No. 2016/5: Cochrane, ‘Disobedient Things: The Deepwater Horizon oil spill and accounting for disaster’

Abstract Analysis of the Deepwater Horizon disaster and the accumulatory decline of BP demonstrates both the analytical efficacy of the capital-as-power (CasP) approach to value theory, and the irreducible role of objects in the process of accumulation. Rather than productivity per se, accumulation depends on control of productivity. Owners’ control is over both the human […]

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