Blog

Performing the Real-Nominal Bifurcation

May 11, 2015
the burbs

The Globe & Mail recently published a roundup of seven analyses of the Canadian housing sector. All of the analyses took some position on whether or not housing in Canada is “overvalued.” The positions ranged from 60 percent overvalued to seven percent under-valued. Regardless of the position, all of the analyses – at least as … Read More

Patriarchy above the glass ceiling

April 28, 2015
Glass Ceiling by Mark Atwood

The logic of accumulation is not the only logic that motivates capitalists. As fully actualized human beings, they remain complex in their desires. Rather, the logic of accumulation is dominant and, Nitzan and Bichler argue, pervasive and ascendant; increasingly operating beyond the business domain. However, the other logics, or principles of behaviour, that inform people’s … Read More

Profits and Terror in Argentina in the 1970s

February 21, 2015
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New data on the profitability of Argentina’s largest corporations help explain the origins of its last military dictatorship. During Argentina’s military dictatorship of 1976-1983, up to 30,000 people were killed by the armed forces. Figure 1 provides an indication of why.

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Publications

Fuel, Feed and the Corporate Restructuring of the Food Regime

February 19, 2015
p8030073

The agrofuel boom has brought about some of the most significant transformations in the world food system in recent decades. A rich and diverse body of agrarian political economy research has emerged that elucidates the conflicts and redistributional shifts engendered by these transformations. However, less attention has been given to differences within agri-food capital. This … Read More

Ascent of Giants: NAFTA, Corporate Power and the Growing Income Gap

February 12, 2015
Bay_Street_May_2010

There is growing awareness in Canada of how unequal society is becoming. It is probably most obvious in the gap between the compensation of Canada’s highest paid corporate executives and the average worker. The political pressure to do something to close this gap, for example by increasing taxes at the top of the income spectrum, is significant. At the … Read More

The Plutonomy of the 1%: Dominant Ownership and Conspicuous Consumption in the New Gilded Age

February 12, 2015

This article offers a study on the plutonomy of dominant owners and what their consumptive practices might tell us from the lens of the capital as power framework in IPE. I argue that the differential consumption of dominant owners is an important dimension of an internationalised capitalist mode of power for two reasons. First, Nitzan … Read More

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Working Papers

No. 2014/05: Fix, “Putting Power Back Into Growth Theory” (Winner of the 2014 RECASP Essay Prize)

April 27, 2015
sprawl

Working Paper No. 2014/05 Blair Fix, “Putting Power Back Into Growth Theory” * Winner of the 2014 RECASP Essay Prize * Neoclassical growth theory assumes that economic growth is an atomistic process in which changes in distribution play no role. Unfortunately, when this assumption is tested against real-world evidence, it is systematically violated. This paper … Read More

No. 2015/02: McMahon, “Marxism, Culture and the Measurement of Value”

March 6, 2015
writing

Working Paper No. 2015/02 James McMahon, “Marxism, Culture and the Measurement of Value” Various studies of mass culture use the Marxist labour theory of value to conceptualize how capital is being accumulated from cultural production and its broader social and immaterial dimensions. However, there is a significant methodological problem that lingers. The issue stems from … Read More

No. 2015/01: Hager, “Public Debt as Corporate Power”

January 6, 2015
demonocracy-federal_reserve_money_printing-wall_street_manipulation

Working Paper No. 2015/01 Sandy Brian Hager, “Public Debt as Corporate Power” In various writings Karl Marx made references to an ‘aristocracy of finance’ in Western Europe and the United States that dominated ownership of the public debt. Drawing on original research, this paper offers the first comprehensive analysis of the pattern of public debt … Read More

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Critical Mass Forum

Research • Education

May 13, 2015

This post has two parts: the first, a bit of a rant; the second, some empirical research.First off, I am becoming increasingly disillusioned with the ...

Research • Inequality and Capitalist Income

April 18, 2015

For a long time now I've been bothered by the lack of a clear connection between capitalist income and inequality. I've always thought that the connection ...

Research • Re: The Depth Spectrum

February 23, 2015

Very interesting results, Blair, and fresh thinking.Since 'techno mass', just like 'real capital', has no unique magnitude, it cannot be measured. And ...

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