Rethinking Capital (Two-Part Radio Interview with Jonathan Nitzan)

capital capitalism cosmology Marxism neoclassical economics power scienceFROM THE PROGRAM PAGE: "If capital accumulation is the single most important process of capitalism, then what is capital? We all might assume capital is an economic entity rooted in production and consumption, but Jonathan Nitzan claims otherwise. In Part One of the interview he argues that capital is, instead, a mode of power. He also describes the separation of economics from politics and the bifurcation of the economy into the real and nominal spheres. In Part Two, Nitzan brings up corporate profit-taking, the sabotage by capitalists of industry, and conflicts over energy. He also contends that the concept of the economy as a distinct, objective category needs to be discarded." Part One: 52 minutes Part Two: 32 minute