Blog
- 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 … AgainDecember 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 …
BN Archives
- Unbridgeable: Why Political Economists Cannot Accept Capital as Poweron January 10, 2021 at 1:55 am
Unbridgeable: Why Political Economists Cannot Accept Capital as Power Bichler, Shimshon and Nitzan, Jonathan. (2021). Research Note. January. pp. 1-10. (Article - Working Paper; English).
- The Great Debt Divergence and its Implications for the Covid-19 Crisis: Mapping Corporate Leverage as Poweron January 7, 2021 at 9:39 pm
The Great Debt Divergence and its Implications for the Covid-19 Crisis: Mapping Corporate Leverage as Power Baines, Joseph and Hager, Sandy Brian. (2021). New Political Economy. OnlineFirst. January. pp. 1-17. (Article - Journal; English).
- Fight to Win! Tools for Confronting Capitalon January 6, 2021 at 8:49 pm
Fight to Win! Tools for Confronting Capital Monaghan, Jeffrey and Cochrane, DT. (2012). In The Accumulation of Freedom: Writings on Anarchist Economics. Edited by Shannon, Deric and Nocella II, Anthony J. and Asimakopoulos, John. Oakland, CA. AK Press, pp. 95-116. (Book Chapter; […]
Publications
- Baines and Hager, ‘The Great Debt Divergence and its Implications for the Covid-19 Crisis: Mapping Corporate Leverage as Power’January 12, 2021 11:09 pm
ABSTRACT The COVID-19 pandemic has amplified longstanding concerns about mounting levels of corporate debt in the United States. This article places the current conjuncture in its historical context, analysing corporate …
- Monaghan and Cochrane, ‘Fight to Win! Tools for Confronting Capital’January 11, 2021 12:29 pm
ABSTRACT Anarchists have generally rejected the idea that there is or ought to be a pure or inherently revolutionary strategy or tactic. In this chapter we make use of the …
- Di Muzio and Robbins: ‘Capitalismo de deuda’November 23, 2020 1:18 pm
ABSTRACT Capitalismo de deuda es un esfuerzo por descifrar cómo la tecnología de la deuda se ha convertido en uno de los mayores obstáculos para las aspiraciones democráticas y racionales …
Critical Mass Forum
- Reply To: My PhD and CasPJanuary 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 CasPJanuary 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 …
Working Papers
- 2020/06: Bichler & Nitzan, ‘The Limits of Capitalized Power. A 2020 U.S. Update’December 23, 2020 11:15 am
ABSTRACT Until the late 2000s, our work focused primarily on why capitalism should be understood as a mode of power. We argued that capital itself is a form of organized …
- 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 …
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: …