Bichler and Nitzan, ‘Unbridgeable: why political economists cannot accept capital as power’

ABSTRACT The theory of capital as power (CasP) is radically different from conventional political economy. In the conventional view, mainstream as well as heterodox, capital is seen a ‘real’ economic entity engaged in the production of goods and services, and capitalism is thought of as a mode of production and consumption. Finance in this approach […]

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No. 2016/01: Debailleul, Bichler and Nitzan, “Theory and Praxis, Theory and Practice, Practical Theory”

Working Paper No. 2016/01 Corentin Debailleul, Shimshon Bichler and Jonathan Nitzan, “Theory and Praxis, Theory and Practice, Practical Theory” This working paper contains an intervention by Corentin Debailleul and an extended reply by Shimshon Bichler and Jonathan Nitzan. The exchange was first posted on the Capital as Power Forum in January 2016. Debailleul’s original questions […]

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A Price for Everything

What is a tree worth? Is this a question you’ve ever pondered? Does it seem like an odd question? Perhaps it seems like an inappropriate question? How could someone possibly attach a financial quantity to a tree? Don’t trees transcend monetary values? Trees are more the things of poetry than finance, aren’t they? Not according […]

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