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, Villarreal claims that our empirical analysis of the relation between business power and industrial sabotage in the United States …Marxists love to hate the theory of capital as power, or CasP for short. And they have two good reasons. First, CasP … forward-looking capitalized power and reiterates the good old 'material reality' of backward-looking labour time. Since these …
Persistent link: https://www.econbiz.de/10013417377
In a recent article, Nicolas D. Villarreal claims that our empirical analysis of the relation between business power …
Persistent link: https://www.econbiz.de/10013485521
הקפיטליזם שולט בעולם. דיונים סוערים מתנהלים בין המלומדים הממסדיים לבין "הביקורתיים" על טיבו של הקפיטליזם הגלובלי. הבעיה היא שטיבו של המוסד המרכזי בקפיטליזם -- ההון...
Persistent link: https://www.econbiz.de/10014279345
This paper clarifies a common misrepresentation of our theory of capital as power, or CasP. Many observers tend to box …, whereas CasP critically examines both the underpinnings of capitalized power as well as the forces that threaten and undermine … Veblen’s differential advantage. Veblen, who wrote at the turn of the twentieth century, before the appearance of business …
Persistent link: https://www.econbiz.de/10011959690
Nowadays, it is commonplace to claim that the economy overuses our limited material and energy resources and that this …. As we see it, the root of our ecological problems lies not in the ‘economy’, but in the hierarchical power structure of …
Persistent link: https://www.econbiz.de/10011992064
According to the theory of capital as power, capitalism, like any other mode of power, is born through sabotage and … article historicizes, theorizes and models the relationship between changes in hierarchical power and sabotage on the one hand … and the growth of energy capture on the other. It claims that hierarchical power is sought for its own sake; that building …
Persistent link: https://www.econbiz.de/10012221904
There is much debate over the distributive share of employees in national income – how to measure it, whether it goes up or down and, of course, why it matters. But something in this debate often seems amiss. Like many aggregates, the national income share of employees is a synthetic measure....
Persistent link: https://www.econbiz.de/10012317744
The theory of capital as power (CasP) is radically different from conventional political economy. In the conventional … societal power writ large, and capitalism should be analysed not as a mode of production and consumption, but as a mode of … power. In this approach, finance is neither a reflection nor a fiction, but the symbolic language that organizes and …
Persistent link: https://www.econbiz.de/10012406255
knowledge economy, or so they say. And in the world of finance, knowledge is power: the power to buy assets before their price … appreciates. This knowledge-as-power, though, is profitable only when exclusive. Common knowledge – no matter how sophisticated … by enforced opaqueness and power-backed misinformation. The different vistas are also deeply formative. Individual …
Persistent link: https://www.econbiz.de/10012492410
A lot has been written on the imminent decline of pharmaceuticals: their falling production, reduced R&D, declining innovation, the opioid crisis, patent cliffs, biting competition from generic drugs, growing opposition to IPR. The list goes on. Judging by the yardsticks that matter the most,...
Persistent link: https://www.econbiz.de/10012522970