The Capitalist Solution to 'Save' the Planet: Make it an Asset Class & Sell it

John Bellamy Foster explains the capitalist ‘solution’ master-minded by global finance to resolve the imminent environmental crisis: create a multi-quadrillion dollars worth of assets on the back of everything nature does and expropriate it from the global commons to make a profit. Worse still: it is already happening.

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[ShastaKath]

John Bellamy Foster's work makes an array of points--all of which he and his compatriot academics have stood by and allowed to become utterly marginalized because they've lacked the courage to stand up to their fund sources over the past four decades. He speaks of his academic journal being taken over by the capitalist apologists, while he and his fellows stood by, meekly collecting their paychecks and holding out for tenure at their various institutions. Thus the theories he develops aren't taught in high school or even made available in average college level studies of economic theory. This is cowardly, weak and subservient behavior. What we 60s radicals called "selling out." It makes my blood boil to see the lack of self-criticism in this man who probably lives in a better-than-average household in an academic enclave where he and his cohorts play "ain't it awful" tapes to one another. He and those who are in a position to see the world being "turned into markets" need to get up and carry banners, publish inflammatory pamphlets, lead vast marches and demonstrations to reverse these trends they are in a position to diagram.

[aroonaranya]

A $43, 000 profit sent to my portfolio each week, Ms. Angela cole car is amazing.

[ShastaKath]

By the way, somebody needs to monitor this comment stream and get rid of the phish.