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Capitalists Rule. OK? A Commentary on Keith Dowding

Bibliographic Data

ID12701159
AuthorsBrian Barry (0000-0001-8597-0345, Columbia University, corresponding author)
Year2003
Volume2
Issue3
Pages323-341
Publication date2003-10-01
Open AccessYes
TypeARTICLE
VenuePolitics Philosophy & Economics (JOURNAL)
Journal identifiersISSN: 1470-594X • E-ISSN: 1741-3060
PublisherSAGE Publishing (PUBLISHER • US)
DOI10.1177/1470594x030023003
OpenAlexW2087162435
LanguageEN
Citations received7

In response to criticisms made by Keith Dowding (hereafter KD) of `Capitalists Rule OK', this article argues (1) that there is a genuine structural conflict of interest between consumers and producers, voters and politicians, and capitalists and governments, and (2) that only by ad hoc and arbitrary limitations on the scope of the concept of power can it be denied that consumers collectively have power over producers and capitalists (collectively) have power over government. KD accepts that voters (collectively) have power over governments. Ironically, however, this is by far the most tenuous and generally problematic of the three putative power relations. Furthermore, there is no plausible way of conceding that voters (collectively) have power over politicians without also having to accept the validity of a power relation in the other two cases. The implication is that the thesis that is supposed to justify the standard North American or western European politico-economic system, according to which consumers and voters have power but capitalists do not, is nothing more than ideology, in Marx's sense of a fantastical picture of the world designed by the beneficiaries of the status quo to protect their privileged positions against legitimate demands for revolutionary change. The article concludes by taking up KD's primary objection to `Capitalists Rule', which is its rejection of the proposal to equate power with resources. According to KD's official definition, `resources' are the means of raising and lowering others' utilities. I pointed out in `Capitalists Rule' that KD himself acknowledges the inadequacy of this definition, since he almost immediately goes on to say that people do not necessarily have the power that is attributed to them. Obviously, `power' in this new sense must be something different, and is, in fact, the ability to get people to do what you want them to do or to refrain from doing things you do not want them to do. This is precisely my own proposed definition in `Capitalists Rule'. The only remaining disagreement arises from KD's wish to turn everything that lies between power in his first sense and power in his second (and my) sense into a further `resource'. I argue that this is obfuscatory and, in any case, infeasible

Economics · Epistemology · Government (linguistics · Ideology · Law and economics · Nothing · Political economy · Political science · Politics · Power (physics · Relation (database · Scope (computer science · Sociology · Status quo · Computer Science · Law · Philosophy · Political Economy and Marxism

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    Open Access•Neil Rollings•Enterprise & Society•2021

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    Stephen Bell, Andrew Hindmoor•New Political Economy•2013

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    Open Access•William Bosworth•Journal of Theoretical Politics•2022

  • Luck, Systematic Luck and Business Power

    Open Access•Andrew Hindmoor, Josh Mcgeechan•Political Studies•2013

Citations per year0.5
Citation span2012 - 2022 (11)
Highly citedNo

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