Fossil Capitalism Dualism

Capitalism and the United States monetary system refuse to productively reduce the the increasing rise of climate change for reasons that benefit only a small amount of profit holders. Malm’s Fossil Capital argues that the systematic methods of capitalism have historically and currently, constructed a benefit for capitalists in systematic dualism of power that taxes the environment and the people by utilizing stock power, a method of using natural resources for power, for an endless, increasing profit. This increasing profit rhetoric that is embedded into capitalism has been reflected into the United States monetary system through an endless desire for economic expansion and a drive for debt, as Bjerg explains in Parallax of Growth, and further …show more content…
This concept, coined by Malm, coincides with stock power because dualism of power cannot exist as it did historically, and does currently, without stock power because of the power over natural resources. The theory can be defined as capitalists having power and control over the laborers and the natural and non renewable resources within the capitalist system. In a sense, the capitalists control the process of manufacturing a product because of the dualism of power over both laborers and the ecosystem, forcing the the ecosystem and laborers to abide by the commands of the capitalist. Domination against labors occurs because of the ever increasing wealth that capitalists generate from the profit which creates an economical hierarchy. This economical hierarchy is ever so present in capitalism because as the capitalists consistently generate profit through the product they oversee; the laborers that actually construct the product stay in the same position of wealth without owning the product they manufacture. Furthermore, this same theory is applicable to the understanding of capitalism in control of environmental resources. Capitalism has, in a sense, control and power over the fossil fuels and environmental surroundings that are necessary, from the capitalist perspective, to creating the product and generate profit. As Malm exemplifies, Britain’s stock power of …show more content…
To explain this reasoning, it is understood that capitalists desire more economic growth that is fulfilled through the use of natural resources and laborers that are under power of capitalism. Desire, essentially, is the ignition to capitalism- the desire to fulfill the need and want of money and personal economic growth for one’s benefit. Dualism of power provides an outlet for this desire to thrive, as it controls natural resources to fuel means of production that require the overlook of laborers that finally fuel the profit outcome, the initial reasoning for capitalism. Dualism of power cannot be terminated as long as the desire for perpetual economic growth continues to thrive within capitalism. Since dualism of power is successful in terms of producing profit for capitalists, the desire will continue, thus producing a never ending cycle. Futhermore, Bjerg’s theory of drive can be connected to this cycling desire for