Creativity, sabotage and the management of risk and responsibility in freelance creative work Nitzan and Bichler theorise a dissonant relation of sabotage between power and creativity, business and industry. What they show is that the control of creative processes of production is not antithetical to their success. Rather, it is constitutive of this success in […]
Continue ReadingCapital as Power and Freelance Creative Work 2
Capital as Power, risk-aversion and the avoidance of uncertainty Mainstream critiques of contemporary capitalism conducted in the wake of the Great Recession tend to indict a number of factors. Perceived short-termism. The dangerous compulsion to speculate. An attraction to growth for growth’s sake. The propensity towards the greedy and rapid accumulation of riches. But other […]
Continue ReadingCan Capitalists Afford Recovery?
Jonathan Nitzan and Shimshon Bichler Abstract Economic, financial and social commentators from all directions and of various persuasions are obsessed with the prospect of recovery. The world remains mired in a deep, prolonged crisis, and the key question seems to be how to get out of it. The purpose of our paper is to ask […]
Continue ReadingWal-Mart’s Power Trajectory: A Contribution to the Political Economy of the Firm
Joseph Baines Abstract This article offers a power theory of value analysis of Wal-Mart’s contested expansion in the retail business. More specifically, it draws on, and develops, some aspects of the capital as power framework so as to provide the first clear quantitative explication of the company’s power trajectory to date. After rapid growth in […]
Continue ReadingCapital as Power and Freelance Creative Work 1
Rhythms of Risk and Responsibility in Freelance Creative Work This series of blogs applies Nitzan and Bichler’s theory of capital as power to the empirical concern of freelance work in the creative industries. It reports some findings from a research project I conducted earlier this year. The research was part of a three month Short-Term […]
Continue ReadingFrancis, Bichler and Nitzan on The Buy-to-Build Indicator: An Exchange
The first part of the exchange is a short article by Joe Francis. The article provides new long-term estimates and an assessment of the buy-to-build indicator for the United States and Britain, going back to the end of the 19th century. The second part offers commentary by Shimshon Bichler and Jonathan Nitzan. Citation: The Buy-to-Build […]
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