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Ecology

Wladyslaw T Benda - The Earth with the Milky Way and Moon

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…

Lake Zug (from the south), Switzerland in 1940

Magic, Necromancy, and the Nonhuman Turn

Across the humanities and the social sciences, critical attention is being given to the nonhuman as an ecological, philosophical, and political problem—the nonhuman here meaning anything from animals and plants to manufactured objects. Going under names as various as new materialism, political ecology, and object-oriented ontology, these studies comprise a movement that is largely described as the nonhuman turn. | more…

December 2021 (Volume 73, Number 7)

With the rapidly worsening capitalist demolition of the planetary environment and the expansion of ecosocialist movements in response, leading establishment think tanks, like the corporate-supported Breakthrough Institute, dedicated to promoting the ideology of “green capitalism” at any cost, have found themselves in a difficult place. | more…

Fist with windmill

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…

Flooding on Laboulle avenue in Tilff, Belgium

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…

Monthly Review Volume 73, Number 5 (October 2021)

October 2021 (Volume 73, Number 5)

What was most significant about the published Part I of the report was that it revealed that even in the most optimistic projection of the Shared Socioeconomic Pathways—in which carbon emissions globally peak in the next four years, a 1.5°C increase in global average temperature over preindustrial levels would be avoided until 2040, and the goal of net zero carbon emissions would be reached by 2050—the consequences for global humanity would nonetheless be catastrophic by the measure of all historical precedents. | more…

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