Theories of environmental decay: A radical view

There are many books that review the studies on the environment. One of the better ones is Donald N. Thompson,The Economics of Environmenta Protection, (Cambridge: Wintrop Publishers, Inc., 1973) - For one of the radical views, see Barry Weisberg,Beyond Repair: The Ecology of Capitalism (Goston: Beacon Press, 1971). See, for instance, Allen V. Kneese, “Environmental Pollution: Economics and Policy,”American Economic Review (May 1971). For some of these reports: Marshall I. Goldman, “The Convergence of Environmental Disruption,”Science, No. 170 (October 2, 1970). Karl Marx,Capital: A Critique of Political Economy (New York: The Modern Library) Vol.I, p. 56.1966) Kar Marx,Capital: A Critique of Political Economy (New York: International Publishers) Vol.III, p. 101.1966) Marx,Capital, Vol. I, p. 271. Ibid., p. 721. Marx,Capital, Vol. III, p. 245. Marx,Capital, Vol. III, p. 245. Theories of value based upon costs of production and without demand as an element have been given renewed life with Piero Sraffa's,Production of Commoditios by Means of Commodities, (Cambridge, England: Cambridge University Press, 1960). Karl Marx,Grundrisse: Foundation of the Critique of Political Economy translated with a foreword by Martin Nicolaus. (New York: Random House) Karl Marx,Economic Philosophic Manuscripts of 1844 (New York: International Publishers) p. 112. Ibid. Ibid. Ibid., p. 112–13. Ibid., p. 114. Fred Gottheil,Narx's Economic Prediction (Evanston: Northwestern University Press, 1966). Joan Robinson,An Essay on Marxian Economies (New York: St. Martin's Press, 1966). Interestingly enough, the concept of diminishing marginal productivity of capital could be considered a theory of declining profit rates.