ABSTRACT
This chapter interrogates the evolving relations between capital and nature to grasp the transformations of capitalist accumulation in the context of global climate crisis. It addresses these issues by examining the political ecology and labour implications of agrarian development trajectories in the context of the New Green Revolution for Africa understood as a particular field of experimentation for new production paradigms, such as climate-smart agriculture, green economy and bio-economy. The aforementioned paradigms reflect the furthering of nature industrialisation, where new processes of commodification, exploitation and appropriation are at stake, marked by the establishment of a bio-capitalistic mode of production. The chapter argues that these processes bear witness to a broader transformation of global capitalism marked by the reorganisation of the boundaries between productive and reproductive value, the strengthening of the colonial extractivist model and a further casualisation of rural labour driven by financialisation, indebtedness and bio-labour. Following this, in the conclusions, the chapter also proposes some insights for a re-actualisation of Marx’s labour theory of value in the context of the current nature accumulation.
