Capital as Power. A Study of Order and Creorder

Written by: Jonathon Nitzan and Shimshon Bichler

This is not your typical economics textbook. The authors believe that capital is a “symbolic quantification of power” and that it “represents the organized power of dominant capital groups to reshape – or reorder – their society.” Their term creorder stands for creating order. They explain that having a history is creating order.

Both authors are professors of political economy; Joanathan Nitzan at York University in Toronto and Shimshon Bichler at several Israel colleges and universities. They question the more historical economics theories of Marxism, materialism and production. They do not suggest that students should have completed any particular courses prior to reading their work. I’ve seen some online reviews for Capital as Power and they are quite mixed. They should lead to interesting classroom debate.

Chapter Titles

  1. Why write a book about capital?
  2. The Dual Worlds
  3. Power
  4. Deflections of Power
  5. Neoclassical Parables
  6. The Marxist Entanglement I: Values and Prices
  7. The Marxist Entanglement II: Who is Productive, Who Is Not?
  8. Capitalization: A Brief Anthropology
  9. Capitalization: Fiction, Mirror of Distortion?
  10. Capitalization: Elementary Particles
  11. Accumulation and Sabotage
  12. The Capitalist Mode of Power
  13. Differential Accumulation and Dominant Capital
  14. Breadth
  15. Depth
  16. Differential Accumulation: Past and Future

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Capital as Power. A Study of Order and Creorder

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