Article(electronic)March 2, 2022
Nature as a Mode of Accumulation: Capitalism and the Financialization of the Earth
In: Monthly Review, p. 1-24
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Abstract
From September to November 2021, overlapping with the 2021 UN Climate Change Conference negotiations in Glasgow, three major interrelated developments occurred in global finance. Taken together, these changes mark a turning point in the financial expropriation of the earth and the culmination of a theoretical shift in the dominant economic paradigm aimed at the unlimited accumulation of total capital, which is now seen as including "natural capital."
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