01803nam a22002297a 4500 20261025214000.0 261025b |||||||| |||| 00| 0 eng d 9781836742272 : Technical Bureau India Pvt. Ltd. : 4794/23, Ansari Road, Daryaganj, New Delhi : TB2436 : 19/10/2026 330.122 MIT Mitchell, Timothy. The Alibi of Capital : How We Broke the Earth to Steal the Future on the Promise of a Better Tomorrow. / Timothy Mitchell. , New York : Verso , 2026. xi, 388p. : 24cm. 2378 Today, extraordinary wealth seems to arrive from nowhere. The trick of conjuring this unearned wealth is, in fact, the key to understanding capitalism's origins and a clue to why the catastrophe of climate collapse is upon us: value is created by consuming the future. The Alibi of Capital explains how this came about through the imperial expansion of the West, encumbering today's generations with repayments on earlier extractions. Timothy Mitchell identifies the forms of capitalisation, credit, and coercion that turn prospective assets into present income. Rejecting the common idea that claims on the future create only financial or fictitious capital, he traces the terraforming projects - the destruction of rivers, the colonising of territory, the expansion of infrastructure, and the burning of carbon - through which the future has been squandered. Terms such as finance, technology, the economy, and growth function as alibis that conceal this devastating form of extraction. Capitalism and environment Economic growth - Environmental aspects Fossil fuels - Economic aspects Timothy Mitchell. BOOK 70936 70936 0 0 ddc 0 1 SNUL SNUL 2026-10-25 Technical Bureau India Pvt Ltd. 2378.00 0 330.122 MIT 31936 2026-10-25 21:42:03 2026-10-25 BOOK