state

Financial Capital in the 21th Century / Introduction

published by Palgrave The world economy is still in a phase of secular stagnation with persistently low growth rates of real gross domestic product.[1] The postwar litanies of boundless economic growth repeatedly preached by the representatives of capital and the …

Financial Capital in the 21th Century / Introduction

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

Death haunts every line of flight, tempting revolutionary forms of self-destruction into becoming forms of reactionary suicide

Thesis: States and state-capture [comparison + appropriation] are solutions to the problem posed by the lines of flight encountered in the historical process of State formation. But while both capture and its evasion presupposes these lines of flight as indeterminate …

Death haunts every line of flight, tempting revolutionary forms of self-destruction into becoming forms of reactionary suicide

„Die Revolte stellt alles in den Schatten, was die Welt zu bieten hat“

taken from Sūnzǐ Bīngfǎ Gerardo Muñoz: Idris, ich danke Ihnen für diesen Dialog über den aktuellen Moment in Amerika. Ich nehme an, ein passender Ausgangspunkt ist der anhaltende Bürgerkrieg. Das ist ein Problem, das Sie schon seit einiger Zeit beschäftigt. Sicherlich …

„Die Revolte stellt alles in den Schatten, was die Welt zu bieten hat“

Credit Creation, Debt and the State with Special Reference to and Critique of Modern Money Theory. (actualized version)

Among other things, we try to establish a connection between the credit creation of private banks (and the central bank), general indebtedness and economic growth under capitalism, and all this with the inclusion of a critique of Modern Money Theory. …

Credit Creation, Debt and the State with Special Reference to and Critique of Modern Money Theory. (actualized version)

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