HISTORY — In May 1949 Monthly Review began publication in New York City, as cold war hysteria gathered force in the United States. The first issue featured the lead article Why Socialism? by Albert Einstein. From the first Monthly Review spoke for socialism and against U.S. imperialism, and is still doing so today. From the first Monthly Review was independent of any political organization, and is still so today. The McCarthy era inquisition targeted Monthly Review’s original editors Paul Sweezy and Leo Huberman, who fought back successfully. In the subsequent global upsurge against capitalism, imperialism and the commodification of life (in shorthand “1968”) Monthly Review played a global role. A generation of activists received no small part of their education as subscribers to the magazine and readers of Monthly Review Press books. In the intervening years of counter-revolution, Monthly Review has kept a steady viewpoint. That point of view is the heartfelt attempt to frame the issues of the day with one set of interests foremost in mind: those of the great majority of humankind, the propertyless.