Archive | Capitalism

‘Capitalism cannot respond to climate change’

Noted Marxist economist and ecologist John Bellamy Foster is a feature guest speaker at the World at a Crossroads: Climate Change Social Change conference, which will take place in Melbourne Australia, September 30 to October 3. He was interviewed by Peter Boyle for Green Left Weekly. ================ What will be some of the effects of the ongoing global financial crisis and […]

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Capitalism's ecological footprint condemns the South to poverty … or genocide

The concept of “ecological footprint” can increase our understanding of the global environmental crisis  … but only if environmentalists break away from vulgar economics and the political culture of consensus Samir Amin is director of the Third World Forum in Dakar, Senegal. His numerous works include Eurocentrism: Second Edition, The World We Wish to See, The Liberal Virus,  Spectres of […]

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Capitalism and ecological balance are mutually exclusive

Chris Williams is a long-time environmental activist and author of Ecology and Socialism: Solutions to Capitalist Ecological Crisis. He is a chemistry and physics professor at Pace University, and chairperson of the Packer Collegiate Institute science department. This interview, conducted by Jon Hochschartner,  was published in Counterpunch on July 14, 2011. JON HOCHSCHARTNER: Children in Fukushima […]

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Global debt? Send the bill to the rich!

If the world’s ultra-rich wanted to, they could totally pay off the Greek and U.S. debts, and they would still be rich. Instead, they want us to pay. Too Much, the excellent (and free) weekly newsletter published by the Institute for Policy Studies, looks at the 2011 World Wealth Report published by Capgemini SA and Merrill Lynch. […]

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Green capitalism: the god that failed

Maximizing profit and saving the planet are inherently in conflict. No amount of tinkering with the market can brake the drive to global ecological collapse ===== by Richard Smith Institute for Policy Research & Development, London Summary In rejecting the antigrowth approach of the first wave of environmentalists in the 1970s, pro-growth “green capitalism” theorists of […]

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Rich countries don't cut emissions, they export them

More proof of Kyoto’s failure: emissions transferred to the third world outweigh claimed cuts by more than 300% ++++++++++++ by Duncan Clark Guardian, April 25, 2011 Cuts in carbon emissions by developed countries since 1990 have been cancelled out three times over by increases in imported goods from developing countries such as China, according to […]

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Compassionate Capitalism

We’re so lucky to be ruled by philanthropists … Reposted with permission from Michael Perelman, who wrote it for his excellent blog Unsettling Economics. We would only add recognition for the compassionate capitalists who have heroically restrained their natural desire to cut greenhouse gases and reduce pollution, in order to protect the jobs of others […]

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Capitalism and Degrowth—An Impossibility Theorem

John Bellamy Foster on the movement to halt capitalist growth, without halting capitalism… According to the Web site of the European degrowth project, “degrowth carries the idea of a voluntary reduction of the size of the economic system which implies a reduction of the GDP.” “Voluntary” here points to the emphasis on voluntaristic solutions—though not […]

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Beyond growth or beyond capitalism?

An ecosocialist critique of proposals for steady-state capitalism begins a debate on key issues facing the left greens today   There’s widespread agreement among left-leaning greens that this society’s drive for economic growth is a key driving force of the global environmental crisis. Many, most notably environmental economist Herman Daly, have made proposals for a […]

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UN Convention meets to decide how to enhance corporate profits by marketing biodiversity

Profit-making and protection of biodiversity are directly opposed and can never be reconciled ++++++++ by Anne Petermann Executive Director, Global Justice Ecology Project and North American Focal Point of Global Forest Coalition Climate Connections October 17, 2010 Governments from all over the world are gathering in Nagoya, Japan for the next two weeks to discuss […]

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Electric Evasion: The Great Green Car Con

Greenwashing 101:  Why electric cars can make things worse +++++++++ by Michael Dawson Counterpunch For any product that gets produced, green-ness involves four questions: Material Intake: How much and what types of material does making the product extract from the environment? Material Output: How does the product end up putting materials back into the environment, […]

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Hungary's red mud: natural or man-made disaster?

For years, environmentalists in Hungary and elsewhere have warned of the dangers of this by-product of aluminum production and especially the way it is stored ++++++++  (In Defense of Marxism, October 12, 2010)  Overnight the world has woken up to intimate knowledge of the process of extracting aluminium from bauxite and its by-product the red mud, […]

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Did anyone actually read BP’s oil spill response plan?

More proof that oil companies can’t be trusted to protect the environment — and that capitalist governments can’t be trusted to make them behave. May 25 news release from Public Employees for Environmental Responsibility Washington, DC — BP’s official response plan for oil spills in the Gulf of Mexico is studded with patently inaccurate and inapplicable […]

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