Tim Di Muzio Any student of capitalism knows it is a distinct economic system prone to periodic crises. These crises come in many forms and are typically studied after the fact, as the work of Kindleberger and others have demonstrated. But one of the largest mysteries in political economy is the problem of aggregate demand. […]
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Tim DiMuzio is lecturer in International Relations and public policy University of Wollongong in Australia. His book, The 1% and the Rest of Us: A Political Economy of Dominant Ownership, examines the insular lives of the global super rich, the socio-economic system they head, and their restless drive to dominate society and nature. NLP’s Tom […]
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Abstract This article offers a study on the plutonomy of dominant owners and what their consumptive practices might tell us from the lens of the capital as power framework in IPE. I argue that the differential consumption of dominant owners is an important dimension of an internationalised capitalist mode of power for two reasons. First, […]
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Tim Di Muzio Sabotage and Ownership Last week we considered how the capital as power framework seeks to conceptualize two different forms of sabotage: a general sabotage that limits the potential of humanity in which all business participates and; 2) a particular or differential form of sabotage that is relatively unique to each individual firm. […]
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Abstract This edited volume offers the first critical engagement with one of the most provocative and controversial theories in political economy: the thesis that capital can be theorized as power and that capital is finance and only finance. The book also includes a detailed introduction to this novel thesis first put forward by Nitzan and […]
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