Energy Capitalism And World Order

This original, timely and innovative collection is the first to offer critical IPE perspectives on the interconnections between energy, capitalism and the future of world order. The authors discuss the importance of energy for our understanding of the global political economy, climate change and key new developments like 'fracking'.

As fossil fuels deplete, what happens to capitalist political economies they support? This book examines a new theory for understanding energy, social reproduction and capitalism.

Energy and the modern state -- The political economy of energy -- Urban sprawl in the U.S. and the creation of the Hitler regime -- Urban sprawl, the Great Depression, and the start of World War II -- U.S. economic elites, nuclear power, and solar energy -- Global oil politics -- Plutonium and U.S. foreign policy -- Conclusion: energy and the global order

An innovative work of realism and utopianism that analyzes the possible futures of the world-system and helps us imagine how we might transition beyond capitalism. The world-system of which we are all a part faces multiple calamities: climate change and mass extinction, the economic and existential threat of AI, the chilling rise of far-right populism, and the invasion of Ukraine, to name only a few. In Navigating the Polycrisis, Michael Albert seeks to illuminate how the “planetary polycrisis” will disrupt the global community in the coming decades and how we can best meet these challenges. Albert argues that we must devote more attention to the study of possible futures and adopt transdisciplinary approaches to do so. To provide a new form of critical futures analysis, he offers a theoretical framework—planetary systems thinking—that is informed by complexity theory, world-systems theory, and ecological Marxism. Navigating the Polycrisis builds on existing work on climate futures and the futures of capitalism and makes three main contributions. First, the book brings together modeling projections with critical social theory in a more systematic way than has been done so far. Second, the book shows that in order to grasp the complexity of the planetary polycrisis, we must analyze the convergence of crises encompassing the climate emergency, the structural crisis of global capitalism, net energy decline, food system disruption, pandemic risk, far-right populism, and emerging technological risks (e.g. in the domains of artificial intelligence, biotechnology, and nuclear weapons). And third, the book contributes to existing work on postcapitalist futures by analyzing the processes and mechanisms through which egalitarian transitions beyond capitalism might occur. A much-needed work of global futures studies, Navigating the Polycrisis brings together the rigor of the natural and social sciences and speculative imagination informed by science fiction to forge pathways to our possible global future.

Providing critical insights that will interest readers ranging from economists to environmentalists, policymakers, and politicians, this book analyzes the economics and technology trends involved in the dilemma of decarbonization and addresses why aggressive policy is required in a capitalist political economy to create a sea change away from fossil fuels. The environmental damage across the globe is a result of the success of capitalist industrialism—250 years of carbon pollution resulting from consumption of fossil fuels to drive the economy and the worldwide aspiration to ever-increasing levels of economic development. But capitalism has also produced the tools to solve the problems it has created in the form of a technological revolution in low-carbon renewables, distributed resources, and intelligent systems to integrate supply and demand. This book comprehensively examines the political economy of electricity and analyzes the challenge of transforming today's electricity sector to meet the dual goals of decarbonization and development expressed in the Paris Agreement. Author Mark Cooper defines the dilemma of development and decarbonization as the great challenge facing the electricity industry and documents how the economic resources costs of a 100 percent-renewable portfolio has declined to the point that decarbonization can pay for itself, making the low-carbon renewable technologies that enable desired environmental and public-health benefits an easy sell. He identifies the substantial benefit of increasing use of information, communications, and advanced control technologies; shows how targeted innovation could speed the transition by a decade or two and lower the overall cost of the transition by as much as half; and explains why the flexible, multi-stakeholder approach of the Paris Agreement is the correct approach.

China's rise within global society and politics has brought it into the spotlight - for social scientists, the country's long and dramatic transformations in the twentieth and twenty-first centuries make it an ideal case study for research on political and economic development and social changes. China's size, integration and dynamism are impacting on the functioning of the capitalist world system. This book offers a non-conventional analysis of the possible outcomes from China's transformation and provides a dialectical understanding of the complexities and underlying dynamics brought about by the rise of modern-day China. The theoretical and methodological approaches will prove useful for students and researchers of development studies and international relations.

Ever since the Industrial Revolution energy has been a key driver of world politics. From the oil crises of the 1970s to today’s rapid expansion of renewable energy sources, every shift in global energy patterns has important repercussions for international relations. In this new book, Thijs Van de Graaf and Benjamin Sovacool uncover the intricate ways in which our energy systems have shaped global outcomes in four key areas of world politics: security, the economy, the environment and global justice. Moving beyond the narrow geopolitical focus that has dominated much of the discussion on global energy politics, they also deftly trace the connections between energy, environmental politics, and community activism. The authors argue that we are on the cusp of a global energy shift that promises to be no less transformative for the pursuit of wealth and power in world politics than the historical shifts from wood to coal and from coal to oil. This ongoing energy transformation will not only upend the global balance of power; it could also fundamentally transfer political authority away from the nation state, empowering citizens, regions and local communities. Global Energy Politics will be an essential resource for students of the social sciences grappling with the major energy issues of our times.

Capitalism and COVID-19: Time to Make a Democratic New World Order proposes the deepening of democracy in a post-capitalist world. It suggests that humans should be placed back in nature and nature back in humans and argues for a global environmental movement. The book maintains that the free market should serve people and planet - instead of people and planet serving the free market. It motivates for enabling the state in leading the transition to a post-capitalist world. A post-capitalist society should ensure planetary and peoples' well-being together with economic well-being. Economic science in its current ideological form should be revisited. Exiting capitalism requires the unity of workers of all countries. Capitalism and COVID-19: Time to Make a Democratic New World Order calls for reimagining and recreating the best of all possible worlds for present and future generations. In the final analysis Noel Chellan predicts and maintains that capitalism too shall pass!