John Bellamy Foster

Category: Translated

  • The Ecological Rift

    The Ecological Rift

    The Ecological Rift“The Ecological Rift: Capitalism’s War with the Earth,” (co-authored with Brett Clark and Richard York, Foster listed first, New York: Monthly Review Press, 2010), 544 pp.

    Editions:

    • German edition, (Hamburg: Laika-Verlag, 2011).

    Translations:

    • Portuguese translation from Expressao Popular 2015.
    • Swedish translation of introduction available at Lalit magazine.
    • French translation of the chapter, “The Ecology of Consumption,” in Ecologie et Politique 43 (2012), pp. 109-30.

    Winner of the 2010 Gerald L. Young Book Award, bestowed by the Society for Human Ecology

    Humanity in the twenty-first century is facing what might be described as its ultimate environmental catastrophe: the destruction of the climate that has nurtured human civilization and with it the basis of life on earth as we know it. All ecosystems on the planet are now in decline. Enormous rifts have been driven through the delicate fabric of the biosphere. The economy and the earth are headed for a fateful collision—if we don’t alter course.

    In The Ecological Rift: Capitalism’s War on the Earth, environmental sociologists John Bellamy Foster, Brett Clark, and Richard York offer a radical assessment of both the problem and the solution. They argue that the source of our ecological crisis lies in the paradox of wealth in capitalist society, which expands individual riches at the expense of public wealth, including the wealth of nature. In the process, a huge ecological rift is driven between human beings and nature, undermining the conditions of sustainable existence: a rift in the metabolic relation between humanity and nature that is irreparable within capitalist society, since integral to its very laws of motion.

    Critically examining the sanguine arguments of mainstream economists and technologists, Foster, Clark, and York insist instead that fundamental changes in social relations must occur if the ecological (and social) problems presently facing us are to be transcended. Their analysis relies on the development of a deep dialectical naturalism concerned with issues of ecology and evolution and their interaction with the economy. Importantly, they offer reasons for revolutionary hope in moving beyond the regime of capital and toward a society of sustainable human development.

    Reviews:

    This book is desperately needed, because it ends any illusion that we can solve our pressing environmental crises within the same system that created them. With tweaking the system—using incremental market-based strategies—off the table, we can put our efforts into genuine, lasting solutions.

    —Annie Leonard, author and host, Story of Stuff

    Marx’s concept of ‘metabolic rift’ in the circulation of soil nutrients between countryside and town is generalized by Foster, Clark, and York to an insightful Marxist analysis of the current ecological rift between modern capitalism and the ecosystem. It is a scholarly, well-referenced, and important contribution.

    —Herman E. Daly, Professor Emeritus, School of Public Policy, University of Maryland and author, Beyond Growth

    This important book treats industrial capitalism as the globally destructive force that it is, and powerfully points the way toward, as the authors put it, ‘universal revolts against imperialism, the destruction of the planet, and the treadmill of accumulation.’ We need these revolts if we are to survive. This book is a crucial part of that struggle.

    —Derrick Jensen, author, Endgame and The Culture of Make Believe

    This timely new work promises to become a basic resource in understanding the incompatibility between capitalism and ecology, and also in arguing for the ecological dimensions of any future socialism.

    —Fredric Jameson, Professor, Duke University; author, Valences of the Dialectic

    The Ecological Rift deserves to—and needs to—become a classic in its field.

    —Simon Butler, Links International Journal of Socialist Renewal

  • The Financialization of Accumulation

    The Financialization of Accumulation

    “The Financialization of Accumulation“, Monthly Review vol. 62, no. 5 (October 2010), pp. 1-17. DOI: 10.14452/MR-062-05-2010-09_1

    In 1997, in his last published article, Paul Sweezy referred to “the financialization of the capital accumulation process” as one of the three main economic tendencies at the turn of the century (the other two were the growth of monopoly power and stagnation). Those familiar with economic theory will realize that the phrase was meant to be paradoxical. All traditions of economics, to varying degrees, have sought to separate out analytically the role of finance from the “real economy.” Accumulation is conceived as real capital formation, which increases overall economic output, as opposed to the appreciation of financial assets, which increases wealth claims but not output. In highlighting the financialization of accumulation, Sweezy was therefore pointing to what can be regarded as “the enigma of capital” in our time

    Translations:
    • Translated in Monthly Review, Turkish edition, issue 25 (Istanbul, Turkey: Kalkedon Publications, January 2011).
    • French translation at Changement de société(blog), http://socio13.wordpress.com/2011/06/06/la-financiarisation-de-l’accumulation-par-john-bellamy-foster-version-complete/.

     

  • The Ecology of Consumption

    “The Ecology of Consumption: A Critique of Economic Malthusianism,” [PDF], (coauthored with Brett Clark, Foster listed first), Polygraph: An International Journal of Culture and Politics, no. 22 (2010), pp. 113-32.

    Environmentalists, especially in wealthy countries, have often approached the question of environmental sustainability by stressing population and technology, while deemphasizing the middle term in the well-known IPAT (environmental Impact = Population x Affluence x Technology) formula. The reasons for this are not difficult to see. Within capitalist society, there has always been a tendency to blame anything but the economic system itself for ecological overshoot. Yet if the developing ecological crisis has taught us anything, it is that even though population growth and inappropriate technologies have played important roles in accelerating environmental degradation, the ecological rift we are now facing has its principal source in the economy.

    Translations:
    • French translation in Écologie & Politique, no. 43 (2011), pp. 109-30.

  • The Dialectic of Social and Ecological Metabolism

    “The Dialectic of Social and Ecological Metabolism: Marx, Mészáros, and the Absolute Limits of Capital” (coauthored with Brett Clark, Clark listed first), Socialism and Democracy, (2010), 12 pp. DOI:10.1080/08854300.2010.481447

    One of the most remarkable aspects of Marxist scholarship in recent decades has been the recovery and development of Marx’s argument on social and ecological metabolism, which was crucial to his metabolic terms. As he wrote in Capital: “Labour is … a process between man and nature, a process by which man … mediates, regulates and controls the metabolism between himself and nature.” Such and conception was two-sided. It captured both the social character of labor, associated with such metabolic reproduction, and its ecological character, requiring a continuing, dialectical relation to nature.

    Translations:
    • Original Portuguese language version, based on conference paper, published in Margem Esquerda: Ensaios Marxistas, no. 14 (2010), pp. 21-29.
  • The Financial Power Elite

    The Financial Power Elite

    “The Financial Power Elite“, (coauthored with Hannah Holleman, Foster listed first), Monthly Review vol. 62, no. 1 (May 2010), pp. 1-19. DOI: 10.14452/MR-062-01-2010-05_1

    Has the power of financial interests in U.S. society increased? Has Wall Street’s growing clout affected the U.S. state itself? How is this connected to the present crisis? We will argue that the financialization of U.S. capitalism over the last four decades has been accompanied by a dramatic and probably long-lasting shift in the location of the capitalist class, a growing proportion of which now derives its wealth from finance as opposed to production. This growing dominance of finance can be seen today in the inner corridors of state power.

    Translations:

     

  • Marx’s Ecology in the 21st Century

    “Marx’s Ecology in the 21st Century”(coauthored with Brett Clark, Clark listed first), World Review of Political Economy, vol. 1, no. 1 (March 2010), pp. 142-56. JSTOR: 41931871.

    The most pressing problem confronting humanity in the 21st century is the ecological crisis. The “problem of nature” is really a problem of capital, as natural cycles are turned into broken linear processes geared to private accumulation. Important advances in ecosocialist theory illuminate the continuing importance of marx’s materialist and metabolic approach for studying the dialectical interchange between humans and nature and the creation of ecological rifts within ecosystems. Additionally, Marx’s ecology serves as a foundation for understanding environmental degradation, given his critique of capital as a whole and his focus on the contradiction between use value and exchange value (which facilitates the expansion of private riches at the expense of public wealth, i.e., the Lauderdale Paradox). In stark contrast to the market mechanisms proposed to address the ecological crisis, which place profit above protecting nature, Marx’s ecology stresses the necessity of establishing a social order that sustains the conditions of life for future generations.

    Translations:
    • Chinese translation by Sun Yaoliang in Marxism and Reality, 2010.
  • What Every Environmentalist Needs to Know About Capitalism

    What Every Environmentalist Needs to Know About Capitalism

    “What Every Environmentalist Needs to Know About Capitalism“, (coauthored with Fred Magdoff, Foster listed second), Monthly Review, vol. 61, no. 10 (March 2010), pp.1-30. DOI: 10.14452/MR-061-10-2010-03_1

    For those concerned with the fate of the earth, the time has come to face facts: not simply the dire reality of climate change but also the pressing need for social-system change. The failure to arrive at a world climate agreement in Copenhagen in December 2009 was not simply an abdication of world leadership, as is often suggested, but had deeper roots in the inability of the capitalist system to address the accelerating threat to life on the planet. Knowledge of the nature and limits of capitalism, and the means of transcending it, has therefore become a matter of survival. In the words of Fidel Castro in December 2009: “Until very recently, the discussion [on the future of world society] revolved around the kind of society we would have. Today, the discussion centers on whether human society will survive.”

    Translations:
    • Bangla translation by Farooque Chowdhury in Bangla Monthly Review, vol. 2, no. 3 (June 2010). Translated by Farooque Chowdhury.
    • Spanish translation by Observatorio Petrolero Sur printed by the Corporación para la Educación, el Desarrollo y la Investigación Popular – Instituto Nacional Sindical at http://www.cedins.org, June 13, 2011.
    • Galician translation by Xosé Díaz Díaz in Terra e Tempo no. 4 (2010), http://www.terraetempo.net.

     

  • The Age of Monopoly-Finance Capital

    The Age of Monopoly-Finance Capital

    “The Age of Monopoly-Finance Capital“, Monthly Review, vol. 61, no. 9 (February 2010), pp.1-13. DOI: 10.14452/MR-061-09-2010-02_1

    Three years ago, in December 2006, I wrote an article for Monthly Review entitled “Monopoly-Finance Capital.” The occasion was the anniversary of Paul Baran and Paul Sweezy’s Monopoly Capital, published four decades earlier in 1966.…The article…[discussed] “the dual reality” of stagnant growth (or stagnation) and financialization, characterizing the advanced economies in this phase of capitalism. I concluded that this pointed to two possibilities: (1) a major financial and economic crisis in the form of “global debt meltdown and debt-deflation,” and (2) a prolongation of the symbiotic stagnation-financialization relationship of monopoly-finance capital. In fact, what we have experienced in the last two years, I would argue, is each of these sequentially: the worst financial-economic crisis since the 1930s, and then the system endeavoring to right itself by returning to financialization as its normal means of countering stagnation. It is thus doubly clear today that we are in a new phase of capitalism. In what follows, I shall attempt to outline the logic of this argument, as it evolved out of the work of Baran, Sweezy, and Harry Magdoff in particular, and how it relates to our present economic and social predicament.

    Reprints:

    • Reprinted in John Barkdull, ed., Public Policy and Global Change (Cogneta, 2012)

    Translations:

     

  • Why Ecological Revolution?

    “Why Ecological Revolution?“, Monthly Review vol. 61, no. 8 (January 2010), pp. 1-19. DOI: 10.14452/MR-061-08-2010-01_1

    It is now universally recognized within science that humanity is confronting the prospect—if we do not soon change course—of a planetary ecological collapse. Not only is the global ecological crisis becoming more and more severe, with the time in which to address it fast running out, but the dominant environmental strategies are also forms of denial, demonstrably doomed to fail, judging by their own limited objectives. This tragic failure, I will argue, can be attributed to the refusal of the powers that be to address the roots of the ecological problem in capitalist production and the resulting necessity of ecological and social revolution.

    Reprints:

    Reprinted in Leslie King and Deborah McCarthy Auriffeille, ed., Environmental Sociology: From Analysis to Action, Third Edition (New York: Rowman and Littlefield, 2014), pp. 37-52.

    Translations:
    • German translation in Sozialistische Zeitung, March 2010.
    • French translation by Jean Pestieua in Études Marxistes, no. 86, 2009, 63-76.
    • Latvian translation by Ieva Zalite, Green Liberty, http://zb-zeme.lv, 2010.
    • Chinese translations in Foreign Theoretical Trends, no. 3, 2010 and at www.leftlibrary.com/foster.htm, 2010.
    • Spanish translation in Brumaria 22 (Madrid, 2010), pp. 257-70.

     

  • The Paradox of Wealth

    The Paradox of Wealth

    “The Paradox of Wealth: Capitalism and Ecological Destruction“, (coauthored with Brett Clark, Foster listed first), Monthly Review vol. 61, no. 6 (November 2009), pp. 1-18. DOI: 10.14452/MR-061-06-2009-10_1

    Today orthodox economics is reputedly being harnessed to an entirely new end: saving the planet from the ecological destruction wrought by capitalist expansion. It promises to accomplish this through the further expansion of capitalism itself, cleared of its excesses and excrescences. A growing army of self-styled “sustainable developers” argues that there is no contradiction between the unlimited accumulation of capital—the credo of economic liberalism from Adam Smith to the present—and the preservation of the earth. The system can continue to expand by creating a new “sustainable capitalism,” bringing the efficiency of the market to bear on nature and its reproduction. In reality, these visions amount to little more than a renewed strategy for profiting on planetary destruction.

    Translations:
    • Latvian translation by Ieva Zalite, Green Liberty, http://.zb-zeme.lv 2010.
    • Galician translation by Xosé Díaz Díaz in Terra e Tempo no. 4 (2010), http://www.terraetempo.net.
    • Hungarian translation in Ezmélet (Consciousness) no. 86 (Summer 2010), http://www.eszmelet.hu/.
    • Translated in Monthly Review, Turkish edition, issue 23 (Istanbul: Kalkedon Publications, June 2010).