The Costly Betrayal of Cost-Benefit’s Promise

Jerry Cayford Originally published here A conversation, eighty-some years ago, shaped our world today. The conversation was among three papers in economics. In 1939, Nicholas Kaldor and John Hicks published papers that steered economics through a major crisis, one that threatened its legitimacy as an advisor on public policy. With the Great Depression still raging […]

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Bichler & Nitzan, ‘Manuscripts Don’t Burn’

Manuscripts Don’t Burn SHIMSHON BICHLER and JONATHAN NITZAN September 2023 Keywords censorship, ideology, marxism, neoliberalilsm, peer review, plagiarism Citation Bichler, Shimshon, and Nitzan, Jonathan. 2023. ‘Manuscripts Don’t Burn’. Review of Capital as Power, Vol. 2, No. 2, pp. 175–189. Download PDF 1     Flat Reality The French Revolution changed the world. In the new order, the masters […]

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Bichler & Nitzan, ‘The Capital as Power Approach: An Invited-then-Rejected Interview’

The Capital as Power Approach An Invited-then-Rejected Interview with Shimshon Bichler and Jonathan Nitzan SHIMSHON BICHLER and JONATHAN NITZAN September 2023 Keywords capital accumulation, capitalization, interview, Marxism, modes of power, stagflation, systemic fear, value theory Citation Bichler, Shimshon, and Nitzan, Jonathan. 2023. ‘The Capital as Power Approach: An Invited-then-Rejected Interview with Shimshon Bichler and Jonathan […]

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Money is power

Originally published at pluralistic.net Reproduced under a Creative Commons Attribution 4.0 license Cory Doctorow “Political economy” may sound like an obscure technical matter, but it’s a really very simple (and incredibly important) idea: That the economy is inevitably political, and there is no way to depoliticize economic theory. That is, every aspect of economics – […]

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