What’s New
Abstract This chapter examines the political economy of biopharmaceutical innovation, focusing primarily on vaccines in the Covid-19 pandemic. This analysis aims to make visible the deep entanglements that entrench an extractive and dysfunctional innovation ecosystem, …
Originally published at Economics from the Top Down Blair Fix A few months ago I received an intriguing email from researcher and activist Regan Boychuk. For the past 15 years, Boychuk has been studying the …
Originally published at notes on cinema James McMahon Around the time of this post, SAG-AFTRA and the Alliance of Motion Picture and Television Producers (AMPTP) produced a tentative agreement in their 2023 negotiations. The SAG-AFTRA …
Abstract The 2023 war between Hamas and Israel elicits many different explanations. As with previous regional hostilities, here too, the pundits and commentators have numerous overlapping processes to draw on – from the struggle between …
Originally published at pluralistic.net Reproduced under a Creative Commons Attribution 4.0 license Cory Doctorow If you’ve never had a fight over the phrase “intellectual property,” count yourself lucky, you normie, you. In the land of …
Originally published at notes on cinema James McMahon Missed Part 1? You should start here. Author’s note: Around the time of this post, the WGA and the Alliance of Motion Picture and Television Producers (AMPTP) …
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
Originally published at Economics from the Top Down Blair Fix A few months ago I received an intriguing email from researcher and activist Regan Boychuk. For the past 15 years, Boychuk has been studying the …
Originally published at notes on cinema James McMahon Around the time of this post, SAG-AFTRA and the Alliance of Motion Picture and Television Producers (AMPTP) produced a tentative agreement in their 2023 negotiations. The SAG-AFTRA …
Originally published at pluralistic.net Reproduced under a Creative Commons Attribution 4.0 license Cory Doctorow If you’ve never had a fight over the phrase “intellectual property,” count yourself lucky, you normie, you. In the land of …
Originally published at notes on cinema James McMahon Missed Part 1? You should start here. Author’s note: Around the time of this post, the WGA and the Alliance of Motion Picture and Television Producers (AMPTP) …
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 …
Publications
Abstract This chapter examines the political economy of biopharmaceutical innovation, focusing primarily on vaccines in the Covid-19 pandemic. This analysis aims to make visible the deep entanglements that entrench an extractive and dysfunctional innovation ecosystem, …
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, …
Working Papers on Capital as Power
Abstract The 2023 war between Hamas and Israel elicits many different explanations. As with previous regional hostilities, here too, the pundits and commentators have numerous overlapping processes to draw on – from the struggle between …
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 – …
Forum
Jonathan Nitzan
Here is the relation between the Petro-Core’s differential earnings, energy conflicts and the relative price of crude oil.
jmc
Hi Byron, We can break it down in parts: – R2, R-squared, R^2: This is also called the coefficient of determination. Compared to other statistical methods or economic papers, BN are not using it in …
Byron Macrides
Particularly this part: “And the results leave little to the imagination: based on the R2, the variance of the relative price of oil explains 66 per cent of the variance of the differential EPS of …
Byron Macrides
Unfortunately I am not well versed in economics or the political economy to understand fully certain aspects of your texts. In your recent article “Blood and Oil in the Orient” I am having trouble comprehending …
Blair Fix
Thanks Steve. You raise good points. Essentially, we’re dealing with an absence of evidence. There is nothing in the deep archaeological record that suggests massive inequality. Scientists usually take this to mean that inequality was …
Steve Roth
Hi all, jumping in late here, spurred by Blair’s contributions. The aha! for me from the book was the huge political diversity (more, less, differently, and even seasonally hierarchical/egalitarian) of pre-historic/-literate societies — discernible, with …
Bichler & Nitzan Archives
- הקפיטליזציה של סרטי הקולנוע (The Capitalization of Movies)on November 28, 2023
הקפיטליזציה של סרטי הקולנוע (The Capitalization of Movies) Nitzan, Jonathan and Bichler, Shimshon. (2023). The 7th Eye. 21 November. pp. 1-9. (Article - Magazine; Hebrew).
- מחירי הנפט, הקפיטליזם ו-7 באוקטובר (Oil Prices, Capitalism and October 7th)on November 25, 2023
מחירי הנפט, הקפיטליזם ו-7 באוקטובר (Oil Prices, Capitalism and October 7th) Bichler, Shimshon and Nitzan, Jonathan. (2023). Haoketz. 22 November. (Article - Magazine; Hebrew).
- Stocking Up on Wealth … Concentrationon November 24, 2023
Stocking Up on Wealth … Concentration Fix, Blair. (2023). Economics from the Top Down. 23 November. pp. 1-21. (Article - Magazine; English).
- Blood and Oil in the Orient: A 2023 Updateon November 19, 2023
Blood and Oil in the Orient: A 2023 Update Bichler, Shimshon and Nitzan, Jonathan. (2023). Real-World Economics Review Blog. 10 November. (Article - Magazine; English).
- דם ונפט במזרח התיכון. סיבוב רווחים נוסף (Blood and Oil in the Orient. Another Round of Profit)on November 13, 2023
דם ונפט במזרח התיכון. סיבוב רווחים נוסף (Blood and Oil in the Orient. Another Round of Profit) Bichler, Shimshon and Nitzan, Jonathan. (2023). November. pp. 1-11. (Article - Working Paper; Hebrew).
- Teknojätit ja pääoman vallankäyttö (Techno giants and the use of power by capital)on November 12, 2023
Teknojätit ja pääoman vallankäyttö (Techno giants and the use of power by capital) Mouré, Christopher. (2023). Kapitaali.com. Translation of 'Soft-wars' by Teppo Saari (Finnish). 1 November. pp. 1-18. (Article - Magazine; Other).