IDEAS home Printed from https://ideas.repec.org/b/zbw/esmono/177844.html
   My bibliography  Save this book

El capital como poder. Un estudio del orden y el creorden

Author

Listed:
  • Nitzan, Jonathan
  • Bichler, Shimshon

Abstract

Las teorías convencionales del capitalismo están sumidas en una profunda crisis: tras siglos de debates todavía son incapaces de decirnos qué es el capital. Tanto liberales como marxistas se refieren al capital como una entidad 'económica' que puede ser contabilizada en unidades universales de 'utilidad' o de 'trabajo abstracto'. Pero estas unidades son totalmente ficticias. Nadie ha sido capaz de observarlas ni medirlas, y esto por una buena razón: no existen. Y dado que liberalismo y marxismo dependen de estas unidades inexistentes, sus teorías están suspendidas en el aire. No pueden explicar el proceso que más importa: la acumulación de capital. Este libro ofrece una alternativa radical. De acuerdo con los autores, el capital no es una entidad económica estrechamente identificable, sino una cuantificación simbólica del poder. Tiene poco que ver con la utilidad o el trabajo abstracto, y se extiende más allá de las máquinas y las líneas de producción. El capital, afirman Bichler y Nitzan, representa el poder organizado de los grupos del capital dominante para reconfigurar -o creordenar- su sociedad. Escrito en un lenguaje simple, accesible a lectores neófitos y expertos, este libro desarrolla una economía política novedosa. Conduce al lector a través de la historia, los supuestos y las limitaciones de la economía dominante y sus teorías políticas asociadas, examina la evolución del pensamiento marxista sobre la acumulación y el Estado, y articula una innovadora teoría del 'capital como poder', así como una nueva historia del 'modo de poder capitalista'.

Suggested Citation

  • Nitzan, Jonathan & Bichler, Shimshon, 2018. "El capital como poder. Un estudio del orden y el creorden," EconStor Books, ZBW - Leibniz Information Centre for Economics, number 177844, November.
    • Handle: RePEc:zbw:esmono:177844
    as

    Download full text from publisher

    File URL: https://www.econstor.eu/bitstream/10419/177844/1/2018_bn_el_capital_como_poder.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Strange,Susan, 1996. "The Retreat of the State," Cambridge Books, Cambridge University Press, number 9780521564298, January.
    2. Ochoa, Eduardo M, 1989. "Values, Prices, and Wage-Profit Curves in the U.S. Economy," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 13(3), pages 413-429, September.
    3. Ruggie, John Gerard, 1982. "International regimes, transactions, and change: embedded liberalism in the postwar economic order," International Organization, Cambridge University Press, vol. 36(2), pages 379-415, April.
    4. Stephen A. Ross, 2013. "The Arbitrage Theory of Capital Asset Pricing," World Scientific Book Chapters, in: Leonard C MacLean & William T Ziemba (ed.), HANDBOOK OF THE FUNDAMENTALS OF FINANCIAL DECISION MAKING Part I, chapter 1, pages 11-30, World Scientific Publishing Co. Pte. Ltd..
    5. Herbert A. Simon, 1955. "A Behavioral Model of Rational Choice," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 69(1), pages 99-118.
    6. Clifford Winston, 1998. "U.S. Industry Adjustment to Economic Deregulation," Journal of Economic Perspectives, American Economic Association, vol. 12(3), pages 89-110, Summer.
    7. Obstfeld,Maurice & Taylor,Alan M., 2005. "Global Capital Markets," Cambridge Books, Cambridge University Press, number 9780521671798, January.
    8. Wolff, Edward N, 1975. "The Rate of Surplus Value in Puerto Rico," Journal of Political Economy, University of Chicago Press, vol. 83(5), pages 935-949, October.
    9. Papademos, Lucas & Modigliani, Franco, 1990. "The supply of money and the control of nominal income," Handbook of Monetary Economics, in: B. M. Friedman & F. H. Hahn (ed.), Handbook of Monetary Economics, edition 1, volume 1, chapter 10, pages 399-399, Elsevier.
    10. Parks, Richard W, 1978. "Inflation and Relative Price Variability," Journal of Political Economy, University of Chicago Press, vol. 86(1), pages 79-95, February.
    11. Steedman, Ian, 1975. "Positive Profits with Negative Surplus Value," Economic Journal, Royal Economic Society, vol. 85(337), pages 114-123, March.
    12. Alan M. Taylor, 1996. "International Capital Mobility in History: The Saving-Investment Relationship," NBER Working Papers 5743, National Bureau of Economic Research, Inc.
    13. Alan M. Taylor, 1996. "International Capital Mobility in History: Purchasing-Power Parity in the Long Run," NBER Working Papers 5742, National Bureau of Economic Research, Inc.
    14. Whitley, Richard, 1986. "The transformation of business finance into financial economics: The roles of academic expansion and changes in U.S. capital markets," Accounting, Organizations and Society, Elsevier, vol. 11(2), pages 171-192, March.
    15. Ning Wang, 2007. "Measuring Transaction Costs: Diverging Approaches, Contending Practices," Division of Labor & Transaction Costs (DLTC), World Scientific Publishing Co. Pte. Ltd., vol. 2(02), pages 111-146.
    16. Stern,Nicholas, 2007. "The Economics of Climate Change," Cambridge Books, Cambridge University Press, number 9780521700801, January.
    17. Peter Temin, 2001. "A Market Economy in the Early Roman Empire," Oxford Economic and Social History Working Papers _039, University of Oxford, Department of Economics.
    18. Strange,Susan, 1996. "The Retreat of the State," Cambridge Books, Cambridge University Press, number 9780521564403, January.
    19. J. Tobin, 1958. "Liquidity Preference as Behavior Towards Risk," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 25(2), pages 65-86.
    20. Richard D. Wolff & Bruce Roberts & Antonino Callari, 1982. "Marx's (not Ricardo's) ‘Transformation Problem’: A Radical Reconceptualization," History of Political Economy, Duke University Press, vol. 14(4), pages 564-582, Winter.
    21. Scott, John, 1997. "Corporate Business and Capitalist Classes," OUP Catalogue, Oxford University Press, number 9780198280767.
    22. D. R. Scott, 1910. "The Capitalization Process," Journal of Political Economy, University of Chicago Press, vol. 18(3), pages 217-217.
    23. World Bank, 2004. "World Development Indicators 2004," World Bank Publications - Books, The World Bank Group, number 13890.
    24. L. Randall Wray (ed.), 2004. "Credit and State Theories of Money," Books, Edward Elgar Publishing, number 3204, March.
    25. William C. Brainard & James Tobin, 1968. "Pitfalls in Financial Model-Building," Cowles Foundation Discussion Papers 244, Cowles Foundation for Research in Economics, Yale University.
    26. William F. Sharpe, 1964. "Capital Asset Prices: A Theory Of Market Equilibrium Under Conditions Of Risk," Journal of Finance, American Finance Association, vol. 19(3), pages 425-442, September.
    27. Bob Sutcliffe & Andrew Glyn, 1999. "Still Underwhelmed: Indicators of Globalization and Their Misinterpretation," Review of Radical Political Economics, Union for Radical Political Economics, vol. 31(1), pages 111-131, March.
    28. William D. Nordhaus, 2007. "A Review of the Stern Review on the Economics of Climate Change," Journal of Economic Literature, American Economic Association, vol. 45(3), pages 686-702, September.
    29. Michael Perelman, 1990. "The Phenomenology of Constant Capital and Fictitious Capital," Review of Radical Political Economics, Union for Radical Political Economics, vol. 22(2-3), pages 66-91, June.
    30. Nitzan, Jonathan, 1989. "Price and Quantity Measurements: Theoretical Biases in Empirical Procedures," EconStor Preprints 157849, ZBW - Leibniz Information Centre for Economics.
    31. Peter Temin, 2001. "A Market Economy in the Early Roman Empire," Economics Series Working Papers 2001-W39, University of Oxford, Department of Economics.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Nitzan, Jonathan & Bichler, Shimshon, 2009. "Capital as Power. A Study of Order and Creorder," EconStor Books, ZBW - Leibniz Information Centre for Economics, number 157973, February.
    2. Nitzan, Jonathan, 2001. "Regimes of Differential Accumulation: Mergers, Stagflation and the Logic of Globalization," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 8(2), pages 226-274.
    3. Nathan Jensen, 2007. "International institutions and market expectations: Stock price responses to the WTO ruling on the 2002 U.S. steel tariffs," The Review of International Organizations, Springer, vol. 2(3), pages 261-280, September.
    4. Robin Maximilian Stetzka & Stefan Winter, 2023. "How rational is gambling?," Journal of Economic Surveys, Wiley Blackwell, vol. 37(4), pages 1432-1488, September.
    5. Simplice A, Asongu, 2011. "Government quality determinants of stock market performance in developing countries," MPRA Paper 35508, University Library of Munich, Germany.
    6. John G. Cragg & Burton G. Malkiel, 1982. "References, Index," NBER Chapters, in: Expectations and the Structure of Share Prices, pages 167-176, National Bureau of Economic Research, Inc.
    7. Behnam Najafzadeh & Mohammadreza Monjazeb & Siab Mamipour, 2016. "The Analysis of Real Exchange Rate Volatility and Stock Exchange Return with PANEL-GARCH Approach (Case Study: D8 Countries)," Iranian Economic Review (IER), Faculty of Economics,University of Tehran.Tehran,Iran, vol. 20(4), pages 525-550, Autumn.
    8. Kousky, Carolyn & Rostapshova, Olga & Toman, Michael & Zeckhauser, Richard, 2009. "Responding to threats of climate change mega-catastrophes," Policy Research Working Paper Series 5127, The World Bank.
    9. Paul Munene Muiruri, 2014. "Effects of Estimating Systematic Risk in Equity Stocks in the Nairobi Securities Exchange (NSE) (An Empirical Review of Systematic Risks Estimation)," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 4(4), pages 228-248, October.
    10. Lu Zhang, 2017. "The Investment CAPM," European Financial Management, European Financial Management Association, vol. 23(4), pages 545-603, September.
    11. Nitzan Weiss, 1984. "Reply to a Paradigmatic Comment: Capital Markets, Output, and the Demand for Inputs under Uncertainty," Eastern Economic Journal, Eastern Economic Association, vol. 10(1), pages 79-85, Jan-Mar.
    12. Asongu Simplice, 2011. "Democracy and Stock Market Performance in African Countries," Working Papers of the African Governance and Development Institute. 11/021, African Governance and Development Institute..
    13. M. Hossein Partovi, 2013. "Hedging and Leveraging: Principal Portfolios of the Capital Asset Pricing Model," Economics Bulletin, AccessEcon, vol. 33(4), pages 2930-2937.
    14. Benjamin M. Friedman & V. Vance Roley, 1985. "Aspects of Investor Behavior Under Risk," NBER Working Papers 1611, National Bureau of Economic Research, Inc.
    15. Thomas J. Brennan & Andrew W. Lo, 2010. "Impossible Frontiers," Management Science, INFORMS, vol. 56(6), pages 905-923, June.
    16. Karagiannidis, Iordanis & Vozlyublennaia, Nadia, 2016. "Limits to mutual funds' ability to rely on mean/variance optimization," Journal of Empirical Finance, Elsevier, vol. 37(C), pages 282-292.
    17. Frankfurter, George M. & Phillips, Herbert E., 1996. "Normative implications of equilibrium models: Homogeneous expectations and other artificialities," Journal of Economic Behavior & Organization, Elsevier, vol. 31(1), pages 67-83, October.
    18. Los, Cornelis A. & Tungsong, Satjaporn, 2008. "Investment Model Uncertainty and Fair Pricing," MPRA Paper 8859, University Library of Munich, Germany.
    19. Marian Negoita, 2014. "Globalization, state, and innovation: An appraisal of networked industrial policy," Regulation & Governance, John Wiley & Sons, vol. 8(3), pages 371-393, September.
    20. M. Hossein Partovi, 2013. "Hedging and Leveraging: Principal Portfolios of the Capital Asset Pricing Model," Papers 1306.4958, arXiv.org.

    More about this item

    Keywords

    capital as power; corporation; differential accumulation; dominant capital; finance; inflation; capitalization; value theory; modes of power; mergers and acquisitions; sabotage; stagflation; profit; state; redistribution; power;
    All these keywords.

    JEL classification:

    • P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:zbw:esmono:177844. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ZBW - Leibniz Information Centre for Economics (email available below). General contact details of provider: https://edirc.repec.org/data/zbwkide.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.