Capital As Power – Toward a New Cosmology of Capitalism

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Has Wealth Gone Digital?
by Blair Fix on May 27, 2020 at 8:22 pm
Originally published on Economics from the Top Down. A revolution is underway around us and it’s called the digital. And it’s changing everything. More than 80% of wealth is now non-material. — Charles Foran in Just don’t say his name: the modern left on Karl Marx’s […]
An Evolutionary Theory of Resource Distribution (Part 3)
by Blair Fix on March 1, 2020 at 8:52 am
Originally published on Economics from the Top Down. When it comes to earning income in a hierarchy, it’s not what you know that matters. It’s who you control. This was the provocative idea that I proposed in Part 2 of this series on an evolutionary theory of resource distribution. In […]
An Evolutionary Theory of Resource Distribution (Part 2)
by Blair Fix on February 21, 2020 at 7:00 pm
Originally published on Economics from the Top Down. A 25% chance. That’s the likelihood that when I tell someone I’m searching for a job, they’ll say: Remember, Blair … to land a job, it’s not what you know that matters. It’s who you know. OK, maybe I’m […]

Economic Development and the Death of the Free Market
on May 28, 2020 at 3:11 am
Economic Development and the Death of the Free Market Fix, Blair. (2020). Working Papers on Capital as Power. No. 2020/01. May. pp. 1-59. (Article - Working Paper; English).
The Tax Advantage of Big Business: How the Structure of Corporate Taxation Fuels Concentration and Inequality
on March 22, 2020 at 4:54 pm
The Tax Advantage of Big Business: How the Structure of Corporate Taxation Fuels Concentration and Inequality Hager, Sandy Brian and Baines, Joseph. (2020). Politics & Society. 17 March. (Article - Journal; English).
Disobedient Things: The Deepwater Horizon Oil Spill and Accounting for Disaster
on March 20, 2020 at 4:34 am
Disobedient Things: The Deepwater Horizon Oil Spill and Accounting for Disaster Cochrane, DT. (2020). Valuations Studies. Vol. 7. No. 1. March. pp. 3-32. (Article - Journal; English).

Hager and Baines: ‘The Tax Advantage of Big Business’
by Blair Fix on February 10, 2020 at 9:10 am
ABSTRACT Corporate concentration in the United States has been on the rise in recent years, sparking a heated debate about its causes, consequences, and potential remedies. In this study, we examine a facet of public policy that has been largely neglected in current debates about concentration: […]
Bichler and Nitzan, 'Making America Great Again'
by Blair Fix on December 11, 2019 at 4:49 pm
ABSTRACT Trump has promised to Make America Great Again. As a self-proclaimed expert on everything of import, he knows exactly how to increase domestic investment and consumption, boost exports, reduce the country’s trade deficit, expand employment and bolster wages. And as America’s […]
Fix, 'An Evolutionary Theory of Resource Distribution'
by Blair Fix on December 9, 2019 at 7:07 pm
ABSTRACT This paper explores how the evolution of human sociality can help us understand how we distribute resources. Using ideas from sociobiology, I argue that resource distribution is marked by a tension between two levels of natural selection. At the group level, selfless behavior is […]

Research • Still in the Danger Zone
by Jonathan Nitzan on January 14, 2020 at 7:58 pm
Statistics: Posted by Jonathan Nitzan — Tue Jan 14, 2020 2:58 pm
Political Economy • Re: Monthly Review cites Fix
by uma on January 8, 2020 at 12:30 pm
A summary of Kolakowski's critique of Marxism can be found in his article , in: First Things, Oct. 2002.You will note that he holds up the distinction of politics and economics and generally argues from a conservative point of view. But this does not invalidate his criticism of Marxism.Statistics: Posted by uma — Wed Jan 08, 2020 7:30 am
Political Economy • Re: Monthly Review cites Fix
by uma on January 8, 2020 at 10:25 am
Having read the three volumes now, I can very much recommend Kolakowski, Main Currents of Marxism. Apart from its stylistic excellence as the author "distills thought until he can state it in broad terms and accessible language and with almost no qualifiers" (to quote Daniel) this is your one-stop reading about all of Marxism from "The Founders" […]

2020/01: Fix, ‘Economic Development and the Death of the Free Market’
by Blair Fix on May 27, 2020 at 9:10 pm
ABSTRACT Free markets are, according to neoclassical economic theory, the most efficient way of organizing human activity. The claim is that individuals can benefit society by acting only in their self interest. In contrast, the evolutionary theory […]
2019/02.1: Fix, 'How the Rich are Different: Hierarchical Power as the Basis of Income Size and Class'
by Sandy Hager on November 29, 2019 at 12:16 pm
This paper investigates a new approach to understanding personal and functional income distribution. I propose that hierarchical power — the command of subordinates in a hierarchy — is what distinguishes the rich from the poor and […]
2019/04: Hager and Baines, 'Jurisdictional Tax Rates: How the Corporate Tax System Fuels Concentration and Inequality'
by Sandy Hager on November 14, 2019 at 3:37 pm
ABSTRACT Corporate concentration in the United States has been on the rise in recent years, sparking a heated debate about its causes, consequences, and potential remedies. In this study, we examine a facet of public policy that has been largely […]

The Autocatalytic Sprawl of Pseudorational Mastery
by Blair Fix on October 8, 2019 at 6:04 pm
Vol 1, No. 4, 2019 Martin, Ulf (2019), ‘The Autocatalytic Sprawl of Pseudorational Mastery‘ (PDF), Review of Capital as Power, Vol. 1, No. 4, pp. 1-30.
Propertization: The Process by which Financial Corporate Power has Risen and Collapsed
by Blair Fix on October 8, 2018 at 6:02 pm
Vol 1, No. 3, 2018 Kim, Jongchul, (2018), ‘Propertization: The Process by which Financial Corporate Power has Risen and Collapsed‘ (PDF), Review of Capital as Power, Vol. 1, No. 3, pp. 58‐82.
Theory and Praxis, Theory and Practice, Practical Theory
by Blair Fix on October 8, 2018 at 5:59 pm
Debailleul, Corentin, Shimshon Bichler and Jonathan Nitzan (2018), ‘Theory and Praxis, Theory and Practice, Practical Theory‘ (PDF), Review of Capital as Power, Vol. 1, No. 3, pp. 40-57.