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Fictitious Capital
  • Language: en
  • Pages: 177

Fictitious Capital

  • Type: Book
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  • Published: 2017-06-06
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  • Publisher: Verso Books

How finance is a mechanism of social and political domination The 2007–08 credit crisis and the long recession that followed brutally exposed the economic and social costs of financialization. Understanding what lay behind these events, the rise of “fictitious capital” and its opaque logic, is crucial to grasping the social and political conditions under which we live. Yet, for most people, the operations of the financial system remain shrouded in mystery. In this lucid and compelling book, economist Cédric Durand offers a concise and critical introduction to the world of finance, unveiling the truth behind the credit crunch. Fictitious Capital moves beyond moralizing tales about gree...

How Silicon Valley Unleashed Techno-Feudalism
  • Language: en

How Silicon Valley Unleashed Techno-Feudalism

  • Type: Book
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  • Published: 2024-09-03
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  • Publisher: Verso Books

The New Economy never arrived, instead we have regressed towards darker times. Have we already entered the age of techno-feudalism? Inequality, stagnant productivity, endemic instability: The new economy of the nineties promised a new era of freedom and prosperity fuelled by technology and innovation. It didn't deliver. Certainly, algorithms are everywhere, but this does not mean that capitalism has become civilized or provided for the 99%. In the hands of private corporations, the digitalization of the world drives us toward an even darker future. The return of monopolies, the dependence of subject-citizens on platforms, the blurring of the distinction between the economic and the political...

The End of the Democratic State
  • Language: en
  • Pages: 168

The End of the Democratic State

  • Type: Book
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  • Published: 2018-08-06
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  • Publisher: Springer

This edited volume takes a close look at Nicos Poulantzas’s thought as a means of understanding the dynamics of the capitalist, neoliberal state in the 21st century. Nicos Poulantzas has left us with one of the most sophisticated theories of the state in the second half of the 20th century. Poulantzas’s influential theory draws inspiration from Marx, Lenin, Weber, and Foucault, among other thinkers, conceiving of the relationship between capitalism and the state as particularly original. This book aims to use Poulantzas’s theory of the capitalist state in order to understand important political and economic trends that have taken place since Poulantzas’s death in 1979. By entering into a dialogue with current Marxist and critical research in diverse fields such as political science, philosophy, sociology, history, and geography, this volume purports to evaluate the actuality of Poulantzas’s thought.

The Ungovernable Society
  • Language: en
  • Pages: 350

The Ungovernable Society

  • Type: Book
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  • Published: 2021-05-03
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  • Publisher: Polity

Rebellion was in the air. Workers were on strike, students were demonstrating on campuses, discipline was breaking down. No relation of domination was left untouched – the relation between the sexes, the racial order, the hierarchies of class, relationships in families, workplaces and colleges. The upheavals of the late 1960s and early 1970s quickly spread through all sectors of social and economic life, threatening to make society ungovernable in the eyes of ruling elites. This crisis was also the birthplace of the authoritarian liberalism which continues to cast its shadow across the world in which we now live. To ward off the threat, new arts of government were devised in business-relat...

Techno-féodalisme
  • Language: fr
  • Pages: 252

Techno-féodalisme

Au début des années 2020, le consensus de la Silicon Valley se délite. Inégalités folles, stagnation de la productivité, instabilité endémique... la nouvelle économie n'est pas advenue. Les algorithmes sont omniprésents, mais ce n'est pas pour autant que le capitalisme s'est civilisé. Au contraire. La thèse de ce livre est qu'avec la digitalisation du monde se produit une grande régression. Retour des monopoles, dépendance des sujets aux plateformes, brouillage de la distinction entre l'économique et le politique : les mutations à l'œuvre transforment la qualité des processus sociaux et donnent une actualité nouvelle au féodalisme. Dans l'ordre économique qui émerge, les capitaux délaissent la production pour se concentrer sur la prédation.

Afflicted Powers
  • Language: en
  • Pages: 232

Afflicted Powers

  • Type: Book
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  • Published: 2005-06-17
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  • Publisher: Verso

"Afflicted Powers is an account of world politics since September 11, 2001. It aims to confront the perplexing doubleness of the present - its lethal mixture of atavism and new-fangledness. A brute return of the past, calling to mind now the Scramble for Africa, now the Wars of Religion, is accompanied by an equally monstrous political deployment of (and entrapment in) the apparatus of a hyper-modern production of appearances."--BOOK JACKET.

Accumulating Capital Today
  • Language: en
  • Pages: 230

Accumulating Capital Today

  • Type: Book
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  • Published: 2021-01-30
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  • Publisher: Routledge

This book explores the renewal of forms of capital accumulation and the institutions that shape it. It focuses on three main sources of accumulation: the extraction of profit through labor and the commodification of nature, financial speculation and the ways in which profit is converted into wealth. It thus offers a new understanding of the economic and political logics of capital accumulation within capitalism in the 21st century. It shows the recomposition of the sources of profit, from the traditional mechanisms of labor exploitation to the contemporary logics of speculation and dispossession. Bringing together the work of scholars who study the social fabric of capitalist accumulation, Accumulating Capital Today goes beyond disciplinary frontiers to describe how capital is accumulating in a world threatened by social and environmental collapse. This book heralds the emergence of "accumulation studies" and will be of interest to researchers in sociology, anthropology, politics, political economy, geography and economics.

Capitalism, Power and Innovation
  • Language: en
  • Pages: 279

Capitalism, Power and Innovation

  • Type: Book
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  • Published: 2021-03-29
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  • Publisher: Routledge

In contemporary global capitalism, the most powerful corporations are innovation or intellectual monopolies. The book’s unique perspective focuses on how private ownership and control of knowledge and data have become a major source of rent and power. The author explains how at the one pole, these corporations concentrate income, property and power in the United States, China, and in a handful of intellectual monopolies, particularly from digital and pharmaceutical industries, while at the other pole developing countries are left further behind. The book includes detailed empirical mappings of how intellectual monopolies develop and transform knowledge from universities and open-source col...

Tax and Technology
  • Language: en
  • Pages: 683

Tax and Technology

  • Categories: Law

The challenges and opportunities of new technologies in the tax field Technological developments induced major reforms in the regulatory international and domestic tax landscapes as well as in the developments in the use of technology by tax administrations and taxpayers. New technology, especially the innovations in virtual asset-light cross-border business organizations, data analytics, service and process automation, on one hand, disrupted the well-established legal tax principles and rules and, on the other, stimulated informed data-driven and structured solutions in tax compliance. Technological advances affected nearly every area and each aspect of taxation: Direct tax regulations, ind...

Late Capitalism
  • Language: en
  • Pages: 628

Late Capitalism

  • Type: Book
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  • Published: 1999-04-17
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  • Publisher: Verso

Late Capitalism is the first major synthesis to have been produced by the contemporary revival of Marxist economics. It represents, in fact, the only systematic attempt so far ever made to combine the general theory of the “laws of motion” of the capitalist mode of production developed by Marx, with the concrete history of capitalism in the twentieth century. Mandel’s book starts with a challenging discussion of the appropriate methods for studying the capitalist economies. He seeks to show why the classical approaches of Luxemburg, Bukharin, Bauer and Grossman failed to accomplish the further development of Marxist theory whose urgency became evident after Marx’s death. He then sket...