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Capital as Power: A Study of Order and Creorder Paperback – Jun 15 2009

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Most Helpful Customer Reviews on (beta) 3 reviews
12 of 12 people found the following review helpful
Essential reading for those wishing to "see" our point in the flow of history as if for the first time Feb. 1 2010
By D. Rawlence - Published on
Format: Paperback Verified Purchase
My review title may be a bit over the top, but I truly believe that this work by Jonathan Nitzan and Shimshon Bichler is a step completely "out of the box" - a total sidestep of the academic impasse of "mainstream" vs Marxist economics and a genuinely new view on the economic and political nature of our world. I don't suggest that this is the only thing one needs to read to start to put present times into perspective, but for me it has been one of the most valuable reads in a long time.

Although I'm not an economist or political scientist by profession (I'm an engineer) I was able to understand well enough from this work that neither school of economics can account correctly for how the capitalist economy actually works. However, the ability of the authors to put the current political and social state of the world into a long historical context was what made me consider this well worth the price. This they do with reference to the somewhat neglected work of Thorstein Veblen and Lewis Mumford as well as other writers not normally found in modern economics texts. On top of its solid academic and intellectual merits, this book was surprisingly entertaining to read. A funny book about economics - who would've guessed it?

For those looking to understand the world and not necessarily focused strictly on changing currents in political economy and economics, I'd personally recommend David Korten's "The Great Turning - from Empire to Earth Community" and Thomas Greco's "The End of Money and the Future of Civilization" in addition to this impressive book.

I apologise for only being able to review "Capital As Power" from the perspective of an "enthusiast" - now perhaps a specialist can provide a professional view. Such a major work deserves to be widely discussed and read and it was criminal for it not to be reviewed here. Out of respect for and appreciation of the authors I have done my best. Two thumbs up.
3 of 4 people found the following review helpful
Provides Answers To Why The Powerful Dislike Deflation July 10 2010
By Matt Holbert - Published on
Format: Hardcover
...when most of us -- whether we know it or not -- would benefit from the reset that the bailout kicked down the road. Unless you want to remain indoctrinated by a system that is completely inept at providing a quality environment for just about anything or anyone who is alive, you should read this book. Unfortunately, most of us think that the system provides freedom when in reality "[t]he Freidmanite individual may feel 'free to choose' his location in the distribution, but the distribution itself is shaped by the power institutions and organizations of capitalism." [p.160] The sooner we all recognize that most of us are "part of a collectively managed mob," the sooner we can start to make a shift to a more sane and free system.

A basic understanding of the faults of the dominant system is necessary in order to shape a world that is fair, just, and sane. This book provides that basic understanding and is highly recommended. If you can't afford the price, please search WorldCat for a nearby copy or alternatively search for the pdf of the book that the authors have made available online.
0 of 1 people found the following review helpful
A choice passage Dec 26 2011
By kaminsky - Published on
Format: Hardcover Verified Purchase
The analysis of inflation is a well worn
topic. You can look it up in various encyclopedias.
They usually offer a monetarist

The passage about inflation
in Bichler Nitzan looks more interesting.
page 370:
"Who are the winners and losers
in the struggle ...".