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The Theory of Monopoly Capitalism
In 1966, Paul Baran and Paul Sweezy published Monopoly Capital, a monumental work of economic theory and social criticism that sought to reveal the basic nature of the capitalism of their time. Their theory, and its continuing elaboration by Sweezy, Harry Magdoff, and others in Monthly Review magazine, infl uenced generations of radical and heterodox economists. They recognized that Marx’s work was unfi nished and itself historically conditioned, and that any attempt to understand capitalism as an evolving phenomenon needed to take changing conditions into account. Having observed the rise of giant monopolistic (or oligopolistic) fi rms in the twentieth century, they put monopoly capital a...
The Ecological Revolution
The roots of the present ecological crisis, Foster argues, lie in capital's rapacious expansion, which has now achieved unprecedented heights of irrationality across the globe. Foster demonstrates that the only possible answer for humanity is an ecological revolution: a struggle to make peace with the planet. Foster details the beginnings of such a revolution in human relations with the environment which can now be found throughout the globe, especially in the periphery of the world system, where the most ambitious experiments are taking place. From publisher description.
Marx’s Ecology
Progress requires the conquest of nature. Or does it? This startling 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 capitalist agriculture and soil ecology, philosophical naturalism, and evolutionary theory. He shows that Marx, known as a powerful critic of capitalist society, was also deeply concerned with the changing human relationship to nature. Marx's Ecology covers many other thinkers, including Epicurus, Charles Darwin, Thomas Malthus, Ludwig Feuerbach, P. J. Proudhon, and William Paley. By reconstructing a materialist conception of nature and society, Marx's Ecology challenges the spiritualism prevalent in the modern Green movement, pointing toward a method that offers more lasting and sustainable solutions to the ecological crisis.
Ecology Against Capitalism
In recent years John Bellamy Foster has emerged as a leading theorist of the Marxist perspective on ecology. His seminal book Marx's Ecology (Monthly Review Press, 2000) discusses the place of ecological issues within the intellectual history of Marxism and on the philosophical foundations of a Marxist ecology, and has become a major point of reference in ecological debates. This historical and philosophical focus is now supplemented by more directly political engagement in his new book, Ecology against Capitalism. In a broad-ranging treatment of contemporary ecological politics, Foster deals with such issues as pollution, sustainable development, technological responses to environmental cri...
Naked Imperialism
During The Cold War Years, Mainstream Commentators Were Quick To Dismiss The Idea That The United States Was An Imperialist Power. Even When U.S. Interventions Led To The Overthrow Of Popular Governments, As In Iran, Guatemala, Or The Congo, Or Wholesale War, As In Vietnam, This Fiction Remained Intact. During The 1990S And Especially Since September 11, 2001, However, It Has Crumbled. Washington Proclaimed The War On Terror And Invaded Afghanistan And Later Iraq Making Its Imperial Ambitions Clear. Today, The Need For A U. S. Empire Is Widely Defended By Mainstream Analysts And Commentators.John Bellamy Foster S Naked Imperialism Examines This Important Transformation In U.S. Global Policy And Ideology, Showing The Political And Economic Roots Of The New Militarism And Its Consequences Both In The Global And Local Context. Foster Shows How U.S.-Led Global Capitalism Is Preparing The Way For A New Age Of Barbarism And Demonstrates The Necessity For Resistance And Solidarity On A Global Scale.
Faltering Economy
The essays in this volume, by veteran economists as well as younger scholars, are part of a radical attempt to grapple with the problems of advanced capitalist development without discarding the real theoretical breakthroughs made by Keynes. The contributors argue that Keynes was correct in pointing to the economic contradictions stemming from unemployment, income inequality, and speculative finance, but failed to consider the class composition of social output, the macroeconomic effects of the modern firm, and the atrophy of investment under conditions of capitalist maturity. They thus seek to uncover the sources of stagnation under monopoly capitalism by building on the work of three of the great economists of modern times: Marx, Keynes, and Kalecki.
Marx and the Earth
A decade and a half ago John Bellamy Foster and Paul Burkett introduced a new, revolutionary understanding of the ecological foundations of Marx’s thought, demonstrating that Marx’s concepts of the universal metabolism of nature, social metabolism, and metabolic rift prefigured much of modern systems ecology. Ecological relations were shown to be central to Marx’s critique of capitalism, including his value analysis. Now in Marx and the Earth Foster and Burkett expand on this analysis in the process of responding to recent ecosocialist criticisms of Marx. The result is a full-fledged anti-critique—pointing to the crucial roles that dialectics, open-system thermodynamics, intrinsic value, and aesthetic understandings played in the original Marxian critique, holding out the possibility of a new red-green synthesis.
The Vulnerable Planet
From reviews of the first edition (1994): "Extraordinarily well written . . . " --Contemporary Sociology "A readable chronicle aimed at a general audience . . . Graceful and accessible . . . " --Dollars and Sense "Has the potential to be a political bombshell in radical circles around the world." --Environmental Action The Vulnerable Planet has won respect as the best single-volume introduction to the global economic crisis. With impressive historical and economic detail, ranging from the Industrial Revolution to modern imperialism, The Vulnerable Planet explores the reasons why a global economic system geared toward private profit has spelled vulnerability for the earth's fragile natural environment. Rejecting both individualistic solutions and policies that tinker at the margins, John Bellamy Foster calls for a fundamental reorganization of production on a social basis so as to make possible a sustainable and ecological economy. This revised edition includes a new afterword by the author.
What Every Environmentalist Needs to Know about Capitalism
Praise for Foster and Magdoff's The Great Financial Crisis In this timely and thorough analysis of the current financial crisis, Foster and Magdoff explore its roots and the radical changes that might be undertaken in response. . . . This book makes a valuable contribution to the ongoing examination of our current debt crisis, one that deserves our full attention.--Publishers Weekly There is a growing consensus that the planet is heading toward environmental catastrophe: climate change, ocean acidification, ozone depletion, global freshwater use, loss of biodiversity, and chemical pollution all threaten our future unless we act. What is less clear is how humanity should respond. The contempo...
The Return of Nature
A fascinating reinterpretation of the radical and socialist origins of ecology Twenty years ago, John Bellamy Foster’s Marx’s Ecology: Materialism and Nature introduced a new understanding of Karl Marx’s revolutionary ecological materialism. More than simply a study of Marx, it commenced an intellectual and social history, encompassing thinkers from Epicurus to Darwin, who developed materialist and ecological ideas. Now, with The Return of Nature: Socialism and Ecology, Foster continues this narrative. In so doing, he uncovers a long history of efforts to unite issues of social justice and environmental sustainability that will help us comprehend and counter today’s unprecedented pla...
