John Bellamy Foster

Tag: Chinese

  • The Household Debt Bubble

    The Household Debt Bubble

    “The Household Debt Bubble“, Monthly Review 58, no. 1 (May 2006), pp.1-11. DOI: 10.14452/MR-058-01-2006-05_1

    It is an inescapable truth of the capitalist economy that the uneven, class-based distribution of income is a determining factor of consumption and investment. How much is spent on consumption goods depends on the income of the working class. Workers necessarily spend all or almost all of their income on consumption. Thus for households in the bottom 60 percent of the income distribution in the United States, average personal consumption expenditures equaled or exceeded average pre-tax income in 2003; while the fifth of the population just above them used up five-sixths of their pre-tax income (most of the rest no doubt taken up by taxes) on consumption.1 In contrast, those high up on the income pyramid-the capitalist class and their relatively well-to-do hangers-on-spend a much smaller percentage of their income on personal consumption. The overwhelming proportion of the income of capitalists (which at this level has to be extended to include unrealized capital gains) is devoted to investment.

    Translations:
    • Chinese translation by Wang Shui in The Journal of Society and Science (China), 2006.

     

  • The Renewing of Socialism

    “The Renewing of Socialism: An Introduction” [PDF], Monthly Review, vol. 57, no. 3 (July-August 2005), pp. 1-18.

    Translation

    • Chinese translation by Zhuang Junju, Contemporary World and Socialism (China), no. 1 (2006).
    • Translated in Monthly Review, Turkish edition, no. 1 (2006), pp. 11-30
    • Greek translation published in Monthly Review (Greek edition, Athens, 2006), pp. 7-26.

    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 the sense of advancing a pleasant but impossible dream?

  • Ecology, Capitalism, and the Socialization of Nature

    “Ecology, Capitalism, and the Socialization of Nature: An Interview with John Bellamy Foster” [PDF], Monthly Review vol. 56, no. 6 (November 2004), pp. 1-12.

    Originally published on-line in Aurora (Athabasca University), Interview Collection at http://aurora.icaap.org/.

    Translations

    • Chinese translation by Liu Rensheng, Contemporary World and Socialism (China), no. 6, 2005.
    • Indonesian translation in Ecology, Capitalism and the Socialization of Nature (Jakarta: Indonesian Forum for Environment (WALHI): Institute for Media Liberation and Social Sciences, 2004).

    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 this optimism remains. Why did the hopes spawned at Rio turn out to be so misplaced?

  • The Commitment of an Intellectual

    The Commitment of an Intellectual

    “The Commitment of an Intellectual: Paul M. Sweezy (1910-2004),” Monthly Review, vol. 56, no. 5 (October 2004), pp. 5-39. DOI: 10.14452/MR-056-05-2004-09_2

    Original draft placed on the Monthly Review web page in March of 2004, shortly after Sweezy’s death.

    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 his own writings. Nor is the warmth of Paul’s character adequately conveyed here. A short personal note is therefore needed. What was so surprising about Paul was his seemingly endless generosity and humanity. Paul gave freely of himself to all of those seeking his political and intellectual guidance. But a few, such as myself, were particularly blessed in that they experienced this on a deeper, more intense level. For decades Paul was concerned that Monthly Review not perish as had so many socialist institutions and publications in the past. He recognized early on that the continuance of the magazine and the tradition that it represented required the deliberate cultivation of new generations of socialist intellectuals. I was fortunate to be singled out while still quite young as one of those. For decades Paul wrote me letter after letter—no letter that I wrote to him ever went unanswered—sharing his knowledge, intellectual brilliance, and personal warmth. It was an immense, indescribable gift.

    Translations:
    • Turkish translation of early version in iktisat dergisi (August 2004), pp. 22-40.
    • Persian translation of early version in Ketaab-e-Bar-rassi-haa-ye Ejtema’i (Journal of Social Reviews), November 2004 (publisher: Baztabnegar).
    • Bengali translation included in In the Rank of the Wretched: A collection of Short Biographies of Albert Einstein, Paul M. Sweezy, and Harry Magdoff. (Dhaka, Bangladesh: Shrabon Prokashoni, 2006).
    • Chinese translation by Xi Cai in Foreign Theory Dynamics, 6 (2003).

     

  • Imperialism Without Colonies

    Imperialism Without Colonies

    “Introduction” to Harry Magdoff, Imperialism Without Colonies (New York: Monthly Review Press, 2003), pp. 9-19

    In the decades after 1945, as colonial possessions became independent states, it was widely-believed that imperialism as a historical phenomenon was coming to an end. The six essays collected in this volume demonstrate that a new form of imperialism was, in fact, taking shape—an imperialism defined not by colonial rule but by the global capitalist market. From the outset, the dominant power in this imperialism without colonies was the United States.

    Magdoff’s essays explain how this imperialism works, why it generates ever greater inequality, repression, and militarism, and the essential role it plays in the development of U.S. capitalism.

    His concluding essay presciently points out the limits of any attempted reform of the global economy which does not directly challenge the framework of capitalism.

    Written in the 1960s and 70s, Magdoff’s essays constituted a major contribution to Marxist theory and provided a model of rigorous argument in which theory is constantly checked against the economic reality. They provide an indispensable guide to the basic forces at work in the global politics of the twenty-first century.

    • Published also in Monthly Review, vol. 55, no. 1 (May 2003) under the title “Imperial America and War,” pp. 1-10.
    Translations:
    • Chinese translation in Chinese Academic Social Science Press, 2012.

  • Marx’s Ecology in Historical Perspective

    “Marx’s Ecology in Historical Perspective,” [PDF] International Socialism, no. 97 (Autumn 2002), pp. 71-86.

    ‘For the early Marx the only nature relevant to the understanding of history is human nature … Marx wisely left nature (other than human nature) alone.’ These words are from George Lichtheim’s influential book Marxism: An Historical and Critical Study, first published in 1961. [1]

    Though he was not a Marxist, Lichtheim’s view here did not differ from the general outlook of Western Marxism at the time he was writing. Yet this same outlook would be regarded by most socialists today as laughable. After decades of explorations of Marx’s contributions to ecological discussions and publication of his scientific-technical notebooks, it is no longer a question of whether Marx addressed nature, and did so throughout his life, but whether he can be said to have developed an understanding of the nature-society dialectic that constitutes a crucial starting point for understanding the ecological crisis of capitalist society.

    Reprints:
    • Reprint in Bertell Ollman and Kevin B. Anderson, ed., Karl Marx (Farnham, Surrey: Ashgate Publishing Group, 2012), 609-21.
    • Part of the International Library of Essays in Classical Sociology series, edited by David Chalcraft.
    Translations:
    • Greek translation in Marxist Thought, December 2001
    • Chinese translation by Guo Jianren in Marxist Philosophical Research (China), Wuhan University, 2002
    • Malay translation by Muhammed Salleh in Suara Sosialisme (October 2002) http://arts.anu.edu.au/suara/foster1.rtf. Malay translation (2002) in Malayan edition of International Socialism.
  • Ecology Against Capitalism

    Ecology Against Capitalism

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    “Ecology Against Capitalism,” (New York: Monthly Review Press 2002), 176 pp.

    (Consists of previously published articles/chapters on ecology and capitalism written between 1992 and 2002.)

    Within these debates on the politics of ecology, Foster’s work develops an important and distinctive perspective. Where many of these debates assume a basic divergence of “red” and “green” issues, and are concerned with the exact terms of a trade-off between them, Foster argues that Marxism — properly understood — already provides the framework within which ecological questions are best approached. This perspective is advanced here in accessible and concrete form, taking account of the major positions in contemporary ecological debate.

    Foster’s introduction sets out the unifying themes of these essays to present a consolidated approach to a rapidly-expanding field of debate which is of critical importance in our time.

    Editions:

    • Indian edition (Kharagpur, India: Cornerstone Publications, 2003).
    • Korean edition by Chaekalpi Publishers, 2007 (contains new preface to Korean edition by author).
    • Bangla edition, (Dhaka, Bangladesh: Shrabon Prokoshani, 2008).
    Translations:
    • Portuguese translation forthcoming from Expressao Popular, 2015.
    • German translation, Hamburg: Laika-Verlag, 2013.
    • Chinese translation by Geng Jianxin and Song Xingwu, (Shanghai: Shanghai Translation Publishing House, 2006).
    • Greek translation, Metaixmio Editions.
  • Monopoly Capital and the New Globalization

    Monopoly Capital and the New Globalization

    “Monopoly Capital and the New Globalization,” Monthly Review, vol 53, no. 8 (January 2002), pp. 1-7. DOI: 10.14452/MR-053-08-2002-01_1

    We live at a time when capitalism has become more extreme, and is more than ever presenting itself as a force of nature, which demands such extremes. Globalization—the spread of the self-regulating market to every niche and cranny of the globe—is portrayed by its mainly establishment proponents as a process that is unfolding from everywhere at once with no center and no discernible power structure. As the New York Times claimed in its July 7, 2001 issue, repeating now fashionable notions, today’s global reality is one of “a fluid, infinitely expanding and highly organized system that encompasses the world’s entire population,” but which lacks any privileged positions or “place of power.”

    Reprints:
    • Also appeared as a chapter in Doug Dowd, Understanding Capitalism (London: Pluto Press, 2002).
    • Spanish edition, Entender el Capitalismo (Barcelona: Bellaterra, 2003). 
    Translations:
    • Chinese translation by Xgui Chen in Foreign Theory Dynamics, 6 (2003).

     

  • Ecology Against Capitalism

    Ecology Against Capitalism

    “Ecology Against Capitalism,” (John Bellamy Foster) Monthly Review, vol. 53, no. 5 (October 2001), pp. 1-16. DOI: 10.14452/MR-053-05-2001-09_1

    In a 1963 talk on “The Pollution of Our Environment” Rachel Carson drew a close comparison between the reluctance of society in the late twentieth century to embrace the full implications of ecological theory and the resistance in the Victorian era to Darwin’s theory of evolution: As I look back through history I find a parallel. I ask you to recall the uproar that followed Charles Darwin’s announcement of his theories of evolution. The concept of man’s origin from pre-existing forms was hotly and emotionally denied, and the denials came not only from the lay public, but from Darwin’s peers in science. Only after many years did the concepts set forth in The Origin of Species become firmly established. Today, it would be hard to find any person of education who would deny the facts of evolution. Yet so many of us deny the obvious corollary: that man is affected by the same environmental influences that control the lives of all the many thousands of other species to which he is related by evolutionary ties (Lost Woods: The Discovered Writing of Rachel Carson, pp. 244-45).

    Translations:
    • Chinese translation in Contemporary Academic Thought Series, Shanghai Translation House, 2006.

     

  • In Defense of History

    In Defense of History

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    “In Defense of History: Marxism and the Postmodern Agenda,” co-edited with Ellen Meiksins Wood (Foster listed second) (New York: Monthly Review Press, 1997), 204 pp. Expanded version of July-August 1995 special issue of Monthly Review. (Contains two essays, including an afterword, authored by Foster.)

    Are we now in an age of “postmodernity”? Even as some on the right have proclaimed the “end of history” or the final triumph of capitalism, we are told by some left intellectuals that the “modern” epoch has ended, that the “Enlightenment project” is dead, that all the old verities and ideologies have lost their relevance, that the old principles of rationality no longer apply, and so on. Yet what is striking about the current diagnosis of postmodernity is that it has so much in common with older pronouncements of death, both radical and reactionary versions. What has ended, apparently, is not so much another, different epoch but the same one all over again.

    In response, the best of today’s new intellectuals on the left are returning to historical materialism, to class analysis. This collection reflects that move, pinning postmodernism in its place and time. It exposes the erroneous bases of “pomo” premises, by identifying the real problems to which the current intellectual fashions offer false or no solutions. In doing so, the contributors challenge the limits imposed on action and resistance by those who see liberating “new times” in the contradictions of contemporary capitalism. What is being celebrated in the postmodern agenda, argues Ellen Meiksins Wood, is the prosperity of the consumerist 1960s reflected in a distorting mirror. The instability and economic polarization of the 1990s demand a solid critique of the conditions of capitalism, not endless reexaminations of their “meanings” this is the standard and goal of In Defense of History.

    Editions:

    • Indian edition, (Delhi: Aakar Books, 2006).
    Translations:
    • Chinese translation by Hao Mingwei. (Beijing: Social Science Academic Press, 2009).
    • Portuguese translation published in Rio de Janeiro in 1999.
    • The afterword to this book by Foster, entitled “In Defense of History,” was translated into Farsi and published in the Iranian journal Negah, September 2000.