Just as a first-order idea of how #capitalaspower might be useful in understanding pricing, you can think of the price of an object as a function of two dimensionless ratios.
db/ds and ps/pb
db and ds are the desires of the buyer to possess or the seller to posses the object, and ps/pb is the power of the seller to force concessions compared to the power of the buyer to force concessions.
as a first approximation let's look at how this works as a simple product:
(db/ds) * (ps/pb)
Subtooting: people talking about how companies are making a ton of money because productivity gains in AI while firing workers would do well to understand the Capital as Power perspective on what measuring "productivity" in dollars means.
This transcript of an academic discussion session from Feb 2025 is really worth reading to get a sense of the ideas behind the "Capital as Power" perspective. Features the fediverses own @blair_fix
https://capitalaspower.com/2025/02/capital-as-power-in-the-21st-century/
Capital as Power in the 21st Century A Conversation MICHAEL HUDSON, JONATHAN NITZAN, TIM DI MUZIO, and BLAIR FIX February 2025 Abstract On December 3, 2024, Michael Hudson met with capital-as-power researchers Jonathan Nitzan, Tim Di Muzio, and Blair Fix to discuss the intersections between their two lines of research. What follows is a transcript […]
Are you interested in capital as power? Do you like writing essays?
Then here's a great opportunity: the 2024 Capital as Power Essay Competition is now open. Submit your paper for a chance to win $1000.
Capital as Power 2024 Essay Prize The Review of Capital as Power is pleased to announce our 2024 essay competition. We are seeking essays that engage with the idea of capital as power. Winning essays will be published in the Review of Capital as Power, and will receive: First Prize $1000 (CAD) Second Prize $500 […]
In this piece on modern anarchism, Daniel Baryon asks the big questions:
"Why has this society accumulated so much power, yet somehow fails to meet the most basic needs of humanity?"
https://capitalaspower.com/2023/07/a-modern-anarchism-part-1-anarchist-analysis/
Daniel Baryon Originally published at libcom.org Author’s Note The following is the script of the video I published on my channel Anark. If you would like to watch that video, it is here Minor edits have been made to the script to instead refer to itself as an essay instead of a video. Other than […]
Adam Marshall discusses how he's using the theory of capital as power to understand climate conflict.
Originally published at Manchester Metropolitan University Adam Marshall In recent years, as governments and corporations have intensified their efforts to locate, extract and monetise oil, gas, and various other biophysical resources, the world has simultaneously witnessed a proliferation of social resistance to these efforts. While such resistance can take many forms, it is invariably motivated […]
If you're interested in #capitalaspower, here's the syllabus for Jonathan Nitzan's course 'Global Capital'.
The reading list alone is incredibly useful.
Jonathan Nitzan What is capital? Despite centuries of debate, there is no clear answer to this question – and for a good reason. Capital is a polemic term. The way we define it attests our theoretical biases, ideological disposition, view of politics, class consciousness, social position, and more. Is capital the same as machines, or […]
For Polish speakers interested in #capitalaspower, here's a review of the book by Mateusz Pietryka.
'Kapitał, by rządzić, musi sabotować postęp'
https://capitalaspower.com/2023/03/pietryka-kapital-by-rzadzic-musi-sabotowac-postep/
Abstract Od głodu i biedy po zwykłe marnotrawstwo i nawracające fale przeróżnych kryzysów – to nie niepożądane skutki uboczne kapitalizmu, ale przejawy sabotażu. Bo nic nie utrwala władzy kapitału skuteczniej niż istnienie szerokiej rzeszy ludzi, którzy ani na chwilę nie mogą przestać pracować, by przeżyć. Capital, in order to rule, must sabotage progress From hunger […]
משקיעות שקראו כבר ב-2001 (שמונה שנים לפני "תחילת שיטות המדידה") את "מרווחי מלחמה לדיבידנדים של שלום" מאת שמשון ביכלר ויונתן ניצן, או את ספרם Capital as Power, או מכירים את התאוריה שעל שמה הוא קרוי, לא הופתעו מהמחזור הנוכחי: קואליציית עסקי השלום נחלשת, קואליציית האנרגיה-מלחמה מתחזקת.
הספר, גם במהדורה העברית, להורדה חינם (כמו רוב רובם של פרסומי הצמד) באתר שלהם:
https://bnarchives.yorku.ca/229/
וכאן במסטודון אפשר לעקוב אחרי
@blair_fix
#CapitalAsPower
#כלכלה #קפיטל #קפיטליזם #מניות #השקעות #גלובלי
Daniel Lakeland
Blair Fix
oznik أعوذ باللّه