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.
See also John Bellamy Foster's Monthly Review article: ``The Financialization of Capital and the Crisis''.
Aired on Leftcast, April 29, 2008
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