Energy, Economic Growth, and Ecological Crisis

by JBB last modified 2019-06-11T13:49:53-04:00
by Erald Kolasi | Monthly Review | Can economic growth continue forever? This relatively simple question has posed some intellectual headaches for modern capitalism. In the Grundrisse, Karl Marx argued that capital cannot tolerate any limits, by which he meant that the drive for growth and the search for new markets are both necessary for the political and economic survival of capitalism. Viewed in this light, the implications of the question present something of an existential challenge to the current order. Capitalism cannot acknowledge any natural limits to economic growth, for that would mean acknowledging its ultimate demise.
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