|Publisher:||Pluto Press (UK)|
An original theory of contemporary capitalist growth and its socio-ecological contradictions
Capital is pushing into motion ever larger global material flows. In doing so it has come to depend on massive expenditures of energy, putting to work fossil fuels and the machines they animate to transform the world, accumulate power and grow the economy. The ecological relations and crises of today's societies are driven by the processes of extraction of the elements that come together as material and energy flows controlled by capital.
In A Social Ecology of Capital, Éric Pineault proposes an original model of the fossil based social metabolism that has sustained the growth of advanced capitalism in the last century, insisting on the material potentialities involved.
Drawing on ecological economics and critical political economy, the book analyses how the social structures of accumulation, production and consumption determine and regulate the material flow and the accumulation of material stocks. Showing how social relations shape the ecology of capital, the book highlights the contradictions humanity now faces.