Alberta’s Rockefeller coups, Part 6: The Financial Frauds of American Empire Are Driving Climate Disaster, But Both Could Still Be Thwarted

Regan Boychuk Author’s Note: John D. Rockefeller Sr. had the last laugh about American anti-trust law and the muck-raking media before descending to Dante’s 9th Circle in May 1937. The oil industry’s center of gravity had begun shifting towards Texas after Spindletop in 1901, but Rockefeller coups across North America in 1931, 1935, 1938, and 1940 […]

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Di Liberto, ‘Differential Harm: Patterns of Uneven Destruction’

Abstract This essay opposes the idea that contemporary critical events like pandemics, global warming, environmental deterioration, et cetera, are to be considered as affecting humanity in a uniform way. Instead of seeing these phenomena like abstract universal threats, I propose to look at them through the lens of my concept of differential harm. By drawing […]

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Baines & Hager, ‘From Passive Owners to Planet Savers? Asset Managers, Carbon Majors and the Limits of Sustainable Finance’

Abstract This article examines the role of the Big Three asset management firms — BlackRock, Vanguard and State Street — in corporate environmental governance. Specifically, it charts the Big Three’s relationships with the public–owned Carbon Majors: a small group of fossil fuels, cement and mining companies responsible for the bulk of industrial greenhouse gas emissions. […]

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Lucas, ‘Risking the earth, parts 1 and 2’

Abstract This two-part paper details the arguments and evidence that have been marshalled by both climate scientists and social scientists to critique the current procedures and methodologies deployed by the Intergovernmental Panel on Climate Change (IPCC) and the United Nations Framework Convention on Climate Change (UNFCCC) to represent the risks of anthropogenic forcing and a […]

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On the Power Theory of Capitalism and Differential Accumulation

Ken Zimmerman This piece was originally posted on the Real-World Economics Review Blog here and here. Shimshon Bichler and Jonathan Nitzan are Israeli political economists. Together they’ve created a thought-provoking power theory of capitalism and theory of differential accumulation. The theory is not “pie-in-the-sky,” but is based in their analysis of the political economy of […]

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