1.

Record Nr.

UNINA9910790581203321

Titolo

The capitalist mode of power : critical engagements with the power theory of value / / edited by Tim Di Muzio

Pubbl/distr/stampa

Abingdon, Oxon : , : Routledge, , 2014

ISBN

1-138-49016-4

0-203-79876-7

1-135-10584-7

Descrizione fisica

1 online resource (200 p.)

Collana

RIPE series in global political economy ; ; 37

Altri autori (Persone)

Di MuzioTim

Disciplina

338.5/21

Soggetti

Capitalism - Political aspects

Capital - Political aspects

Economics - Political aspects

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Cover; The Capitalist Mode of Power; Title Page; Copyright Page; Table of Contents; List of illustrations; Notes on contributors; Glossary; 1 The provocations of capital as power; A brief introduction to capital as power; Part I: the provocation of history; Part II: the provocation of a new theory; Part III: the provocation of critique; Part I The provocation of history; 2 Historicizing capital as power: energy, capitalization and globalized social reproduction; The emergence of capital as power; Fossil fuels, social reproduction and the rise of capital as power

The capitalization-energy-social reproduction nexus and the next great transformationConclusion; Part II The provocation of a new theory; 3 The power of investment banks: surplus absorption or differential capitalization?; Monopoly capital and investment bank power; Finance: surplus absorption?; Capital as power; Investment banks: differential accumulation; Diversified power and neoliberal regulation; Conclusion; 4 NAFTA, investiture and distribution: the power underpinnings of trade and investment liberalization in Canada; Capital as a power institution

Contextualizing trade and investment liberalization in CanadaSome animals are more equal than others; Investment, investitura and



distribution; The institutional reorganization of power; Conclusion; 5 'A degree of control': corporations and the struggle against South African apartheid; Background: the sullivan principles and the anti-apartheid movement; Differential accumulation as a theoretical and analytical tool; Corporate interest in S.A.: understanding the differential struggle; Divisions within the collective; Constructing control and the differential struggle; Conclusion(s); Appendix

Part III The provocation of critique6 Fighting the power? Struggle and resistance in Capital as Power; Differential accumulation; Conclusion; 7 State and capital: false dichotomy, structural super-determinism and moving beyond; I Situating the state of capital; II Critiquing the state of capital; III Moving beyond: towards a reconceptualization of the state; 8 Differential accumulation and the political economy of power; Accumulation and the logic of capitalist power; An economic conception of power; Finance and the commodification of power; Taking power seriously as a social relation

Conclusion9 From provocation to interrogation: the global political economy of the 1%, exploitation and the unfashionable problematic of 'capital' in IPE; The global political economy of the 1%; Exploitation and the capitalist mode of power; IPE and the unfashionable problematic of 'capital'; Bibliography; Index

Sommario/riassunto

This edited volume offers the first critical engagement with one of the most provocative and controversial theories in political economy: the thesis that capital can be theorized as power and that capital is finance and only finance. The book also includes a detailed introduction to this novel thesis first put forward by Nitzan and Bichler in their Capital as Power.Although endorsing the capital as power argument to varying extents, contributors to this volume agree that a new understanding of capital that radically departs from Marxist and Neoclassical theories cannot be ignored. Offering the