Liberto, Yuri Di2022-09-272022-09-272022Hype: The Capitalist Degree of Induced Participation. Di Liberto, Yuri. (2022). Review of Capital as Power. Vol. 2. No. 2. April. pp. 1-16. (Article - Journal; English).http://hdl.handle.net/10315/39748capital as power chreods epochal changes finance hype reward social paradigm* Winner of the 2022 RECASP Second Essay Prize * Power is usually considered as either a ‘positive’ or ‘negative’ construct, as in the power to force action versus the power to forbid it. This paper explores a hybridized approach to power based on the idea of ‘induced participation’. Building on Bichler and Nitzan’s theory of ‘capital as power’, I argue that capitalism reinforces its hold on society through the strategic use of ‘hype’. The idea is that capitalists counteract resistance by boosting confidence in the promise of reward, a process that can be better understood using the concept of hype.Hype: The Capitalist Degree of Induced ParticipationArticle