Last week we looked briefly at the origin of the term ‘sabotage’ and found that it was more associated with the working class than it was with elite power – those who largely shape and reshape the terrain of social reproduction. In this formulation, workers sabotage while businessmen build useful industry for the community. In … Read More
The EU has fined a selection of European and U.S. American banks €1.7 billion for rigging major interest-rate benchmarks. The article notes that the benchmarks – Libor, and the Tokyo and euro area interbank – are used in the pricing of hundreds of trillions of assets. The problem, according to the prosecutors, is that bankers … Read More
This is an interesting NYT article about buying habits, market research and advertising. It describes how Target has been able to compile and analyze customer data in order to identify women who are likely pregnant as early as possible. One of the reasons pregnant women are such an attractive market segment, the article states, is … Read More
This edited volume offers the first critical engagement with one of the most provocative and controversial theories in political economy: the thesis that capital can be theorized as power and that capital is finance and only finance. The book also includes a detailed introduction to this novel thesis first put forward by Nitzan and Bichler … Read More
This paper outlines the contours of a new research agenda for the analysis of food price crises. By weaving together a detailed quantitative examination of changes in corporate profit shares with a qualitative appraisal of the restructuring in business control over the organisation of society and nature, the paper points to the rapid ascendance of … Read More
In 1887 Henry Carter Adams produced a study demonstrating that the ownership of government bonds was heavily concentrated in the hands of a ‘bondholding class’ that lent to and, in Adams’s view, controlled the government like dominant shareholders control a corporation.
Working Paper No. 2013/01 Shimshon Bichler and Jonathan Nitzan, “Can Capitalists Afford Recovery? Economic Policy When Capital Is Power” Abstract: Economic, financial and social commentators from all directions and persuasion are obsessed with the prospect of recovery. The world remains mired in a deep, prolonged crisis, and the key question seems to be how to … Read More
It'd be good to use this community page as an online space where we can give one another advice on job opportunities... Please find below a link to the ...
A few years ago I never would have guessed that I would be using Excel so much. My journey to political economy was circuitous, and even then I did not ...
Postscript: The article has been "properly" = peer reviewed published at "Plose One"http://www.plosone.org/article/info%3Ad ... ...