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capitalists want a recovery; how else can they prosper? According to the textbooks, both mainstream and heterodox, capital … and the unemployed – serves not to undermine but to boost the overall income share of capitalists. And as employment … growth decelerates, the income share of the Top 1% – which includes the capitalists as well as their protective power belt …
Persistent link: https://www.econbiz.de/10011645024
’ work is the notion that capital is not a productive economic category but capitalized power, and that capitalism should be …
Persistent link: https://www.econbiz.de/10011646690
that capital itself is a form of organized power and researched how capitalists sustain, defend and augment their … capitalized power. We called our approach 'capital as power' - or CasP, for short. But that's only one side of the picture. Power …
Persistent link: https://www.econbiz.de/10012390134
capital, the accumulation of capital and the unit of capital. Specifically, our argument builds on a power understanding of … capital that emphasizes differential accumulation by dominant capital groups. Accumulation, we argue, has little to do with … by breadth, buttressed by neoliberal rhetoric, globalization and capital mobility. This regime started to run into …
Persistent link: https://www.econbiz.de/10011644556
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
accumulation, emphasizing the power drive by dominant capital groups to beat the average and exceed the normal rate of return. Four … reflects the progressive break-up of socioeconomic ‘envelopes’, as dominant capital moves through successive amalgamation at … have been previously 'resolved' when dominant capital broke its existing envelope, pushing to amalgamate within a broader …
Persistent link: https://www.econbiz.de/10011644558
Israel. Our principal focus is on a revised notion of capital, emphasizing the central role of differential accumulation by … dominant capital groups. We further distinguish between an antagonistic “depth” regime in which differential accumulation is … global arms race, drying up the flow of war profit in Israel. In these new conditions, dominant capital groups in the two …
Persistent link: https://www.econbiz.de/10011644559
Since the late 1980s, Israel has been undergoing a profound transformation, characterized by reconciliation with its Arab neighbours and attempts to reintegrate into the regional economy, a transition from a militarized economy to open markets, and a decline of the collectivist ethos in favour...
Persistent link: https://www.econbiz.de/10011644560
Existing theories of capital, neo-classical as well as Marxist, are anchored in the material sphere of production and … consumption. This article offers a new analytical framework for capital as a crystallization of power. The relative nature of … authoritarian techniques. Extending their contributions, we argue that capital is a business, not an industrial category, a human …
Persistent link: https://www.econbiz.de/10011644561
This is the second in a series of two articles looking into the interaction between differential capital accumulation … capital accumulation – but in line with the differential interests of these companies – US policies in the region seem to have …
Persistent link: https://www.econbiz.de/10011644562