Subjects Archives: Ecology

It could loose strength but it is already raining in most of the country. It’s raining on farming areas absolutely drenched by the recent rainfalls. The water reservoirs filled up to almost full capacity due to hurricanes Gustav and Ike will be releasing water on cultivated fields and valleys. This already happened at the end of August and early September. This hurricane has been given the misleading name of Paloma.

  Krista Harper.   Wild Capitalism: Environmental Activists and Post-Socialist Ecology in Hungary.   Boulder: Eastern European Monographs, 2006.  160 pp. $30.00 (cloth), ISBN 978-0-88033-592-8. Wild Capitalism offers a set of ethnographic essays on environmental activism in Hungary from the 1980s through the 1990s, in which Krista Harper “interrogates how the meanings of ‘environment,’ ‘citizenship,’ […]

John Bellamy Foster: We need to go down to 350 parts per million [the safe upper limit for carbon dioxide in the atmosphere], 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 […]

  James Millward.   Eurasian Crossroads: A History of Xinjiang.   New York Columbia University Press, 2007.  352 pp.  $41.50 (cloth), ISBN 978-0-231-13924-3. There are precious few well-written and well-researched books on Central Asia/Eurasia on any topic or period, especially for a non-specialist readership.  This magnificent survey history of an important heartland in the region […]

Today’s food and financial crises have, in tandem, triggered a new global land grab.  On the one hand, “food insecure” governments that rely on imports to feed their people are snatching up vast areas of farmland abroad for their own offshore food production.  On the other hand, food corporations and private investors, hungry for profits […]

The boardrooms and finance ministries of Seoul, Bangkok, Jakarta, and Kuala Lumpur are today filled with a fair degree of schadenfreude at America’s troubles.  Schadenfreude is not a very nice emotion; Theodor Adorno once defined it as “unanticipated delight in the sufferings of another.”  But asking Asia’s business and governing elites to repress shivers of […]

  We have nothing against voting.  We plan to vote in the upcoming election.  Some of our best friends are voters. But we also believe that we shouldn’t make the mistake of thinking that the most important political moment in our lives comes in the voting booth.  Instead, people should take politics seriously, which means […]

The depression has started.  Journalists are still coyly enquiring of economists whether or not we may be entering a mere recession.  Don’t believe it for a minute.  We are already at the beginning of a full-blown worldwide depression with extensive unemployment almost everywhere.  It may take the form of a classic nominal deflation, with all […]

  Klassekampen: Is the credit crisis a symptom of overaccumulation of capital?  It seems to me that investments worldwide, but especially in the United States, were funneled into the traditionally “safe” housing market following the bursting of the dotcom-bubble.  This overinvestment in turn generated a new bubble, thus causing today’s havoc.  Is this correct? JBF: […]

The questions regarding variations in social development, economic progress, and political empowerment have produced a voluminous literature over the past century, and because of the complexity of these issues, much important reflection will continue well into the future.  In the early 1980s, a United Nations’ Commission coined the term “sustainable development” as a public statement […]

Three days ago, on Friday October 10, the world was shocked by the impact of the Wall Street financial crisis. There is no way to count the millions of dollars in paper money injected by the Federal Reserve into the world’s finances to keep up banking operations and to prevent depositors from losing their money.

When: World Food Day, Thursday, October 16th, 2008 at 7 PM Where: Great Hall of Cooper Union, 7 E. 7th Street (at 3rd Ave.), New York City Cost: Free (suggested donation at the door) RSVP (encouraged): [email protected].  Seating is first come, first served. As U.S. food pantries face long lines and empty shelves while food […]

In the amazing series of elections in South America in the last five years, the most radical results were in Bolivia, with the election of Evo Morales as President.  It is not because Morales stood on the most radical platform.  It was rather that, in this country in which the majority of the population are […]

Flying into New York Tuesday, I had the same feeling I had when I arrived in Beirut two years ago, at the height of the Israeli bombing of that city — that of entering a war zone. The immigration agent, upon learning I taught political economy, commented, “Well, I guess you folks will now be […]

Now that all five big investment banks — Bear Stearns, Merrill Lynch, Lehman Brothers, Goldman Sachs and Morgan Stanley — have disappeared or morphed into regular banks, a question arises. Is this bailout still necessary? The point of the bailout is to buy assets that are illiquid but not worthless.  But regular banks hold assets […]

The political conflict over the Bush administration’s plan for a bailout of the banks, brought about both by differences with the Democrats and even more intensely with rightwing Republicans, makes it highly unlikely that Congress will be able to pass a bailout plan that can stabilize the financial situation along the lines that Secretary of […]

The past week has been a wild roller-coaster ride in and out of Southern African ruling-party politics, down the troughs of world capitalism, and up the peaks of radical social activism.  Glancing around the region and world from those peaks, we can see quite a way further than usual. Looking first to South Africa, Saturday’s […]

It would be a mistake to underestimate the importance of the agreement on September 8 between Nicolas Sarkozy of France in his capacity as current president of the European Union (EU) and Dmitri Medvedev, President of Russia.  It marks the definitive end of Act I of the new world geopolitical order. What was decided?  The […]

  Analytical Monthly Review, published in Kharagpur, West Bengal, India, is a sister edition of Monthly Review.  Its September 2008 issue features the following editorial. — Ed. We know that the immediate future holds the certainty of severe climate change, and an ever increasing strain on not only the much publicised issue of reserves of […]

While taking a significant toll on public revenues,1 repayment of the public debt has, since 2004, ceased to be a major concern for most middle-revenue countries and for raw material-exporting countries in general.  In fact the majority of governments of these countries are having no trouble finding loans at historically low interest rates.  However, the […]