Articles in Monthly Review often end by invoking the socialist alternative to capitalism. Readers in recent years have frequently asked us what this means. Didn’t socialism die in the twentieth century? Wasn’t it defeated by capitalism? More practically: if socialism is still being advocated what kind of socialism is it? Are we being utopian in […]
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 […]
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 […]
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 […]
Empire of Barbarism
“A new age of barbarism is upon us.” These were the opening words of an editorial in the September 20, 2004, issue of Business Week clearly designed to stoke the flames of anti-terrorist hysteria. Pointing to the murder of schoolchildren in Russia, women and children killed on buses in Israel, the beheading of American, Turkish, […]
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 […]
The Commitment of an Intellectual
The following brief intellectual biography of Paul Sweezy was drafted in September 2003 shortly before I saw Paul for the last time. It conveys many of the basic facts of his life. But as with all biographies of leading intellectuals it fails to capture the brilliance of his work, which must be experienced directly through […]
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 […]
The American Empire
On June 10, 1963, President John F. Kennedy delivered a commencement address at American University in Washington, D.C., in which he declared that the peace that the United States sought was “not a Pax Americana enforced on the world by American weapons of war.” His remarks were a response to criticisms of the United States […]
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.