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.

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 … 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 … 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 … 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 … 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 … 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 … 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 … Read more

Wal-Mart’s Power Trajectory: A Contribution to the Political Economy of the Firm

March 16, 2014

This article offers a power theory of value analysis of Wal-Mart’s contested expansion in the retail business. More specifically, it 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 … Read more