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"
Larudee, Mehrene. (2011). Review of Radical Political Economics. Vol. 43. No. 3. September. pp. 418-420. (Review; English).

Full Text Available As: PDF (File size: 202 KB) - Requires Adobe Acrobat Reader or other PDF viewer.

Abstract or Brief Description

FROM THE REVIEW: "What is capital? In this impressive work, Nitzan and Bichler argue cogently, carefully, and (to my mind) convincingly that we should reject both the neoclassical and the Marxian conceptions of capital, and embrace instead the alternative conception they offer: that capital is power. I admit I was highly skeptical before I read the book, despite my admiration for their previous work, especially their analysis of differential profit rates and other issues in Nitzan and Bichler (2002). I was surprised, then, to find that I was largely persuaded that in some important sense capital is power, and that this view implies a rigorous, empirically sound research program that yields highly useful results. This short review cannot hope adequately to convey the depth and rigor of their analysis, or the encyclopedic knowledge of Marxian and other literature on which it is based; my hope is simply that it inspires or provokes the reader to pick up the book and argue with its ideas."

Language

English

Publication Type

Review

Keywords

capital political economy

Subject

BN Money & Finance
BN Theory
BN State & Government
BN Methodology
BN Distribution
BN Institutions
BN Power
BN Capital & Accumulation
BN Business Enterprise
BN Value & Price

ID Code

319

Deposited On

26 August 2011

Commentary/Response Threads

• Nitzan, Jonathan and Bichler, Shimshon. Capital as Power. A Study of Order and Creorder. (deposited 29 November 2010)
  • Brennan, Jordan. Theory of Capital Makes a Comeback. New Strategies for the Study of Society (Review of Nitzan and Bichler's "Captial as Power"). (deposited 12 September 2009)
  • Nitzan, Jonathan. Invitation for a seminar on the current crisis followed by a book launch of CAPITAL AND POWER. (deposited 22 October 2009)
  • Brennan, Jordan. Review of Nitzan and Bichler's "Captial as Power: A Study of Order and Creorder". (deposited 18 December 2009)
  • Cochrane, DT. Review of Nitzan and Bichler's "Capital as Power: A Study of Order and Creorder". (deposited 06 June 2012)
  • Martin, Ulf and D'Alessio, Nestor and Wolf, Harald. Kapital als Macht und imaginäre Institution: Eine Einführung in die Kapitalmachttheorie von Jonathan Nitzan und Shimshon Bichler. (deposited 12 May 2010)
  • Fisher, Mark. From the Economic Crisis to Fanaticism, Three New Publications Explore the Meaning of Capital (Review of Nitzan and Bichler's "Capital as Power: A Study of Order and Creorder"). (deposited 30 August 2010)
  • Cochrane, DT and Nitzan, Jonathan. Capital as Power: An Audio Interview with Jonathan Nitzan. (deposited 06 June 2012)
  • Mathoor, Vineeth. Review of Nitzan and Bichler's "Capital as Power: A Study of Order and Creorder". (deposited 02 July 2011)
  • Hansen, Bue Rübner. Review of Nitzan and Bichler's "Capital as Power: A Study of Order and Creorder". (deposited 20 August 2011)
  • Larudee, Mehrene. Review of Nitzan and Bichler's "Capital as Power: A Study of Order and Creorder". (deposited 26 August 2011) [Currently Displayed]
  • Regilme, Salvador Santino F. Jr. Book Review: Jonathan Nitzan and Shimshon Bichler, "Capital as Power: A Study of Order and Creorder". (deposited 31 May 2012)
  • Soong, C. S. and Nitzan, Jonathan. Rethinking Capital (Two-Part Radio Interview with Jonathan Nitzan). (deposited 14 June 2012)
  • Wolf, Harald. 'Capital as Power' - Notiz zu einem neuen Forschungsansatz und einer Konferenz ('Capital as Power' - notice on a new research approach and a conference). (deposited 17 December 2012)
  • Alan, Freeman. Review of Jonathan Nitzan and Shimshon Bichler's "Capital as Power: A Study of Order and Creorder". (deposited 11 June 2013)