Tag Archives: hierarchy

The Growth of Hierarchy and the Death of the Free Market

October 29, 2019

Originally published on Economics from the Top Down. Do you believe in free markets? Do you think that unfettered competition is the best way to organize society? If so, this post is intended to shake your faith. No, I’m not going to argue that free markets are bad. Instead, I’m going to show you some … Read More

Fix, ‘Energy, Hierarchy and the Origin of Inequality’

April 25, 2019

ABSTRACT Where should we look to understand the origin of inequality? I propose an unusual window of evidence — modern societies. I hypothesize that evidence for the origin of inequality is encoded in the institutional structure of industrial societies. To test this idea, I use a model to project modern trends into the past. This … Read More

No. 2017/02: Bichler & Nitzan, ‘Growing through Sabotage’

July 14, 2017

According to the theory of capital as power, capitalism, like any other mode of power, is born through sabotage and lives in chains – and yet everywhere we look we see it grow and expand. What explains this apparent puzzle of ‘growth in the midst of sabotage’? The answer, we argue, begins with the very … Read More

Fix, ‘Energy and Institution Size’

February 10, 2017

ABSTRACT Why do institutions grow? Despite nearly a century of scientific effort, there remains little consensus on this topic. This paper offers a new approach that focuses on energy consumption. A systematic relation exists between institution size and energy consumption per capita: as energy consumption increases, institutions become larger. I hypothesize that this relation results … Read More

No. 2014/02: Fix, “Rethinking Profit: How Redistribution Drives Growth”

April 7, 2014

Working Paper No. 2014/02 Blair Fix, “Rethinking Profit: How Redistribution Drives Growth” Using a combination of heterodox economics and biophysical analysis, this paper investigates the relationship between economic distribution and the growth of material throughput. Empirical results show that the growth of “useful work” correlates with redistribution towards pro fit. Furthermore, increases in energy consumption are correlated … Read More