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Inflation and Accumulation. The Case of Israel

Nitzan, Jonathan; Bichler, Shimshon - In: Science & Society 64 (2000) 3, pp. 274-309

The paper offers a new theoretical framework for linking inflation and accumulation, with the Israeli experience as a case study. The focal point is the process of differential accumulation by the largest core firms. The theory of differential accumulation suggests that the relative power of...

Persistent link: https://www.econbiz.de/10011644557

Political Power Shifts in Israel, 1977 and 1992: Unsuccessful Electoral Economics or Long Range Realignment?

Bichler, Shimshon - In: Science & Society 58 (1994) 4, pp. 415-439

Israeli politics saw major realignments in 1977 and 1992. The effect of long range economic cycles on the nature and outcome of Israeli electoral politics is examined in these two elections.

Persistent link: https://www.econbiz.de/10011644565

Capital as Power: Toward a New Cosmology of Capitalism

Bichler, Shimshon; Nitzan, Jonathan - In: Real-World Economics Review (2012) 61, pp. 65-84

Conventional theories of capitalism are mired in a deep crisis: after centuries of debate, they are still unable to tell us what capital is. Liberals and Marxists think of capital as an economic entity that they count in universal units of utils and abstract labour, respectively. But these units...

Persistent link: https://www.econbiz.de/10011644571

Capital Accumulation: Fiction and Reality

Bichler, Shimshon; Nitzan, Jonathan - In: Real-World Economics Review (2015) 72, pp. 47-68

about a financial crisis, they don’t speak about it in isolation. They refer to finance not in and of itself, but in … relation to the so-called real capital stock. The recent crisis, they argue, happened not because of finance as such, but due … to a mismatch between financial and real capital. The world of finance, they complain, has deviated from and distorted …

Persistent link: https://www.econbiz.de/10011644650