capitalism
John Bellamy Foster on climate change: `Demand solutions based on necessity, not wealth and profits'
John Bellamy Foster: We need to go down to 350 parts per million [of carbon dioxide], which means very big social transformations on a scale that would be considered revolutionary by anybody in society today -- transformation of our whole society quite fundamentally. We have to aim at that, and we have to demand that of our society.
Forget about capitalism, forget about whether the system can do it. Don't let that be your barometer. Say this is necessary for the planet, for human survival, for justice, for environmental justice, and we just have to do it.
We demand that be done, and we work out the operating system of the world economy, we work out our social relations of production, in accordance with necessity, in accordance with what is necessary for the planet, not in accordance with what is necessary for the accumulation of wealth and profits for a very few.
Free download: Marxist Economics -- A handbook of basic definitions
Download Marxist Economics – A handbook of basic definitions (Resistance Books, 1998).
US$700 billion dollars is twice the combined debt of the world’s poorest 49 countries.
By Tony Iltis
October 11, 2008 -- “Meltdown” is a word that one hears a lot on the news these days.
Despite the US$700 billion government bailout of banks in the US, similar (albeit smaller) bailouts in Europe, and various forms of state intervention in the finance industry on both sides of the Atlantic, sharemarkets worldwide are in free fall. Comparisons with the Great Depression of the 1930s are common. Homelessness and unemployment are rising and are set to increase dramatically.
Meanwhile, more quietly but even more relentlessly, another meltdown is occurring: that of the polar icecaps. According to the Western world’s establishment politicians and corporate media, the way to avert catastrophic climate change lies in setting up elaborate emissions trading schemes and carbon markets: that is, relying on precisely the mechanisms that have created the economic meltdown!
Ernest Mandel: An Introduction to Marxist Economic Theory (1967)
An Introduction to
Marxist Economic Theory (1967)
By Ernest Mandel
John Bellamy Foster: Can the financial crisis be reversed?
Interview with John Bellamy Foster, editor of Monthly Review, for Página/12 (Argentina).
Videos on the Marxist theory of capitalism
Capitalist versus socialist state intervention in the economy
By Martin Saatdjian
Four crises of the contemporary world capitalist system
By William K. Tabb
Ecosocialism 2025
