The Forum on Capital as Power brings together a diverse range of radically minded people who seek to explore the possibilities and limitations of the concept of power as an alternative basis for re-thinking political economy and its foundational categories of value, capital and accumulation. As the name of our forum suggests, we think that the Capital as Power framework offers a promising new alternative for pursuing radical and innovative research in political economy.

By conceptualizing capital as the symbolic quantification of power, and capitalism as a mode of power, this framework challenges the foundational bifurcations between politics/economics, ‘real’/’nominal’ and state/capital upon which conventional theories of capitalism rest. And by re-casting accumulation as a process of differential capitalization, this framework also offers research tools for empirically exploring capitalism; something that liberal and Marxist theories, anchored respectively in problematic units of ‘utility’ and ‘abstract labour’, have difficulty providing. This combined focus on theoretical-empirical research is, for us, of paramount importance. It points the way to a more democratic form of knowledge production. And it corresponds with what we believe should be a guiding maxim of radical praxis: that in order to change the world, we first have to adequately interpret and explain it.

Editors: Joseph Baines, D.T. Cochrane, Sandy Hager, James McMahon, Mladen Ostojic and Ilirjan Shehu.

Please use the contact box to direct questions or comments to the editors. You can also inquire about how to submit content for our events, data and working papers sections.