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The Enlightened Capitalist


  • Bichler, Shimshon
  • Nitzan, Jonathan


On April 16, 2014, we published a short article in the Indian fortnightly Frontline, titled 'Profit from Crisis'. Scarcely had a day passed from the article’s publication that we got an angry email from an asset manager whom we'll call 'Mr. X'. Mr. X is an enlightened capitalist, and reading our piece had set him on fire. Our article, he protested, was 'terribly flawed'. It 'failed miserably' in understanding capitalism, and its allegation that capitalists do not want recovery is doing 'tremendous harm'. This note deconstructs Mr. X's protestations in the context of the current capitalist angst.

Suggested Citation

  • Bichler, Shimshon & Nitzan, Jonathan, 2014. "The Enlightened Capitalist," EconStor Preprints 157839, ZBW - German National Library of Economics.
  • Handle: RePEc:zbw:esprep:157839

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    References listed on IDEAS

    1. repec:zbw:espost:157783 is not listed on IDEAS
    2. Bichler, Shimshon & Nitzan, Jonathan, 2013. "Can Capitalists Afford Recovery? Economic Policy When Capital is Power," Working Papers on Capital as Power 2013/01, Capital As Power - Toward a New Cosmology of Capitalism.
    3. Bichler, Shimshon & Nitzan, Jonathan, 2010. "Systemic Fear, Modern Finance and the Future of Capitalism," EconStor Preprints 157830, ZBW - German National Library of Economics.
    4. repec:zbw:espost:157789 is not listed on IDEAS
    5. Bichler, Shimshon & Nitzan, Jonathan, 2014. "How Capitalists Learned to Stop Worrying and Love the Crisis," EconStor Open Access Articles, ZBW - German National Library of Economics, pages 65-73.
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