Two intervals of the Phanerozoic stand out as times of biosphere-scale
revolution in the sense that biogeochemical cycles came under increas
ed control by organisms. These are the early Paleozoic (extending from
just before the Cambrian to the Middle Ordovician, a duration of abou
t 100 m.y.), characterized by the appearance of predators, burrowers,
and mineralized skeletons, and by the subsequent diversification of pl
anktonic animals and suspension-feeders; and the later Mesozoic (lates
t Triassic to mid-Cretaceous, a duration of somewhat more than 100 m.y
.), marked by a great diversification of predators and burrowers and b
y the rise of mineralized planktonic protists. This paper explores the
economic conditions that make such revolutions possible. I argue that
opportunities for innovation and diversification are enhanced when ra
w materials and energy are supplied at increasing rates, or when organ
isms gain greater access to these commodities through rising temperatu
res and higher metabolic rates. Greater per capita availability of res
ources enables populations to grow; lessens or alters ecological const
raints on functional improvement; makes possible the evolution of high
metabolic rates (large incomes), which in turn permit improvement in
each of several otherwise incompatible functions; and favors the estab
lishment and spread of daughter species arising through founder specia
tion. Reductions in productivity reinforce adaptational constraints an
d may bring about extinctions. Massive submarine volcanism, together w
ith-its associated phenomena of warming, sea-level rise, and widening
of warm-weather zones, is proposed to be the chief extrinsic trigger f
or the Phanerozoic revolutions. The later Mesozoic was characterized b
y continental rifting, which accompanied massive submarine volcanic er
uptions that produced large quantities of nutrients and carbon dioxide
. This activity began in the Late Triassic and peaked in the mid- to L
ate Cretaceous. The Early Cambrian was also a time of rifting and may
likewise have been marked by large-scale submarine volcanism. Continen
tal and explosive volcanism, weathering, and upwelling are other poten
tial means for increasing evolutionary opportunity, but their effects
are either local or linked directly or indirectly with cooling. Intens
e chemical weathering in the Early Cambrian, however, may have contrib
uted to the early Paleozoic revolution. The extrinsic stimulus was gre
atly amplified through positive feedback by the evolution of higher me
tabolic rates and other means for acquiring, trading, retaining, and r
ecycling resources more rapidly and from a wider range of environments
. Because these novelties usually require a high and predictable suppl
y of resources, their evolution is more likely when extrinsically cont
rolled supplies increase rather than when per capita availability is l
ow. In the view adopted here, the microevolutionary and microeconomic
market forces of competition and natural selection operate against a b
ackdrop of macroeconomic supply and demand. Resources are under both e
xtrinsic and intrinsic control. Positive and negative feedbacks link p
rocesses at the micro- and macroeconomic levels. This view complements
the genealogical and hierarchical conception of evolution by emphasiz
ing that the pattern of descent is influenced by resources and by mark
et forces operating at all scales of space and time.