This article offers a power theory of value analysis of Wal‐Mart’s contested expansion in the retail business. More specifically, it draws on, and develops, some aspects of the capital as power framework so as to provide the first clear quantitative explication of the company’s power...

Discussions on "profit inflation" are mired in conceptual unclarities, definitional idiosyncrasies and data problems. This article attempts to bring conceptual clarity to the debate on profit inflation, defining profit inflation strictly as an increase in the gross output price that is caused by...

The first part of the exchange is a short article by Joe Francis. The article provides new long-term estimates and an assessment of the buy-to-build indicator for the United States and Britain, going back to the beginning of the 20th century. The second part offers commentary by Shimshon Bichler...

The article provides new long-term estimates and an assessment of the buy-to-build indicator for the United States and Britain, going back to the end of the 19th century.

Comments on Francis’ new estimates of the buy-to-build indicator for the United States and Britain. These estimates offer a welcome correction, modifications and additions to the U.S. numbers that we first presented in 1999 and later updated.

Over the past century, Israel has been transformed from an agricultural colony, to a welfare-warfare state, to a globally integrated “market economy” characterised by great income disparities. What lies behind this transformation? Why the shift in emphasis from “war profits” to “peace...

It is popular these days to talk about the "discontent" of neoliberal globalization. This "discontent" is no longer the prerogative of intellectuals. Increasingly, it comes from below, with opposition from the grassroots. But there may be another type of discontent lurking behind the scenes....

The purpose of this article is to offer an alternative analytical framework for understanding the long term transformation in Israel. First, we argue against the conventional separation between the “political system” and the “economic system.” This separationist approach has been popular...