Tag Archives: capitalism

Elite Business Networks and the Field of Power: A Matter of Class?

We explore the meaning and implications of Bourdieu’s construct of the field of power and integrate it into a wider conception of the formation and functioning of elites at the highest level in society. Corporate leaders active within the field … Continue reading

Posted in Capitalism, Class, Power, Ruling class | Tagged , , , | Leave a comment

Outsourcing the State: New Sources of Elite Power

This article uses the example of public sector outsourcing to explore how elite power can be fallible. A contract between the state and private companies represents a complex interweaving of different kinds of power with uncertain outcomes: the experience of … Continue reading

Posted in Capitalism, Elite, Power | Tagged , , | Leave a comment

Philanthrocapitalism as wealth management strategy among the global elite

In the resurgence of interest in inheritance flows following the publication of Piketty’s work, little attention has been paid to the affective practices that ensure the success of inheritance processes as wealth moves down generations of dynastic families. This article … Continue reading

Posted in Capitalism, Wealth | Tagged , | Leave a comment

Engels@200: Friedrich Engels in the Age of Digital Capitalism

This piece is the special issue “Engels@200: Friedrich Engels in the Age of Digital Capitalism” that the journal tripleC: Communication, Capitalism & Critique published on the occasion of Friedrich Engels’s 200th birthday on 28 November 2020. The introduction introduces Engels’s … Continue reading

Posted in Capitalism, Engels, Marx | Tagged , , | Leave a comment

Capitalism and Mental Health

A mental-health crisis is sweeping the globe. Recent estimates by the World Health Organization suggest that more than three hundred million people suffer from depression worldwide. Furthermore, twenty-three million are said to experience symptoms of schizophrenia, while approximately eight hundred … Continue reading

Posted in Capitalism, Mental Health | Tagged , | Comments Off on Capitalism and Mental Health

The Globalization of Capital and Its Ideologically Framed Policies

Emerging victorious from the war in 1945, the Americans went to cold war against the Soviets and hot wars against revolutionary forces in Korea and, later, Vietnam. By the 1960s in Latin America, efforts from mercenary invasion to terrorism and … Continue reading

Posted in Capitalism, Globalization, Neoliberalism | Tagged , , | Comments Off on The Globalization of Capital and Its Ideologically Framed Policies

Oligarchy Is Destroying Our Society and the Planet

Is capitalism on the brink of joining the dustbin of history? And what would a post-capitalist society and a sustainable economy look like? Since the onset of the Industrial Revolution, the world has experienced historically unprecedented levels of growth, with … Continue reading

Posted in Capitalism, Oligarchy | Tagged , | Comments Off on Oligarchy Is Destroying Our Society and the Planet

How (Not) to Criticize Karl Polanyi

Once a relatively obscure Hungarian academic, Karl Polanyi has posthumously become one of the central figures in debates about globalization. This recent interest in his thought has occasioned an unsympathetic treatment by Jeremy Adelman in the Boston Review. Adelman, a … Continue reading

Posted in Capitalism, Polanyi | Tagged , | Comments Off on How (Not) to Criticize Karl Polanyi

The Invention of Capitalism: How a Self-Sufficient Peasantry was Whipped Into Industrial Wage Slaves

Our popular economic wisdom says that capitalism equals freedom and free societies, right? Well, if you ever suspected that the logic is full of shit, then I’d recommend checking a book called The Invention of Capitalism, written by an economic … Continue reading

Posted in Capitalism | Tagged | Comments Off on The Invention of Capitalism: How a Self-Sufficient Peasantry was Whipped Into Industrial Wage Slaves

The Making of an Atlantic Ruling Class

This study investigates the process of capitalist class formation in the North Atlantic area in the period between the launch of Woodrow Wilson’s ‘Crusade for Democracy’ in 1917 and the world economic crisis of 1974-75. The crisis, from which capitalism … Continue reading

Posted in Capitalism, Class, Ruling class | Tagged , , | Comments Off on The Making of an Atlantic Ruling Class