John Bellamy Foster

Category: Articles

Articles

  • James Hansen and the Climate-Change Exit Strategy

    James Hansen and the Climate-Change Exit Strategy

    “James Hansen and the Climate-Change Exit Strategy,”, Monthly Review, vol. 64, no. 9 (February 2013) pp. 1-19. DOI: 10.14452/MR-064-09-2013-02_1

    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 due to feedbacks that will hasten the melting. It will thus set the course to an ice-free world. Sea level will rise. Numerous islands will be threatened along with coastal regions throughout the globe. Extreme weather events (droughts, storms, floods) will be far more common. The paleoclimatic record shows that an increase in global average temperature of several degrees means that 50 percent or more of all species—plants and animals—will be driven to extinction. Global food crops will be negatively affected.

    Translations:
    • Turkish translation in Monthly Review, Turkish edition, no. 33 Istanbul: Kalkedon, 2013).
    • Norwegian translation in Vardøger no. 35 (May 2015): 98-116;

     

  • The Planetary Emergency

    The Planetary Emergency

    “The Planetary Emergency” [PDF], (coauthored with Brett Clark, Foster listed first), Monthly Review vol. 64, no. 7 (December 2012), pp. 1-25. DOI: 10.14452/MR-064-07-2012-11_1

    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 the process of capital accumulation. Likewise the common solution is to be sought in a “revolutionary reconstitution of society at large,” going beyond the regime of capital.… It is still possible for humanity to avert what economist Robert Heilbroner once called “ecological Armageddon.” The means for the creation of a just and sustainable world currently exist, and are to be found lying hidden in the growing gap between what could be achieved with the resources already available to us, and what the prevailing social order allows us to accomplish. It is this latent potential for a quite different human metabolism with nature that offers the master-key to a workable ecological exit strategy.

     

  • The Planetary Rift and the New Human Exemptionalism

    “The Planetary Rift and the New Human Exemptionalism: A Political-Economic Critique of Ecological Modernization Theory,” [PDF], Organization and Environment, vol. 25, no. 3 (October 2012), pp. 1-27. DOI:10.1177/1086026612459964

    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 of post–Second World War modernization theory that environmental sociology in its formative years opposed. The answer to these two challenges, it is argued, lies in the development of a political-economic and rational-historical critique of the capitalist environmental regime in the traditions of Marx and Weber. This demands, however, the outright rejection of the new exemptionalism.

  • A Missing Chapter of Monopoly Capital

    A Missing Chapter of Monopoly Capital

    “A Missing Chapter of Monopoly Capital: An Introduction to Baran and Sweezy’s ‘Some Theoretical Implications‘,” Monthly Review, vol. 64, no. 3 (July-August 2012), pp. 3-23.
    DOI: 10.14452/MR-064-03-2012-07_2

    Monopoly Capital: An Essay on the American Economic and Social Order by Paul A. Baran and Paul M. Sweezy, published in 1966, is one of the foundational works in the development of Marxian political economy in the United States and indeed the world, and is today recognized as a classic, having generated more than four-and-a-half decades of research and debate. The completion of the book, however, was deeply affected by Baran’s death, on March 26, 1964, two years before the final manuscript was prepared. Although all of the chapters were drafted in at least rough form and had been discussed a number of times the authors had not mutually worked out to their complete satisfaction certain crucial problems. Consequently, two chapters were left out of the final work.… What happened to these two missing chapters—“Some Implications for Economic Theory” and presumably “On the Quality of Monopoly Capitalist Society—II”—remained for many years a mystery.

    Translations:
    • Turkish translation in Monthly Review, Turkish edition, no. 32 (Istanbul: Kalkedon, 2013, pp. 123-46.

     

  • The Endless Crisis

    The Endless Crisis

    “The Endless Crisis”, (coauthored with Robert W. McChesney, Foster listed first), Monthly Review, vol. 64, no. 1 (May 2012), pp. 1-28. DOI: 10.14452/MR-064-01-2012-05_1

    The Great Financial Crisis and the Great Recession began in the United States in 2007 and quickly spread across the globe, marking what appears to be a turning point in world history. Although this was followed within two years by a recovery phase, the world economy five years after the onset of the crisis is still in the doldrums…. The one bright spot in the world economy, from a growth standpoint, has been the seemingly unstoppable expansion of a handful of emerging economies, particularly China. Yet, the continuing stability of China is now also in question. Hence, the general consensus among informed economic observers is that the world capitalist economy is facing the threat of long-run economic stagnation (complicated by the prospect of further financial deleveraging)…. It is this issue of the stagnation of the capitalist economy, even more than that of financial crisis or recession that has now emerged as the big question worldwide.

    Translations:
    • Turkish translation in Monthly Review, Turkish edition, no. 31 (Istanbul: Kalkedon, 2012), pp. 3-36.
    • German language translation in Info-Verteiler, infoverteiler.net, June 2012.
    • Chinese translation forthcoming in Journal of Gansu Administration Institute.

     

  • Weber and the Environment

    “Weber and the Environment: Classical Foundations for a Post-Exemptionalist Sociology” (coauthored with Hannah Holleman, Foster listed first), American Journal of Sociology, vol. 117, no. 6 (May 2012), pp. 1625-1673. DOI: 10.1086/664617.

    In the last two decades classical sociology, notably Marx, has been mined for environmental insights in the attempt to surmount the “human exemptionalism” of post–Second World War sociology. Weber, however, has remained an enigma in this respect. This article addresses Weber’s approach to the environment, including its significance for his interpretive-causal framework and his understanding of capitalism. For Weber, sociological meanings were often anchored in biophysical realities, including climate change, resource consumption, and energy scarcity, while environmental influences were refracted in complex ways within cultural reproduction. His work thus constitutes a crucial key to constructing a meaningful postexemptionalist sociology.

    Awards
    • Winner of the 2013 Outstanding Publication Award of the Environment and Technology Section of the American Sociological Association.
  • The Global Stagnation and China

    The Global Stagnation and China

    “The Global Stagnation and China”, (coauthored with Robert W. McChesney, Foster listed first), Monthly Review, vol. 63, no 9 (February 2012), pp. 1-28. DOI: 10.14452/MR-063-09-2012-02_1

    Five years after the Great Financial Crisis of 2007–09 began there is still no sign of a full recovery of the world economy. Consequently, concern has increasingly shifted from financial crisis and recession to slow growth or stagnation, causing some to dub the current era the Great Stagnation. Stagnation and financial crisis are now seen as feeding into one another.… To be sure, a few emerging economies have seemingly bucked the general trend, continuing to grow rapidly—most notably China, now the world’s second largest economy after the United States. Yet, as [IMF Managing Director Christine] Lagarde warned her Chinese listeners, “Asia is not immune” to the general economic slowdown, “emerging Asia is also vulnerable to developments in the financial sector.” So sharp were the IMF’s warnings, dovetailing with widespread fears of a sharp Chinese economic slowdown, that Lagarde in late November was forced to reassure world business, declaring that stagnation was probably not imminent in China (the Bloomberg.com headline ran: “IMF Sees Chinese Economy Avoiding Stagnation.”)

    Translations:
    • Spanish translation in Marxismo Critico, November 16, 2012.
    • Italian translation in Pantarossa, October 5, 2015.

     

  • Capitalism and the Accumulation of Catastrophe

    Capitalism and the Accumulation of Catastrophe

    “Capitalism and the Accumulation of Catastrophe,”, Monthly Review, vol. 63, no. 7 (December 2011), pp. 1-17. DOI: 10.14452/MR-063-07-2011-11_1

    Over the next few decades we are facing the possibility, indeed the probability, of global catastrophe on a level unprecedented in human history. The message of science is clear. As James Hansen, the foremost climate scientist in the United States, has warned, this may be “our last chance to save humanity.” In order to understand the full nature of this threat and how it needs to be addressed, it is essential to get a historical perspective on how we got where we are, and how this is related to the current socioeconomic system, namely capitalism.

    Translations:
    • Turkish translation in Monthly Review, Turkish edition 30 (Istanbul: Kalkedon, 2012), pp. 3-22.

     

  • The Global Reserve Army of Labor and the New Imperialism

    “The Global Reserve Army of Labor and the New Imperialism”, (coauthored with Robert W. McChesney and R. Jamil Jonna, Foster listed first), Monthly Review, vol. 63, no. 6 (November 2011), pp. 1-31. DOI: 10.14452/MR-063-06-2011-10_1

    In the last few decades there has been an enormous shift in the capitalist economy in the direction of the globalization of production. Much of the increase in manufacturing and even services production that would have formerly taken place in the global North—as well as a portion of the North’s preexisting production—is now being offshored to the global South, where it is feeding the rapid industrialization of a handful of emerging economies. It is customary to see this shift as arising from the economic crisis of 1974–75 and the rise of neoliberalism—or as erupting in the 1980s and after, with the huge increase in the global capitalist labor force resulting from the integration of Eastern Europe and China into the world economy. Yet, the foundations of production on a global scale, we will argue, were laid in the 1950s and 1960s, and were already depicted in the work of Stephen Hymer, the foremost theorist of the multinational corporation, who died in 1974.

    Translations:
    • Turkish translation in Monthly Review, Turkish edition, no. 30 (Istanbul: Kalkedon, 2012), pp. 75-110.

     

  • Samir Amin at 80

    Samir Amin at 80

    “Samir Amin at 80: An Introduction and Tribute,” Monthly Review, vol. 63, no. 5 (October 2011), 1-7. DOI: 10.14452/MR-063-05-2011-09_1

    Samir Amin was born in Cairo in 1931, and studied within the French educational system in Egypt.… He is currently president of the World Forum for Alternatives.… Amin’s wide-ranging work can be most succinctly described in terms of the dual designation of The Law of Value and Historical Materialism—the title of one of his books, now in a new edition as The Law of Worldwide Value. Marx’s intellectual corpus, he notes, appears to be divided into writings on economics and writings on politics.… For Amin, this basic division of Marxist theory is not to be denied. Nevertheless, he insists that the economic laws of capitalism, summed up by the law of value, “are subordinate to the laws of historical materialism.” Economic science, while indispensable, cannot explain at the highest level of abstraction, as in mathematical equations, the full reality of capitalism and imperialism—since it cannot account either for the historical origins of the system itself, or for the nature of the class struggle.