The Defense of Nature: Resisting the Financializaton of the Earth
The rapid financialization of nature is promoting a Great Expropriation of the global commons and the dispossession of humanity on an unprecedented scale. | more…
Nature as a Mode of Accumulation: Capitalism and the Financialization of the Earth
From September to November 2021, overlapping with the 2021 UN Climate Change Conference negotiations in Glasgow, three major interrelated developments occurred in global finance. Taken together, these changes mark a turning point in the financial expropriation of the earth and the culmination of a theoretical shift in the dominant economic paradigm aimed at the unlimited accumulation of total capital, which is now seen as including “natural capital.” | more…
Lukács and the Tragedy of Revolution: Reflections on “Tactics and Ethics”
For Georg Lukács, revolution represented the realm of the objectively possible. He saw the tragedy of action as a necessary element in a movement toward greater human freedom synonymous with historical necessity. | more…
Against Doomsday Scenarios: What Is to Be Done Now?
We should avoid offering a fatalistic worldview. In fact, the environmental movement in general and ecosocialism in particular are all about combating the current trend toward ecological destruction. Climate change is now “code red for humanity.” This is not a doomsday forecast but a call to action. | more…
The Planetary Rift
The widespread view on the left that Marx had adopted an extreme productivist view of the human domination of nature—and hence had failed to perceive the natural limits to production and ecological contradictions in general, giving them at most only marginal attention—was contradicted by his theory of the metabolic rift. | more…
The Capitalinian: The First Geological Age of the Anthropocene
Assuming that the Anthropocene will soon be officially designated as the earth’s current epoch, there remains the question of the geological age with which the Anthropocene begins. Adopting the standard nomenclature for the naming of geological ages, the term Capitalinian is proposed as the most appropriate name for the new geological age, conforming to the historical period that environmental historians see as commencing around 1950, in the wake of the Second World War, the rise of multinational corporations, and the unleashing of the process of decolonization and global development. | more…
The New Cold War on China
The imperialist world system, crowned by U.S. hegemony, is now threatened by China’s seemingly inexorable rise and pursuit of its own distinctive sovereign project. In this respect, the Trump administration’s prosecution of a New Cold War on China was no anomaly, but rather the inevitable U.S. response to China’s rise and the end of Washington’s unipolar moment. The Biden administration has made it clear that it not only intends to continue the New Cold War, but to accelerate it. | more…
Capital and the Ecology of Disease
The death of Salvador Allende in 1973 marked, simultaneously, not only the demise of one of the great socialist experiments, and the launching of neoliberalism; it also represented the loss in Allende of one of the great figures in social medicine. Nowhere has neoliberalism had more devastating effects than in the destruction of public health and social medicine initiatives throughout the world. | more…
Preface to the Persian Edition of The Ecological Revolution
The Ecological Revolution was first published a little more than ten years ago in April 2009, at a time when climate change had already been recognized as a pressing global issue for over two decades, but when there was still hardly any realistic discussion of its connection to capitalism or of the immense ecological and social revolution that would be required to overcome the Earth System crisis. Let us look back to understand the historical gulf separating that time from our own. | more…
The Contagion of Capital
Financialized Capitalism, COVID-19, and the Great Divide
Although the current crisis of production associated with the COVID-19 pandemic has sharpened disparities, the overall problem is much longer and more deep-seated, a manifestation of the inner contradictions of monopoly-finance capital. Comprehending the basic parameters of today’s financialized capitalist system is the key to understanding the contemporary contagion of capital, a corrupting and corrosive cash nexus that is spreading to all corners of the U.S. economy, the globe, and every aspect of human existence. | more…
The Return of Nature and Marx’s Ecology
In an interview with Alejandro Pedregal, John Bellamy Foster tells us about the paths great ecosocialist thinkers traveled, the most prominent debates in current Marxist ecological thought, and the urgent need for a project that transcends the conditions that threaten the existence of our planet today. | more…
Engels’s Dialectics of Nature in the Anthropocene
Today, two hundred years after his birth, Frederick Engels can be seen as one of the foundational ecological thinkers of modern times. Engels’s contributions to our understanding of the overall ecological problem remain indispensable, rooted in his own deep inquiries into nature’s universal metabolism. It is because of the very comprehensiveness of his approach to the dialectic of nature and society that Engels’s work can help clarify the momentous challenges facing humanity in the Anthropocene epoch and the current age of planetary ecological crisis. | more…
China 2020: An Introduction
In the twenty-first century, all signs are pointing to another period of hegemonic struggle over the world economy, this time between the United States and China, although complicated in this case by the unique, indeterminate aspects of the post-revolutionary Chinese social formation, which is neither entirely capitalist nor entirely socialist. | more…