Baines and Hager, ‘The Great Debt Divergence and its Implications for the Covid-19 Crisis: Mapping Corporate Leverage as Power’

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Monaghan and Cochrane, ‘Fight to Win! Tools for Confronting Capital’

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What Trait Affects Income the Most?

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2020/06: Bichler & Nitzan, ‘The Limits of Capitalized Power. A 2020 U.S. Update’

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  • What Trait Affects Income the Most?
    January 5, 2021 7:47 am

    Originally published on Economics from the Top Down. If the history of science has taught us anything, it’s that we can’t trust our preconceptions about how the world works. All …

  • Productivity and Income … Again
    December 17, 2020 1:24 pm

    Originally published on Economics from the Top Down. Today I’m going to revisit a topic that a month ago I committed to stop writing about — the productivity-income quagmire. Neoclassical …

  • Debunking the ‘Productivity-Pay Gap’
    November 9, 2020 4:20 pm

    Originally published on Economics from the Top Down. Have you heard of the ‘productivity-pay gap’? It’s the (apparently) growing gap between the productivity of US workers and their pay. Here’s …

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Critical Mass Forum

  • Reply To: My PhD and CasP
    January 26, 2021 11:49 am

    I agree with DTC here that the basics of CasP research (differential capitalization) are quite simple. When I started to do this type of work, it was revelatory. I also …

  • Reply To: Control over skill realization: A response to Fix in RWER (2019)
    January 26, 2021 10:10 am

    What this thread made me think about was the concept of “skill.” A point I often hammer at is that innovation is not inherently good. I take this from Castoriadis, …

  • Reply To: My PhD and CasP
    January 26, 2021 6:35 am

    Hi Adam, First, at points in this thread, empirical has been used as a synonym for quantitative, although JN has clarified that empirical includes qualitative. It is important to keep …

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Working Papers

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RECASP Journal

  • Differential Taxation: The Case of American Banking
    September 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 Sabotage
    September 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 Mastery
    October 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: …

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