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Video I put together that discusses how Dominant Capital (the Corporate State) is Creordering (Creating the Order) in our society ( conspiracy )

submitted 2016-11-07T18:16 by salvia_d

I recently started putting together some videos on the Mathematics of Economics and plan on building a whole series on personal finance and how the system works.

One thing I will be focusing on is the concept of Differential Accumulation and Capital as Power as introduced by Jonathan Nitzan and Shimshon Bichler. If you haven't heard of this work I highly recommend looking into it, it is the best model that I have seen that explains our current crony capitalistic system.

My latest video, which is a follow-up of a previous video is a good introduction to some of these concept. It's a 30 minute recap, review, and discussion:

ASMR Math: Differential Accumulation, Capital as Power, Resistance, Revolutions, Asymptotes and Creorder

One of the key passages that I reference in this video should resonate with many here, from "Capital as power: a study or order and creorder" (PDF) :

"We begin by defining historical society as a creation of order, or creorder – a word that connotes the paradoxical fusion of being and becoming, state and process, stasis and dynamism. The algorithm of the capitalist creorder is capitalization. This is the mechanism through which capitalist power is commodified, structured and restructured. The static architecture of this power is defined by differential capitalization. At any point in time, the distribution of capitalized values maps the division of power among the different owners. But the capitalist creorder compels owners not only to retain their power, but to try and augment it; not only to protect their differential capitalization, but to increase it through differential accumulation.

"The result is a strong gravitational force. This force – anchored in power rather than productivity – pulls the independent units of capital closer together. It causes them to join, coalesce and fuse into ever larger units. Eventually, it gives rise to tight constellations of large corporate–government alliances. These constellations constitute what we call dominant capital."

Let me know if you have any questions and I'll try my best to answer them.

Peace.

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