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The ‘wicked trinity’ of late capitalism: Governing in an era of stagnation, surplus humanity, and environmental breakdown

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The ‘wicked trinity’ of late capitalism: Governing in an era of stagnation, surplus humanity, and environmental breakdown. / Alami, Ilias; Copley, Jack ; Moraitis, Alexis.
In: Geoforum, 16.02.2023.

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Alami I, Copley J, Moraitis A. The ‘wicked trinity’ of late capitalism: Governing in an era of stagnation, surplus humanity, and environmental breakdown. Geoforum. 2023 Feb 16;103691. Epub 2023 Feb 16. doi: 10.1016/j.geoforum.2023.103691

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@article{bb0f04953f5249149a0bb1e80c74d28d,
title = "The {\textquoteleft}wicked trinity{\textquoteright} of late capitalism: Governing in an era of stagnation, surplus humanity, and environmental breakdown",
abstract = "Scholars within the fields of political ecology, environmental political theory, and international political economy tend to evaluate the prospects of state-led environmental transitions in general terms – enquiring as to the capitalist state{\textquoteright}s inherent properties and their environmental implications. Less attention has been paid to how the state{\textquoteright}s green capacities are conditioned by contemporary evolutions in the form and pace of capital accumulation. Capitalism{\textquoteright}s directional pattern of historical development poses unique challenges for green state projects. Its drive to raise labour productivity metabolises nature on a growing scale, while generating conditions of overproduction and rendering a progressively larger portion of the population superfluous to the production process. Thus, the question is not simply whether the state can rise to the challenge of climate change, but rather how states are scrambling to govern the intersecting crises of climate catastrophe, economic stagnation, and surplus humanity. This {\textquoteleft}wicked trinity{\textquoteright} compounds the tensions at the heart of the capitalist state, resulting in an increasing inability to perform its role while sustaining its liberal form. This governance trilemma is illustrated by the case of the solar photovoltaic boom, where the spectacular increase in the productivity and scale of solar panel manufacturing have generated oversupply and falling profitability. States have reacted by indefinitely providing subsidies, financing automation technologies that exacerbate labour superfluity, and relocating solar panel manufacturing to places with authoritarian labour regimes. The case of photovoltaics is a microcosm of the general predicament faced by states as they struggle to govern capitalism{\textquoteright}s secular developmental tendencies.",
keywords = "Green state, Capitalist state, Environmental transition, Economic stagnation, Surplus populations, Solar panels",
author = "Ilias Alami and Jack Copley and Alexis Moraitis",
year = "2023",
month = feb,
day = "16",
doi = "10.1016/j.geoforum.2023.103691",
language = "English",
journal = "Geoforum",
issn = "0016-7185",
publisher = "Elsevier",

}

RIS

TY - JOUR

T1 - The ‘wicked trinity’ of late capitalism

T2 - Governing in an era of stagnation, surplus humanity, and environmental breakdown

AU - Alami, Ilias

AU - Copley, Jack

AU - Moraitis, Alexis

PY - 2023/2/16

Y1 - 2023/2/16

N2 - Scholars within the fields of political ecology, environmental political theory, and international political economy tend to evaluate the prospects of state-led environmental transitions in general terms – enquiring as to the capitalist state’s inherent properties and their environmental implications. Less attention has been paid to how the state’s green capacities are conditioned by contemporary evolutions in the form and pace of capital accumulation. Capitalism’s directional pattern of historical development poses unique challenges for green state projects. Its drive to raise labour productivity metabolises nature on a growing scale, while generating conditions of overproduction and rendering a progressively larger portion of the population superfluous to the production process. Thus, the question is not simply whether the state can rise to the challenge of climate change, but rather how states are scrambling to govern the intersecting crises of climate catastrophe, economic stagnation, and surplus humanity. This ‘wicked trinity’ compounds the tensions at the heart of the capitalist state, resulting in an increasing inability to perform its role while sustaining its liberal form. This governance trilemma is illustrated by the case of the solar photovoltaic boom, where the spectacular increase in the productivity and scale of solar panel manufacturing have generated oversupply and falling profitability. States have reacted by indefinitely providing subsidies, financing automation technologies that exacerbate labour superfluity, and relocating solar panel manufacturing to places with authoritarian labour regimes. The case of photovoltaics is a microcosm of the general predicament faced by states as they struggle to govern capitalism’s secular developmental tendencies.

AB - Scholars within the fields of political ecology, environmental political theory, and international political economy tend to evaluate the prospects of state-led environmental transitions in general terms – enquiring as to the capitalist state’s inherent properties and their environmental implications. Less attention has been paid to how the state’s green capacities are conditioned by contemporary evolutions in the form and pace of capital accumulation. Capitalism’s directional pattern of historical development poses unique challenges for green state projects. Its drive to raise labour productivity metabolises nature on a growing scale, while generating conditions of overproduction and rendering a progressively larger portion of the population superfluous to the production process. Thus, the question is not simply whether the state can rise to the challenge of climate change, but rather how states are scrambling to govern the intersecting crises of climate catastrophe, economic stagnation, and surplus humanity. This ‘wicked trinity’ compounds the tensions at the heart of the capitalist state, resulting in an increasing inability to perform its role while sustaining its liberal form. This governance trilemma is illustrated by the case of the solar photovoltaic boom, where the spectacular increase in the productivity and scale of solar panel manufacturing have generated oversupply and falling profitability. States have reacted by indefinitely providing subsidies, financing automation technologies that exacerbate labour superfluity, and relocating solar panel manufacturing to places with authoritarian labour regimes. The case of photovoltaics is a microcosm of the general predicament faced by states as they struggle to govern capitalism’s secular developmental tendencies.

KW - Green state

KW - Capitalist state

KW - Environmental transition

KW - Economic stagnation

KW - Surplus populations

KW - Solar panels

U2 - 10.1016/j.geoforum.2023.103691

DO - 10.1016/j.geoforum.2023.103691

M3 - Journal article

JO - Geoforum

JF - Geoforum

SN - 0016-7185

M1 - 103691

ER -