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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
    as

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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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    References listed on IDEAS

    as
    1. Bichler, Shimshon & Nitzan, Jonathan, 1996. "Putting the State In Its Place: US Foreign Policy and Differential Accumulation in Middle-East “Energy Conflicts”," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 3(4), pages 608-661.
    2. Martin, Ulf, 2019. "The Autocatalytic Sprawl of Pseudorational Mastery," Review of Capital as Power, Capital As Power - Toward a New Cosmology of Capitalism, vol. 1(4), pages 1-30.
    3. Nitzan, Jonathan & Bichler, Shimshon, 1995. "Bringing Capital Accumulation Back In: The Weapondollar-Petrodollar Coalition – Military Contractors, Oil Companies and Middle-East "Energy Conflicts"," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 2(3), pages 446-515.
    4. Nitzan, Jonathan & Bichler, Shimshon, 2018. "Arms and Oil in the Middle East: A Biography of Research," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 30(3), pages 418-440.
    5. Fix, Blair, 2022. "Have We Passed Peak Capitalism?," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, issue 102, pages 55-88.
    6. Fix, Blair, 2022. "Have We Passed Peak Capitalism?," EconStor Preprints 261301, ZBW - Leibniz Information Centre for Economics.
    Full references (including those not matched with items on IDEAS)

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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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