capitalist power Archives – Capital As Power

Category: Featured/RECASP

McMahon, ‘Reconsidering Systemic Fear and the Stock Market’

Posted On August 21, 2021 By Blair Fix

Reconsidering Systemic Fear and the Stock Market A Reply to Baines and Hager JAMES MCMAHON August 2021 Abstract This article responds to Baines and Hager’s recent critique of the capital-as-power model of the stock market. Proposed by Bichler and Nitzan, this model seeks to explain how financial crises are tied to the concept of ‘systemic […]

Category: Featured/Working Papers

2020/06: Bichler & Nitzan, ‘The Limits of Capitalized Power. A 2020 U.S. Update’

Posted On December 23, 2020September 21, 2021 By jmc

Abstract Until the late 2000s, our work focused primarily on why capitalism should be understood as a mode of power. We argued that capital itself is a form of organized power and researched how capitalists sustain, defend and augment their capitalized power. We called our approach ‘capital as power’ – or CasP, for short. But […]