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• W154443154 abstract "Marx's nineteenth century critique of political economy was developed in an era whennatural resources were abundant. Nature was not considered a central feature in theproduction of economic surplus value. To classical political economy, the vital factorcontributing to economic development was the way labour was organised in extendedproduction.The main objective of this thesis is to shift the role of nature into a more prominentposition in political economy. It is an attempt to integrate biophysical economics intoMarx's historical materialism. This allows a fuller account of capitalist development andthe ecological crisis inherent in this mode of production. The ecological crisis it is arguedis a crisis of production.The biophysical orientation adopted in this thesis implies that the classical politicaleconomic notion that labour alone creates surplus value is inadequate to account for thephysical basis of production. The thesis argues that labour combines with nature to createsurplus value. It follows that the imperatives of growth-oriented production forovercoming poverty in Eastern bloc socialism and the accumulation of private capital incapitalism depend on the generation of surplus value founded on the dual exploitation oflabour and nature. From this perspective the ecological crisis is a direct outcome ofgrowth-oriented production. If nature and labour both constitute surplus value then it is inferred that environmentalmovements and labour movements are different aspects of the capitalist exploitationprocess, which is inherently growth-oriented and therefore anti-ecological. It is furtherargued that Marx's failure to account fully for the dynamics of capitalist development liesin his failure to incorporate nature in the Labour Theory of Value. The problem for Marx was that he could not foresee the constraints on production from both the physicallimits of natural resources and the environmental limits of pollution. The impediment tocapitalist growth is no longer the rising power of the proletariat but the looming ecologicalcrisis. Marx also failed to predict capitalist restructuring that led to the diminishing role oflabour in the production of surplus value. As a result he could not foresee the diminishingpolitical power of the working class and the mitigation of the class conflict as aconsequence of this restructuring process.This thesis concludes that the industrial working class will not be the decisive factor insocial development of the future. The broader contradiction of capitalism with nature willbe the vital factor determining the future of this mode of production." @default.
• W154443154 created "2016-06-24" @default.
• W154443154 creator A5022319342 @default.
• W154443154 date "1993-01-01" @default.
• W154443154 modified "2023-09-26" @default.
• W154443154 title "A contribution to the ecological critique of political economy" @default.
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• W154443154 hasPublicationYear "1993" @default.
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