Jason Walsh has a review of a new book called Green Capitalism: Manufacturing Scarcity in an Age of Abundance at forth magazine. According to the review, the book says that business today tries to increase its profits not through greater production, but by creating artificial scarcity that enables prices to rise.
Of particular interest to Strange Times partisans is this quote from the review:
Heartfield’s argument will not be welcome either on the left or in green circles, which is a great pity. Today’s left has, for the most part, enthusiastically embraced the green agenda, seeing it as a useful vehicle for framing a critique of capitalist social relations. Unfortunately, much of the green critique of capitalism is misplaced, focussing on individuals’ consumption and favouring retrograde measures in production that cause real world rises is commodity prices, from inefficient organic farming at one end of the scale to carbon trading, which not only encourages lower productivity but also functions as a barrier to new entrants to industry, at the other.
The left’s opportunistic attachment to the green ideal is a world away from the productivist visions of the likes of Marx. In fact, it amounts to a renunciation of the left’s key goal. The left’s goal has traditionally been not the amelioration of poverty through management but the liberation of all humanity through massively increased efficiency. This vital point is now completely obscured and ill understood by the vast majority of people who call themselves left wing today. Confusing social liberalism and today’s social democracy with socialism is now so commonplace that the word socialism itself is all but meaningless.
Green Capitalism can be purchased through forth’s Amazon store if you click here. Comments are of course welcome here, but I’d also suggest visiting the original review and commenting there too.
It’s an interesting thesis, hostile to the same stuff we are hostile to.
But the analysis is simply wrong: