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.
Fuel, Feed and the Corporate Restructuring of the Food Regime
February 19, 2015
The agrofuel boom has brought about some of the most significant transformations in the world food system in recent decades. A rich and diverse body of agrarian political economy research has emerged that elucidates the conflicts and redistributional shifts engendered by these transformations. However, less attention has been given to differences within agri-food capital. This … Read more
Ascent of Giants: NAFTA, Corporate Power and the Growing Income Gap
February 12, 2015
There is growing awareness in Canada of how unequal society is becoming. It is probably most obvious in the gap between the compensation of Canada’s highest paid corporate executives and the average worker. The political pressure to do something to close this gap, for example by increasing taxes at the top of the income spectrum, is significant. At the … Read more
The Plutonomy of the 1%: Dominant Ownership and Conspicuous Consumption in the New Gilded Age
February 12, 2015
This article offers a study on the plutonomy of dominant owners and what their consumptive practices might tell us from the lens of the capital as power framework in IPE. I argue that the differential consumption of dominant owners is an important dimension of an internationalised capitalist mode of power for two reasons. First, Nitzan … Read more
The 1% and the Rest of Us: A Political Economy of Dominant Ownership
January 24, 2015
One of the major accomplishments of the Occupy movement has been to draw global attention to the massive disparity of income, wealth, and privilege concentrated in one percent of the world’s population. In The 1% and the Rest of Us, Tim Di Muzio offers the first empirical and theoretical study of the culture, politics, built … Read more
Rethinking Economic Growth Theory From a Biophysical Perspective
December 29, 2014
Neoclassical growth theory is the dominant perspective for explaining economic growth. At its core are four implicit assumptions: 1) economic output can become decoupled from energy consumption; 2) economic distribution is unrelated to growth; 3) large institutions are not important for growth; and 4) labor force structure is not important for growth. Drawing on a … Read more
Encumbered Behemoth: Wal-Mart, Differential Accumulation and International Retail Restructuring
December 3, 2014
This chapter draws on, and develops, some aspects of the capital as power framework so as to provide the first clear quantitative explication of the company’s power trajectory to date. After rapid growth in the first four decades of its existence, the power of Wal-Mart appears to be flat-lining relative to dominant capital as a … Read more
Francis, Bichler and Nitzan on The Buy-to-Build Indicator: An Exchange
October 3, 2014
The first part of the exchange is a short article by Joe Francis. The article provides new long-term estimates and an assessment of the buy-to-build indicator for the United States and Britain, going back to the end of the 19th century. The second part offers commentary by Shimshon Bichler and Jonathan Nitzan. Citation: The Buy-to-Build … Read more
How Capitalists Learned to Stop Worrying and Love the Crisis
June 8, 2014
Do capitalists really want a recovery? Can they afford it? On the face of it, the question sounds silly: of course capitalists want a recovery; how else can they prosper? According to the textbooks, both mainstream and heterodox, capital accumulation and economic growth are two sides of the same process. Accumulation generates growth and growth … Read more