Abstract This paper builds an empirical and theoretical model to analyze how the financial goal of risk reduction changed the insides of Hollywood’s star system. For the moviegoer looking at Hollywood cinema from the outside, the function of the star system has remained the same since the 1920s: to have recognizable actors attract large audiences […]
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Originally published at pluralistic.net Reproduced under a Creative Commons Attribution 4.0 license Cory Doctorow When you hear that a billionaire has bought a horse or a newspaper or a sports team, you might think it’s just dilletantish dabbling by a member of the parasite class with nothing better to do with their time – a […]
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Originally published at Manchester Metropolitan University Adam Marshall In recent years, as governments and corporations have intensified their efforts to locate, extract and monetise oil, gas, and various other biophysical resources, the world has simultaneously witnessed a proliferation of social resistance to these efforts. While such resistance can take many forms, it is invariably motivated […]
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Originally published at Asimmetria Yuri Di Liberto What if I told you that they knew everything? And that they have known it for a very long time? On January 13 of this year, 2023, in the journal Science, perhaps the most important article to date on climate change was published. In political, social, and ethical […]
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Regan Boychuk Green Party of Alberta energy critic & May 2023 candidate for Banff-Kananaskis Author’s note This article will prove the United States imposed its foreign policy doctrine of “Minimum Duty” on Alberta in November 1938 and that politics in Alberta and Canada today remain in the shadow cast by that imposition of Minimum Duty. […]
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Christopher Mouré and Shai Gorsky When it comes to social institutions, not-for-profit organizations (NFPs) allegedly strike a balance between the private and public realm. While privately owned and operated, not-for-profits are distinguished by their ostensibly public purpose – in eschewing private profits, they claim to make the pursuit of some social benefit their primary objective. […]
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Abstract This paper is part of a dialogue with Blair Fix on how inflation redistributes income between creditors and workers and the way in which monetary policy affects this process. In his 2023 paper, ‘Inflation! The Battle Between Creditors and Workers’, Fix shows, first, that the impact of U.S. inflation on creditor-worker distribution has been […]
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Jonathan Nitzan and Shimshon Bichler In 1989, we applied for a Harry Frank Guggenheim Foundation grant to investigate the funding of fascist and Neo-Nazi movements in Israel. The Foundation did not find the topic important enough, and the application was ceremonially rejected. Here is what we wanted to do. Research plan The emergence of ultra […]
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Originally published at Economics from the Top Down Blair Fix Over the last year, I’ve watched with horror and amusement as health agencies around the world flip-flopped their advice on how to deal with COVID. My horror comes from knowing this flip-flopping breeds mistrust in science. But I am (morbidly) amused because I know that […]
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Originally published at pluralistic.net Reproduced under a Creative Commons Attribution 4.0 license Cory Doctorow People who fret about the debt we’re taking on to deal with climate change are (half) right. Because there’s two ways of dealing with the climate emergency: either we can avert it, or we can seek high ground and erect high […]
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Abstract Rapid technological change is often touted as a fundamental reality of capitalist societies. It is also presented as concrete evidence for the supposed progressive improvement of material well-being that characterises the capitalist system of social order. Since its emergence in the mid-20th century, semiconductor technology in many ways exemplifies this view. Yet the rapid […]
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Jonathan Nitzan What is capital? Despite centuries of debate, there is no clear answer to this question – and for a good reason. Capital is a polemic term. The way we define it attests our theoretical biases, ideological disposition, view of politics, class consciousness, social position, and more. Is capital the same as machines, or […]
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Abstract Od głodu i biedy po zwykłe marnotrawstwo i nawracające fale przeróżnych kryzysów – to nie niepożądane skutki uboczne kapitalizmu, ale przejawy sabotażu. Bo nic nie utrwala władzy kapitału skuteczniej niż istnienie szerokiej rzeszy ludzi, którzy ani na chwilę nie mogą przestać pracować, by przeżyć. Capital, in order to rule, must sabotage progress From hunger […]
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Abstract RESUMEN. Esta tesis es un esfuerzo por desentrañar el papel que juega el campo financiero dentro del proceso de acumulación de capital y la manera en que condiciona el desarrollo de la lucha entre las clases sociales por la distribución de la riqueza y el control político de la comunidad. El punto de partida […]
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Originally published at Economics from the Top Down Blair Fix Last week I ran a Twitter survey to see what software my fellow researchers use. It turns out they like R: As an avid R user myself, this result didn’t surprise me. But it did make me think about my own approach to coding. In […]
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Originally published at pluralistic.net Cory Doctorow Capital-as-power, a framework from Jonathan Nitzan and Shimshon Bichler, holds that companies don’t seek to be as profitable as possible – but rather to accumulate as much power as possible. A company doesn’t seek to be as big as possible, but rather, as dominant. https://capitalaspower.com/ There are two strategies […]
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Originally published at Economics from the Top Down Blair Fix According to behavioral economics, most human decisions are mired in ‘bias’. It muddles our actions from the mundane to the monumental. Human behavior, it seems, is hopelessly subpar.1 Or is it? You see, the way that behavioral economists define ‘bias’ is rather peculiar. It involves […]
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Abstract Capitalizing a Cure takes readers into the struggle over a medical breakthrough to investigate the power of finance over business, biomedicine, and public health. When curative treatments for hepatitis C launched in 2013, sticker shock over their prices intensified the global debate over access to new medicines. Weaving historical research with insights from political […]
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Abstract There is little doubt that, in the last hundred years or so, progress has been made in lifting more people out of extreme poverty. Yet, considerable economic inequalities both within and between nations persists and, as recent work has shown, if the rate of return on capital surpasses the rate of growth, inherited wealth […]
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Abstract הקפיטליזם שולט בעולם. דיונים סוערים מתנהלים בין המלומדים הממסדיים לבין “הביקורתיים” על טיבו של הקפיטליזם הגלובלי. הבעיה היא שטיבו של המוסד המרכזי בקפיטליזם — ההון — אינו ידוע. לאחר יותר ממאתיים שנה של התפתחות קפיטליסטית נמרצת לא קיימת תיאוריית הון הגיונית אמפירית — לא במדע הכלכלה, לא בכלכלה הפוליטית המרקסיסטית ולא במדעי החברה בכלל, […]
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