What’s New
Jerry Cayford Originally published here A conversation, eighty-some years ago, shaped our world today. The conversation was among three papers in economics. In 1939, Nicholas Kaldor and John Hicks published papers that steered economics through …
Originally published at Economics from the Top Down Blair Fix One of the challenges of studying the past is that time has a maddening way of erasing evidence. Take the origin of life — the …
Manuscripts Don’t Burn SHIMSHON BICHLER and JONATHAN NITZAN September 2023 Keywords censorship, ideology, marxism, neoliberalilsm, peer review, plagiarism Citation Bichler, Shimshon, and Nitzan, Jonathan. 2023. ‘Manuscripts Don’t Burn’. Review of Capital as Power, Vol. 2, …
The Capital as Power Approach An Invited-then-Rejected Interview with Shimshon Bichler and Jonathan Nitzan SHIMSHON BICHLER and JONATHAN NITZAN September 2023 Keywords capital accumulation, capitalization, interview, Marxism, modes of power, stagflation, systemic fear, value theory …
Originally published at pluralistic.net Reproduced under a Creative Commons Attribution 4.0 license Cory Doctorow “Political economy” may sound like an obscure technical matter, but it’s a really very simple (and incredibly important) idea: That the …
Abstract Israel’s ongoing crisis – or ‘judicial coup’ in popular parlance – has elicited two opposite responses. The first comes from global rating agencies, economists and investment strategists who see Israel’s country risk rising. The …
Review of Capital as Power (RECASP)
Manuscripts Don’t Burn SHIMSHON BICHLER and JONATHAN NITZAN September 2023 Keywords censorship, ideology, marxism, neoliberalilsm, peer review, plagiarism Citation Bichler, Shimshon, and Nitzan, Jonathan. 2023. ‘Manuscripts Don’t Burn’. Review of Capital as Power, Vol. 2, …
The Capital as Power Approach An Invited-then-Rejected Interview with Shimshon Bichler and Jonathan Nitzan SHIMSHON BICHLER and JONATHAN NITZAN September 2023 Keywords capital accumulation, capitalization, interview, Marxism, modes of power, stagflation, systemic fear, value theory …
The Business of Strategic Sabotage SHIMSHON BICHLER and JONATHAN NITZAN January 2023 Abstract In a recent article, Nicolas D. Villarreal claims that our empirical analysis of the relation between business power and industrial sabotage in …
Pensions and Power The Political and Market Dynamics of Public Pension Plans ERALD KOLASI June 2022 Abstract This paper uses the theory of ‘capital as power’ to analyze the struggle over public pensions in the …
Costly Efficiencies Healthcare Spending, COVID-19, and the Public/Private Healthcare Debate CHRIS MOURÉ May 2022 Abstract Proponents of private healthcare often claim that the private sector is more ‘efficient’ at delivering healthcare services. This paper tests …
Hype The Capitalist Degree of Induced Participation YURI DI LIBERTO April 2022 Abstract Power is usually considered as either a ‘positive’ or ‘negative’ construct, as in the power to force action versus the power to …
Blog
Jerry Cayford Originally published here A conversation, eighty-some years ago, shaped our world today. The conversation was among three papers in economics. In 1939, Nicholas Kaldor and John Hicks published papers that steered economics through …
Originally published at Economics from the Top Down Blair Fix One of the challenges of studying the past is that time has a maddening way of erasing evidence. Take the origin of life — the …
Originally published at pluralistic.net Reproduced under a Creative Commons Attribution 4.0 license Cory Doctorow “Political economy” may sound like an obscure technical matter, but it’s a really very simple (and incredibly important) idea: That the …
Regan Boychuk Green Party of Alberta energy critic Author’s note Extraordinary claims require extraordinary evidence. The suggestion that a semi-secret conspiracy of racists transferred imperial control of Canada from the British to the Americans on …
Daniel Baryon Originally published at libcom.org Author’s Note The following is the script of the video I published on my channel Anark. If you would like to watch that video, it is here Minor edits …
Originally published at Wealth Economics Steve Roth Following the community of Socks (?s) or “social democrats” out there on the interwebs (this is definitely my economic tribe), in articles, and in books, there’s a particular …
Publications
Abstract This essay opposes the idea that contemporary critical events like pandemics, global warming, environmental deterioration, et cetera, are to be considered as affecting humanity in a uniform way. Instead of seeing these phenomena like …
Abstract Este artículo intenta sentar las bases para una comprensión de los precios radicalmente diferente a como los entiende el pensamiento económico tradicional. Tras revisar algunos aspectos relevantes de la crítica a la teoría del …
Abstract This paper builds an empirical and theoretical model to analyze how the financial goal of risk reduction changed the insides of Hollywood’s star system. For the moviegoer looking at Hollywood cinema from the outside, …
Abstract Rapid technological change is often touted as a fundamental reality of capitalist societies. It is also presented as concrete evidence for the supposed progressive improvement of material well-being that characterises the capitalist system of …
Abstract Od głodu i biedy po zwykłe marnotrawstwo i nawracające fale przeróżnych kryzysów – to nie niepożądane skutki uboczne kapitalizmu, ale przejawy sabotażu. Bo nic nie utrwala władzy kapitału skuteczniej niż istnienie szerokiej rzeszy ludzi, …
Abstract Capitalizing a Cure takes readers into the struggle over a medical breakthrough to investigate the power of finance over business, biomedicine, and public health. When curative treatments for hepatitis C launched in 2013, sticker …
Working Papers on Capital as Power
Abstract Israel’s ongoing crisis – or ‘judicial coup’ in popular parlance – has elicited two opposite responses. The first comes from global rating agencies, economists and investment strategists who see Israel’s country risk rising. The …
Abstract This paper is part of a dialogue with Blair Fix on how inflation redistributes income between creditors and workers and the way in which monetary policy affects this process. In his 2023 paper, ‘Inflation! …
Abstract Marxists love to hate the theory of capital as power, or CasP for short. And they have two good reasons. First, CasP criticizes the logical and empirical validity of the labour theory of value …
Abstract This paper builds an empirical and theoretical model to analyze how the financial goal of risk reduction changed the insides of Hollywood’s star system. For the moviegoer looking at Hollywood cinema from the outside, …
Abstract Neoclassical economics is the official scientific underpinning of capitalism as well as its main ideological defence, and according to Keen, it fails in both tasks. Contrary to received opinion, neoclassicism cannot explain capitalism – …
Abstract This note offers some speculative ideas worth considering. One of the key features of all hierarchical civilizations is their rulers’ fear of death. This fear was famously narrated in the ancient myth of Gilgamesh …
Forum
Jonathan Nitzan
Nice be so highly graded, if only among the non-sequiturers!
Scot Griffin
Sterling non sequitur. A+++.
Jonathan Nitzan
The tail that wags the dog? The accumulation of ‘actual’ capital is counted in backward-looking labour time, while the confidence of the accumulators relies on the forward-looking ‘fiction’ of credit (or the other way around). …
Scot Griffin
From The Class Struggles in France: 1849-1850: Both public credit and private credit were, of course, shaken. Public credit is based on the confidence that the state will allow itself to be exploited by …
Rowan Pryor
I guess this comes under the heading of preparing theory for the day it is required. Compared to human life spans, history can move slowly. It’s like the old joke though. How did you go …
Jonathan Nitzan
1. It would be nice to offer solutions, but first we need to convince our audience there is a problem. We have been trying to do so for over 40 years, and truth be told, …
Bichler & Nitzan Archives
- Manuscripts Don't Burnon September 13, 2023
Manuscripts Don't Burn Bichler, Shimshon and Nitzan, Jonathan. (2023). Review of Capital as Power. No. 2. September. pp. 175-189. (Article - Journal; English).
- The Capital As Power Approach. An Invited-then-Rejected Interview with Shimshon Bichler and Jonathan Nitzanon September 13, 2023
The Capital As Power Approach. An Invited-then-Rejected Interview with Shimshon Bichler and Jonathan Nitzan Bichler, Shimshon and Nitzan, Jonathan. (2023). Review of Capital as Power. Vol. 2. No. 2. September. pp. 96-174. (Article - Journal; English).
- From Operation Warp Speed to TRIPS. Vaccines as Assetson September 10, 2023
From Operation Warp Speed to TRIPS. Vaccines as Assets Andersen, Tatiana. (2022). In Covid-19 and the Global Political Economy. Crises in the 21st Century. Edited by Di Muzio, Tim and Dow, Matt. Abingdon, Oxon and New York, NY. Routledge, pp. 122-135. (Book Chapter; English).
- המהפכה המשטרית" וקבוצות ההון הדומיננטיות" (Regime Change and Dominant Capital)on September 9, 2023
המהפכה המשטרית" וקבוצות ההון הדומיננטיות" (Regime Change and Dominant Capital) Nitzan, Jonathan and Bichler, Shimshon. (2023). September. pp. 1-19. (Article - Working Paper; Hebrew).
- Billionaires are so Predictableon September 3, 2023
Billionaires are so Predictable Fix, Blair. (2023). Economics from the Top Down. 3 September. pp. 1-30. (Article - Magazine; English).
- חשבתי שאטוס לדמשק ואעשה שינוי: אודי אדיב והמהפכה שלא היתה (I Thought I Would Fly to Damascus and Bring Change: Udi Adiv and the Revolution that Never Was)on August 31, 2023
חשבתי שאטוס לדמשק ואעשה שינוי: אודי אדיב והמהפכה שלא היתה (I Thought I Would Fly to Damascus and Bring Change: Udi Adiv and the Revolution that Never Was) Bichler, Shimshon and Nitzan, Jonathan. (2023). Mekomit. 30 August. (Review; Hebrew).