For me, it is clear that we are currently in a period of structural crisis of capitalism going back to the 1970s, but deepening in our time. Persistent economic stagnation together with neoliberal austerity has at this point seriously undermined the stability of the liberal-democratic state and thus the political command sector of the capitalist system. This has led to a dangerous resurgence of political movements in the fascist genus, representing an alternative way of managing the state of the capitalist system, opposed to liberal democracy.
John Bellamy FosterTrump is a hybrid phenomenon as I see it. He is somewhat like UKIP and Le Pen with his right-wing populism that espouses some fascist overtones, but he's also partly just the old neoliberalism in disguise, especially if we look at some of the people he appointed to his cabinet.
John Bellamy FosterIn the last few decades we have seen the extraordinary rise of ecosocialist movements around the world inspired in large part by Marx's ecological critique of political economy. Marx was indeed influenced by some of the earliest attempts to develop what we now call an ecological-systems view, rooted in the concept of metabolism. Building on this perspective, Marx defined socialism as the rational regulation by the associated producers of the metabolism between society and nature in such a way as to conserve energy and to promote the satisfaction of human needs.
John Bellamy FosterFrances Bellamy thought the changes spoiled the poetry of it. He was a pretty stern guy. Everybody has some sense of humor, but I don't think he had much.
John Bellamy FosterFor me, it is clear that we are currently in a period of structural crisis of capitalism going back to the 1970s, but deepening in our time. Persistent economic stagnation together with neoliberal austerity has at this point seriously undermined the stability of the liberal-democratic state and thus the political command sector of the capitalist system. This has led to a dangerous resurgence of political movements in the fascist genus, representing an alternative way of managing the state of the capitalist system, opposed to liberal democracy.
John Bellamy Foster