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Author Archive | John Bellamy Foster

Introduction to the Second Edition of The Theory of Monopoly Capitalism

The Theory of Monopoly Capitalism: An Elaboration of Marxian Political Economy was initially written thirty years ago this coming year as my doctoral dissertation at York University in Toronto. It was expanded into a larger book form with three additional chapters (on the state, imperialism, and socialist construction) and published by Monthly Review Press two […]

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Marx, Kalecki, and Socialist Strategy

A historical perspective on the economic stagnation afflicting the United States and the other advanced capitalist economies requires that we go back to the severe downturn of 1974–1975, which marked the end of the post-Second World War prosperity. The dominant interpretation of the mid–1970s recession was that the full employment of the earlier Keynesian era […]

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James Hansen and the Climate-Change Exit Strategy

The world at present is fast approaching a climate cliff. Science tells us that an increase in global average temperature of 2°C (3.6° F) constitutes the planetary tipping point with respect to climate change, leading to irreversible changes beyond human control. A 2°C rise is sufficient to melt a significant portion of the world’s ice […]

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Toward a Global Dialogue on Ecology and Marxism: A Brief Response to Chinese Scholars

I would like to thank Zhihe Wang, Meijun Fan, Hui Dong, Dezhong Sun, and Lichun Li for doing so much to promote a global dialogue on ecological Marxism by summarizing some of the insights and concerns of Chinese scholars in this area, focusing in this case on my work in particular. The various questions, challenges, […]

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The Planetary Emergency

Capitalism today is caught in a seemingly endless crisis, with economic stagnation and upheaval circling the globe. But while the world has been fixated on the economic problem, global environmental conditions have been rapidly worsening, confronting humanity with its ultimate crisis: one of long-term survival. The common source of both of these crises resides in […]

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The Endless Crisis

The days of boom and bubble are over, and the time has come to understand the long-term economic reality. Although the Great Recession officially ended in June 2009, hopes for a new phase of rapid economic expansion were quickly dashed. Instead, growth has been slow, unemployment has remained high, wages and benefits have seen little […]

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The Planetary Rift and the New Human Exemptionalism

Environmental sociology must address two challenges, emanating both from without and within. The world is faced with a growing planetary rift, as planetary boundaries are being crossed. At the same time a new exemptionalism in the form of ecological modernization theory has arisen within environmental sociology, resurrecting many aspects of the human exemptionalist model characteristic […]

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