Book 11

This book undertakes the first general assessment of ecological economics from a Marxist point of view, and shows how Marxist political economy can make a substantial contribution to ecological economics. The analysis is developed in terms of four basic issues: (1) nature and economic value; (2) the treatment of nature as capital; (3) the significance of the entropy law for economic systems; (4) the concept of sustainable development. In each case, it is shown that Marxism can help ecological economics fulfill its commitments to multi-disciplinarity, methodological pluralism, and historical openness. In this way, a foundation is constructed for a substantive dialogue between Marxists and ecological economists.

Book 115

Marx and the Earth

by John Bellamy Foster and Paul Burkett

Published 12 January 2016
A decade and a half ago John Bellamy Foster and Paul Burkett introduced a new, revolutionary understanding of the ecological foundations of Marx's thought, demonstrating that Marx's concepts of the universal metabolism of nature, social metabolism, and metabolic rift prefigured much of modern systems ecology. Ecological relations were shown to be central to Marx's critique of capitalism, including his value analysis. Now in Marx and the Earth Foster and Burkett expand on this analysis in the process of responding to recent ecosocialist criticisms of Marx. The result is a full-fledged anti-critique-pointing to the crucial roles that dialectics, open-system thermodynamics, intrinsic value, and aesthetic understandings played in the original Marxian critique, holding out the possibility of a new red-green synthesis.