the U.S. imperial project currently being given shape by war and occupation in the Middle East.

Noam Chomsky, Immanuel Wallerstein, Peter Gowan, and others discuss the dynamics at work behind the "War on Terrorism." Their analyses locate recent developments within a longer historical arc, and set out the central questions for research and debate: Is U.S. unilateralism and militarism a sign of the increasing strength of the world's only...

What is postmodernism? What are the reasons for its attractiveness? In Defense of History is a compelling challenge to postmodern fashion, written by new intellectuals on the left who are reviving historical materialism as an alternative.