Capital as Power: An Audio Interview with Jonathan Nitzan

Capital as Power: An Audio Interview with Jonathan Nitzan
Cochrane, DT and Nitzan, Jonathan. (2010). September. (Interview; English).

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Abstract or Brief Description


1. Why do we need a theory of capital at all? (00:51 minutes)

2. Why do we need a new theory of capital? (10:28 minutes)

3. What does your theory of capital do that the other problematic theories do not? (21:57 minutes)

4. Where do other power institutions such as the military or the police and other government organs fit within this cosmology? (06:32 minutes)

5. You have described capital as "finance, and only finance." This would seem to be an explicit inversion of Marx who considered finance to be fictitious capital. Can you describe the role of finance in capitalism? (19:30 minutes)

6. Marx's system of thought was a total system. What consequences, if any, does your theory have for other important Marxian concepts, such as alienation? (23:25 minutes)

7. Marx’s emphasis on production and labour gave workers a central role in both capitalist society and the communist society to come. What are the consequences for your understanding of the worker’s role in accumulation on the one hand and a humane post-capitalist society on the other? (20:57 minutes)

8. What, if anything, does your theory tell us about either resistance against capitalism today or the creation of a humane post-capitalist society? (06:20 minutes)

Duration of the complete interview: 1:51 hours



Publication Type


Commentary on

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


ownership accumulation capital class cosmology dominant capital duality elementary particles equilibrium exploitation fictitious capital finance globalization government labour theory of value mode of power mode of production neoclassical economics neo-Marxism nomos political economy politics vs. economics price productivity profit real vs. nominal socially necessary abstract labour stagnation state surplus value utility utils


BN Theory
BN State & Government
BN Cooperation & Collective Action
BN Industrial Organization
BN Civil Society
BN Institutions
BN Macro
BN War & Peace
BN Conflict & Violence
BN History
BN Methodology
BN Agency
BN Resistance
BN Capital & Accumulation
BN Class
BN Labour
BN Growth
BN Civilization & Social Systems
BN Hegemony
BN Power
BN International & Global
BN Culture
BN Business Enterprise
BN Value & Price
BN Crisis
BN Production
BN Myth
BN Money & Finance
BN Ideology
BN Distribution
BN Micro
BN Policy

Depositing User

Jonathan Nitzan

Date Deposited

06 Jun 2012

Last Modified

01 Apr 2016 18:30


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