Petrodollars and Profit: Rethinking Political Economy through the Middle East

Review by Max Ajl of Jonathan Nitzan and Shimshon Bickler’s The Scientist and the Church. Originally published at Jadaliyya Howard Page, a director at what was then Exxon, was once asked, “What would have happened if Iraq production had also surged during the 1960’s,” like that of Saudi Arabia and Iran. He responded, “I admit Continue Reading

No. 2015/04: Bichler and Nitzan, “The CasP Project: Past, Present, Future”

Working Paper No. 2015/04 Shimson Bichler and Jonathan Nitzan, “The CasP Project: Past, Present, Future” The study of capital as power (CasP) began when we were students in the 1980s and has since expanded into a broader project involving a growing number of researchers and new areas of inquiry. This paper provides a bird’s-eye view Continue Reading

Video of Jonathan Nitzan's Presentation – The CasP Project: Past, Present, Future

Bichler, Shimshon and Nitzan, Jonathan. (2015). Presentation at York University. 20. October. 2015. The study of capital as power began when we were students in the 1980s and has since expanded into a broader project, involving a growing number of researchers and new areas of inquiry. The presentation explores what we have learned so far, Continue Reading

Is Hollywood running out of risk?

Shimshon Bichler and Jonathan Nitzan Repost from Real-World Economics Review Blog If we are to believe the conventional creed, Hollywood films are highly risky investments. According to De Vany, revenue forecasts have zero precision, which is just a way of saying that ‘anything can happen’. . . . The ‘nobody knows’ principle . . . is revealed in the infinite Continue Reading

The Enduring Power of GE The Enduring Power of GE (Tuesday Nov . 17. 3-5pm)

Abstract or Brief Description General Electric (GE) has demonstrated extraordinary longevity in the upper echelon of U.S. corporations. From 1925 to 2013, the company has never fallen below 10th in the rankings of firms by market capitalization. The only other firm to match this feat is the oil giant ExxonMobil. GE’s durability is remarkable given Continue Reading

Blockbuster Cinema: Hollywood’s Obsession with Low Risk (Tuesday, Nov 3, 3-5pm)

Blockbuster Cinema: Hollywood’s Obsession with Low Risk York University presentation by James McMahon ABSTRACT: Hollywood is obsessed with blockbusters – for 20 years the major studios have been making them, and it appears that blockbuster cinema will be with us for many years to come. This presentation will theoretically and empirically explain how blockbusters, and Continue Reading