Book Review: Capital as Power: A Study in Order and Creorder

Cochrane, DT

doi:10.3798/tia.1937-0237.10020

Cited by 2 publications

(3 citation statements)

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“…The third group contains an article representing the 'post-Keynesian Marxist' economics ideology, elaborated by Baines and Hager (2021). The authors use the capitalas-power approach, proposed by Nitzan and Bichler in 2009, who interpreted capital as quantified power and reject labour value theory, asserting 'capitalization' as the key to understanding capitalist society (Cochrane 2010). In other words, contemporary social dynamics are not derived from the appropriation of labour value generated by workers, but from all social relations controlled, influenced, and transformed by inter-capitalist disputes (Cochrane 2010).…”

Section: Analysis Matricesmentioning

confidence: 99%

“…The authors use the capitalas-power approach, proposed by Nitzan and Bichler in 2009, who interpreted capital as quantified power and reject labour value theory, asserting 'capitalization' as the key to understanding capitalist society (Cochrane 2010). In other words, contemporary social dynamics are not derived from the appropriation of labour value generated by workers, but from all social relations controlled, influenced, and transformed by inter-capitalist disputes (Cochrane 2010). Such a perspective of analysis limits the authors' (Baines and Hager 2021) opinion of conceiving the COVID-19 crisis as a missed opportunity for policymakers, who could use their fiscal and monetary power to build a more stable and equitable financial system.…”

Section: Analysis Matricesmentioning

confidence: 99%

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Has the COVID-19 Pandemic Cooled Down or Stimulated the Countertendencies of Capital? A Critical Review

2023

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This is a critical review of what the Marxist scientific literature presents on the forms of countertendency to falling profit rates carried out during the COVID-19 pandemic. The 33 articles included in this review were studied using a Marxist approach. The following elements of the articles were synthesized and criticized: the analysis matrices, the methodological aspects of the articles, the elements contrary to the law of the tendency of the rate of profit to fall, and the cases studied and their contexts of analysis. The articles reviewed allow us to state that during the COVID-19 pandemic, there was intensification in the forms of an increased degree of labour exploitation, cheapening of the elements of constant capital, and increased relative overpopulation and shareholder capital.

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Section: Analysis Matricesmentioning

confidence: 99%

Section: Analysis Matricesmentioning

confidence: 99%

Has the COVID-19 Pandemic Cooled Down or Stimulated the Countertendencies of Capital? A Critical Review

2023

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“…Many additional negative consequences of these trends could be viewed as collateral damage from a Capital as Power framework-they are unintended impacts of the strategies used to increase dominance (Cochrane, 2010). Most ecological impacts fall into this category, and political ecologists are prominent among researchers detailing these impacts empirically.…”

Section: Theoretical Perspectivesmentioning

confidence: 99%

“Protein” Industry Convergence and Its Implications for Resilient and Equitable Food Systems

Howard

Ajena²,

Yamaoka

et al. 2021

Front. Sustain. Food Syst.

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Recent years have seen the convergence of industries that focus on higher protein foods, such as meat processing firms expanding into plant-based substitutes and/or cellular meat production, and fisheries firms expanding into aquaculture. A driving force behind these changes is dominant firms seeking to increase their power relative to close competitors, including by extending beyond boundaries that pose constraints to growth. The broad banner of “protein” offers a promising space to achieve this goal, despite its nutritionally reductionist focus on a single macronutrient. Protein firm strategies to increase their dominance are likely to further diminish equity in food systems by exacerbating power asymmetries. In addition, the resilience of food systems has the potential to be weakened as these strategies tend to reduce organizational diversity, as well as the genetic diversity of livestock and crops. To better understand these changes, we visually characterize firms that are most dominant in higher protein food industries globally and their recent strategic moves. We discuss the likelihood for these trends to further jeopardize food system resilience and equity, and we make recommendations for avoiding these impacts.

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Book Review: Capital as Power: A Study in Order and Creorder

Cited by 2 publications

References 0 publications

Has the COVID-19 Pandemic Cooled Down or Stimulated the Countertendencies of Capital? A Critical Review

Has the COVID-19 Pandemic Cooled Down or Stimulated the Countertendencies of Capital? A Critical Review

“Protein” Industry Convergence and Its Implications for Resilient and Equitable Food Systems

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