Encipia


Analysis: an Apple that just keeps on rising

Imagine Apple Inc. as a quintessentially huge machine fuelled by investment, converting labour into value and, via sales, into revenue and profit. John Egan looks beyond…



The Labour Theory of Value

In the works of 19th century political economists, the understanding of the nature of value is of major significance. The Labour Theory of Value is…




On sustainability and profit

What determines the sustainability of your commercial enterprise? What makes it profitable? An answer is in the balance of investment into innovation and production, writes…


The energy dissipative enterprise

Here we look into the commercial activities of an enterprise through a prism of energy dissipation to understand the conversion of investment into income. The…



How to be stretched like a rubber band

Standing in a local shopping centre, I am thinking, “What do I know?” It is Saturday afternoon in Meadowhall, Sheffield, in England’s north and its…