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Vaclav Smil interviewed by Jonathan Watts: + You cite Kenneth Boulding’s distinction between the “cowboy economy” and the “spaceman economy”. The former is wide-open spaces and seemingly endless opportunities for resource consumption. The latter is a recognition that planet Earth is more like a closed spaceship on which we need to ...
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1. Blair Fix: "Speaking of Jonathan Nitzan and Shimshon Bichler, their work will be an important part of this blog. One hot summer with no air conditioning, I read their seminal book Capital as Power. I’m not exaggerating when I say that this book changed my life. It made me realize that most concepts in mainstream economics are built on a foundati...
Orsan Senalp: "Jonathan Nitzan, Shimshon Bichler's concept of 'Capital as Power' (A Study of Order and Creorder) is in accordance with Alexander Bogdanov's ideas which allows an alaternative conception of 'social class' which is determined by insetead of the position of its memebers with regard to the forces of production (ownership or non-ownershi...
A new definition of capital
By Shimshon Bichler and Jonathan Nitzan: "We start with capital. Contemporary students of capitalism, hamstrung by nineteenth-century biases, continue to think of accumulation in the ‘material’ terms of labor, production and consumption. In our opinion, this emphasis has become insufficient and misleading. Over the past century, capital has grown increasingly politicized in nature and financial in form. ‘Free competition’ and the formal separation of ‘state’ and ‘capital’ — where they existed...
The new characteristics of capital accumulation
By Shimshon Bichler and Jonathan Nitzan: We need "an alternative conceptualization of capital, understood not as a material entity but as a power institution. What gets accumulated, we argue, is neither ‘utility’ nor ‘dead labor,’ but financial claims on expected future earnings. These expected earnings, in turn,represent neither the ‘marginal productivity’ of capital nor ‘surplus value,’ butthe way capitalists view the future structure of power in society. A power understanding of accumulati...
Dominant Capital and the New Wars. By Shimshon Bichler and Jonathan Nitzan. Journal of World-Systems Research, 10(2), 255-327, 2004. doi
Contextual Quote For Peter Pogany, in his book Rethinking the World, culture is thermodynamic, i.e. it expresses the availability of matter and energy, and the level of complexity of its organizational forms.Paradoxically, the more we exercise our anti-entropic
Max-Neef classifies the fundamental human needs as: subsistence, protection, affection, understanding, participation, recreation (in the sense of leisure, time to reflect, or idleness), creation, identity and freedom. Needs are also defined according to the existential categories of being, having, doing and interacting, and from these ...
Description. "A well-researched and fascinating profile of Bram Cohen, the writer of the most disruptive technology of the period, the BitTorrent code. The profile outlines his past, his Asperger syndrome, and why the Moving Picture Association is not after him, despite Bittorrent movie downloads costing them 4% of total revenue.
Bio. "Jon Young grew up in Monmouth County, New Jersey, and was mentored from from the age of 10 as a naturalist, tracker, survivalist, and mentor in a native American tradition by the tracker and author Tom Brown, Jr. This mentoring forms the basis for Jon’s work. Jon worked off and on for many years at Tom Brown’s Tracker School as an ...
Cars are produced on-demand, when a client offers to pay for it. This implies almost no capital investment upfront to produce a SGT-01 commercial unit, which costs $14K for a $25K price tag. The new WikiSpeed commuter car will be sold around $17K, and Joe is already thinking about a future $1.000 “mini car”.
