Originally published at sbhager.com Sandy Brian Hager News of the immanent demise of companies responsible for a significant portion of global greenhouse gas emissions might sound like a boon for efforts to avert climate breakdown. But just how bad is the outlook for fossil fuels? In this research note, I offer a preview of findings […]
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Abstract According to the capital as power framework, pecuniary earnings, or profits, are a symbolic representation of the struggle for power between different capitalist groups. In this struggle, capitalists measure their own power differentially – that is, relative to other capitalist entities. The focus on differential power, expressed in differential earnings, leads firms to try […]
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