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Category: Featured/Publications

Fix, ‘The Ritual of Capitalization’

Posted On September 22, 2021 By Blair Fix

Abstract For more than a century, political economists have sought to understand the nature of capital. The prevailing wisdom is that there must be something ‘real’ — some productive capacity — that underpins capitalized values. This thinking, I argue, is a mistake. Building on Jonathan Nitzan and Shimshon Bichler’s theory of capital as power, I […]

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