000			01803nam a22002297a 4500
005			20261025214000.0
008			261025b |||||||| |||| 00| 0 eng d
020			_a9781836742272
028			_a: Technical Bureau India Pvt. Ltd. _b: 4794/23, Ansari Road, Daryaganj, New Delhi _c: TB2436 _d: 19/10/2026
082			_a330.122 MIT
100			_aMitchell, Timothy.
245			_aThe Alibi of Capital _b: How We Broke the Earth to Steal the Future on the Promise of a Better Tomorrow. _c/ Timothy Mitchell.
260			_a, New York _b: Verso _c, 2026.
300			_axi, 388p. _c: 24cm.
365			_b2378
520			_aToday, 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.
650			_aCapitalism and environment
650			_aEconomic growth - Environmental aspects
650			_aFossil fuels - Economic aspects
700			_aTimothy Mitchell.
942			_cBOOK
999			_c70936 _d70936