Abstract Efforts to envision post-growth futures and degrowth pathways have multiplied, yet most scenario exercises rarely interrogate how political–economic forces shape their plausibility. This article develops a framework for analyzing degrowth futures through the lens of Capital as Power (CasP). It translates CasP’s account of accumulation—organized through capitalization, sabotage, and state–capital entanglement—into a causal loop […]
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Tim Di Muzio This post originally appeared on the website for Review of African Political Economy. Despite the fact that the ‘capital as power’ approach to critical political economy has been around for some time now, it is not very widely used and/or understood. Part of the reason for this, I believe, is that it […]
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Abstract Neoclassical growth theory assumes that economic growth is an atomistic process in which changes in distribution play no role. Unfortunately, when this assumption is tested against real-world evidence, it is systematically violated. This paper argues that a reality-based growth theory must reject neoclassical principles in favour of a power-centered approach. Building on Nitzan and […]
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