New Imperialism or New Capitalism?

Jonathan Nitzan and Shimshon Bichler

EconStor Open Access Articles and Book Chapters, 2006, vol. XXIX, issue 1, 1-86

Abstract: Over the past century, the institution of capital and the process of its accumulation have been fundamentally transformed. By contrast, the theories that explain this institution and process have remained largely unchanged. The purpose of this paper is to address this mismatch. Using a broad brush, we outline a new, power theory of capital and accumulation. We use this theory to assess the changing meaning of the corporation and the capitalist state, the new ways in which capital gets accumulated and the specific historical trajectory of twentieth-century capitalism up to the present.

Keywords: arms; accumulation; capital; flow; capitalism; conflict; corporation; crisis; distribution; elite; energy; finance; globalization; growth; imperialism; GPE; liberalism; Marxism; Middle East; military; national; interest; neoclassical economics; neoliberal (search for similar items in EconPapers)
Date: 2006
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Citations: View citations in EconPapers (19)

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Working Paper: New imperialism or new capitalism? (2006)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:espost:157779

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