FROM THE ARTICLE: At first glance, it would appear that Deleuze’s concept of structure involves a complex form of so-called creorder, a term that appears at the forefront of the methodological findings of the economists Bichler/Nitzan. If the structure is actualized in each of its moments in...

Our recent article on ‘The Road to Gaza’ examined the history of the three supreme-God churches and the growing role of their militias in armed conflicts and wars around the world. The present paper situates these militia wars in the broader vista of the capitalist mode of power. Focusing...

Our recent article on ‘The Road to Gaza’ examined the history of the three supreme-God churches and the growing role of their militias in armed conflicts and wars around the world. The present paper situates these militia wars in the broader vista of the capitalist mode of power. Focusing...

The significance of natural resources in facilitating financial activity is crucial in achieving a nation's sustainable economic advancement. This research directed to investigate the consequences of economic growth, rents of natural resources, and capitalization on financial development within...

Our recent article on "The Road to Gaza" examined the history of the three supreme-God churches and the growing role of their militias in armed conflicts and wars around the world. The present paper situates these militia wars in the broader vista of the capitalist mode of power. Focusing...

Assets thrive on liquidity but they also enact a freezing of their own, a freezing of the underlying. How can we undo the cold reign of the asset economy? By turning state practices of asset freezing into the basis for a pirate tactic of de-assetization. De-assetization means freezing over the...

Capitalizing a Cure takes readers into the struggle over a medical breakthrough to investigate the power of finance over business, biomedicine, and public health. When curative treatments for hepatitis C launched in 2013, sticker shock over their prices intensified the global debate over access...

Translation of 'Soft-wars' by Teppo Saari (Finnish): Pääoma valtana -viitekehys, jonka on kehittänyt Jonathan Nitzan ja Shimshon Bichler, esittää että liiketoiminnan tavoite ei ole ‘liikevoiton maksimointi’ vaan differentiaalinen yhteiskunnallisen vallan akkumulointi. Tätä...

תוך פחות מארבעים שנה הצליחו בעלי הסרטים לא רק להכפיל את הריכוזיות לנקודה שבה כ-90% מהכנסות הסרטים מתקבלות מ-10% בלבד מכלל הסרטים, אלא גם לצמצם פי ארבעה את הסיכון...

This interview was commissioned in October 2019 for a special issue on "Accumulation and Politics: Approaches and Concepts" to be published by the Revue de la régulation. We submitted the text in March 2020, only to learn two months later that it won't be published. The problem, we were...

Assets thrive on liquidity but they also enact a freezing of their own, a freezing of the underlying. How can we undo the cold reign of the asset economy? By turning state practices of asset freezing into the basis for a pirate tactic of de-assetization. De-assetization means freezing over the...

הקפיטליזם שולט בעולם. דיונים סוערים מתנהלים בין המלומדים הממסדיים לבין "הביקורתיים" על טיבו של הקפיטליזם הגלובלי. הבעיה היא שטיבו של המוסד המרכזי בקפיטליזם -- ההון...

הקפיטליזם שולט בעולם. דיונים סוערים מתנהלים בין המלומדים הממסדיים לבין "הביקורתיים" על טיבו של הקפיטליזם הגלובלי. הבעיה היא שטיבו של המוסד המרכזי בקפיטליזם -- ההון...

The purpose of this study is twofold: First, we examine the capital adjustment process using a partial adjustment framework and second, we test whether capitalization impacts the credit growth of microfinance institutions (MFIs) through the deviation (i.e. the divergence between the actual...

This paper investigates the impact of kindergarten proximity on housing market prices in the eleven major Italian Municipalities over the period 2004-2017. For this purpose, we employ a hedonic property price model. We also differentiate the impact of kindergarten proximity on houses' market...

The purpose of this study is twofold: First, we examine the capital adjustment process using a partial adjustment framework and second, we test whether capitalization impacts the credit growth of microfinance institutions (MFIs) through the deviation (i.e. the divergence between the actual...

1. Introduction -- 2. The valuation of intangible assets: an introduction -- 3. Artificial Intelligence-driven Digital Scalability and Growth Options -- 4. The valuation of Artificial Intelligence-driven know-how and patents -- 5. The valuation of Artificial Intelligence-driven startups -- 6....

A lot has been written on the imminent decline of pharmaceuticals: their falling production, reduced R&D, declining innovation, the opioid crisis, patent cliffs, biting competition from generic drugs, growing opposition to IPR. The list goes on. Judging by the yardsticks that matter the most,...

For more than a century, political economists have sought to understand the nature of capital. The prevailing wisdom is that there must be something ‘real’ – some productive capacity – that underpins capitalized values. This thinking, I argue, is a mistake. Building on Jonathan Nitzan...

This article responds to Baines and Hager’s recent critique of the capital-as-power model of the stock market. Proposed by Bichler and Nitzan, this model seeks to explain how financial crises are tied to the concept of ‘systemic fear’. Bichler and Nitzan tested their initial model on US...

The capital as power framework, developed by Jonathan Nitzan and Shimshon Bichler, argues that the aim of business is not ‘profit maximization’ but the differential accumulation of social power. Using this framework as a theoretical starting point, I analyze the differential accumulation...

This note offers some speculative ideas worth considering. One of the key features of all hierarchical civilizations is their rulers’ fear of death. This fear was famously narrated in the ancient myth of Gilgamesh – the Sumerian king who realized that, like all other humans, he too was...

This note offers some speculative ideas worth considering. One of the key features of all hierarchical civilizations is their rulers' fear of death. This fear was famously narrated in the ancient myth of Gilgamesh – the Sumerian king who realized that, like all other humans, he too was...

This note offers some speculative ideas worth considering. One of the key features of all hierarchical civilizations is their rulers' fear of death. This fear was famously narrated in the ancient myth of Gilgamesh - the Sumerian king who realized that, like all other humans, he too was destined...

The capital as power framework, developed by Jonathan Nitzan and Shimshon Bichler, argues that the aim of business is not 'profit maximization' but the differential accumulation of social power. Using this framework as a theoretical starting point, I analyze the differential accumulation...

This article responds to Baines and Hager’s recent critique of the capital-aspower model of the stock market. Proposed by Bichler and Nitzan, this model seeks to explain how financial crises are tied to the concept of "systemic fear". Bichler and Nitzan tested their initial model on US data,...

The aim of this paper is to analyze and test the effects of capital market development on the per-capita GDP growth in Saudi Arabian economy covering the period of 1985-2018. An ARDL, FMOLS and Johansen tests are implemented. The stock market indicators: share price index, capitalization,...

The aim of this paper is to analyze and test the effects of capital market development on the per-capita GDP growth in Saudi Arabian economy covering the period of 1985-2018. An ARDL, FMOLS and Johansen tests are implemented. The stock market indicators: share price index, capitalization,...

We review the recent theoretical and empirical literature on the capitalization of agricultural subsidies into land prices. The theoretical literature predicts that agricultural subsidies are capitalized into land prices when land supply is inelastic and land markets function well. The share of...

This study examines the impact of the Khartoum Stock Exchange market performance on economic growth in Sudan from Q1 1995 to Q4 2018. The data were collected from the Central Bank of Sudan (CBS) and Khartoum Stock Exchange (KSE). The autoregressive distributed lag (ARDL) bounds test was applied...

This paper explores new forms of cooperation emerging among small-scale fishers along the east coast of Tamil Nadu, as responses to wider transformations in fisheries and coastal landscapes. Increased competition for limited open-access resources has resulted in a capitalization of fisheries,...

This paper explores new forms of cooperation emerging among small-scale fishers along the east coast of Tamil Nadu, as responses to wider transformations in fisheries and coastal landscapes. Increased competition for limited open-access resources has resulted in a capitalization of fisheries,...

We review the recent theoretical and empirical literature on the capitalization of agricultural subsidies into land prices. The theoretical literature predicts that agricultural subsidies are capitalized into land prices when land supply is inelastic and land markets function well. The share of...

This study examines the impact of the Khartoum Stock Exchange market performance on economic growth in Sudan from Q1 1995 to Q4 2018. The data were collected from the Central Bank of Sudan (CBS) and Khartoum Stock Exchange (KSE). The autoregressive distributed lag (ARDL) bounds test was applied...