Eric Pineault

ABSTRACT

Giorgios Kallis argues that Degrowth, as a pluralistic convergence of both theoretical perspectives and social movements, is part of a renewal of the critique of capitalism based on the ecological contradictions of this social order. In “Socialism without Growth” Kallis engages with other, more classical, approaches that have examined the contradictions of capitalism and the material conditions for a future, ecologically viable postcapitalist social order. After a quick exposition of the lineaments of a general theory of surplus and accumulation based on Bataille, Polanyi and Georgescu-Roegen, Kallis mobilizes Marx’s theory of accumulation to examine the growth drivers of capitalism. I will argue that economic growth in advanced capitalism can best be explained as a relation that articulates capitalist overproduction to overconsumption, and outline some analytical tools that such an explanation can provide to those interested in understanding the specific growth drivers of contemporary capitalism and their social and ecological consequences. This implies moving beyond the model outlined by Marx and mobilizing concepts and categories developed by the over-accumulation approach to capitalism, those developed by some of Degrowth’s most vocal Marxist critics, such as Foster. Through my dialogue with Kallis I will try and bridge these two approaches.

KEYWORDS

Capitalism, degrowth, overaccumulation, economic growth, surplus

From: Capitalism Nature Socialism 2019 30 (2)

Editor: Wang Yi