Nature as a Mode of Accumulation
Capitalism and the Financialization of the Earth
Keywords:Climate Change, Capitalism, Marxist Ecology, Ecology, Political Economy
From September to November 2021, overlapping with the 2021 UN Climate Change Conference negotiations in Glasgow, three major interrelated developments occurred in global finance. Taken together, these changes mark a turning point in the financial expropriation of the earth and the culmination of a theoretical shift in the dominant economic paradigm aimed at the unlimited accumulation of total capital, which is now seen as including "natural capital."
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