The Capital as Power working paper series showcases cutting edge research on the political economy of capitalist power. The series is open to a wide-range of issues: theoretical, empirical, historical or contemporary. The aim is to stimulate debate and discussion on the capital as power framework. If you are interested in submitting a working paper, please email us and put “Working Papers” in the subject line.
April 7, 2014
Working Paper No. 2014/02 Blair Fix, “Rethinking Profit: How Redistribution Drives Growth” Using a combination of heterodox economics and biophysical analysis, this paper investigates the relationship between economic distribution and the growth of material throughput. Empirical results show that the growth of “useful work” correlates with redistribution towards profit. Furthermore, increases in energy consumption are correlated … Read more
March 18, 2014
Working Paper No. 2014/01 James McMahon, “Capitalist Power, Distribution and the Order of Cinema” In this paper, the structure of Hollywood film distribution will be analyzed through the lens of risk. In both its technical and conceptual senses, risk is relevant to the study of Hollywood’s dominant firms. In the interest of lowering risk, the business … Read more
October 17, 2013
Working Paper No. 2013/01 Shimshon Bichler and Jonathan Nitzan, “Can Capitalists Afford Recovery? Economic Policy When Capital Is Power” Abstract: Economic, financial and social commentators from all directions and persuasion are obsessed with the prospect of recovery. The world remains mired in a deep, prolonged crisis, and the key question seems to be how to … Read more