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Michael Löwy — Marx’s ecology: recovered legacy

Summary:
While mainstream ecological theory has been dismissive of Karl Marx, serious research in recent decades has recovered some of his very important insights on ecological issues. The pioneers have been James O’Connor and the journal Capitalism, Nature and Socialism—a tradition continued by Joel Kovel—but the most systematic and thorough investigations on Marx’s ecological views are those of John Bellamy Foster and his friends from Monthly Review. Many ecologists accuse Marx of “productivism.” Is this accusation justified? No, insofar as nobody denounced as much as Marx the capitalist logic of production for production: the accumulation of capital, wealth and commodities as an aim in itself.The fundamental idea of a socialist economy—contrary to its miserable bureaucratic caricatures—is one

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While mainstream ecological theory has been dismissive of Karl Marx, serious research in recent decades has recovered some of his very important insights on ecological issues. The pioneers have been James O’Connor and the journal Capitalism, Nature and Socialism—a tradition continued by Joel Kovel—but the most systematic and thorough investigations on Marx’s ecological views are those of John Bellamy Foster and his friends from Monthly Review.
Many ecologists accuse Marx of “productivism.” Is this accusation justified? No, insofar as nobody denounced as much as Marx the capitalist logic of production for production: the accumulation of capital, wealth and commodities as an aim in itself.
The fundamental idea of a socialist economy—contrary to its miserable bureaucratic caricatures—is one of producing use-values, goods which are necessary for the satisfaction of human needs. Moreover, the main importance of technical progress for Marx was not the infinite growth of goods (“having”) but the reduction of the labour journey and the increase of free time (“being”).
In the being-doing-having model, being is more important than doing. Doing follows from being. Doing is more than having in that having is a by-product of doing. Happiness is a property of being that accrues from unfolding one's potential as a person (human being) and as an individual (particular personality).

In the consumerist model, having in most important, and doing is the sine qua non of having. Being largely irrelevant in this model, so genuine happiness is precluded. This results in alienation.

In contemporary capitalism, based on the consumer economy, consumerism replaces the increased leisure made available by increases in productivity. Freedom gets traded for trinkets, promoted by advertising, so that firms can maintain profits. One result of consumerism in addition to alienation is ecological degradation.


MROnline
Marx’s ecology: recovered legacy
Michael Löwy | emeritus research director in social sciences at the CNRS (French National Center of Scientific Research) and lectures at the École des hautes études en sciences sociales (EHESS; Paris, France)
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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