Abstract
World-systems scholars are increasingly engaged in issues at the intersection of ecological and economic concerns since the proliferation of debates on the Anthropocene. Recently, the alternative concept of Capitalocene—age of Capital—has emerged to draw attention to the world-ecological disruption of capitalism founded on cheap nature appropriation at ever-emerging extraction zones. This paper extends these discussions to the oceanic frontier, as the latest trend in the abstraction of value from the environment. Based on original archival research conducted in the context of a larger ethnographic project on the politics of industrial desalination—creating potable water from the sea—the article analyzes how this practice emerged in two phases. First, the Cold War opened the ocean as a commodity frontier during the pax Americana. Then, when this technopolitical agenda stagnated, financialization techniques were deployed to appropriate seawater, utilizing a mode of financial engineering—desalination via financialization reinstates the cultural hegemony of the Capitalocene that privileges infrastructure for water supply management solutions. As such, the article highlights the co-production of nature with financial capitalism.
Publisher
University Library System, University of Pittsburgh
Subject
Political Science and International Relations,Sociology and Political Science
Cited by
15 articles.
订阅此论文施引文献
订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献