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John Bellamy Foster

John Bellamy Foster: The great financial crisis: causes and consequences

A November 3, 2008, public lecture by John Bellamy Foster, editor of Monthly Review and co-author (with Fred Magdoff) of The Great Financial Crisis: Causes and Consequences, which will published by Monthly Review Press in January 2009. See also ``Financial implosion and stagnation: Back to the real economy'' , by John Bellamy Foster and Fred Magdoff.

John Bellamy Foster: Ecology and the transition from capitalism to socialism

Walk Against Warming, Sydney, 2006.
Photo by Alex Bainbridge/Green Left Weekly

By John Bellamy Foster

[This article, which first appeared in the November 2008 issue of Monthly Review, is a revised version of a keynote address delivered at the “Climate Change, Social Change” conference, Sydney, Australia, April 12, 2008, organised by Green Left Weekly. It is posted at Links International Journal of Socialist Renewal with the author's permission. Watch and listen to Bellamy Foster's presentation HERE. For more articles on Marxism and the ecology, click HERE.]

John Bellamy Foster: `Capitalism has reached its limits'

Postscript to "The Financialization of Capital and the Crisis"

By John Bellamy Foster

October 26, 2008 -- Six months ago the United States was already deep in a financial crisis -- the roots of which were explained in `The Financialization of Capital and the Crisis' (Monthly Review, April 2008). Yet, the conditions now are several orders of magnitude worse and are affecting the entire world.

We are clearly in the midst of one of the great crises in the history of capitalism. More than a mere financial panic, what is taking place is a major devaluation of capital of still undetermined dimensions. Marx explained that capital was invariably over-extended in a boom and that in the crisis that followed a part of that capital was devalued, enabling the rest to return to profitability and to the process of accumulation and expansion.

John Bellamy Foster: Monopoly finance capital and the crisis

Interview with John Bellamy Foster for the Norwegian daily Klassekampen (posted from MRzine with permission), conducted on October 15, 2008.

Klassekampen: Is the credit crisis a symptom of overaccumulation of capital? It seems to me that investments worldwide, but especially in the United States, were funneled into the traditionally "safe" housing market following the bursting of the dotcom bubble. This overinvestment in turn generated a new bubble, thus causing today's havoc. Is this correct?

John Bellamy Foster: Can the financial crisis be reversed?

Interview with John Bellamy Foster, editor of Monthly Review, for Página/12 (Argentina). This interview was first posted at MRzine on October 10, 2008, and has been posted at Links International Journal of Socialist Renewal with permission.

Página/12: What is your opinion about the decision of the US Treasury Department to consider taking ownership stakes in many United States banks? Do you think this is the right political-economic strategy? I mean, will it lead to the recovery of the system?

Ecology: The moment of truth—an introduction

By John Bellamy Foster, Brett Clark and Richard York

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The July-August 2008 (Volume 60, Number 3) edition of the influential US socialist journal Monthly Review is a special issue on ``Ecology: The Moment of Truth”, edited by Brett Clark, John Bellamy Foster and Richard York. The issue is devoted to the planetary environmental emergency. It is essential reading for all socialists and environmentalists. With permission from Monthly Review, Links International Journal of Socialist Renewal here posts the introduction by the editors, and urges Links' readers to purchase the issue and/or subscribe to Monthly Review.

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John Bellamy Foster on the global financial crisis

‘Nobody knows where the toxic debt is buried and how much there is’

John Bellamy Foster is editor of the Monthly Review, a prominent political journal established by the Marxist economist Paul Sweezy in the 1940s.

Foster is a professor of sociology at the University of Oregon in Eugene, USA. He has written widely on political economy and has established a reputation as an environmental socialist.

He has proven that Karl Marx was a radical ecologist in his book, Marx’s Ecology: Materialism and Nature.

Foster is interviewed by Peter Boyle for Links - International Journal of Socialist Renewal and Green Left Weekly. It was conducted during the Climate Change Social Change conference in Sydney, April 11-13, 2008.

The written version of the interview is available at Green Left Weekly.

Marxism and the environment -- John Bellamy Foster

Marxism and the environment was a workshop given by John Bellamy Foster to the Climate Change Social Change Conference, in Sydney on April 12, 2008. Foster is editor of Monthly Review (USA) and author of Marx's Ecology. The conference was organised by Green Left Weekly. For more audio and video of John Bellamy Foster on related topics, go to http://links.org.au/node/343


Video: John Bellamy Foster on Capitalism and Climate Change

John Bellamy Foster, Marxist ecologist and editor of Monthly Review, addressed the Climate Change I Social Change Conference on ``Capitalism and Climate Change'', Sydney, April 11, 2008. Foster's talk was part of a panel discussing ``Climate change and its social roots''. The conference was organised by Green Left Weekly. Below is Foster's talk in five parts. Click here for an audio recording of all the speakers on the panel, which included Patrick Bond from the University of KwaZulu-Natal and editor of Climate Change, Carbon Trading and Civil Society. John Bellamy Foster discusses Marxism and the environment further here.

 

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