Jonathan Nitzan is Professor of Political Economy at York University, Toronto, Canada.
Nitzan is the co-author (with Shimshon Bichler) of Capital as Power: A Study of Order and Creorder, published 2009.
[1][2] Central to this theory is the concept of differential accumulation where firms strive to profit more by beating the average profit level.
Nitzan and Bichler share an intellectual legacy with institutional political economists such as Thorstein Veblen.
In particular, they share Veblen's explanation that business exists with the end of pecuniary (monetary) gain and not the accumulation of goods of consumption or of physical machines.