What’s New
2026-02-17
Abstract This paper investigates the timing of labour strikes in Hollywood. The occurrence of strikes, such as the WGA and SAG-AFTRA strikes in 2023, can make sense when we have the hindsight to piece together …
2026-01-07
Abstract This paper presents a theoretical approach to the study of power in energy transitions that builds upon Capital as Power (CasP) theory and the critique of neoclassical growth theory. The approach integrates an understanding …
2026-01-02
Abstract The study of energy transition is crucial to confronting the risks of climate change. However, it lacks a methodical approach to understanding relations of capitalist power, energy regime, and transitional dynamics. This study offers …
2025-09-11
Abstract This article traces the shifting fortunes of for-profit psychedelic medicine through two phases: a boom from 2016 to late 2021, followed by a bust that continued through late 2024. It argues that the forces …
2025-08-12
Originally published at notes on cinema James McMahon To most of us, the beating heart of Hollywood film and TV is where we imagine it is supposed to be, in the historical studio lots of …
2025-07-18
Abstract This paper tries to answer the question: in what ways does the logic of capital accumulation shape the organization of hospital care in the US – a sector characterized by a preponderance of both …
Review of Capital as Power (RECASP)
2025-02-24
Capital as Power in the 21st Century A Conversation MICHAEL HUDSON, JONATHAN NITZAN, TIM DI MUZIO, and BLAIR FIX February 2025 Abstract On December 3, 2024, Michael Hudson met with capital-as-power researchers Jonathan Nitzan, Tim …
2023-09-12
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, …
2023-09-12
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 …
2023-01-17
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 …
2022-06-23
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 …
2022-05-03
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 …
Blog
2026-02-17
Abstract This paper investigates the timing of labour strikes in Hollywood. The occurrence of strikes, such as the WGA and SAG-AFTRA strikes in 2023, can make sense when we have the hindsight to piece together …
2025-08-12
Originally published at notes on cinema James McMahon To most of us, the beating heart of Hollywood film and TV is where we imagine it is supposed to be, in the historical studio lots of …
2025-05-14
Regan Boychuk British, American, and Russian elites planned global domination through one great war a century ago, but it did not quite work out. Instead, today we approach a third world war to avoid democracy …
2025-05-02
Originally published at pluralistic.net Reproduced under a Creative Commons Attribution 4.0 license Cory Doctorow You know how “realist” has become a synonym for “asshole?” As in, “I’m not a racist, I’m just a ‘race realist?'” …
2025-04-09
Originally published at notes on cinema James McMahon I will be presenting at the Society for Cinema and Media Studies (SCMS) conference on Friday, April 4 at 6PM. Here is the chart book for the …
2024-08-20
Coda to the 6-part series Alberta’s Rockefeller Coups Regan Boychuk Since a small and relatively weak people living alongside a great and powerful people necessarily devotes much time to study and observation of its large …
Publications
2026-01-07
Abstract This paper presents a theoretical approach to the study of power in energy transitions that builds upon Capital as Power (CasP) theory and the critique of neoclassical growth theory. The approach integrates an understanding …
2025-09-11
Abstract This article traces the shifting fortunes of for-profit psychedelic medicine through two phases: a boom from 2016 to late 2021, followed by a bust that continued through late 2024. It argues that the forces …
2025-04-02
Abstract An early analysis of the imperialist implications of the surge of global commodity prices was conducted in 2014 by Jonathan Nitzan and Shimshon Bichler. However, their analysis did not consider how the US monetary …
2025-03-24
Abstract National champion policies in BRICS countries pose challenges for governance in global meat processing markets as they increase concentration, reduce competition and enhance corporate power in food systems. We investigate the degree to which …
2025-03-03
Abstract El 3 de diciembre de 2024, Michael Hudson se reunió con los investigadores del capital como poder Jonathan Nitzan, Tim Di Muzio y Blair Fix para discutir las intersecciones entre sus dos líneas de …
2024-12-16
Abstract Our recent article on ‘The Road to Gaza’ examined the history of the three supreme-God churches and the growing role of their militias in armed conflicts and wars around the world. The present paper …
Working Papers on Capital as Power
2025-07-18
Abstract This paper tries to answer the question: in what ways does the logic of capital accumulation shape the organization of hospital care in the US – a sector characterized by a preponderance of both …
2025-03-06
Abstract This study examines the declining usage lifespan of household consumer durables in the United States between 1970 and 2018, situating the phenomenon within a heterodox political economy framework. While mainstream economic narratives attribute the …
2024-08-19
Abstract Our recent article on ‘The Road to Gaza’ examined the history of the three supreme-God churches and the growing role of their militias in armed conflicts and wars around the world. The present paper …
2024-08-15
Abstract Much of the economic analysis of banking crises focuses on the interplay between concentration and stability. A common theory is that concentration is associated with greater stability, whereas competition is associated with instability. In …
2024-08-14
Abstract Hager’s project examines the historical development of US public debt ownership and its political implications. His main innovation is to approach the topic from the perspective of disaggregated social class and frame questions of …
2024-08-13
Abstract The war that started in 2023 between Hamas and Israel is driven by various long-lasting processes, but it also brings to the fore a new cause that hitherto seemed marginal: the armed militias of …
Forum
2026-01-18
Jonathan Nitzan
Jonathan Nitzan
A very enlightening and accessible exposition, Blair. Thank you. This reply was modified 1 month ago by Jonathan Nitzan. …
2026-01-15
Blair Fix
Blair Fix
For what it’s worth, in physics, the dark-matter hypothesis seems to have become a degenerative research program. I wrote about it here: https://economicsfromthetopdown.com/2026/01/15/an-unfolding-scientific-revolution-in-cosmology/ Regardless of the discipline, the appeal to unobserved quantities seems to have …
2025-12-05
Jonathan Nitzan
Jonathan Nitzan
Yes, corporate delisting is ongoing, but it isn’t clear that ‘private capital’ is replacing or overpowers ‘listed capital’. According to Siblis Research (https://siblisresearch.com/data/us-stock-market-value/), between 2012 and 2024, U.S. stock market capitalization more than tripled — …
2025-12-01
max gr
max gr
“Private capital, defined by the bank as assets not available on public markets, includes private equity, private credit and real assets. It has multiplied at a staggering pace, more than doubling since 2012 to $22 …
2025-08-17
Jonathan Nitzan
Jonathan Nitzan
A few days ago, I discovered that my domain-name provider (https://networksolutions.com) was about to renew my subscription for ‘Domain Privacy + Protection’, to the tune of $17.24 + taxes (roughly double last year’s charges). I …
2025-04-22
Jonathan Nitzan
Jonathan Nitzan
Keynes considered the accumulation urge useful in bringing humanity to a state of material bliss, after which it would be recognized for what it was — a pathological condition befitting the psychiatrist couch. Had he …
Bichler & Nitzan Archives
2026-01-27
Sandy Brian Hager
Sandy Brian Hager
Ketamine’s rise from anaesthetic to antidepressant is often celebrated as a psychiatric breakthrough. This piece instead shows how the commercialization of mental-health treatment is shaped by struggles over profit and control rather than by patient …
2026-01-15
Blair Fix
Blair Fix
Whenever I get tired of the insanity of human politics (which is all the time these days), I read about astrophysics and cosmology. What I like about this field is that it’s perhaps the most …
2026
Jonathan Nitzan & Shimshon Bichler
Jonathan Nitzan & Shimshon Bichler
הסיבה הישירה למלחמה בעזה ידועה לכול אדם נאור והיא מסתכמת במילים פשוטות: הכיבוש הישראלי המתמשך שגורם להתפרצויות מרי מחזוריות. אם מחפשים סיבות ארוכות טווח יותר, אף הן מסתכמות במילים פשוטות: הקולוניזציה הציונית …
2024-06
Tia Levi & Emil Israel
Tia Levi & Emil Israel
This paper presents a theoretical approach to the study of power in energy transitions that builds upon Capital as Power (CasP) theory and the critique of neoclassical growth theory. The approach integrates an understanding of …
2025-08
Tia Levi
Tia Levi
The study of energy transition is crucial to confronting the risks of climate change. However, it lacks a methodical approach to understanding relations of capitalist power, energy regime, and transitional dynamics. This study offers a …
2025-12-20
Jonathan Nitzan & Shimshon Bichler
Jonathan Nitzan & Shimshon Bichler
התרשימים המוצגים בהרצאה …