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Management decisions must be based on financial data, drawn up by controlling. Especially when it comes to strategic decisions the target is to achieve a comprehensive overview of financial issues like costs and related profits on which to base management decision. In summarisation accountants...
Persistent link: https://www.econbiz.de/10012055461
notion of capitalization, which in our view represents the logic of the state of capital. And, finally, we flesh out the …
Persistent link: https://www.econbiz.de/10011644932
Conventional theories of capitalism are mired in a deep crisis: after centuries of debate, they are still unable to tell us what capital is. Liberals and Marxists think of capital as an economic entity that they count in universal units of utils and abstract labor, respectively. But these units...
Persistent link: https://www.econbiz.de/10011644933
, is finance, and only finance. In its modern incarnation, capital exists as forward-looking capitalization, a universal … capitalization the most supple power instrument ever known to humanity. Previously, distributive power was associated with clear … citadel, village and town. Capitalization flattens these qualitative features to the point of irrelevance. In principle …
Persistent link: https://www.econbiz.de/10011644934
Early in 2011, we received a surprising invitation from the Financial Times Lexicon. A reader had suggested that an entry on differential accumulation be added to the Lexicon, and the online content developer asked us if we would be willing to write it. Our first thought was that this must have...
Persistent link: https://www.econbiz.de/10011644936
This paper offers an analysis of Walmart's contested expansion in the retail business. It draws on, and develops, some aspects of the capital as power framework so as to provide the first quantitative explication of the company's power trajectory to date. After rapid growth in the first four...
Persistent link: https://www.econbiz.de/10011644940