industry Archives – Capital As Power

Category: Featured/RECASP

Bichler & Nitzan, ‘The Business of Strategic Sabotage’

Posted On January 17, 2023January 17, 2023 By Blair Fix

The Business of Strategic Sabotage SHIMSHON BICHLER and JONATHAN NITZAN January 2023 Abstract In a recent article, Nicolas D. Villarreal claims that our empirical analysis of the relation between business power and industrial sabotage in the United States is unpersuasive, if not deliberately misleading. Specifically, he argues that we cherry-pick specific data definitions and smoothing […]

Category: Featured/Working Papers

2018/08: Bichler & Nitzan, ‘CasP’s Differential Accumulation versus Veblen’s Differential Advantage’

Posted On November 30, 2018September 21, 2021 By jmc

Abstract This paper clarifies a common misrepresentation of our theory of capital as power, or CasP. Many observers tend to box CasP as an ‘institutionalist’ theory, tracing its central process of ‘differential accumulation’ to Thorstein Veblen’s notion of ‘differential advantage’. This view, we argue, betrays a misunderstanding of CasP, Veblen or both. As we show, […]