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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
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
as a socio-material transformation in which capital changes its skin from money, to commodities, to more money. The …
Persistent link: https://www.econbiz.de/10011646693
The 2023 war between Hamas and Israel elicits many different explanations. As with previous regional hostilities, here too, the pundits and commentators have numerous overlapping processes to draw on - from the struggle between the Zionist and Palestinian national movements, to the deep...
Persistent link: https://www.econbiz.de/10014425509
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/10015175342
Persistent link: https://www.econbiz.de/10003325809
As these lines are being written (April 2018), the The U.S. stock market is again in turmoil. After a two-year bull run in which share prices soared by nearly 50 per cent, the market is suddenly dropping. Since the beginning of 2018, it lost nearly 10 per cent of its value, threatening investors...
Persistent link: https://www.econbiz.de/10011925881
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
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
FROM THE ARTICLE: "During the late 1980s, we printed a series of working papers, offering a new approach to the political economy of Israel and wars in the Middle East. Our approach in these papers rested on three new concepts. It started by identifying the Weapondollar-Petrodollar Coalition -...
Persistent link: https://www.econbiz.de/10011721221