Disobedient Things. The Deepwater Horizon Oil Spill and Accounting for Disaster

Disobedient Things. The Deepwater Horizon Oil Spill and Accounting for Disaster
Cochrane, DT. (2016). Working Papers on Capital as Power. No. 2016/05. August. pp. 1-36. (Article - Working Paper; English).

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Abstract or Brief Description

Analysis of the Deepwater Horizon disaster and the accumulatory decline of BP demonstrates both the analytical efficacy of the capital-as-power (CasP) approach to value theory, and the irreducible role of objects in the process of accumulation. Rather than productivity per se, accumulation depends on control of productivity. Owners’ control is over both the human and non-human components of systems of production, which transcend the standard categories of culture/politics/economics/technology. Capitalization translates the irreducible social order, things and all, that bear on accumulation into commensurable units of capital. The decline of BP in the wake of the disaster expressed the market’s falling confidence in the obedience of the entities that bear on its profits, including the things that comprise its productive capacity.



Publication Type

Article - Working Paper


actor-network theory capitalization confidence in obedience Deepwater Horizon


BN Methodology
BN Money & Finance
BN Power
BN Production
BN Region - North America
BN Science & Technology
BN Agency
BN Value & Price
BN Business Enterprise
BN Capital & Accumulation

Depositing User

Jonathan Nitzan

Date Deposited

25 Aug 2016 12:43

Last Modified

25 Aug 2016 12:43



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