Notes from the Editors

This year marks the 150th anniversary of the birth of Thorstein Veblen, the greatest critic of U.S. capitalism in the early twentieth century and one of the foremost social theorists of all times. Veblen was the subject of a special issue of Monthly Review fifty years ago last July in celebration of...

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Published inMonthly review (New York. 1949) Vol. 59; no. 7; p. 0_2
Format Magazine Article
LanguageEnglish
Published New York Monthly Review Press 01.12.2007
Subjects
Biology
Capitalism
Conferences
Ecology
Human Genome Project
Political activism
Political economy
Politics
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Summary:This year marks the 150th anniversary of the birth of Thorstein Veblen, the greatest critic of U.S. capitalism in the early twentieth century and one of the foremost social theorists of all times. Veblen was the subject of a special issue of Monthly Review fifty years ago last July in celebration of the centennial of his birth. He remains important today from our perspective for at least three reasons: (1) he was the first to develop a theory of monopoly capitalism, including a recognition not only of the implications of the rise of a big-business dominated economy, but also the new role assumed in this era by finance, advertising, the penetration of the sales effort into the production process, excess productive capacity, etc.; (2) ogy.
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ISSN:0027-0520