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New imperialism or new capitalism?

Listed author(s):
  • Nitzan, Jonathan
  • Bichler, Shimshon

Over the past century, the institution of capital and the process of its accumulation have been fundamentally transformed. By contrast, the theories that explain this institution and process have remained largely unchanged. The purpose of this paper is to address this mismatch. Using a broad brush, we outline a new, power theory of capital and accumulation. We use this theory to assess the changing meaning of the corporation and the capitalist state, the new ways in which capital gets accumulated and the specific historical trajectory of twentieth-century capitalism up to the present.

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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 5578.

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Date of creation: 2006
Publication status: Published in Review 1.XXIX(2006): pp. 1-86
Handle: RePEc:pra:mprapa:5578
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  1. repec:zbw:espost:157775 is not listed on IDEAS
  2. J. M. Keynes, 1937. "The General Theory of Employment," The Quarterly Journal of Economics, Oxford University Press, vol. 51(2), pages 209-223.
  3. repec:zbw:esmono:157972 is not listed on IDEAS
  4. Nitzan, Jonathan & Bichler, Shimshon, 2001. "Going Global: Differential Accumulation and the Great U-turn in South Africa and Israel," EconStor Open Access Articles, ZBW - German National Library of Economics, pages 21-55.
  5. Harcourt,G. C., 1972. "Some Cambridge Controversies in the Theory of Capital," Cambridge Books, Cambridge University Press, number 9780521096720, May.
  6. repec:zbw:espost:157771 is not listed on IDEAS
  7. Rowley, Robin & Bichler, Shimshon & Nitzan, Jonathan, 1989. "The Armadollar-Petrodollar Coalition and the Middle East," EconStor Preprints 157847, ZBW - German National Library of Economics.
  8. Veblen, Thorstein, 1904. "Theory of Business Enterprise," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number veblen1904, November.
  9. repec:zbw:espost:157978 is not listed on IDEAS
  10. repec:zbw:espost:157777 is not listed on IDEAS
  11. Joan Robinson, 1953. "The Production Function and the Theory of Capital," Review of Economic Studies, Oxford University Press, vol. 21(2), pages 81-106.
  12. Nitzan, Jonathan & Rowley, Robin & Bichler, Shimshon, 1989. "Changing Fortunes: Armaments and the U.S. Economy," EconStor Preprints 157846, ZBW - German National Library of Economics.
  13. Bichler, Shimshon & Rowley, Robin & Nitzan, Jonathan, 1989. "The Armadollar-Petrodollar Coalition: Demise or New Order?," EconStor Preprints 157848, ZBW - German National Library of Economics.
  14. Obstfeld,Maurice & Taylor,Alan M., 2005. "Global Capital Markets," Cambridge Books, Cambridge University Press, number 9780521671798, May.
  15. Harvey, David, 2005. "The New Imperialism," OUP Catalogue, Oxford University Press, number 9780199278084.
  16. Bichler, Shimshon & Nitzan, Jonathan, 2002. "New Economy or Transnational Ownership? The Global Political Economy of Israel," EconStor Preprints 157818, ZBW - German National Library of Economics.
  17. repec:zbw:espost:157769 is not listed on IDEAS
  18. Steedman, Ian, 1975. "Positive Profits with Negative Surplus Value," Economic Journal, Royal Economic Society, vol. 85(337), pages 114-123, March.
  19. Nitzan, Jonathan, 1989. "Price and Quantity Measurements: Theoretical Biases in Empirical Procedures," EconStor Preprints 157849, ZBW - German National Library of Economics.
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