Seminars
Political Economy of Society and Nature
Year Founded 1971
Seminar # 523
StatusActive
This seminar was founded to study the most compelling questions of the day, which then related to the war in Southeast Asia, its causes, and consequences. Today the seminar continues to examine vital current issues from the perspective of critical and social theory with an emphasis on their economic, political, and philosophical dimensions and roots in political economic structures. It focuses particularly, though not exclusively, on the relationship between political economy and the transformation of the natural world, addressing pressing issues like climate change, the rights of nature, and resource extraction, while also attending to the ways that nature and society are represented in core concepts of political economy like scarcity, growth, and property.
Chair/s
Omar Dahbour
Carol Gould
Rapporteur/s
Sara Wexler
External Website
Meeting Schedule
Scheduled
Faculty House
Abstract
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Past Meetings
Scheduled
Faculty House
Climate Politics and the Limits of Democracy in the Age of Oil
Speaker/s
Leah Aronowsky, Columbia Climate School
Abstract
This talk is about a group of elite, influential scientists and social scientists in the late 1970s United States who believed that human-induced climate change was inevitable. Convinced that the United States would prove incapable of abandoning fossil fuels in the name of protecting the climate, these experts championed a program of adapting to climate change’s consequences rather than combatting its root causes. Historians and political ecologists typically explain the turn to climate adaptation through the lens of neoliberalism. Adaptation, they point out, placed its faith in the potential of market—rather than state—based policy approaches to climate change and assumed that policies to address climate change would need to be compatible with economic growth in order to be politically viable. But as I argue in the talk, economic conservatism and growth ideology alone cannot account for the emergence of an adaptation-centered approach to climate politics. Instead, this talk situates the scientific turn to adaptation in the context of the oil politics of the 1970s. I show that the political fortunes—and continual failures—of US efforts to facilitate a transition away from fossil fuels in the wake of the 1970s oil shocks served to radically temper scientists’ notions about the feasibility of proactively preventing climate change. In this telling, the turn to adaptation was as much an effect of scientists’ perceptions about the limits of modern democracies vis-à-vis energy system overhauls as it was a symptom of neoliberal ideology.
Scheduled
Faculty House
Fossil Nation: A New History of Britain’s Energy Transition 1760-1870
Speaker/s
Fredrik Albritton Jonsson, The University of Chicago
Abstract
This talk presents a new historical account of the political origins of fossil capital and the fossil interest before big oil. My method is multi-sectoral and holistic, explaining the British energy path through the concepts of metabolic intensification and ratchet effects. The first part of the talk examines the deep links between deep mining, the canal system, iron production, the household, factory production, and food imports. The second part of the talks explores how science and politics shaped the first fossil interest lobby and the ideology of substitutionism that underpins modern economic thought.
Scheduled
Abstract
Cancelled
Faculty House
Whose Growth in Whose Planetary Boundaries? Decolonizing Planetary Justice in Changing Climates
Speaker/s
Farhana Sultana, Syracuse University
Abstract
The geopolitics of planetary environmental injustice demonstrates the need for systems change to address climate breakdown and unsustainable economic growth. By centering Global South perspectives, prevailing ideologies promoting hyperconsumption, overproduction and waste are interrogated, highlighting the incompatibility of socioecological justice with extractive and exploitative growth paradigms. The breaches of planetary boundaries and their harmful socio-ecological consequences further underscore the urgency of decolonizing colonial-capitalist ideologies and practices, necessitating the fundamental reformulation of paradigms to envision a more just and sustainable future that dismantles oppressive systems and fosters justice-oriented praxis.
Scheduled
Faculty House
Abstract
Will green capitalism save us from the climate crisis? "Clean" technologies and renewable energy are certainly growing sites of capitalist investment, with government policies playing a key role in making these sectors profitable. But the supply chains that produce the technologies pose vexing dilemmas for the energy transition. These dilemmas are most dramatic at the extractive frontiers of green capitalism: where the natural resources needed to manufacture electric vehicles and build windmills are extracted. In this talk, we will unpack these challenges through the lens of lithium, a so-called "critical mineral" essential for its role in decarbonizing one of the most polluting sectors: transportation. With forecasters predicting an enormous surge in lithium demand, exceeding existing supplies, Global North governments and downstream firms scramble to "secure" lithium, resulting in a new state-corporate alliance and the return of vertical integration. Meanwhile, environmental and Indigenous movements contest the rapid expansion of extraction, defending ecosystems, livelihoods, and waterways already under pressure from global warming from a new boom in mining. It is in the play of these forces, unfolding amidst geopolitical rivalry and economic turbulence, that the energy transition will be forged. To conclude, we will explore the possibility of a less mining-intensive pathway to zero carbon transportation.
Scheduled
Faculty House
Abstract
Life on Earth relies on the activities of a huge range of nonhuman beings, from plants which absorb carbon dioxide to microbes which break down soil contaminants. Yet these “planetmaking” activities present a paradox: while they are vital for the continuation of both human and nonhuman life, most are economically worthless. As the economist Partha Dasgupta observes, “the value[s] of natural entities such as mangroves, wetlands, and coral reefs…don’t appear in the marketplace.” Efforts to rectify this disparity have often sought to “price nature in order to save it,” typically by redescribing ecosystems as providers of “services” or “natural capital.” Critics, by contrast, insist that nature is priceless and cannot be captured in monetary valuation. Instead of joining the debate about commodification, I argue that both strategies have largely failed, and ask what these failures tell us. While projects to put a price on nature are condemned for wrongly commodifying nature, ecosystem services have proved remarkably resistant to commodification: natural capital is still, for the most part, valued at “zero.” Critiques of pricing, meanwhile, have failed to establish nature as truly priceless, in the sense of invaluable. What is most interesting in debates about “pricing nature” is not what they reveal about the worth of “nature” per se, but what they reveal about capitalist valuation: diagnoses of the gap between what nature’s value should be and what it is index a critique of capitalism’s form of value even where it is not invoked directly. They also suggest a need to consider a different set of questions: instead of debating the morality of commodification, we might think of planetmaking activities in terms of “ecosystem public services,” asking what work they do and for whom.
Scheduled
Faculty House
A Discussion of Scarcity: A History From the Origins of Capitalism to the Climate Crisis
Speaker/s
Carl Wennerlind, Barnard College
Abstract
Modern economics presumes a particular view of scarcity, in which human beings are innately possessed of infinite desires and society must thereSfore facilitate endless growth and consumption irrespective of nature’s limits. Yet, this vision of scarcity is historically novel and was not inevitable even in the age of capitalism. Rather, it reflects the costly triumph of infinite-growth ideologies across centuries of European economic thought―at the expense of traditions that sought to live within nature’s constraints. The dominant conception of scarcity today holds that, rather than master our desires, humans must master nature to meet those desires. This idea was developed by thinkers such as Francis Bacon, Samuel Hartlib, Alfred Marshall, and Paul Samuelson, who laid the groundwork for today’s hegemonic politics of growth. Yet proponents of infinite growth have long faced resistance from agrarian radicals, romantic poets, revolutionary socialists, ecofeminists, and others. These critics―including the likes of Gerrard Winstanley, Dorothy Wordsworth, Karl Marx, and Hannah Arendt―embraced conceptions of scarcity in which our desires, rather than nature, must be mastered to achieve the social good. In so doing, they dramatically reenvisioned how humans might interact with both nature and the economy. Following these conflicts into the twenty-first century, I will argue that we need new, sustainable models of economic thinking to address the climate crisis. Scarcity is not only a critique of infinite growth, but also a timely invitation to imagine alternative ways of flourishing on Earth.
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