John Milios/ Dimitris P. Sotiropoulos
A crucial aspect of nearly all contemporary approaches to imperialism is the idea that the domination of neoliberalism and of the globalized financial sector of the economy produces a predatory version of capitalism, a capitalism that inherently tends towards crisis.
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capital, crises, derivatives, finance, financialisation, marxism, neoliberalism
Under the aspect of the juxtaposition of commodity and money, Marx speaks in the first three chapters of Kapital Bd.1 of the commodity as a commodity form. If the development of value itself is addressed here at the same time, he speaks of the value form. In this context, he ...
The physical and the automaton, introducing the radical dyad of the non-human By abandoning the principle of philosophical sufficiency in the analysis of the dialectics between thought and the real, following Laruelle and Marx, we arrive at the determination in the last instance of what philosophy calls the “human.” In ...
capital, featured, non-laruelle, non-marxism, non-philosophy, patriarchy
Spyros Lapatsioras, John Milios and Dimitris Sotiropoulos
Contemporary capitalism seems too far away from the implementation of any version of a good society.
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Wenn die Autoren auf frühere Ökonomen zu sprechen kommen, die sich mit den Konzepten der Assetization bzw. Kapitalisierung auseinandergesetzt haben, dann zuerst auf den von Bichler/Nitzan geschätzten Thorstein Veblen, für den das Asset ein monetäre Konzept ist, das mit Eigentum und Wert konnotiert ist, wobei letzterer den kapitalisierbaren Wert repräsentiert. ...
Assetization, capital, capitalization, commodification, derivatives
John Milios Department of Humanities, Social Sciences and LawNational Technical Universityof Athens, GreeceEmail: john.milios@gmail.com
Dimitris P. SotiropoulosDepartment of Sociology University of the Aegean, GreeceEmail: d.p.sotiropoulos@gmail.com
Short description: When does a theory really die? In the history of economic thought, it is rather common to assume that the labour theory of ...
capital, financialisation, Keynes, labour theory, marx, money, Veblen
8Growing Through SabotageThe CasP project has identified numerous such paths of differential accumulation through strategic sabotage. A partial list of these paths includes higher unemployment that redistrib-utes income in favour of capitalists (Bichler and Nitzan 2014a); decelerating employment growth that shifts income in favour of the top 1% of individuals ...
capital, Capital as Power, differential accumulation, energy, sobatage
In the opinion of Georgios Stamatis, Marx, when presenting the law of the tendency of the general rate of profit, equates value and price, among other things in order to disregard the effect of the so-called Wicksell effects (including the observation of the relationship between the rate of profit and ...
capital, Ernest Mandel, law of falling profitrate, marx, marxism, profitrate
Himan P. Minsky is usually associated with post-Keynesian economic theory, more precisely with the American “school”, to which authors such as Weintraub, Moore, Eichner, Kregel, etc. belong. In contrast to the European school around Kalecki, Robinson, Kaldor, Harcourt etc., this school is more concerned with the monetary and financial processes ...
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The less you are, the less you express your own life, the more you have, the more pronounced is your alienated life, the greater is the aggregate of your alienated being.
-Karl Marx, Economic-Philosophical Manuscripts, 1844 [1]
Jacques ...
capital, Cioran, Gemeinwesen, marxism, Millenarianism, state
Undoubtedly, Joseph Alois Schumpeter ‘was one of the greatest economists of all time’ (Haberler, 1950, p. 1) who made seminal contributions to economics and had a major impact on the development of the discipline in the twentieth century. However, some important aspects of his works remain less widely discussed.
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Lisa Adkins and Martijn Konings
Following the 2007/08 financial crisis the creation of a less unequal and fairer world appeared to be a major prospect. As is by now all too familiar, after the financial crisis, instead of becoming more progressive, societies turned out to be more unequal, with inequalities ...
