Jonathan Nitzan
Jonathan Nitzan is an Israeli-Canadian economist and Professor of Political Economy at York University in Toronto, known for the theory of capital as power.
born 1950The theory of capital as powerThe concept of differential accumulationCollaboration with Shimshon Bichler
- Occupation
- economist
Jonathan Nitzan was born in 1950
Jonathan Nitzan was born in 1950. He is an Israeli-Canadian economist.
Nitzan is Professor of Political Economy at York University in Toronto, Canada. He works with Shimshon Bichler, and together they wrote The Global Political Economy of Israel in 2002 and Capital as Power: A Study of Order and Creorder in 2009.
Their work offers a view of capital that differs from both Marxian and neoclassical economics. In their theory, capital measures power, and private ownership is a form of organized exclusion. A key idea is differential accumulation, in which firms try to earn more than the average profit.
Nitzan and Bichler follow the tradition of institutional economists such as Thorstein Veblen. Like Veblen, they see business as aimed at monetary gain rather than at producing goods or machines.
Milestones in Jonathan Nitzan's life
- 1950
Born.
- 2002
Published The Global Political Economy of Israel with Shimshon Bichler.
- 2009
Published Capital as Power with Shimshon Bichler.
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Based on English Wikipedia, Jonathan Nitzan, under CC BY-SA 4.0. The facts are Wikidata's.
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