It is impossible to exaggerate the environmental problem facing humanity in the twenty-first century. Nearly fifteen years ago one of us observed: “We have only four decades left in which to gain control over our major environmental problems if we are to avoid irreversible ecological decline.” Today, with a quarter-century still remaining in this projected […]
Author Archive | John Bellamy Foster
Peak Oil and Energy Imperialism
By John Bellamy Foster on July 1, 2008 in Articles, Other Major Scholarly Journal Articles, Translated
The rise in overt militarism and imperialism at the outset of the twenty-first century can plausibly be attributed largely to attempts by the dominant interests of the world economy to gain control over diminishing world oil supplies. Beginning in 1998 a series of strategic energy initiatives were launched in national security circles in the United […]
Sweezy in Perspective
By John Bellamy Foster on May 1, 2008 in Articles, Other Major Scholarly Journal Articles, Translated
Paul M. Sweezy was, in the words of his contemporary John Kenneth Galbraith, “the most distinguished of present-day American Marxists.” A Harvard-trained economist, his writings spanned some seven decades from the early 1930s to the closing years of the twentieth century. For more than half a century he was coeditor of Monthly Review, subtitled An […]
“Foreword” to Paul M. Sweezy, Globalization is Nothing New; Selected Essays
“Foreword” to Paul M. Sweezy, Globalization is Nothing New; Selected Essays in Bengali (Dhaka, Bangladesh: Shrabon Prokoshani, 2008). English version published as “Sweezy in Perspective,” Monthly Review, vol. 60, no. 1 (May 2008), pp. 45-49. Translation(s): Portuguese translation of this piece published in Monthly Review, Portuguese-Language Edition, 2008.
The Financialization of Capital and the Crisis
By John Bellamy Foster on April 1, 2008 in Articles, Other Major Scholarly Journal Articles, Translated
With the benefit of hindsight, few now doubt that the housing bubble that induced most of the recent growth of the U.S. economy was bound to burst or that a general financial crisis and a global economic slowdown were to be the unavoidable results. Warning signs were evident for years to all of those not […]
Classical Marxism and the Second Law of Thermodynamics
Ever since Nicholas Georgescu-Roegen (1971) wrote his magnum opus, The Entropy Law and the Economic Process, the entropy law (or the second law of thermodynamics) has been viewed as a sine qua non of ecological economics. Georgescu-Roegen argued strongly that both the entropy law and the first law of thermodynamics (conservation of matter–energy) were incompatible […]
Rachel Carson’s Ecological Critique
By John Bellamy Foster on February 1, 2008 in Articles, Other Major Scholarly Journal Articles, Translated
Rachel Carson was born just over 100 years ago in 1907. Her most famous book Silent Spring, published in 1962, is often seen as marking the birth of the modern environmental movement. Although an immense amount has been written about Carson and her work, the fact that she was objectively a “woman of the left” […]
The Podolinsky Myth
The relationship between Marxism and ecology has been sullied by Martinez-Alier’s influential interpretation of Engels’s reaction to the agricultural energetics of Sergei Podolinsky. is introduction to the first English translation of Podolinsky’s 1883 Die Neue Zeit piece evaluates Martinez-Alier’s interpretation in light of the four distinct but closely related articles Podolinsky published over the years […]
The Critique of Intelligent Design
A new version of the age-old controversy between religion and science has been launched by today’s intelligent design movement. Although ostensibly concerned simply with combating Darwinism, this new creationism seeks to drive a “wedge” into the materialist view of the world, originating with the ancient Greek philosopher Epicurus and manifested in modern times by Darwin, […]
Rediscovering the History of Imperialism
The Research Unit for Political Economy’s (RUPE’s) brief historical account here of the origins of the Marxist theory of imperialism constitutes a crucial corrective to common errors regarding that history. In my article, “The Imperialist World System: Paul Baran’s Political Economy of Growth After Fifty Years” (Monthly Review, May 2007), I began by pointing out […]
