If you have a publication on the subject of Capital as Power, we would happily consider posting it in this section. You can email us either the actual publication or its preprint, in line with your publisher/copyright permission. Kindly indicate “Publication” in the subject line.

Baines and Hager, ‘The Great Debt Divergence and its Implications for the Covid-19 Crisis: Mapping Corporate Leverage as Power’

January 12, 2021

ABSTRACT The COVID-19 pandemic has amplified longstanding concerns about mounting levels of corporate debt in the United States. This article places the current conjuncture in its historical context, analysing corporate indebtedness against the backdrop of increasing corporate concentration. Theorising leverage as a form of power, … Read more

Monaghan and Cochrane, ‘Fight to Win! Tools for Confronting Capital’

January 11, 2021

ABSTRACT Anarchists have generally rejected the idea that there is or ought to be a pure or inherently revolutionary strategy or tactic. In this chapter we make use of the capital-as-power theory of value and capital in a way that informs and supports the ad … Read more

Di Muzio and Robbins: ‘Capitalismo de deuda’

November 23, 2020

ABSTRACT Capitalismo de deuda es un esfuerzo por descifrar cómo la tecnología de la deuda se ha convertido en uno de los mayores obstáculos para las aspiraciones democráticas y racionales de la sociedad moderna. Richard Robbins y Tim Di Muzio muestran que la deuda, entendida … Read more

Fix, ‘How the Rich Are Different: Hierarchical Power as the Basis of Income Size and Class’

September 16, 2020

ABSTRACT This paper investigates a new approach to understanding personal and functional income distribution. I propose that hierarchical power — the command of subordinates in a hierarchy — is what distinguishes the rich from the poor and capitalists from workers. Specifically, I hypothesize that individual … Read more

Kvachev, ‘Unflat Ontology: Essay on the Poverty of Democratic Materialism’

September 3, 2020

ABSTRACT The paper is dedicated to the problem of flat ontology in philosophy and its relation to the practice in economy. The author argues that flat economy is based on a marginal utility theory of value and presents hierarchical value chains with concentration of power-capital … Read more

Bichler and Nitzan, ‘Growing through Sabotage: Energizing Hierarchical Power’

June 1, 2020

ABSTRACT: According to the theory of capital as power, capitalism, like any other mode of power, is born through sabotage and lives in chains – and yet everywhere we look we see it grow and expand. What explains this apparent puzzle of ‘growth in the … Read more

Hager and Baines, ‘The Tax Advantage of Big Business’

February 10, 2020

ABSTRACT Corporate concentration in the United States has been on the rise in recent years, sparking a heated debate about its causes, consequences, and potential remedies. In this study, we examine a facet of public policy that has been largely neglected in current debates about … Read more

Bichler and Nitzan, ‘Making America Great Again’

December 11, 2019

ABSTRACT Trump has promised to Make America Great Again. As a self-proclaimed expert on everything of import, he knows exactly how to increase domestic investment and consumption, boost exports, reduce the country’s trade deficit, expand employment and bolster wages. And as America’s leader-and-policymaker-in-chief, he has … Read more