The political economic roots of Hollywood strikes, Part 3

Originally published at notes on cinema James McMahon Around the time of this post, SAG-AFTRA and the Alliance of Motion Picture and Television Producers (AMPTP) produced a tentative agreement in their 2023 negotiations. The SAG-AFTRA National Board approved the tentative agreement, and recommends for the ratification of the 2023 TV/Theatrical contracts. – J When the […]

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Bichler & Nitzan, ‘The Capital as Power Approach: An Invited-then-Rejected Interview’

The Capital as Power Approach An Invited-then-Rejected Interview with Shimshon Bichler and Jonathan Nitzan SHIMSHON BICHLER and JONATHAN NITZAN September 2023 Keywords capital accumulation, capitalization, interview, Marxism, modes of power, stagflation, systemic fear, value theory Citation Bichler, Shimshon, and Nitzan, Jonathan. 2023. ‘The Capital as Power Approach: An Invited-then-Rejected Interview with Shimshon Bichler and Jonathan […]

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Mouré, ‘No Shortage of Profit: Technological Change, Chip ‘Shortages’, and Capital Accumulation in the Semiconductor Business’

Abstract Rapid technological change is often touted as a fundamental reality of capitalist societies. It is also often presented as concrete evidence for the supposed progressive improvement of material well-being that characterises the capitalist system of social order. Since its emergence in the mid-20th century, semiconductor technology in many ways exemplifies this reality. Yet the […]

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No. 2014/04: Bichler & Nitzan, ‘Still About Oil?’

Abstract During the late 1980s and early 1990s, we identified a new Middle East phenomenon that we called ‘energy conflicts’ and argued that these conflicts were intimately linked with the global processes of capital accumulation. This paper outlines the theoretical framework we have developed over the years and brings our empirical research up to date. […]

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Francis, Bichler & Nitzan, ‘The Buy-to-Build Indicator: An Exchange’

Abstract The first part of the exchange is a short article by Joe Francis. The article provides new long-term estimates and an assessment of the buy-to-build indicator for the United States and Britain, going back to the end of the 19th century. The second part offers commentary by Shimshon Bichler and Jonathan Nitzan. Citation The […]

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The Buy-to-Build Indicator: New Estimates for Britain and the United States

The Buy-­to-­Build Indicator New Estimates for Britain and the United States JOSEPH A. FRANCIS October 2013 Abstract This note presents new long-term estimates of what Jonathan Nitzan and Shimshon Bichler have named the ‘buy-­to-­build indicator’, which is calculated as the value of mergers and acquisitions as a percentage of gross capital formation. Keywords Britain, buy-to-build […]

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Nitzan, ‘Inflation As Restructuring. A Theoretical and Empirical Account of the U.S. Experience’

Abstract The thesis offers a new framework for inflation as a process of restructuring. Contrary to existing theories of inflation, which tend to take structure and institutions as given for the purpose of analysis, we argue that inflation could be understood only in terms of ongoing structural and institutional change. In the modern context of […]

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