Review of Nitzan and Bichler's "Capital as Power: A Study of Order and Creorder"

Review of Nitzan and Bichler's "Capital as Power: A Study of Order and Creorder"
Cochrane, DT. (2010). Theory in Action. Vol. 3. No. 2. April. pp. 110-116. (Review; English).

Full Text Available As:
PDF (File size: 68 KB) - Requires Adobe Acrobat Reader or other PDF viewer.

Abstract or Brief Description

FROM THE REVIEW: "The authors of Capital As Power wish, as they said in their own words at a recent Rethinking Marxism conference, to perform a ‘ctrl-alt-del’ on current political economy. The basis for this extreme assertion is the sorry state of value theory and the concepts that depend upon that theory, including capital. In place of the two standard theories of value (the neoclassical ‘utility theory of value’ and the Marxist ‘labor theory of value’), both of which have serious analytical and ontological problems, Nitzan and Bichler offer a theory that capital is nothing but quantified power."

Language

English

Publication Type

Review

Keywords

activism capital political economy

Subject

BN Theory
BN Agency
BN Resistance
BN Capital & Accumulation
BN Civilization & Social Systems
BN Power
BN Value & Price

ID Code

284

Deposited On

06 June 2012



Commentary on:
Capital as Power. A Study of Order and Creorder
Nitzan, Jonathan and Bichler, Shimshon. (2009). RIPE Series in Global Political Economy. London and New York. Routledge. (Book; English).

Commentary/Response Threads