Ecological Crisis and the Tragedy of the Commodity

In a society organized around the logic of capital, human activities tend to be directed toward the production of commodities. That is, capitalism can be understood in a broad sense as a system of generalized commodity production. The institutional arrangements result in particular social arrangements and generate distinct types of human social action. The commodity serves as a basic unit to understand the larger culture-nature relations and capitalism itself. It is a base element of capitalist market processes. […] This fundamental tension between the necessity of quantitative expansion to sustain the economic relations and the qualitatively unsustainable ecological consequences marks the defining characteristic of the modern ecological crisis and the tragedy of the commodity.

http://climateandcapitalism.com/2015/07/21/ecological-crisis-and-the-tragedy-of-the-commodity–2/