In a recent essay, “Economics Needs a Scientific Revolution,” in one of the leading scientific journals, Nature, physicist Jean-Philippe Bouchaud, a researcher for an investment management company, asked rhetorically, “What is the flagship achievement of economics?” Bouchaud’s answer: “Only its recurrent inability to predict and avert crises.” Although his discussion is focused on the current […]
Tag Archives | Russian
The New Age of Imperialism
By John Bellamy Foster on July 1, 2003 in Articles, Other Major Scholarly Journal Articles, Translated
Imperialism is meant to serve the needs of a ruling class much more than a nation. It has nothing to do with democracy. Perhaps for that reason it has often been characterized as a parasitic phenomenon-even by critics as astute as John Hobson in his 1902 classic, Imperialism: A Study. And (rom there it is […]
Imperial America and War
By John Bellamy Foster on May 1, 2003 in Articles, Other Major Scholarly Journal Articles, Translated
On November 11, 2000, Richard Haass—a member of the National Security Council and special assistant to the president under the elder Bush, soon to be appointed director of policy planning in the State Department of newly elected President George W. Bush—delivered a paper in Atlanta entitled “Imperial America.” For the United States to succeed at […]
Imperialism and ‘Empire’
Only a little more than a month ago at this writing, before September 11, the mass revolt against capitalist globalization that began in Seattle in November 1999 and that was still gathering force as recently as Genoa in July 2001 was exposing the contradictions of the system in a way not seen for many years. […]
Marx’s Ecology
Progress requires the conquest of nature. Or does it? This new account overturns conventional interpretations of Marx and in the process outlines a more rational approach to the current environmental crisis. Marx, it is often assumed, cared only about industrial growth and the development of economic forces. John Bellamy Foster examines Marx’s neglected writings on […]
