VIDEO
What defines global capitalism today? Are we moving into a new age of techno-feudalism, or is monopoly capitalism still the dominant force? In this in-depth interview, John Bellamy Foster, editor of Monthly Review and leading Marxist thinker, joins India & Global Left to unpack the core structure of global capitalism, imperialism, and the new global economic order. Foster challenges the popular idea of “techno-feudalism,” arguing that capitalism—not technology—still drives exploitation and inequality. He explains why this narrative often reflects social democratic illusions about technology, welfare states, and the role of the Global South.
About John Bellamy Foster
John Bellamy Foster , professor of sociology at the University of Oregon, is editor of
Monthly Review , an independent socialist magazine published monthly in New York City. His research is devoted to critical inquiries into theory and history, focusing primarily on the economic, political and ecological contradictions of capitalism, but also encompassing the wider realm of social theory as a whole. He has published
numerous articles and books focusing on the political economy of capitalism and the economic crisis, ecology and the ecological crisis, and Marxist theory: (with Brett Clark)
The Robbery of Nature: Capitalism and the Ecological Rift ;
The Return of Nature: Socialism and Ecology ; (with Paul Burkett)
Marx and the Earth: An Anti-Critique (2016);
The Theory of Monopoly Capitalism: An Elaboration of Marxian Political Economy (New Edition, 2014); (with Robert W. McChesney)
The Endless Crisis: How Monopoly-Finance Capital Produces Stagnation and Upheaval from the USA to China (2012); (with Fred Magdoff)
What Every Environmentalist Needs to Know About Capitalism: A Citizen's Guide to Capitalism and the Environment (2011); (with Brett Clark and Richard York)
The Ecological Rift: Capitalism’s War on the Earth (2009); (with Fred Magdoff)
The Great Financial Crisis: Causes and Consequences (2009);
The Ecological Revolution: Making Peace with the Planet (2009); (with Brett Clark and Richard York)
Critique of Intelligent Design: Materialism versus Creationism from Antiquity to the Present (2008);
Ecology Against Capitalism (2002);
Marx's Ecology: Materialism and Nature (2000); (with Frederick H. Buttel and Fred Magdoff)
Hungry for Profit: The Agribusiness Threat to Farmers, Food, and the Environment (2000);
The Vulnerable Planet: A Short Economic History of the Environment (1999); (with Ellen Meiksins Wood and Robert W. McChesney)
Capitalism and the Information Age: The Political Economy of the Global Communication Revolution (1998); (with Ellen Meiksins Wood)
In Defense of History: Marxism and the Postmodern Agenda (1997);
The Theory of Monopoly Capitalism: An Elaboration of Marxian Political Economy (1986); (with Henryk Szlajfer)
The Faltering Economy: The Problem of Accumulation Under Monopoly Capitalism (1984). His work is published in at least twenty-five languages. Visit
johnbellamyfoster.org for a collection of most of Foster's works currently available online.
