Capital As Power – Toward a New Cosmology of Capitalism

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How Do You Spot a Crank?
by Blair Fix on August 19, 2020 at 1:24 pm
Originally published on Economics from the Top Down. I confess that I have a recurring nightmare. In it, I realize that everything I’ve ever written about economics is wrong. Neoclassical economics is not, as I’ve repeatedly claimed, a pile of bullshit. In this nightmare, neoclassical economics […]
Some Sunshine on the Ontario Job Hierarchy
by Blair Fix on August 11, 2020 at 7:41 pm
Originally published on Economics from the Top Down. Income, I’ve come to believe, is shaped largely by rank within a hierarchy. If you’re at the top of a hierarchy, you’ll earn a handsome sum. But if you’re at the bottom of a hierarchy, you’ll earn a pittance. As a hard-nosed scientist, […]
Death Anxiety and the Political Economy of Power
by Sandy Hager on August 11, 2020 at 5:24 pm
THINKING ABOUT DEATH I’ve been thinking a lot about death recently. No, it’s not something that came about because of the global pandemic and my new daily ritual of checking graphs on COVID-19 death tolls around the world. It started a few years back when I became interested in the […]

Death Anxiety and the Political Economy of Power
on August 18, 2020 at 1:11 am
Death Anxiety and the Political Economy of Power Hager, Sandy Brian. (2020). Sandy Brian Hager's Blog. 10 August. (Article - Magazine; English).
Supply and Demand Deconstructed
on August 9, 2020 at 12:41 am
Supply and Demand Deconstructed Fix, Blair. (2020). Economics from the Top Down. 5 August. (Article - Magazine; English).
Selling Hollywood to China
on August 4, 2020 at 1:32 am
Selling Hollywood to China McMahon, James. (2020). Forum for Social Economics. August. pp. 1-27. (Article - Journal; English).

Bichler and Nitzan, ‘Growing through Sabotage: Energizing Hierarchical Power’
by jmc on June 1, 2020 at 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 we see it grow and expand. What explains this apparent puzzle of ‘growth in the midst of sabotage’? The answer, we argue, […]
Hager and Baines: ‘The Tax Advantage of Big Business’
by Blair Fix on February 10, 2020 at 9:10 am
ABSTRACT Corporate concentration in the United States has been on the rise in recent years, sparking a heated debate about its causes, consequences, and potential remedies. In this study, we examine a facet of public policy that has been largely neglected in current debates about concentration: […]
Bichler and Nitzan, 'Making America Great Again'
by Blair Fix on December 11, 2019 at 4:49 pm
ABSTRACT Trump has promised to Make America Great Again. As a self-proclaimed expert on everything of import, he knows exactly how to increase domestic investment and consumption, boost exports, reduce the country’s trade deficit, expand employment and bolster wages. And as America’s […]

Research • Still in the Danger Zone
by Jonathan Nitzan on January 14, 2020 at 7:58 pm
Statistics: Posted by Jonathan Nitzan — Tue Jan 14, 2020 2:58 pm
Political Economy • Re: Monthly Review cites Fix
by uma on January 8, 2020 at 12:30 pm
A summary of Kolakowski's critique of Marxism can be found in his article , in: First Things, Oct. 2002.You will note that he holds up the distinction of politics and economics and generally argues from a conservative point of view. But this does not invalidate his criticism of Marxism.Statistics: Posted by uma — Wed Jan 08, 2020 7:30 am
Political Economy • Re: Monthly Review cites Fix
by uma on January 8, 2020 at 10:25 am
Having read the three volumes now, I can very much recommend Kolakowski, Main Currents of Marxism. Apart from its stylistic excellence as the author "distills thought until he can state it in broad terms and accessible language and with almost no qualifiers" (to quote Daniel) this is your one-stop reading about all of Marxism from "The Founders" […]

2020/05: Fix, ‘Can the World Get Along Without Natural Resources?’
by Blair Fix on July 12, 2020 at 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 of energy to human societies. Download PDF […]
2020/04: McMahon, ‘Reconsidering Systemic Fear and the Stock Market: A Reply to Baines and Hager’
by jmc on July 1, 2020 at 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 and Nitzan’s model of the stock […]
2020/03: Bichler and Nitzan, ‘Manuscripts Don’t Burn’
by Blair Fix on June 2, 2020 at 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 scissors to censor pamphlets. They don’t need strategic-studies […]

The Autocatalytic Sprawl of Pseudorational Mastery
by Blair Fix on October 8, 2019 at 6:04 pm
Vol 1, No. 4, 2019 Martin, Ulf (2019), ‘The Autocatalytic Sprawl of Pseudorational Mastery‘ (PDF), Review of Capital as Power, Vol. 1, No. 4, pp. 1-30.
Propertization: The Process by which Financial Corporate Power has Risen and Collapsed
by Blair Fix on October 8, 2018 at 6:02 pm
Vol 1, No. 3, 2018 Kim, Jongchul, (2018), ‘Propertization: The Process by which Financial Corporate Power has Risen and Collapsed‘ (PDF), Review of Capital as Power, Vol. 1, No. 3, pp. 58‐82.
Theory and Praxis, Theory and Practice, Practical Theory
by Blair Fix on October 8, 2018 at 5:59 pm
Debailleul, Corentin, Shimshon Bichler and Jonathan Nitzan (2018), ‘Theory and Praxis, Theory and Practice, Practical Theory‘ (PDF), Review of Capital as Power, Vol. 1, No. 3, pp. 40-57.