Blog
- The Free Market as a Double LieOctober 21, 2020 8:43 pm
Originally published on Economics from the Top Down. As social animals, humans live and die by the success of our groups. This raises a dilemma. What’s best for the group …
- The Challenges of Doing Revolutionary Science (Part 2)October 9, 2020 6:46 pm
Originally published on Economics from the Top Down. In this two-part post, I’ve been reflecting on the challenges of doing revolutionary science. (See Part 1 here.) I’ve argued that revolutionary …
- The Challenges of Doing Revolutionary Science (Part 1)October 1, 2020 6:27 pm
Originally published on Economics from the Top Down. Science is miraculously improbable. To work, it must fight against a deep human instinct — our desire to conform. As social animals, …
BN Archives
- How the History of Class Struggle is Written on the Stock Marketon October 14, 2020 at 5:02 am
How the History of Class Struggle is Written on the Stock Market Fix, Blair. (2020). Economics from the Top Down. 5 October. (Article - Magazine; English).
- Stocks are Up. Wages are Down. What does it Mean?on October 14, 2020 at 4:53 am
Stocks are Up. Wages are Down. What does it Mean? Fix, Blair. (2020). Economics from the Top Down. 4 September. (Article - Magazine; English).
- What Do Economists Mean When They Talk About 'Capital Accumulation'?on October 2, 2020 at 12:25 am
What Do Economists Mean When They Talk About 'Capital Accumulation'? Bichler, Shimshon and Nitzan, Jonathan. (2020). Evonomics. 24 September. (Article - Magazine; English).
Publications
- Fix: ‘How the Rich Are Different: Hierarchical Power as the Basis of Income Size and Class’September 16, 2020 5:47 pm
ABSTRACT 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 …
- Kvachev, ‘Unflat Ontology: Essay on the Poverty of Democratic Materialism’September 3, 2020 3:51 pm
ABSTRACT The paper is dedicated to the problem of flat ontology in philosophy and its relation to the practice in economy. The author argues that flat economy is based on …
- Bichler and Nitzan, ‘Growing through Sabotage: Energizing Hierarchical Power’June 1, 2020 9:35 pm
ABSTRACT: According to the theory of capital as power, capitalism, like any other mode of power, is born through sabotage and lives in chains – and yet everywhere we look …
Critical Mass Forum
- CommunityAugust 17, 2020 4:31 pm
Introduce yourself, meet other people, post information about scholarships and jobs, and talk about anything else.
- ResearchAugust 17, 2020 4:29 pm
Post your research in political economy, share ideas and workshop your empirical work.
- EventsAugust 17, 2020 4:27 pm
Post information about upcoming political economy conferences, workshops and talks.
Working Papers
- 2020/05: Fix, ‘Can the World Get Along Without Natural Resources?’July 12, 2020 10:31 am
ABSTRACT Neoclassical economists fundamentally misunderstand the role of natural resources in the economy. I discuss here the source of this misunderstanding, and the ways we can better understand the role …
- 2020/04: McMahon, ‘Reconsidering Systemic Fear and the Stock Market: A Reply to Baines and Hager’July 1, 2020 5:57 pm
ABSTRACT A recent New Political Economy article by Baines and Hager (2020) critiqued Shimshon Bichler and Jonathan Nitzan’s capital-as-power (CasP) model of the stock market (Bichler & Nitzan, 2016). Bichler …
- 2020/03: Bichler and Nitzan, ‘Manuscripts Don’t Burn’June 2, 2020 10:09 pm
ABSTRACT The French Revolution changed the world. In the new order, the masters no longer need Monsieur Fouche and the thought police. They don’t need guillotines to clip brains and …
RECASP Journal
- Differential Taxation: The Case of American BankingSeptember 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 SabotageSeptember 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 MasteryOctober 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: …