The capitalist mode of power : critical engagements with the power theory of value

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Title:

Author:

Di Muzio, Tim.

ISBN:

9780415661997

Publication Information:

Abingdon, Oxon : Routledge, 2013.

Physical Description:

xvi, 183 pages ; 25 cm.

Series:

Routledge/RIPE series in global political economy ; 37

Routledge/RIPE studies in global political economy

Contents:

Machine generated contents note: 1.The provocations of capital as power / Tim Di Muzio -- A brief introduction to capital as power -- pt. I the provocation of history -- pt. II the provocation of a new theory -- pt. III the provocation of critique -- pt. I The provocation of history -- 2.Historicizing capital as power: energy, capitalization and globalized social reproduction / Tim Di Muzio -- 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 transformation -- Conclusion -- pt. II The provocation of a new theory -- 3.The power of investment banks: surplus absorption or differential capitalization? / Sandy Brian Hager -- Monopoly capital and investment bank power -- Finance: surplus absorption? -- Capital as power -- Investment banks: differential accumulation -- Diversified power and neoliberal regulation -- Conclusion --

Contents note continued: 4.NAFTA, investiture and distribution: the power underpinnings of trade and investment liberalization in Canada / Jordan Brennan -- Capital as a power institution -- Contextualizing trade and investment liberalization in Canada -- Some 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 / Jeffrey Monaghan -- 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 -- pt. III The provocation of critique -- 6.Fighting the power? Struggle and resistance in Capital as Power / Dan Bousfield -- Differential accumulation --

Contents note continued: Conclusion -- 7.State and capital: false dichotomy, structural super-determinism and moving beyond / Sean Starrs -- 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 / Steffan Wyn-Jones -- 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 -- Conclusion -- 9.From provocation to interrogation: the global political economy of the 1%, exploitation and the unfashionable problematic of `capital' in IPE / Tim Di Muzio -- The global political economy of the 1% -- Exploitation and the capitalist mode of power -- IPE and the unfashionable problematic of `capital'.

Subject Term:

Capitalism -- Political aspects.

Capital -- Political aspects.

Economics -- Political aspects.

Added Author:

Di Muzio, Tim.

Copies:

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Library	Material Type	Item Barcode	Shelf Number	Copy	Status
Searching... 1:IIEMSA	1:GEN-BOOK	33168025595352	338.521 M994C 2014	1	Searching... Unknown

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Summary

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 first application and appraisal of Nitzan and Bichler's theory, chapters examine the thesis in the context of energy and global capitalization, US Investment Banks, trade and investment agreements between Canada, the US and Mexico, and multinational corporations in Apartheid South Africa. Balancing theory, methodology and empirical analysis throughout, this book is accessible to new readers, whilst contextualising and advancing the original theoretical debate.

The Capitalist Mode of Power will be of interest to students and scholars of International Relations, Political Economy, Globalization and Critical Theory.