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The Road to Gaza, Part II: The Capitalization of Everything

Author

Listed:
  • Bichler, Shimshon
  • Nitzan, Jonathan

Abstract

Our recent article on ‘The Road to Gaza’ examined the history of the three supreme-God churches and the growing role of their militias in armed conflicts and wars around the world. The present paper situates these militia wars in the broader vista of the capitalist mode of power. Focusing specifically on the Middle East, we show the impact these militia wars have on relative oil prices and differential oil profits and explain how the wars themselves, those who stir them and the subjects that fight them all get discounted into capitalized power.

Suggested Citation

  • Bichler, Shimshon & Nitzan, Jonathan, 2024. "The Road to Gaza, Part II: The Capitalization of Everything," Working Papers on Capital as Power 2024/04, Capital As Power - Toward a New Cosmology of Capitalism.
  • Handle: RePEc:zbw:capwps:301398
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    File URL: https://www.econstor.eu/bitstream/10419/301398/1/20240800_bn_the_road_to_gaza_part_ii_wpcasp.pdf
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    More about this item

    Keywords

    capitalization; church; corporation; differential accumulation; dominant capital; energy conflicts; Gaza; Middl East; militias; oil; OPEC; religion; war; Weapondollar-Petrodollar Coalition;
    All these keywords.

    JEL classification:

    • P00 - Political Economy and Comparative Economic Systems - - General - - - General
    • P1 - Political Economy and Comparative Economic Systems - - Capitalist Economies
    • P12 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Enterprises
    • P18 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Energy; Environment
    • H56 - Public Economics - - National Government Expenditures and Related Policies - - - National Security and War
    • N4 - Economic History - - Government, War, Law, International Relations, and Regulation

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