Di Liberto, ‘Differential Harm: Patterns of Uneven Destruction’

Abstract This essay opposes the idea that contemporary critical events like pandemics, global warming, environmental deterioration, et cetera, are to be considered as affecting humanity in a uniform way. Instead of seeing these phenomena like abstract universal threats, I propose to look at them through the lens of my concept of differential harm. By drawing […]

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Suaste Cherizola, ‘Estudiar el precio, olvidar el valor. Una alternativa al pensamiento económico tradicional’

Abstract Este artículo intenta sentar las bases para una comprensión de los precios radicalmente diferente a como los entiende el pensamiento económico tradicional. Tras revisar algunos aspectos relevantes de la crítica a la teoría del dinero como mercancía, se muestra que el pensamiento tradicional es incapaz de captar las propiedades irreductibles de los precios y […]

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Why Consumption Taxes (VATs) are Insanely Regressive

Originally published at Wealth Economics Steve Roth Following the community of Socks (?s) or “social democrats” out there on the interwebs (this is definitely my economic tribe), in articles, and in books, there’s a particular stance on a particular issue that I find perplexing, even anti-progressive. They’re generally quite keen on using “value-added” consumption/sales taxes […]

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McMahon, ‘Star Power and Risk: A Political Economic Study of Casting Trends in Hollywood’

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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Environmental conflict, capital as power … and a nice trip to London

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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Why are not-for-profit hospitals in the US so much more profitable than for-profit hospitals?

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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Bichler & Nitzan, ‘Inflation as Redistribution: Creditors, Workers, Policymakers’

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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Fascism in Israel. The Funding of Fascist and Neo-Nazi Movements: 1970-1990

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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Mouré, ‘Technological Change and Strategic Sabotage: A Capital as Power Analysis of the US Semiconductor Business’

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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Global Capital: Political Economy of Capitalist Power (YorkU, GS/POLS 6285 3.0, Graduate, Fall Term, 2022-23)

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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Pietryka, ‘Kapitał, by rządzić, musi sabotować postęp’

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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Suaste Cherizola, ‘El Capitalismo Contemporáneo y la Ontología de las Finanzas’

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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