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Capital As Power
''Capital as Power: A Study of Order and Creorder'' is a 2009 book on economics by Jonathan Nitzan and Shimshon Bichler. The authors introduce what they describe as a "non-Marxist" account of capitalist society. Larudee wrote: The problem, these authors say, is that both Marxians and neoclassicals view capital as a purely economic concept, in that its value of capital is determined in production, yet they do not and cannot have any valid way of independently measuring the value of capital. In an interview with Piotr Dutkiewicz, Bichler stated " ..we argue that capitalism is best viewed not as a mode of production or consumption but as a mode of power." The summary of "capital as power" (CasP) as an economic outlook given in the ''Handbook of Alternative Theories of Political Economy'' is "capital as social power as represented in the monetary capitalisation of income-generating assets." Dualism of economics and politics ''Capital as Power'' documents, among other things, the neoc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economics
Economics () is a behavioral science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and interactions of Agent (economics), economic agents and how economy, economies work. Microeconomics analyses what is viewed as basic elements within economy, economies, including individual agents and market (economics), markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyses economies as systems where production, distribution, consumption, savings, and Expenditure, investment expenditure interact; and the factors of production affecting them, such as: Labour (human activity), labour, Capital (economics), capital, Land (economics), land, and Entrepreneurship, enterprise, inflation, economic growth, and public policies that impact gloss ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Absentee Owner
In economics, an absentee landlord is a person who owns and rents out a profit-earning property, but does not live within the property's local economic region. The term "absentee ownership" was popularised by economist Thorstein Veblen's 1923 book of the same name, ''Absentee Ownership''. Overall, tax policy seems to favour absentee ownership. However, some jurisdictions seek to extract money from absentee owners by taxing land. Absentee ownership has sometimes put the absentee owners at risk of loss. Ireland Absentee landlords were a highly significant issue in the history of Ireland. In the 16th and 17th centuries, much of Ireland's land was confiscated from Catholic landowners by the Crown during the plantations of Ireland and given to Protestant settlers from Great Britain. Many of these settlers and their descendants eventually moved back to Britain while continuing to own their Irish estates, renting them out to local tenants. In 1782, Anglo-Irish politician Henry Grattan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rate Of Return
In finance, return is a profit on an investment. It comprises any change in value of the investment, and/or cash flows (or securities, or other investments) which the investor receives from that investment over a specified time period, such as interest payments, coupons, cash dividends and stock dividends. It may be measured either in absolute terms (e.g., dollars) or as a percentage of the amount invested. The latter is also called the holding period return. A loss instead of a profit is described as a '' negative return'', assuming the amount invested is greater than zero. To compare returns over time periods of different lengths on an equal basis, it is useful to convert each return into a return over a period of time of a standard length. The result of the conversion is called the rate of return. Typically, the period of time is a year, in which case the rate of return is also called the annualized return, and the conversion process, described below, is called ''annualiz ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Battery (Manhattan)
The Battery, formerly known as Battery Park, is a public park located at the southern tip of Manhattan Island in New York City facing New York Harbor. The park is bounded by Battery Place on the north, with Bowling Green to the northeast, State Street on the east, New York Harbor to the south, and the Hudson River to the west. The park contains attractions such as an early 19th-century fort named Castle Clinton; multiple monuments; and the SeaGlass Carousel. The surrounding area, known as South Ferry, contains multiple ferry terminals, including the Staten Island Ferry's Whitehall Terminal; a boat launch to the Statue of Liberty National Monument (which includes Ellis Island and Liberty Island); and a boat launch to Governors Island. The park and surrounding area are named for the artillery batteries that were built in the late 17th century to protect the fort and settlement behind them. By the 1820s, the Battery had become an entertainment destination and promenade, wi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Agnes Denes
Agnes Denes (Dénes Ágnes; born 1931 in Budapest) is a Hungarian-born American conceptual artist based in New York. She is known for works in a wide range of media—from poetry and philosophical writings to extremely detailed drawings, sculptures, and iconic land art works, such as '' Wheatfield — A Confrontation'' (1982), a two-acre field of wheat in downtown Manhattan, commissioned by the Public Art Fund, and ''Tree Mountain—A Living Time Capsule'' (1992–96) in , Finland. Her work ''Rice/Tree/Burial with Time Capsule'' (1968–79) is recognized as one of the earliest examples of ecological art. She lives and works in New York City. Early life and career Born in Budapest, Hungary in 1931, her family survived World War II, the Nazi occupation, and moved to Sweden on their way to the United States. As a teenager, she created her first environmental/philosophical work, ''Bird Project,'' in Sweden, comparing migrating bird colonies to people — the migrants of the world. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Ownership
Private property is a legal designation for the ownership of property by non-governmental Capacity (law), legal entities. Private property is distinguishable from public property, which is owned by a state entity, and from Collective ownership, collective or cooperative property, which is owned by one or more non-governmental entities. Private property is foundational to capitalism, an economic system based on the private ownership of the means of production and their operation for Profit (economics), profit. As a legal concept, private property is defined and enforced by a country's political system. History The first evidence of private property may date back to the Babylonians in 1800 BC, as evidenced by the archeological discovery of Plimpton 322, a clay tablet used for calculating property boundaries; however, written discussions of private property were not seen until the Persian Empire, and emerged in the Western tradition at least as far back as Plato. Before the 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Deepwater Horizon
''Deepwater Horizon'' was an ultra-deepwater, Dynamic positioning, dynamically positioned, Semi-submersible platform, semi-submersible offshore drilling Oil platform, rig owned by Transocean and operated by the BP company. On 20 April 2010, while drilling in the Gulf of Mexico at the Macondo Prospect, a Blowout (well drilling), blowout caused an explosion on the rig that killed 11 crewmen and ignited a fireball visible from away. The fire was inextinguishable and, two days later, on 22 April, the ''Horizon'' collapsed, leaving the well gushing at the seabed and becoming Deepwater Horizon oil spill, the largest marine oil spill in history. Built in 2001 in South Korea by Hyundai Heavy Industries, the rig was commissioned by R&B Falcon (a later asset of Transocean), registered in Majuro, and leased to BP from 2001 until September 2013. In September 2009, the rig drilled the deepest oil well in history at a vertical depth of and measured depth of in the Tiber Oil Field at Kea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
De Beers
The De Beers Group is a South African–British corporation that specializes in the diamond industry, including mining, exploitation, retail, inscription, grading, trading and industrial diamond manufacturing. The company is active in open-pit, underground, large-scale alluvial and coastal mining. It operates in 35 countries, with mining taking place in Botswana, Namibia, South Africa, and Canada. It also has an artisanal mining business, Gemfair, which operates in Sierra Leone. From its inception in 1888 until the start of the 21st century, De Beers controlled 80% to 85% of rough diamond distribution and was considered a monopoly. By 2000, the company's control of the world diamond supply decreased to 63%. The company was founded in 1888 by British businessman Cecil Rhodes, who was financed by the South African diamond magnate Alfred Beit and the London-based N M Rothschild & Sons bank. In 1926, Ernest Oppenheimer, a German immigrant to Britain and later South Africa who ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
York University, Toronto
York University (), also known as YorkU or simply YU), is a public research university in Toronto, Ontario, Canada. It is Canada's third-largest university, and it has approximately 53,500 students, 7,000 faculty and staff, and over 375,000 alumni worldwide. It has 11 faculties, including the Lassonde School of Engineering, Schulich School of Business, Osgoode Hall Law School, Glendon College, and 32 research centres. York University was established in 1959 as a non-denominational institution by the ''York University Act'', which received royal assent in the Legislative Assembly of Ontario on 26 March of that year. Its first class was held in September 1960 in Falconer Hall on the University of Toronto campus with a total of 76 students. In the fall of 1961, York moved to its first campus at Glendon Hall (now part of Glendon College), which was leased from U of T, and began to emphasize liberal arts and part-time adult education. In 1965, the university opened a second campus, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
