Capital as Power: A Study of Order and Creorder - PDF free download eBook

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Details of Capital as Power: A Study of Order and Creorder

Capital as Power: A Study of Order and Creorder
Exact title of book
Capital as Power: A Study of Order and Creorder
Book author
Jonathan Nitzan
ISBN
9780415496803
Published
Jun 15, 2009
Language
English
Format
PDF, FB2, EPUB, MOBI
Pages
464
File size (in PDF)
4176 kB

Some brief overview of book

Conventional theories of capitalism are mired in a deep crisis after centuries of debate, they are still unable to tell us what capital is. Liberals and Marxists both think of capital as an economic entity that they count in universal units of utils or abstract labour, respectively. But these units are totally fictitious.

Nobody has ever been able to observe or measure them, and for a good reason they dont exist. Since liberalism and Marxism depend on these non-existing units, their theories hang in suspension. They cannot explain the process that matters most the accumulation of capital.

This book offers a radical alternative. According to the authors, capital is not a narrow economic entity, but a symbolic quantification of power. It has little to do with utility or abstract labour, and it extends far beyond machines and production lines.

Capital, the authors claim, represents the organized power of dominant capital groups to reshape or creorder their society. Written in simple language, accessible to lay readers and experts alike, the book develops a novel political economy. It takes the reader through the history, assumptions and limitations of mainstream economics and its associated theories of politics.

It examines the evolution of Marxist thinking on accumulation and the state. And it articulates an innovative theory of capital as power and a new history of the capitalist mode of power.

About book author

Nitzan teaches political economy at York University in Toronto. Shimshon Bichler teaches political economy at colleges and universities in Israel. theories hang in suspension. They cannot explain the process that matters most the accumulation of capital.

This book offers a radical alternative. According to the authors, capital is not a narrow economic entity, but a symbolic quantification of power. It has little to do with utility or abstract labour, and it extends far beyond machines and production lines.

Capital, the authors claim, represents the organized power of dominant capital groups to reshape or creorder their society. Written in simple language, accessible to lay readers and experts alike, the book develops a novel political economy. It takes the reader through the history, assumptions and limitations of mainstream economics and its associated theories of politics.

It examines the evolution of Marxist thinking on accumulation and the state. And it articulates an innovative theory of capital as power and a new history of the capitalist mode of power.

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