Sweezy remained at home in New Hampshire, traveling down to New York City once a month to read manuscripts, where Huberman conducted the day-to-day operations of the magazine along with his wife, Gerty Huberman, and family friend Sybil Huntington May. Sweezy and Huberman were complementary figures guiding the publication, with Sweezy's theoretical bent and writing ability put to use for a majority of the editorial content, while Huberman took charge of the business and administrative aspects of the enterprise.

The author of an array of books and pamphlets during the 1930s and early 1940s, the New York University-educated Huberman worked full-time on Monthly Review from its establishment until his death of a heart attack in 1968. Īlthough Matthiessen was the financial angel of the new publication, from the outset the editorial task was handled by Sweezy and his co-thinker, the left wing popular writer Leo Huberman. Matthiessen's funds made the launch of Monthly Review possible, although the amount of the seed money was reduced to $4,000 per year in the second and third years by the executors of Matthiessen's estate following his suicide in 1950.

Matthiessen made the offer to Sweezy to underwrite 'that magazine and Leo Huberman were always talking about,' committing the sum of $5,000 per year for three years. Matthiessen came into an inheritance after his father died in an automobile accident in California and had no pressing need for the money. 'Matty' Matthiessen and Marxist economist Paul Sweezy, who were former colleagues at Harvard University. The two men were literary scholar and Christian socialist F.O. Wallace, two former supporters of the Wallace effort met at the farm in New Hampshire where one of them was living. The publication is the longest continuously published socialist magazine in the United States.įollowing the failure of the independent 1948 Presidential campaign of Henry A. The Monthly Review, established in 1949, is an independent socialist magazine published monthly in New York City. ( Learn how and when to remove this template message) JSTOR ( March 2022) ( Learn how and when to remove this template message).Please improve this article by adding secondary or tertiary sources. This article relies excessively on references to primary sources.

Bellamy 2000