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Podcast: New Books in Economics
Episode: Alyssa Battistoni, "Free Gifts: Capitalism and the Politics of Nature" (Princeton UP, 2025)
Description: Capitalism is typically treated as a force for relentless commodification. Yet it consistently fails to place value on vital aspects of the nonhuman world, whether carbon emissions or entire ecosystems. In Free Gifts, Alyssa Battistoni explores capitalism’s persistent failure to value nature, arguing that the key question is not the moral issue of why some kinds of nature shouldn’t be commodified, but the economic puzzle of why they haven’t been. To understand contemporary ecological problems from biodiversity collapse to climate change, she contends, we have to understand how some things come to have value under capitalism—and how other...