Discover and read the best of Twitter Threads about #capitalaspower

Most recents (2)

#CapitalAsPower, a framework from @BichlerNitzan, holds that companies don't seek to be as profitable as possible - but rather to accumulate as much POWER as possible. A company doesn't seek to be as big as possible, but rather, as dominant.

capitalaspower.com

1/ Two tough guy caricatures brandish clubs at one another; one
If you'd like an unrolled version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

pluralistic.net/2021/10/20/viz…

2/
There are two strategies for accumulating power: one is "breadth": to grow the market as much as possible, thus accumulating profits faster than the average competitor, eventually taking a commanding lead over the rest of the field.

3/
Read 21 tweets
Today I'm tweeting about @BichlerNitzan's buy-to-build indicator.

If you're not familiar, this is an indicator that quantifies the portion of 'investment' spent buying other corporations.

#buytobuild
#capitalaspower
Notice the scare quotes around 'investment'. To many people, 'investment' means to 'build new capacity'. Hence, governments are always chasing 'investment' dollars.

But here's the thing: 'investment' is purely about transferring property rights.
The word 'invest', @BichlerNitzan observe, has feudal origins. In feudal societies, 'investiture' was the "symbolic ceremony of transferring property rights from the lord to the vassal".

blairfix.github.io/capital_as_pow…
Read 25 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!