Blog
- Can the World Get Along Without Natural Resources?March 29, 2021 5:04 pm
If it is very easy to substitute other factors for natural resources, then there is in principle no “problem”. The world can, in effect, get along without natural resources. — …
- Big money, nuclear subsidies, and systemic corruptionFebruary 12, 2021 3:30 pm
By Cassandra Jeffery1 and M. V. Ramana2 The “largest bribery, money-laundering scheme ever perpetrated against the people and the state of Ohio” came to light during an unexpected press conference …
- GameStop Capitalism: Wall Street vs. The Reddit Rally (Part 1)February 5, 2021 1:06 pm
Tim Di Muzio1 PDF version available here The phrase, ‘there’s a sucker born every minute’ is typically attributed to the American showman, P.T. Barnum and was made infamous since the …
BN Archives
- The Rise of Human Capital Theoryon March 31, 2021 at 3:50 am
The Rise of Human Capital Theory Fix, Blair. (2021). Real-World Economics Review. No. 95. March. pp. 29-41. (Article - Journal; English).
- Varieties of Top Incomeson March 31, 2021 at 3:12 am
Varieties of Top Incomes Hager, Sandy Brian. (2020). Socio-Economic Review. Vol. 18. No. 4. pp. 1175-1198. (Article - Journal; English).
- Power: Don't Mention Iton March 30, 2021 at 5:30 am
Power: Don't Mention It Fix, Blair. (2021). The Mint Magazine. 28 March. (Article - Magazine; English).
Publications
- Fix: ‘The Rise of Human Capital Theory’March 29, 2021 5:22 pm
ABSTRACT Today, human capital theory dominates the study of personal income. But this has not always been so. In this essay, I chart the rise of human capital theory, and …
- Bichler and Nitzan, ‘Unbridgeable: why political economists cannot accept capital as power’March 24, 2021 12:27 pm
ABSTRACT The theory of capital as power (CasP) is radically different from conventional political economy. In the conventional view, mainstream as well as heterodox, capital is seen a ‘real’ economic …
- Lucas, ‘Risking the earth, parts 1 and 2’February 9, 2021 10:00 am
ABSTRACT This two-part paper details the arguments and evidence that have been marshalled by both climate scientists and social scientists to critique the current procedures and methodologies deployed by the …
Critical Mass Forum
- Reply To: Profit and Perfect KnowledgeApril 6, 2021 7:11 am
JN—I sort of rejected reading your reply to a rejection because 1) it was 71 pages (someone ‘dogmatically’ into MMT rejected reading my 4 paragraph reply to one his posts …
- Reply To: Vehicles vs. manifestations of powerApril 5, 2021 9:44 pm
Interesting find! From a quick look, an analytical separation between economics and politics lurks at the bottom of the argument. In my opinion, I find this is what bothers me …
- Vehicles vs. manifestations of powerApril 5, 2021 12:53 pm
In ‘Oligarchy in the United States?’ (2009), Winters and Page offer CasP-like personal power indicators based on relative income & wealth. They treat them as *vehicles* of political power, whereas …
- Reply To: Profit and Perfect KnowledgeApril 5, 2021 6:44 am
ishi crew wrote:From my brief glance I’m sort of surprised CASP doesnt appeared to have been reviewed much by some people in the field For more on the relationship of …
Working Papers
- 2021/03: Bichler and Nitzan, ‘The 1-2-3 Toolbox of Mainstream Economics: Promising Everything, Delivering Nothing’March 15, 2021 4:02 pm
ABSTRACT We write this essay for both lay readers and scientists, though mainstream economists are welcome to enjoy it too. Our subject is the basic toolbox of mainstream economics. The …
- 2021/02: Fix, ‘Living the good life in a non-growth world: Investigating the role of hierarchy’February 10, 2021 12:45 pm
ABSTRACT Humanity’s most pressing need is to learn how to live within our planet’s boundaries — something that likely means doing without economic growth. How, then, can we create a …
- 2021/01: Mouré, ‘Soft-wars: The Differential Trajectories of Google and Microsoft – a Capital as Power Analysis’February 10, 2021 12:26 pm
ABSTRACT FROM THE ARTICLE: According to the capital as power framework, pecuniary earnings, or profits, are a symbolic representation of the struggle for power between different capitalist groups. In this …
RECASP Journal
- Differential Taxation: The Case of American BankingSeptember 10, 2020 8:07 pm
Mladen Ostojić Abstract This paper maps an empirical history of corporate profit and taxation in the United States, with a special focus on the differential profit and taxation of banks …
- Growing Through SabotageSeptember 7, 2020 12:55 pm
Shimshon Bichler and Jonathan Nitzan Abstract According to the theory of capital as power, capitalism, like any other mode of power, is born through sabotage and lives in chains — …
- The Autocatalytic Sprawl of Pseudorational MasteryOctober 8, 2019 6:04 pm
Ulf Martin Abstract According to Jonathan Nitzan and Shimshon Bichler (2009), capital is not an economic quantity, but a mode of power. Their fundamental thesis could be summarized as follows: …