Now showing items 1-20 of 34803

    • Economic Development and the Death of the Free Market 

      Fix, Blair (2021)
      According to neoclassical economics, the most efficient way to organize human activity is to use the free market. By stoking self interest, the theory claims, individuals can benefit society. This idea, however, conflicts ...
    • Tim Di Muzio on 'Sabotage' 

      Muzio, Tim Di; Fix, Blair (2021)
      In a series of essays published in 2013 and 2014 on capitaspower.com, political economist Tim Di Muzio explored the concept of ‘sabotage’ as it applies to capitalist power. I recently rediscovered these essays and was so ...
    • From Passive Owners to Planet Savers? Asset Managers, Carbon Majors and the Limits of Sustainable Finance 

      Baines, Joseph; Hager, Sandy Brian (2022-02)
      This article examines the role of the Big Three asset management firms – BlackRock, Vanguard and State Street – in corporate environmental governance. Specifically, it charts the Big Three’s relationships with the ...
    • Das Ritual der Kapitalisierung (The Ritual of Capitalization) 

      Fix, Blair (2022-02)
      Wenn man genau hinhört, kann man zuhören, wie Jeff Bezos immer reicher wird. Da ist es schon wieder, dieses Geräusch. Eine weitere Milliarde in Bezos‘ Kassen. Lassen Sie uns diesen Klang des Geldes mit ein paar Zahlen ...
    • The Voldemort Index 

      Fix, Blair (2022-04)
      For centuries, philosophers have sought to understand concepts such as ‘equity’, ‘fairness’, and ‘justice’. The result has been widespread confusion. Fortunately, Lord Voldemort has rescued us from this moral daze by ...
    • In Search of Sabotage 

      McMahon, James; Fix, Blair (2022-03)
      A key aspect of Jonathan Nitzan and Shimshon Bichler’s theory of ‘capital as power’ is that it treats property not as a productive asset, but as a negative social relation. Property, Nitzan and Bichler argue, is an ...
    • The Rise of Corporate Profits in the Time of Covid 

      Cochrane, D. T. (2022-04)
      SUMMARY In recent months, Canadians have seen significant price increases in everyday goods. New analysis shows that along with prices increasing, so too have corporate profit margins, which is not a coincidence. In 2021, ...
    • Hype: The Capitalist Degree of Induced Participation 

      Liberto, Yuri Di (2022-04)
      * Winner of the 2022 RECASP Second Essay Prize * Power is usually considered as either a ‘positive’ or ‘negative’ construct, as in the power to force action versus the power to forbid it. This paper explores a hybridized ...
    • How Dominant are Big US Corporations? 

      Fix, Blair (2021-09)
      I recently had a lively Twitter debate with Jonathan Nitzan, Shimshon Bichler and Cory Doctorow about the future of big corporations in the United States. The debate was prompted by Doctorow’s piece ‘End of the line for ...
    • Pravda o inflácii: prečo sa Milton Friedman mýlil, nie prvý raz 

      Fix, Blair (2022-05)
      Milton Friedman už viac ako desaťročie nie je medzi nami, ale stále nás prenasleduje jeho duch. V 60-tych rokoch Friedman vyhlásil, že inflácia je „vždy a všade monetárnym fenoménom“ – problém spočíva v tlačení priveľa ...
    • Soft-wars: A Capital-as-Power Analysis of Google's Power Trajectory 

      Mouré, Christopher (2021-10)
      The capital as power framework, developed by Jonathan Nitzan and Shimshon Bichler, argues that the aim of business is not ‘profit maximization’ but the differential accumulation of social power. Using this framework as a ...
    • Red Giant 

      Bichler, Shimshon; Nitzan, Jonathan (2021-10)
      In 2012, we published a paper in the Journal of Critical Globalization Studies titled ‘Imperialism and Financialism: The Story of a Nexus’. Our topic was the chameleon-like Marxist notion of imperialism and how its different ...
    • Redistributing Income Through Hierarchy 

      Fix, Blair (2021-10)
      Although the determinants of income are complex, the results are surprisingly uniform. To a first approximation, top incomes follow a power-law distribution, and the redistribution of income corresponds to a change in the ...
    • Dominant Capital and the Government 

      Bichler, Shimshon; Nitzan, Jonathan (2021-10)
      This note contextualizes the ongoing U.S. policy shift toward greater ‘regulation’ of large corporations. Cory Doctorow and Blair Fix are optimistic about this shift. We doubt it.
    • Novels 

      Bichler, Shimshon; Nitzan, Jonathan (2021-10)
      The study of society today is divided into different disciplines – the so-called social sciences – a division that fractures our consciousness into disconnected bits and pieces. Literature does the very opposite: it brings ...
    • Dominant Capital and the Government 

      Bichler, Shimshon; Nitzan, Jonathan (2021-10)
      This note contextualizes the ongoing U.S. policy shift toward greater ‘regulation’ of large corporations. Cory Doctorow and Blair Fix are optimistic about this shift. We doubt it.
    • Red Giant 

      Bichler, Shimshon; Nitzan, Jonathan (2021-10)
      In 2012, we published a paper in the Journal of Critical Globalization Studies titled ‘Imperialism and Financialism: The Story of a Nexus’. Our topic was the chameleon-like Marxist notion of imperialism and how its different ...
    • The Truth About Inflation 

      Fix, Blair (2021-11)
      Milton Friedman has been dead for more than a decade, but his ghost still haunts us. In the 1960s, Friedman declared that inflation is ‘always and everywhere a monetary phenomenon’ — a problem of printing too much money. ...
    • Cinema 

      Bichler, Shimshon; Nitzan, Jonathan (2021-11)
      Unlike books, cinema directs and controls our attention and leaves less to the imagination. But that’s why we love it: it grabs us. And even if it isn’t always as deep as books, it can still teach us plenty. Here is a list ...
    • The Capitalist Degree of Immortality 

      Bichler, Shimshon; Nitzan, Jonathan (2021-12)
      This note offers some speculative ideas worth considering. One of the key features of all hierarchical civilizations is their rulers’ fear of death. This fear was famously narrated in the ancient myth of Gilgamesh – the ...