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Labor & Economy · Far Left

Capital Can Fund Endless War, But Cries Broke to Save Nature

When imperialist summits declare that cash is tight for biodiversity, remember who owns the mines and who pays the tab.

Stacks of coins increasing in height from left to right
Photo: Kamil / Unsplash
By Marcus Hale · Far Left·Sunday, November 1, 2026 at 11:02 AM·Edited by Vivienne Marchand

In the machine shops where I used to work the floor as a steward, there was always one miserable sort of foreman. He would let the coolant tanks fester until they reeked like a slaughterhouse, run the cutters until they threw sparks into the oily shavings, and then throw a temper tantrum if an apprentice asked for a five-dollar pair of safety glasses to keep from going blind. The machinery was treated as disposable, the hands operating it were treated as cheaper still, and the bottom line was sanctified. Looking at the latest dispatch from the international diplomatic circuit, where well-fed bureaucrats spent two weeks haggling over nature conservation only to throw their hands up because "money remains an issue," I see that same parasitic management logic writ across the entire face of the earth.

The diplomats will pat themselves on the back for signing paper agreements to halt the slaughter of ecosystems, but the bourgeois press immediately gives the game away: nobody wants to pay the tab. It is an insult to the intelligence of every working person alive. We are meant to believe that the global economic order—an apparatus that conjured tens of trillions of dollars out of thin air to bail out speculative banks and sustains a multi-trillion-dollar imperial war machine without blinking—simply cannot scrounge up the funds to stop the living biosphere from collapsing. The coffers are supposedly empty the second the question turns from private accumulation to the basic material conditions of life.

Antonio Gramsci warned us from a fascist prison cell that the crisis consists precisely in the fact that the old is dying and the new cannot be born, and that in this interregnum a great variety of morbid symptoms appear. What more morbid symptom could there be than this spectacle? On one side of the ledger, finance capital extracts trillions from the Global South through sovereign debt traps, resource theft, and hyper-exploited labor, gutting the lungs and waters of the planet. On the other side, those same predatory powers send delegations to air-conditioned convention centers to offer pennies on the dollar in "conservation aid," treating the repair of the planet like an optional charitable donation rather than a debt written in blood.

Marx spoke of the metabolic rift—the irremediable disruption caused by capitalist production to the complex interchange between human society and the natural world. Capital does not see an ancient forest or a wetland teeming with life; it sees unrealized surplus value waiting to be liquidated into exchange value. It drains the soil of its fertility just as it drains the worker of their nervous energy and muscle. You cannot solve a metabolic rift by setting up market mechanisms, biodiversity offsets, or green bonds. These financialized gimmicks are nothing more than Wall Street finding a new way to gamble on extinction, turning the dying remnants of the commons into an asset class for the very hedge funds that financed their destruction.

Ask any miner coughing up black lung in the Appalachian hollows, or any agricultural day-laborer picking fruit under a canopy of wildfire smoke, who suffers first when the ecology buckles. It is never the board of directors. The ruling class will retreat behind the gates of their climate-controlled redoubts, dining on imported beef while the working class chokes on dust and drowns in unseasonal floods. Environmentalism divorced from class struggle, divorced from the question of who owns the factories, the land, and the supply chains, is nothing more than bourgeois gardening. It is an aesthetic hobby for those who have never had grease under their fingernails.

The ruling class will never fund the salvation of a world they profit from gutting. They cannot do it because the law of value forbids it; capital must expand or die, even if that expansion burns the earth down to the bedrock. Real ecological restitution means canceling the imperialist debts that force developing nations to sacrifice their rivers and forests to satisfy Western creditors. It means nationalizing the fossil conglomerates and the agro-industrial monopolies without a dime of compensation to the speculators, putting those productive forces under the democratic control of the organized working class.

Until the working class across the globe organizes to rip the levers of production away from the parasitic class, these summits will remain what they have always been: a tragicomic pantomime. They negotiate the terms of our survival like bosses haggling over break times, hoping we will settle for crumbs while the ceiling caves in. The solution will not come from a diplomatic communique drafted by technocrats in the pocket of transnational capital. It will come from the collective, militant refusal of the global proletariat to let our planet be strip-mined for their quarterly returns.