Capital as Power

The Tragedy of Human Development. A Genealogy of Capital as Power

This book explores the idea of human development as a tragedy from the perspective of capitalist power. Although the argument of this book draws heavily on critical political economy, the analysis considers interdisciplinary literature in an effort to explore how …

The Tragedy of Human Development. A Genealogy of Capital as Power

Capitalism as a Mode of Power

Piotr Dutkiewicz: In a unique two-pronged dovetailing discussion, frequent collabora­tors and coauthors Jonathan Nitzan and Shimshon Bichler discuss the nature of contemporary capitalism. Their central argument is that the dominant approaches to studying the market – liberalism and Marx­ism – …

Capitalism as a Mode of Power

Inflation is always and everywhere a redistributional phenomenon

Inflation is the average rate of change of individual money prices. In this narrow sense, Milton Friedman’s claim that inflation is always and everywhere a monetary phenomenon is correct. But underlying the average rate of inflation, individual prices change at different rates. And in …

Inflation is always and everywhere a redistributional phenomenon

Dominant Capital and the Government

This note contextualizes the ongoing U.S. policy shift toward greater ‘regulation’ of large corporations. Cory Doctorow (2021) and Blair Fix (2021) are optimistic about this shift. We doubt it. 1.      The Limits of Power Large U.S.-based corporations are extremely powerful, but the growth of their …

Dominant Capital and the Government

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