In the fall of 2008, the United States was plunged into a financial crisis more severe than any since the Great Depression. As banks collapsed and the state scrambled to organize one of the largest transfers of wealth in history, many—including economists and financial experts—were shocked by the speed at which events unfolded.

In this new book, John Bellamy Foster and Fred Magdoff offer a bold analysis of the financial meltdown, how it developed, and the implications for the future. They examine the specifics of the housing bubble and the credit crunch as well as situate current events within a broader crisis of monopoly-finance capitalism—one that has been gestating for several decades. It is the "real" productive economy's tendency toward stagnation, they argue, that creates a need for capital to find ways to profitably invest its surplus. But rather than invest in socially useful projects that would benefit the vast majority, capital has constructed a financialized "casino" economy that neglects social needs and, as has become increasingly clear, is fatally unstable. Written over a two-year period immediately prior to the onset of the crisis, this timely and illuminating book is necessary reading for all those who wish to understand the current situation, how we got here, and where we are heading....

In the fall of 2008, the United States was plunged into a financial crisis more severe than any since the Great Depression. As banks collapsed and the state scrambled to organize one of the largest transfers of wealth in history, many—including economists and financial experts—were shocked by the speed at which events unfolded.

In this new book, John Bellamy Foster and Fred Magdoff offer a bold analysis of the financial meltdown, how it developed, and the implications for the future. They examine the specifics of the housing bubble and the credit crunch as well as situate current events within a broader crisis of monopoly-finance capitalism—one that has been gestating for several decades. It is the "real" productive economy's tendency toward stagnation, they argue, that creates a need for capital to find ways to profitably invest its surplus. But rather than invest in socially useful projects that would benefit the vast majority, capital has constructed a financialized "casino" economy that neglects social needs and, as has become increasingly clear, is fatally unstable. Written over a two-year period immediately prior to the onset of the crisis, this timely and illuminating book is necessary reading for all those who wish to understand the current situation, how we got here, and where we are heading....

Since the atomic bomb made its first appearance on the world stage in 1945, it has been clear that we possess the power to destroy our own planet. What nuclear weapons made possible, global environmental crisis, marked especially by global warming, has now made inevitable—if business as usual continues.

The roots of the present ecological crisis, John Bellamy Foster argues in The Ecological Revolution, lie in capital's rapacious expansion, which has now achieved unprecedented heights of irrationality across the globe. Foster compellingly demonstrates that the only possible answer for humanity is an ecological revolution: a struggle to make peace with the planet. Foster details the beginnings of such a revolution in human relations with the environment which can now be found throughout the globe, especially in the periphery of the world system, where the most ambitious experiments are taking place.

This bold new work addresses the central issues of the present crisis: global warming, peak oil, species extinction, world water shortages, global hunger, alternative energy sources, sustainable development, and environmental justice. Foster draws on a unique range of thinkers, including Karl Marx, Thomas Malthus, William Morris, Albert Einstein, Hannah Arendt, Rachel Carson, Vandana Shiva, and István Mészáros. The result is a startlingly radical synthesis, which offers new hope for grappling with the greatest challenge of our age: what must be done to save the earth for humanity and all living species.

Is the Teaching of Evolution to Be Banned in U.S. Public Schools? Is Science Once More to be Burned on the Cross? Will Creationism Win the 2,500 Year War with Materialism and Reason?

A critique of religious dogma historically provides the basis for rational inquiry into the physical and social world. Critique of Intelligent Design is a key to understanding the forces of irrationalism challenging the teaching of evolution in U.S. public schools and seeking to undermine the natural and social sciences. It illuminates the 2,500 year evolution of the materialist critique—the explanation of the world in terms of itself— from antiquity to the present through engaging the work of Socrates, Plato, Aristotle, Epicurus, Lucretius, Francis Bacon, Isaac Newton, David Hume, William Paley, Charles Darwin, Karl Marx, Sigmund Freud, Stephen Jay Gould, and numerous others (including contemporary advocates of 'intelligent design').

Proponents of intelligent design—creationism in a more subtle guise—have recently reignited the age-old war between materialism and creationism, in which they claim to elevate their doctrine to empirical truth and thus incorporate it into science curricula. They attack modern science, advancing a pseudo-scientific view and a reactionary political culture in line with their theology and what they perceive as a knowable moral order. They single out for criticism the greatest modern representatives of materialist-scientific thought: Darwin, Marx, and Freud.

Critique of Intelligent Design is a direct reply to the criticisms of intelligent design proponents and a compelling account of the long debate between materialism and religion in the West. It provides an overview of the contemporary fight concerning nature, science, history, morality, and knowledge. Separate chapters are devoted to the design debate in antiquity, the Enlightenment and natural theology, Marx, Darwin, and Freud, and to current scientific debates over evolution and design. It offers empowering tools to understand and defend critical and scientific reasoning in both the natural and social sciences and society as a whole.