Originally published at sbhager.com Sandy Brian Hager Joseph Baines and I have a new briefing with Common Wealth examining the financial performance of UK oil and gas producers and energy suppliers. Some of the key findings include: The two UK-headquartered supermajors – BP and Royal Dutch Shell – have remained profitable over the past decade, […]
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Originally published at sbhager.com Sandy Brian Hager In a new briefing with Common Wealth, Miriam Brett, Joseph Baines and I examine ownership and financial data for the “Big Six” UK energy companies: Centrica (British Gas), EDF Energy, E.ON UK, NPower, Scottish Power and SSE. We found that: Privatisation since the late-1980s transferred wealth from the […]
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Abstract A recent New Political Economy article by Baines and Hager (2020) critiqued Shimshon Bichler and Jonathan Nitzan’s capital-as-power (CasP) model of the stock market (Bichler & Nitzan, 2016). Bichler and Nitzan’s model of the stock market seeks to explain how financial crises are tied to the (upper) limits of redistributing income through power. Bichler […]
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Abstract This dissertation seeks to illuminate contemporary processes of redistribution in the agri-food sector, with particular reference to the US. It addresses the following questions: How has the rapid rise in food price instability since the turn of the twenty-first century impacted income shifts within the agri-food system? Which groups within agriculture and agribusiness benefit […]
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Abstract 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 trajectory to date. After rapid growth in the first […]
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Abstract This paper outlines the contours of a new research agenda for the analysis of food price crises. By weaving together a detailed quantitative examination of changes in corporate profit shares with a qualitative appraisal of the restructuring in business control over the organisation of society and nature, the paper points to the rapid ascendance […]
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