Open Access. Powered by Scholars. Published by Universities.®
Social and Behavioral Sciences Commons™
Open Access. Powered by Scholars. Published by Universities.®
- File Type
Articles 1 - 2 of 2
Full-Text Articles in Social and Behavioral Sciences
Capitalizing A Future Unsustainable: Finance, Energy And The Fate Of Market Civilization, Timothy Dimuzio
Capitalizing A Future Unsustainable: Finance, Energy And The Fate Of Market Civilization, Timothy Dimuzio
Timothy DiMuzio
Liberal capitalist polities are being held up as the ultimate civilizational achievement precisely at a point in time when the energy-demanding built environments and growth imperatives of these societies are threatened by global climate change and the coming end of cheap and abundant carbon energy. Throughout the twentieth century, this pattern of energy-intensive social reproduction was largely shaped by the oil and gas sector creating what I call a petro-market civilization. However, given the challenges presented by peak oil and global warming, transitioning to a low-carbon or green energy future has gathered increasing attention and investment. In this paper, I …
The 'Art' Of Colonization: Capitalizing Sovereign Power And The Ongoing Nature Of Primitive Accumulation, Timothy Dimuzio
The 'Art' Of Colonization: Capitalizing Sovereign Power And The Ongoing Nature Of Primitive Accumulation, Timothy Dimuzio
Timothy DiMuzio
In order to dispel Adam Smith’s liberal narrative of original accumulation, Karl Marx offered his own historical account of the rise of capitalism in England. He also pointed to the English colonies, where the conditions for capitalist development were being created by government intervention in his own era.1 Playing on the discussion of the ‘art of colonisation’ in Edward Gibbon Wakefield’s comparative study of England and America, Marx argued that Wakefield’s candid advice on colonial policy and prosperity revealed the shaky foundations upon which Adam Smith’s concept of original accumulation was built. According to Marx, the value of Wakefield’s work …