What every environmentalist needs to know about capitalism

Monthly Review

Volumn 61, Issue 10, 2010, Pages 1-30

  Magdoff, Fred ^a,b  

^a UNIVERSITY OF VERMONT   (United States)

^b Cornell University ^*  (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 77950969902     PISSN: 00270520     EISSN: None     Source Type: Journal    
DOI: 10.14452/MR-061-10-2010-03_1     Document Type: Review

References (89)

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11. Union of Concerned Scientists, 'Contrarians Attack IPCC Over Glacial Findings, But Glaciers are Still Melting,' January 19, 2010, ucsusa.org.
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14. James Hansen, "Strategies to Address Global Warming" (July 13,2009), http// columbia.edu; Hansen, Storms of My Grandchildren, 145-147
15. "Arctic Seas Turn to Acid, Putting Vital Food Chain at Risk," Guardian, October 4, 2009;
16. The Earth Institute, Columbia University, "Ocean's Uptake of Manmade Carbon May be Slowing," November 18, 2009, http://earth.columbia.edu;
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20. United Nations Food and Agricultural Organization, http://fao.org.
21. Bobbi Chase Wilding, Kathy Curtis, Kirsten Welker-Hood. 2009. Hazardous Chemicals in Health Care: A Snapshot of Chemicals in Doctors and Nurses, Physicians for Social Responsibility, http://psr.org.
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25. James Hansen, Storms of My Grandchildren, ix.
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27. Donella H. Meadows, Dennis L Meadows, Jorgen Randers, and William W. Behrens. The Limits to Growth: A Report for the Club of Rome's Project on the Predicament of Mankind (New York: Universe Books, 1972);
28. Donella H. Meadows, Jorgen Randers, and Dennis L Meadows, The Limits to Growth: The 30-Year Update (White River Junction, VT: Chelsea Green Publishing Company, 2004).
29. Erik Assadourian, "The Rise and Fall of Consumer Cultures," in WorldWatch Institute, State of the World, 2010 (New York: W. W. Norton, 2010), 6.
30. Epicurus, "The Vatican Collection," The Epicurus Reader (Indianapolis: Haskett, 1994), 39.
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32. Curtis White, 'Barbaric Heart: Capitalism and the Crisis of Nature,' Orion (May-June 2009), http:// orionmagazine.org/index.php/articles/ article/4680.
33. For treatments of the role of speculation and debt in the U.S. economy, see John Bellamy Foster and Fred Magdoff, 'The Great Financial Crisis (New York: Monthly Review Press, 2009) and Fred Magdoff and Michael Yates, The ABCs of the Economic Crisis (New York: Monthly Review Press, 2009).
34. "Fears for the World's Poor Countries as the Rich Grab Land to Grow Food," Guardian, July 3, 2009;
35. The Food Rush: Rising Demand in China and West Sparks African Land Grab," Guardian, July 3, 2009.
36. For a brief discussion of European expansion, see Harry Magdoff and Fred Magdoff, "Approaching Socialism," Monthly Review 57, no.3 (JulyAugust 2005), 19-61.
37. On the relation of oil and gas to the wars in Iraq and Afghanistan, see Michael T. Klare, Rising Powers, Shrinking Planet (New York: Metropolitan Books, 2008).
38. British Petroleum, BP Statistical Review of World Energy, June 2009, http://bp.com;
39. John Bellamy Foster, The Ecological Revolution (New York: Monthly Review Press, 2009), 85-105.
40. David A. Vaccari, "Phosphorus Famine: A Looming Crisis," Scientific American, June 2009:54-59.
41. John Terborgh, The World is in Overshoot" New York Review of Books 56, no. 19 (December 3, 2009), 45-57.
42. Joseph A. Schumpeter, Business Cycles (New York: McGraw Hill, 1939), vol.1, 73.
43. Adam Smith, The Wealth of Nations, (New York: Modern Library, 1937), 14.
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45. 'Profit 'Is Not Satanic Barclays Says, after Goldman Invokes Jesus,' Bloomberg.com, November 4, 2009.
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47. J. Kiley Hamlin, Karen Wynn, and Paul Bloom, 'Social Evaluation by Preverbal Infants,' Nature 50, no.2 (November 22, 2007), 557-59;
48. Nicholas Wade.''We May be Born with an Urge to Help," New York Times, December 1, 2009. Some recent research in this regard is usefully summarized in Jeremy Rifkin, The Empathic Civilization (New York: Penguin, 2009), 128-34.
49. Karl Polanyi, The Great Transformation (Boston: Beacon, 1944), 46.
50. John Dewey, Selections from the Encyclopedia of the Social Sciences New York: Macmillan, 197), 536.
51. See C. B. Macpherson, The Political Theory of Possessive Individualism (Oxford: Oxford University Press, 1962).
52. For a fuller discussion of these issues see Magdoff and Magdoff, "Approaching Socialism," 19-23.
53. For a discussion of the power of finance in the U.S. political system, see Simon Johnson, The Quiet Coup," Atlantic Monthly, May 2009.
54. Julia Werdigier, "British Bankers Defend Their Pay and Bonuses," New York Times, November 7, 2009.
55. For a contemporary view of the reserve army, see Fred Magdoff and Harry Magdoff, "Disposable Workers," Monthly Review 55, no.11 (April 2005), 18-35.
56. Matthew Miller and Duncan Greenberg, ed., The Richest People In America" (2009), forbes, http://forbes.com;
57. Arthur B. Kennickell, 'Ponds and Streams: Wealth and Income in the U.S., 1989 to 2007," Federal Reserve Board Working Paper 2009-13, 2009, 55, 63; "Worid GDP," http://economywatch.com, accessed January 16, 2010; 'World's Billionaires," Forbes.com, March 8, 2007;
58. Capgemini and Merrill Lynch Wealth Management, World Wealth Report, 2009, http://us.capgemini.com, introduction.
59. "How Many Recessions Have Occurred in the U.S. Economy?" Federal Reserve Board of San Francisco, January 2008, http://frbsf.org;
60. National Bureau of Economic Research, Business Cycle Expansions and "Contractions, January 17, 2010," http://nber.org.
61. Benjamin Barber, "A Revolution in Spirit," The Nation, February 9, 2009, http://thenation.com/doc/20090209/ barber.
62. Paul Hawken, Amory Lovins, and L Hunter Lovins, Natural Capitalism (Boston: Little, Brown and Co., 1999).
63. For a detailed critique of the ideology of "natural capitalism," see F.E. Trainer, 'Natural Capitalism Cannot Overcome Resource Limits," http://mnforsustain.org.
64. 'Gucci Joins Other Fashion Players in Committing to Protect Rainforests," Financial Times, November 5, 2009.
65. Daniel McGinn, The Greenest Big Companies in America," Newsweek, September 21, 2009. http://newsweek. com.
66. Fred Magdoff, The Political Economy and Ecology of Biofuels," Monthly Review 60, no. 3 (July-August 2008), 34-50.
67. James Lovelock, The Revenge of Gaia (New York: Perseus, 2006), 87-105,
68. Hansen, Storms of My Grandchildren, 198-204.
69. On the continuing dangers of nuclear power, even in its latest incarnations, see Robert D. Furber, James C. Warf, and Sheldon C. Plotkin, The Future of Nuclear Power," Monthly Review 59, no. 9 (February 2008), 38-48.
70. Friends of the Earth, 'Subprime Carbon?" (March 2009), http://foe. org/suprime carbon, and A Dangerous Obsession (November 2009), http://foe. co.uk;
71. James Hansen, 'Worshipping the Temple of Doom' (May 5,2009), http:// columbia.edu;
72. Larry Lohman, "Climate Crisis: Social Science Crisis," forthcoming in M.Voss, ed., Kimawandel(Wiesbaden: VS-Verlag), http://tni.Org//archives/ archives/Tohmann/sciencecrisis.pdf.
73. See Hansen, Storms of My Grandchildren, 172-77, 193-94, 208-222
74. See Aubrey Meyer, Contraction and Convergence (Devon: Schumacher Society, 2000;
75. Tom Athansiou and Paul Baer, DeadHeat(New York: Seven Stories Press, 2002.
76. Karl Marx and Frederick Engels, Collected Works (New York: International Publishers, 1975), vol.6, 327;
77. Karl Marx, Capital, vol.3 (London: Penguin, 1981), 447-448
78. "Chavez Stresses the Importance of Getting Rid of the Oil Rentier Model in Venezuela," MRzine, http://mrzine.org (January 11, 2010).
79. James Gustave Speth, The Bridge at the Edge of the World (New Haven: Yale University Press, 2008), 195.
80. On planning, see Magdoff and Magdoff, 'Approaching Socialism,' 36-61.
81. See Helen and Scott Nearing, Living the Good Life (New York: Schocken, 1970). Scott Nearing was for many years the author of the "World Events" column m Monthly Review.
82. See lain Bruce, The Real Venezuela (London: Pluto Press, 2008), 139-175
83. On the metabolic rift, see Foster, The Ecological Revolution, 161-200.
84. C. James Kruse, et al., 'A Modal Comparison of Domestic Freight Transportation Effects on the General Public Center for Ports and Waterways," Texas Transportation Institute, 2007; http://americanwaterways. com; Mechanical Database website, Rail vs. Truck Industry, accessed; http://mechdb. com January 17, 2010.
85. William McDonough and Michael Braungart, Cradle to Cradle (New York: North Point Press. 2002).
86. See Miguel A. Altieri, "Agroecology, Small Farms, and Food Sovereignty," Monthly Review 61, no.3 (July-August 2009), 102-113
87. Mike Davis, Planet of the Slums (London; Verso, 2007).
88. Interview of Evo Morales by Amy Goodman, Democracy Now, December 17, 2009, http://democracynow.org/2009/12/17/bolivian-president-evo-morales-on- climate.
89. See Paul M. Sweezy, PostRevolutionary Society (New York: Monthly Review Press, 1980).