“Interesting” Times: Capitalism Kills Everything

Written By Paul Street and published in CounterPunch on February 19th 2021, this article provides seering analysis of capitalism and ongoing environmental collapse in the current politic climate.


By Paul Street/CounterPunch

We could stop being surprised by terrible things if we paid more attention to past and current history.

We could also remember that we are part of Nature and cannot survive much longer in a state of capitalist war on the web of life.

Shocking, Yes; Surprising, No

No Empathy Joe

Yes, it’s terrible that Joe Biden has refused to forgive more than a pittance of student debt. But do we not recall him telling a Los Angeles Times host that he had “no empathy, give me a break” for the plight of Millennials in the savagely unequal and environmentally unsustainable world he’d helped create over decades of Congressional service to corporate and financial America? No surprise.

Fascists Doing Fascist Stuff

The Trump-instigated January 6th fascistic Attack on the Capitol was shocking. Contrary to the “oh my God I can’t believe this is happening in America!” response of dismayed cable news talking heads, it was hardly surprising. As the historian Timothy Snyder noted in its aftermath, “When Donald Trump stood before his followers on Jan. 6 and urged them to march to the United States Capitol, he was doing what he had always done. He never took electoral democracy seriously nor accepted the legitimacy of the American version.”

That’s because Trump was and is a fascist, as was clear well before he was elected. So are many of his backers. Nobody who paid attention to the real record of this white-supremacist racial- nationalist authoritarian and his Amerikaner base (please see my chapter on “the Trumpenvolk” in this excellent volume) should have been astounded by January 6th. It was the final crazed act in a rolling coup campaign that had been underway for months.

A Predicted and Predictable Pandemic Nightmare

The COVID-19 pandemic has been shocking. It should never have been surprising. Public health experts had been warning about such an event for many years from their observation of global capitalism’s encroachment into new geographic and biological spheres and the remarkable speed and scale with which the world capitalist system spreads people and germs across planetary space.

The special virulence with which the virus hit the United States is shocking but unsurprising. It was to be expected given the nation’s extreme attachments and captivity to corporate power, extreme class disparity savage racial inequality, and military empire. The U.S profits and war system is incapable of protecting public health. American “democracy” is about the upward concentration of wealth and power, with disastrous consequences for the common good. The terrible outcomes include a for-profit health care system wired to serve only the rich and a poisoned food system and environment that feeds rampant co-morbidities across the land. The steepest health price is paid by poor people of color, who have died to a disproportionate degree.

Of course COVID-19 made the U.S. its most favored nation. It’s the extreme capitalism, the over-the-top individualism, and the related acute racial oppression that made this predictable.

Capitalogenic Ecocide

The ongoing collapse of livable ecology, whose symptoms include ever more extreme weather (like the recent and ongoing polar cold snap within and beyond the U.S. South) is shocking. It is proceeding as predicted by environmental scientists who have warned for many decades about the exterminist consequences of unrestrained capitalism. The climate we used to know is being blown up by carbon capitalism, as predicted even by Exxon-Mobil.

The capital order is addicted to perpetual “growth,” that is accumulation, to sustain its rate of profit and to paper over its inequalities. It’s an environmentally unsustainable dependence. If we don’t break our dependence on capitalism, we are done for (we may already be done for). Capitalism is wired for the termination of livable ecology.

This Kills Everything

On this last point, this would be a good time for us to stop avoiding the little mater of ecocide, the biggest issue of our or any time. I enjoyed the esteemed Marxist economist Richard Wolff’s recent reflection on how the accumulation and investment centers of global capitalism are “migrating away from the U.S., Europe, and Japan.” By Wolff’s analysis, which strikes me as correct:

The blunt truth of modern economic development is this: capitalism is leaving its old centers and relocating to its new centers. About this leaving we can and should borrow the phrase: this changes everything…. On the one hand, the movement of capitalism from old to new centers plunges the old into a long-term decline evident in decaying industries and cities. Politics shifts away from prioritizing growth, adjudicating internal conflicts in ways that reproduce growing capitalism, and shaping the world into a distinctive center-periphery pattern. Instead, policies shift toward maintaining the global status quo against the many forces eroding it. For many politicians that shift of focus degenerates into scapegoating amid cascading social divisions and decay…On the other hand, capitalism finds profitable new territory in its new centers. Growth there offsets a decline in the old centers. The global 1 percent get richer because they draw increased wealth from both the old and new centers (emphasis added).

After reading this, I had two reactions. First: “brilliant, this helps us demystify a lot of recent economic, social, and political history.” Second: “fine but guess/so what?” Wherever its leading control, investment, and growth centers are located, capitalism has now so completely polluted and cooked the entirely planetary ecosystem that we will be fortunate to survive another half century as a species if we don’t get off this lethal growth-/accumulation-/profit-addicted system.

I might feel less compelled to offer this criticism if Wolff hadn’t referenced the title of the leading environmentalist Naomi Klein’s important book This Changes Everything: Capitalism v. The Climate.

Here’s a little secret about capitalism: it kills everything no matter where its leading centers are located. It’s not Marx’s midwife to socialism; it’s a malignant cancer ready to bring about “the common ruin of the contending classes.”

Interesting, Even Exciting Times!

More disturbing on this and related scores was the brilliant and (I think justly) celebrated American historian and political commentator Rick Perlstein’s recent dialogue with Salon’s Chauncy de Vega, who deserves special recognition for having properly identified and denounced Trump was a fascist from the start:

De Vega: “How are you feeling given the Age of Trump and all that mayhem and pain, a pandemic and an overall surreal state of affairs? How are you making sense of this?”

Perlstein: “For all the horror of seeing one of America’s two major parties descend into fascism, the fact is that I am a writer and a historian. That we are living in the middle of a time that people will probably be talking about in a hundred years is interesting and exciting to me.”

Where to begin in responding to this? To start with, Perlstein might have wanted to tell de Vega, “hey, I was wrong and you were right about Trump” since Perlstein engaged in some brilliant but (as it turned out) wrongheaded denial of Trump’s fascist essence in the fall of 2015, by which tine de Vega was correctly identifying the orange monster for what it really was.

Then there’s the horrific candor of Perlstein finding recent American fascist politics and history “interesting and exciting” (on an intellectual level). Perlstein’s comment struck me as an elegant version of Tourette’s Syndrome. This is something you don’t say even if you think it. “Interesting and exciting” (to a well-off white professional American author)? Tell it to the immigrants penned up in Amerika’s concentration camps, the parents whose children were stolen from them at the southern U.S. border, and the survivors of the 450,000-plus Americans who have died from the pandemic Trump fanned across the nation, dismissing its significance (he said it “affects virtually no one” even after he survived it with the help of the best taxpayer-funded socialist medicine and treatment available).Tell it to the survivors of people murdered by white-nationalist killers triggered by Trump’s hateful rhetoric (e.g., Heather Heyer in Charlottesville, the victims of the El Paso Wal-Mart massacre, and the Tree of Life killings in Pittsburgh), and the people of Puerto Rico, who Trump left to suffer without adequate federal relief (while downplaying the extent of death and destruction) in the wake of Hurricane Maria. Tell it to the people of Iran. Tell it to the Muslims and others from Muslim countries who were unable to visit loved ones because of Trump’s racist travel ban. Tell it to the survivors of the hundreds of prospective migrants who have died in the southwestern U.S. desert (including 227 people whose remains were found along the U.S,-Mexico border last year) thanks to Trump’s intensified border enforcement and partial wall construction.

Mad Max if We’re Lucky

As my fellow historian and journalist Terry Thomas comments: “I think one might place more emphasis on the ‘horror’ of the Republican Party’s descent into fascism than the business about it being a time people will be talking about in a hundred years. … in a hundred years it could be something like a Mad Max movie, because we failed during this historical juncture. I don’t know how ‘exciting’ that is.”

But back to the environmental matter:  it does not look good for a 22nd Century historian being able to look back smartly on the “interesting” and “exciting” times experienced in the US during the Trump years and their aftermath. There’s this little problem of the Antarctic melting around 2050 or 2060, under the pressure of growth-addicted global capitalism, whose key centers shift across geographic zones and nation states while rain forests are felled, arctic ice sheets collapse, and methane bubbles up in mass quantities from melting permafrost.

That changes everything.

I’d say its Mad Max if we’re lucky, to partly paraphrase Istvan Meszaros who (thinking of the environmental crisis) updated Rosa Luxembourg by writing “it’s socialism or barbarism if we’re lucky” two decades ago.

On a small but happy note, the epic fascist hate machine Rush Limbaugh has finally been silenced by Mother Nature. Vatican geologists report one of the fastest descents into Perdition on record.


Paul Street’s new book is The Hollow Resistance: Obama, Trump, and Politics of Appeasement.

2 thoughts on ““Interesting” Times: Capitalism Kills Everything”

  1. In a nutshell: Capitalism demands the constant, frenetic, and ever-increasing extraction, production, sale, consumption, and waste of every usable substance on Earth. The intent is maximum growth and profit, but the effect is maximum plunder, sterilization, and death. As I’ve said before, the purpose is profit. But the appearance to any objective observer is that we’re trying to use up the planet as fast as possible.

    Seven billion tons of natural resources down the drain in 1900, and almost 70 billion tons in 2020. A population of 1.6 billion then, 7.8 billion now. Per capita consumption of 4.375 tons then, and roughly 9 tons today (multiply by 4 if you’re American, Canadian, Australian, or Brazilian — though the Brazilian waste is mostly for export).

    A sane species uses minimum resources to produce what is required, with zero inorganic waste. Industrial humanity uses maximum resources to produce as much as possible, with apparent indifference to waste.

    The judgment of nature is that any species that produces inorganic waste — any species that requires landfills, or pollutes the air, land, fresh water, and seas — has forfeited its right to exist. Every species but ours passes the test.

  2. Capitalism is a symptom, no more. Hate to break it to leftists like Paul Street, but communists and socialists use electricity, drive cars, consume needless crap, eat farmed meat, and overpopulate — all the things that cause and exacerbate global warming/climate change — just like capitalists do. It’s correct that capitalism must end because it demands endless consumption & growth while other economic systems do not, but it’s very far from being the root of the problem.

    As to calling Trump a “fascist,” the vast majority of people don’t even know what that term means, and that includes this author. Fascism at its core is corporatism, and Trump was no more fascist than any other U.S. president, in some ways less so (anti-international trade, for example). Things like racism and nationalism are generally but not necessarily elements of a fascist government, but like a child calling their parents “fascist” when the parents take some action the child doesn’t like, people call others “fascist” when what they really should say is “racist,” “nationalist,” “xenophobic,” etc.

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