Missing the Marx — more or less

by Paul Street

It would be wonderful if we could heal the environment through green, energy-efficient consumption and production. And it would be great if we could move to a steady-state de-growth economy which values the common environmental good over the endless consumption and accumulation of exchange values. But these things simply won’t happen under capitalism, a system that can no more forego growth and continue than people can stop breathing and live on. The profit system’s core definition of efficiency always comes down not to true and general social efficiency but to specifically capitalist efficiency: maximum return on private investment.

Read the article