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A new, capitalism-denying book is on the shelves, and it makes a stunning discovery: "Capitalism without competition is … not capitalism"! Capitalist crisis, like climate change, tends to breed "capitalism deniers". The problem, argue the … deniers, lies not in capitalism but in its "distortions". In its pure form, they maintain, capitalism is the best of all …
Persistent link: https://www.econbiz.de/10012053664
This research note starts by showing that, for much of the postwar period, U.S. unemployment to has been a highly reliable leading indicator for the capitalist share of domestic income three years later, and then assesses whether this relationship still holds.
Persistent link: https://www.econbiz.de/10011977530
The LA Times called the bluff: William D. Nordhaus won the Nobel prize in economics for a climate model that minimized the cost of rising global temperatures and undermined the need for urgent action. Unfortunately, though, the article missed the nugget in the racket.
Persistent link: https://www.econbiz.de/10011977531
This essay interweaves two stories - one theoretical and empirical, the other autobiographical. The first story embeds the Israeli-Palestinian conflict in the broader political economy of the Middle East and the global accumulation of "capital as power." The second story narrates the authors'...
Persistent link: https://www.econbiz.de/10012002769
Persistent link: https://www.econbiz.de/10011645919
This interview was commissioned in October 2019 for a special issue on 'Accumulation and Politics: Approaches and Concepts' to be published by the Revue de la régulation. We submitted the text in March 2020, only to learn two months later that it won't be published. The problem, we were...
Persistent link: https://www.econbiz.de/10012225021
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 are articulated at greater length here, while Bichler and...
Persistent link: https://www.econbiz.de/10011753680
symbolic creordering of capitalism; the role of labour, production and waste; the capitalized environment; and the need for …
Persistent link: https://www.econbiz.de/10011753689
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 get out of it. The purpose of our paper is to ask a very different question that...
Persistent link: https://www.econbiz.de/10011753880
In their paper ‘The CasP Project: Past, Present and Future’, Shimshon Bichler and Jonathan Nitzan invite readers to engage critically with their theoretical framework, known as capital as power (CasP). This call for further research, reactions and critiques is the perfect occasion to raise a...
Persistent link: https://www.econbiz.de/10011816279