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* Winner of the 2021 RECASP Essay Prize * Assets are a crucial concept of the practice and mindset of the capitalist … class. Critical analyses of capitalism, however, tend to admit that the exchange of commodities is the foundation of the … analysis of capitalism. This article takes a different approach. I claim that assets offer a solid starting point for a …
Persistent link: https://www.econbiz.de/10012506962
reconceptualizing the field of finance. These two issues are closely related. The answer to the question, "what are assets?", will give …Assets are a crucial concept of the practice and mindset of the capitalist class. Critical analyses of capitalism …, however, tend to admit that the exchange of commodities is the foundation of the analysis of capitalism. This article takes a …
Persistent link: https://www.econbiz.de/10012506946
It turns out that like the rest of us, billionaires experience wealth inequality. (Individuals who top the Forbes billionaire list are far richer than those at the bottom of the list.) Interestingly, this billionaire wealth concentration fluctuates over time … in tight correlation with the...
Persistent link: https://www.econbiz.de/10014512396
this paper is to address this mismatch. Using a broad brush, we outline a new, power theory of capital and accumulation. We …
Persistent link: https://www.econbiz.de/10005621372
Economists are not known for their literary imaginations. Flip through any economics textbook and you’ll find a barrage of terms like the ‘Philips curve’ and the ‘Fisher effect’. The jargon is simple enough — empirical relations are usually named after the person who discovered them....
Persistent link: https://www.econbiz.de/10014429865
Think of this question as a sword — a sharp piece of steel that cuts through bullshit. In this post, we’ll use it to slice through business-press bullshit about the stock market. You know the stuff — the ubiquitous puff pieces that gush about rising stock prices, as though they benefit...
Persistent link: https://www.econbiz.de/10014429866
Have you ever wondered what it takes to become a billionaire? Do you need rare genius? Exceptional acumen? Miraculous foresight? An uncompromising work ethic? On all four counts, the answer is no. It turns out that to become a billionaire, what you really need is the right social setting. You...
Persistent link: https://www.econbiz.de/10014429867
The rich get richer. It’s a phrase that packs a lot of punch. It’s potent rhetoric, yet surprisingly accurate at describing how rising inequality plays out. Of course, there’s nothing inevitable about the rich getting richer. We just happen to live in an age of growing corporate despotism....
Persistent link: https://www.econbiz.de/10014429869
הקפיטליזם שולט בעולם. דיונים סוערים מתנהלים בין המלומדים הממסדיים לבין "הביקורתיים" על טיבו של הקפיטליזם הגלובלי. הבעיה היא שטיבו של המוסד המרכזי בקפיטליזם -- ההון...
Persistent link: https://www.econbiz.de/10014528620
companies in the context of debates regarding corporate financialization. We find that since the 2003–2011 commodity boom …
Persistent link: https://www.econbiz.de/10012423756