Arthur Kroker: Accelerationist Capitalization A friend mentioned to me that Kroker was for the Left what Nick Land is for the neo-reaction, the hyperstitional mythographer of capitalization as an alien entity gathering steam year by year through acceleration of the …
Until the late 2000s, our work focused primarily on why capitalism should be understood as a modeof power. We argued that capital itself is a form of organized power and researched how capitalists sustain, defend and augment their capitalized power. …
There’s something mysterious about finance. The symbols are arcane. The math is complex. The practitioners are impressively educated. And the stakes are high. All of this gives finance the veneer of higher truth — as if quants are uncovering a …
Immortality 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 Sumerian king who …
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 – …
Liberal capitalist polities are being held up as the ultimate civilizational achievement precisely at a point in time when the energy-demanding built environments and growth imperatives of these societies are threatened by global climate change and the coming end of …
Capitalizing a future unsustainable: Finance, energy and the fate of market civilization
There’s something mysterious about finance. The symbols are arcane. The math is complex. The practitioners are impressively educated. And the stakes are high. All of this gives finance the veneer of higher truth — as if quants are uncovering a …
Introduction The wealth of societies in which the capitalist mode of production prevails appears as an immense collection of commodities assets. — paraphrasing Karl Marx The mirages revolt The financial meltdown of 2008 presented an opportunity to examine certain fundamental …
From Commodities to Assets / Capital as Power and the Ontology of Finance
Tim Di Muzio & Richard Robbins This article seeks to contribute to the existing critical debates on money and debt by advancing three main arguments. First, largely due to such debates’ tendency for description, the article argues that in in …
Until the late 2000s, our work focused primarily on why capitalism should be understood as a mode of power. We argued that capital itself is a form of organized power and researched how capitalists sustain, defend and augment their capitalized …
If you listen carefully, you can hear Jeff Bezos getting richer. There’s the sound again. Another billion in Bezos’ coffers. Let’s put some numbers to this sound of money. Since 2017, Bezos’ net worth has grown by about $4 million …
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 …