The United States and the world are now a good two decades into the Internet revolution, or what was once called the information age. The past generation has seen a blizzard of mind-boggling developments in communication, ranging from the World Wide Web and broadband, to ubiquitous cell phones that are quickly becoming high-powered wireless computers […]
Tag Archives | Bangla
What Every Environmentalist Needs to Know About Capitalism
By John Bellamy Foster on March 1, 2010 in Articles, Other Major Scholarly Journal Articles, Translated
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 […]
Monopoly-Finance Capital and the Paradox of Accumulation
By John Bellamy Foster on October 1, 2009 in Articles, Other Major Scholarly Journal Articles, Translated
This month marks the eightieth anniversary of the 1929 Stock Market Crash that precipitated the Great Depression of the 1930s. Ironically, this comes at the very moment that the capitalist system is celebrating having narrowly escaped falling into a similar abyss. The financial crash and the decline in output a year ago, following the collapse […]
The Penal State in an Age of Crisis
By John Bellamy Foster on June 1, 2009 in Articles, Other Major Scholarly Journal Articles, Translated
As a rule, crime and social protest rise in periods of economic crisis in capitalist society. During times of economic and social instability, the well-to-do become increasingly fearful of the general population, more disposed to adopt harsh measures to safeguard their positions at the apex of the social pyramid. The slowdown in the economic growth […]
A Failed System
By John Bellamy Foster on March 1, 2009 in Articles, Other Major Scholarly Journal Articles, Translated
In referring in my title here to “A Failed System” I do not of course mean that capitalism as a system is in any sense at an end. Rather I mean by “failed system” a global economic and social order that increasingly exhibits a fatal contradiction between reality and reason—to the point, in our time, […]
The Ecological Revolution
Since the atomic bomb made its first appearance on the world stage in 1945, it has been clear that we possess the power to destroy our own planet. What nuclear weapons made possible, global environmental crisis, marked especially by global warming, has now made inevitable—if business as usual continues.
A New New Deal under Obama?
By John Bellamy Foster on February 1, 2009 in Articles, Other Major Scholarly Journal Articles, Translated
With U.S. capitalism mired in an economic crisis of a severity that increasingly brings to mind the Great Depression of the 1930s, it should come as no surprise that there are widespread calls for “a new New Deal.” Already the new Obama administration has been pointing to a vast economic stimulus program of up to […]
The Great Financial Crisis
The bursting of the housing bubble and the ensuing financial debacle have left most people, including many economists and financial experts asking: Why did this happen? If they had been reading Monthly Review, and were familiar with such articles as “The Household Debt Bubble,” “The Explosion of Debt and Speculation,” and “The Financialization of Capitalism,” […]
Peak Oil and Energy Imperialism
By John Bellamy Foster on July 1, 2008 in Articles, Other Major Scholarly Journal Articles, Translated
The rise in overt militarism and imperialism at the outset of the twenty-first century can plausibly be attributed largely to attempts by the dominant interests of the world economy to gain control over diminishing world oil supplies. Beginning in 1998 a series of strategic energy initiatives were launched in national security circles in the United […]
Rachel Carson’s Ecological Critique
By John Bellamy Foster on February 1, 2008 in Articles, Other Major Scholarly Journal Articles, Translated
Rachel Carson was born just over 100 years ago in 1907. Her most famous book Silent Spring, published in 1962, is often seen as marking the birth of the modern environmental movement. Although an immense amount has been written about Carson and her work, the fact that she was objectively a “woman of the left” […]
