The Ecological Crisis is an Economic Crisis; the Economic Crisis is an Ecological Crisis
by Wayne Price
The Problems of Being Dependent on Cheap Oil
There are difficulties in being so completely dependent on petroleum oil. The first is that it is limited. Oil is a “nonrenewable resource.” Sooner or later we will run out of it. More significantly, sooner or later we pass the point of “peak oil.” This is the point where half the amount of oil in the ground has been used up. This point has been passed in the continental U.S. and we may be around it on a world scale. Meanwhile there has been an increase in the demand for oil as the world’s population increases and as oppressed nations (the “Third World”) attempt to industrialize.
That does not mean that there is no more oil. There is plenty still left. But it becomes harder to get at that oil. Once all that was necessary was to stick a pipe into the ground at the right place and oil would gush out. Now we have to set up huge floating rigs way out in the ocean and drill a mile down below the sea surface and then a mile or more below the sea floor. This was what was done at BP’s site in the Gulf of Mexico.
The second set of problems with dependence on oil is that it is polluting. Humans, other animals, and plants did not evolve to function in a world with oil and plastics in the environment. Burning it puts particles in the air. It poisons us, creates asthma and cancers. Plastics are “nonbiodegradable”; once “thrown away,” plastic materials last forever. Pesticide residue is poisonous to people and other animals. And right now we see the effects of releasing vast amounts of oil into the oceans—or rather we are just beginning to see the disasterous consequences.
Disasters are rationalized as “accidents,” such as the BP or the Exxon Valdez events or the Bhopal fire which spewed pesticides over a large area of heavily populated India. But human activities are never perfect and never will be perfect. No matter how many safety mechanisms are built into the processes, accidents will happen. (This is also true of attempts to make “safe” nuclear power as an alternative to burning fossil fuels. There is no safe nuclear power. Accidents will happen.)
Finally, there is the effect of “global warming,” climate change. More than just pollution, this throws the whole worldwide climate out of balance. It is melting polar ice and ice caps on mountains. It is raising the level of the sea and will drown islands and sea coasts and the peoples who live there. It will spread deserts and cause famines. It short, it will be a civilization-wide disaster.
Another difficulty is that oil, like many other natural resources, is not evenly distributed around the world. A few places have a lot and most places have none. This has played into imperialism, wars, and corrupt dictatorships. For example, right now the U.S. is fighting in Iraq (which has the world’s second largest oil deposits) and Afghanistan (which has pipelines for natural gas go through it).
What I have said about oil is also true about other fossil fuels, namely coal and natural gas. They are also nonrenewable, limited, resources. Getting at them causes destruction of the ecological environment (e.g. mountaintop removal for coal or fracturing natural gas-bearing ground). They also have negative effects on humans and the ecology, including contributing to global warming.
The use of oil and other fossil fuels has been essential to the last period of capitalist prosperity and now threatens disaster both ecologically and economically. But there are other ways in which industrial capitalism has plundered the natural world, looting its resources without paying for rebuilding them. Other minerals have been torn from the ground and released into the human environment where they do not fit our biology, such as mercury. Whole animal species are being exterminated in a continuing process, while jungles and forests (the “earth’s lungs”) are being cut down. Diseases spread through the mass use of airplane travel.
Much of this has happened as side effects of the expansion of big farms and ranches, mines and dams, and sprawling human cities and suburbs. Ruthlessly and thoughtlessly, industrial capitalism slashes the threads of the web of life in which humanity lives.
The Bill Comes Due
Imagine the capitalist management of an industrial factory. As they produce commodities, their machines and buildings (what Marx refers to as “fixed constant capital”) wear out a little. They take account of this by adding a cost to the price of the commodities. Over time they accumulate a fund so that, when the machines and buildings are worn out, they can buy new machines and structures.
But suppose they do not do that? Suppose they do not set aside a fund to rebuild the worn-out machinery but instead count that money as part of their profits (Marx’s “surplus value”). Perhaps, under pressure from their workers, they use some of that money to increase the workers’s wages (Marx’s “variable capital”). This makes their profits look larger than they really are and it permits the capitalists to buy off the workers without losing any profits. But someday the machinery does wear out and the capitalists do not have money to replace it. Factory production will stagnate. Workers will be laid off. The high profits and the workers’ high standard of living will suddenly appear to have been fraudulent.
This is the situation of the world bourgeoisie as a whole in relation to the environment. The capitalists had seemed to be making huge profits and been able to buy off much of the working class (at least white workers in the imperialist countries). They had been looting the environment, ripping out natural resources which they had not created, counting as profit what nature appeared to be giving for “free” (a version of what Marx called “primitive accumulation”). They thought they were getting something for nothing, or at least for very little.
What the capitalist class should have been doing was to prepare for the day when energy and other resources would run out, or more accurately, would become rarer and much more expensive to access. It should have begun a transition from fossil fuels (and nuclear power) to renewable energy. It should have been cleaning up pollution and countering greenhouse effects. It should have fought desertification in Africa and elsewhere. It should have worked to balance population growth with economic growth by liberating women worldwide. It should have maintained the world’s jungles and forests and prevented overfishing in the oceans. It should have planned cities and towns so they did not destroy the countryside or need so much energy for transportation. And so on.
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