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.

Fix: ‘The Rise of Human Capital Theory’

March 29, 2021

ABSTRACT Today, human capital theory dominates the study of personal income. But this has not always been so. In this essay, I chart the rise of human capital theory, and compare it to the rise (and fall) of eugenics. The comparison, I argue, is an … Read more

Bichler and Nitzan, ‘Unbridgeable: why political economists cannot accept capital as power’

March 24, 2021

ABSTRACT The theory of capital as power (CasP) is radically different from conventional political economy. In the conventional view, mainstream as well as heterodox, capital is seen a ‘real’ economic entity engaged in the production of goods and services, and capitalism is thought of as … Read more

Lucas, ‘Risking the earth, parts 1 and 2’

February 9, 2021

ABSTRACT This two-part paper details the arguments and evidence that have been marshalled by both climate scientists and social scientists to critique the current procedures and methodologies deployed by the Intergovernmental Panel on Climate Change (IPCC) and the United Nations Framework Convention on Climate Change … Read more

Baines and Hager, ‘Commodity Traders in a Storm: Financialization, Corporate Power and Ecological Crisis’

February 6, 2021

ABSTRACT Commodity trading firms occupy a central position in global supply chains and their activities have been associated with financial instability, social upheaval and manifold forms of ecological devastation. This paper examines these companies in the context of debates regarding corporate financialization. We find that … Read more

McMahon, ‘Selling Hollywood to China’

January 30, 2021

ABSTRACT From the 1980s to the present, Hollywood’s major distributors have been able to redistribute U.S. theatrical attendance to the advantage of their biggest blockbusters and franchises. At the global scale and during the same period, Hollywood has been leveraging U.S. foreign power to break … Read more

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