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Capital as Power: Toward a New Cosmology of Capitalism

Bichler, Shimshon; Nitzan, Jonathan - 2010

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

Imperialism and Financialism. A Story of a Nexus (Revised and Expanded)

Bichler, Shimshon; Nitzan, Jonathan - 2010

Over the past century, Marxism has been radically transformed in line with circumstances and fashion. Theses that once looked solid have depreciated and fallen by the sideline; concepts that once were deemed crucial have been abandoned; slogans that once sounded clear and meaningful have become...

Persistent link: https://www.econbiz.de/10011644935

Differential Accumulation

Bichler, Shimshon; Nitzan, Jonathan - 2011

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

Capital Accumulation: Fiction and Reality

Bichler, Shimshon; Nitzan, Jonathan - 2015

don’t speak about it in isolation. They refer to finance not in and of itself, but in relation to the so-called real … capital stock. The recent crisis, they argue, happened not because of finance as such, but due to a mismatch between financial … and real capital. The world of finance, they complain, has deviated from and distorted the real world of accumulation. And …

Persistent link: https://www.econbiz.de/10011645092

The Global Political Economy of Israel

Nitzan, Jonathan; Bichler, Shimshon - 2002

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...

Persistent link: https://www.econbiz.de/10011646687

Capital as Power. A Study of Order and Creorder

Nitzan, Jonathan; Bichler, Shimshon - 2009

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 both think of capital as an 'economic' entity that they count in universal units of ‘utils’ or 'abstract labour', respectively....

Persistent link: https://www.econbiz.de/10011646688

The Scientist and the Church

Bichler, Shimshon; Nitzan, Jonathan - 2015

– or limits – of this power and explore the all-encompassing logic of modern finance. Subsequent chapters research the …

Persistent link: https://www.econbiz.de/10011646690

Differential Accumulation and Middle East Wars: Beyond Neo-Liberalism

Bichler, Shimshon; Nitzan, Jonathan - In: Global Regulation. Managing Crises After the Imperial Turn, (pp. 43-60). 2004

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....

Persistent link: https://www.econbiz.de/10011646692

Capital Accumulation: Breaking the Dualism of "Economics" and "Politics"

Nitzan, Jonathan; Bichler, Shimshon - In: Global Political Economy: Contemporary Theories, (pp. 67-88). 2000

This chapter outlines the main problems of capital theory, key issues which need to be resolved, and the way in which an alternative concept of capital may affect the future evolution of IPE. Briefly, existing theories of capital can be classified into three groups, based on their relationship...

Persistent link: https://www.econbiz.de/10011646693

The Impermanent War Economy? Peace Dividends and Capital Accumulation in Israel

Nitzan, Jonathan; Bichler, Shimshon - In: The Political Economy of Middle East Peace. The Impact …, (pp. 73-108). 1999

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...

Persistent link: https://www.econbiz.de/10011646694