Changes in capitalism over the last three decades have been commonly characterized using a trio of terms: neoliberalism, globalization, and financialization. Although a lot has been written on the first two of these, much less attention has been given to the third. Yet, financialization is now increasingly seen as the dominant force in this triad. […]
Author Archive | John Bellamy Foster
The Ecology of Destruction
I would like to begin my analysis of what I am calling here “the ecology of destruction” by referring to Gillo Pontecorvo’s 1969 film Burn!. Pontecorvo’s epic film can be seen as a political and ecological allegory intended for our time. It is set in the early nineteenth century on an imaginary Caribbean island called […]
‘No Radical Change in the Model’
In the 2006 presidential election campaign in Brazil, President Luiz Inácio Lula da Silva (known as Lula), leader of the Partido dos Trabalhadores (PT or Workers’ Party), was interviewed at length on July 11, 2006, by the Financial Times (which also interviewed Lula’s main rightist challenger Geraldo Alckmin). The interview touched on many topics but […]
No Radical Change in the Model
In the 2006 presidential election campaign in Brazil, President Luiz Inácio Lula da Silva (known as Lula), leader of the Partido dos Trabalhadores (PT or Workers’ Party), was interviewed at length on July 11, 2006, by the Financial Times (which also interviewed Lula’s main rightist challenger Geraldo Alckmin). The interview touched on many topics but […]
The Dialectics of Nature and Marxist Ecology
For ‘Western Marxism’ — a term introduced by Maurice Merleau-Ponty in 1955 in his Adventures of the Dialectic (1973) to describe the philosophical tendency stemming from Georg Lukács’ History and Class Consciousness (1971; originally published in 1923) — no concept internal to Marxism has been more antithetical to the genuine development of historical materialism than […]
“Foreword” to István Mészáros
“Foreword” to István Mészáros, O Desafio E O Fardo Do Temp Histórico: O Socialismo No Século XX! [The Challenge and Burden of Historical Time] (Portuguese edition, Boitempo Editorial, Sao Paulo, Brazil, 2007), pp. 13-18. Translation(s): English version of foreword in English edition of book, (New York: Monthly Review Press, 2008). Portuguese language version also printed […]
Monopoly-Finance Capital
The year now ending marks the fortieth anniversary of Paul Baran and Paul Sweezy’s classic work, Monopoly Capital: An Essay on the American Economic and Social Order (Monthly Review Press, 1966). Compared to mainstream economic works of the early to mid-1960s (the most popular and influential of which were John Kenneth Galbraith’s New Industrial State […]
The Optimism of the Heart
The following intellectual biography of Harry Magdoff is a slightly revised and expanded version of a piece that was posted on MRzine a few days after Harry’s death on January 1, 2006. It evolved out of an earlier biography I wrote for the Biographical Dictionary of Dissenting Economists in 2000. Since the aim of this […]
The Environmental Conditions of the Working Class: An Introduction to Selections from Fredrick Engles’ The Condition of the Working Class in England in 1844
Both urban sociology in general and urban environmental justice studies began with Frederick Engels’s seminal work The Condition of the Working Class in England in 1844. Engels provided a walking tour of the environmental conditions in the manufacturing establishments and slums of the factory towns of England, together with a similar view of London. He […]
Aspects of Class in the United States
If class war is continual in capitalist society, there is no doubt that in recent decades in the United States it has taken a much more virulent form. In a speech delivered at New York University in 2004 Bill Moyers pointed out that the effects of this relentless offensive by the vested interests against the […]