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Author Archive | John Bellamy Foster

The End of Rational Capitalism

The twentieth century’s dominant myth was that of a “rational capitalism.” The two economists who did the most to promote this idea were John Maynard Keynes and Joseph Schumpeter. Both were responding to the great historical crisis of capitalism manifested in the First World War, the Great Depression, and the Second World War. In the […]

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The Treadmill of Production: Extension, Refinement and Critique

Philosopher of science Imre Lakatos (1978) argued that the key to evaluating merit in the sciences lies in the distinction between progressive and degenerative research programs. A research program is progressive if its theoretical growth anticipates its empirical growth (i.e., if it predicts novel facts with some frequency rather than merely explaining facts discovered by […]

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The Treadmill of Accumulation

Allan Schnaiberg’s “treadmill of production” model has formed the single most influential framework of analysis within environmental sociology in the United States. Schnaiberg’s work is often characterized as “neo-Marxist,” but its actual relation to Marxian political economy has been left obscure. The following article examines Marx’s treatment of the treadmill as the crudest historical expression […]

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Ecology, Capitalism, and the Socialization of Nature

DENNIS SORON: Many environmentalists came away from the Rio Earth Summit in 1992 with a great deal of optimism, believing that the cause of global environmental reform had finally been seriously placed on the political agenda. Today, with environmental conditions continuing to worsen and governments refusing to take effective action, it seems that little of […]

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Political Economy and the Environmental Crisis: Introduction to Special Issue

According to Frederick Buell (2003) in his book ‘From Apocalypse to Way of Life’, perceptions of environmental crisis in the 1960s and 1970s were both narrower in scope and more apocalyptic (usually Malthusian) in tone than those of today. Rather than diminishing, the problem of the environment has only expanded in the years since Rachel […]

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Pox Americana

This volume brings together the work of leading Marxist analysts of imperialism to examine the burning question of our time—the nature and prospects of the U.S. imperial project currently being given shape by war and occupation in the Middle East.

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