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Topic: Late capitalism


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In the News (Mon 4 Jun 12)

  
  Late capitalism - Wikipedia, the free encyclopedia
Late capitalism is a term sometimes used to refer to capitalism of the second half of the 20th century, generally with the implication that it is historically limited, and will eventually end.
Late capitalism is also an important component of Fredric Jameson's influential cultural analysis of postmodernism.
A related term is late bourgeois society as contrasted with early bourgeois society in the 17th and 18th century, and classical bourgeois society in the 19th and early 20th century.
en.wikipedia.org /wiki/Late_capitalism   (1090 words)

  
 Jason Berger: "Tethering the Butterfly: Revisiting Jameson's 'Postmodernism and Consumer Society' and the Paradox ...   (Site not responding. Last check: 2007-11-03)
Although Jameson extends and modifies his definitions of "postmodernism" and the Marxist conception of "late capitalism" in essays subsequent to "Postmodernism and Consumer Society," he does not return to the intriguing question that he poses at the end of his 1988 essay -- a question that is, arguably, central to exploring the concept of postmodernism.
It is, however, capitalism's response to this threat -- essentially a re-signification of deterritorialization -- that tends to mask the self-subverting elements of late capitalism.
Late capitalism can be seen as a new level of economic abstraction, which, in turn, affects people's thoughts and perceptions and creates postmodernism.
clogic.eserver.org /2004/berger.html   (4606 words)

  
 Economic Crisis and Crisis Theory-Paul Mattick.5
Capital sought to remedy this by introducing capitalistic methods of production, developing the plantation economy, introducing wage labor, and modernizing the extraction of raw materials, all of which required the export of capital to the colonies.
Capital thus has a direct interest in the enlargement of the total surplus value; at the same time, this need can only be satisfied through the expansion of the individual capitals.Each capital strives for the lowest cost price and the highest profit, without concern for the social consequences on the national or the international scale.
The expansion of capital confirms the existence of the average rate of profit through which the capitalist economy reproduces itself in conformity to its needs by means of the market mechanism; but at the same time, it increasingly destroys the necessary prerequisites of this process.
geocities.com /cordobakaf/ctheorye.html   (17948 words)

  
 Wikinfo | Capitalism   (Site not responding. Last check: 2007-11-03)
Much of the history of late capitalism involves what David Harvey called the "system of flexible accumulation" in which more and more things become commodities the value of which is determined by their exchange rather than by their use.
Although it is arguable whether these meanings the word "capitalism" of the same kind are somehow "equivalent" under someone's subjective notion of equivalence, for the sake of not making a straw man argument when accusing someone else to be a proponent of capitalism, these different concepts must be clearly distinguished.
Areas of capitalism or private ownership may remain in certain sectors (such as small businesses) under socialism, but industry and labor are regulated by the state for the benefit of the populace at large.
www.wikinfo.org /wiki.php?title=capitalism   (3989 words)

  
 postmodernism/logic of late capitalism
Thus after 1945 capitalism entered its third stage which had the effect of reorganizing international relations, decolonizing the colonies, and laying the groundwork for the emergence of a new global economic system.
Late captialist society creates an antisociety rather than a society, whose system and structure, let alone its reproduction of itself is a contradiction in terms.
Through capitalism and individualism the goal is not for individuals to pull together, but rather to compete, to atomize, to attain the gold medal at all costs.
www.emayzine.com /lectures/postmod.html   (1504 words)

  
 chap1_3   (Site not responding. Last check: 2007-11-03)
"Late" capitalism or "multinational" capitalism signified for the Frankfurt school "a tendential web of bureaucratic control and the interpenetration of government and big business such that Nazism and the New Deal are related systems" (Jameson, xviii).
Instead, capitalism has evolved in a different direction, and today's new period of capitalism is characterized by an international division of labor, a new, second and third world dynamic in stock exchanges and international banking, new forms of media interrelationships, computers, automation, global gentrification, and the flight of production to the third world.
Advanced capitalism is characterized by the colonization of these oppositional spaces, where one hardly thinks to critique the near ubiquitous intrusion of commodification and bureaucratization.
xroads.virginia.edu /~UG00/bergemann/chap1_3.html   (736 words)

  
 Capitalism - Wikipedia, the free encyclopedia
Capitalism generally refers to an economic system in which the means of production are mostly privately or corporately owned and operated for profit and in which distribution, production and pricing of goods and services are determined in a largely free market.
Karl Marx considered capitalism to be a historically specific mode of production (the way in which the productive property is owned and controlled, combined with the corresponding social relations between individuals based on their connection with the process of production) in which capital has become the dominant mode of production (Burnham).
Capital, according to Marx, is created with the purchase of commodities for the purpose of creating new commodities with an exchange value higher than the sum of the original purchases.
en.wikipedia.org /wiki/Capitalism   (6312 words)

  
 Discover the Wisdom of Mankind on capitalism   (Site not responding. Last check: 2007-11-03)
Karl Marx understood capitalism as an historically specific mode of production (the way in which the productive property is owned and controlled, combined with the corresponding social relations between individuals based on their connection with the process of production) in which capital has become the dominant means of production (Burnham).
In the period between the late 15th century and the late 18th century, much of Europe underwent a thoroughgoing economic transformation associated with the rise of capitalism and the shift from the town or the village to the modern state as the center of the economy.
Some problems claimed to be associated with capitalism by its critics include unfair distribution of wealth (and thus power), a tendency toward market monopoly or oligopoly or government by oligarchy, imperialism and other forms of human and economic exploitation, and phenomena such as social alienation, inequality, unemployment, and economic instability.
www.blinkbits.com /blinks/capitalism   (5207 words)

  
 chap1_4   (Site not responding. Last check: 2007-11-03)
As capitalism has changed, the trajectory for a Marxist reading and critique of the society it engenders must necessarily be modified.
Although capitalism has changed and the problem of exploitation of workers been largely solved by advancing from monopoly to late capitalism, no similarly obvious solution for the greater malaise of estrangement from one's work has been presented.
Capitalism is, by definition, a free market system wherein the value of products of labor, whether goods or services, are defined in terms of their capital worth.
xroads.virginia.edu /~UG00/bergemann/chap1_4.html   (427 words)

  
 rad_pol_praxis
First, “the academy” is the principal institution of “higher education” in contemporary late capitalist society and comprises the totality of colleges and universities established for this purpose.
Cultural intervention—cultural theory and cultural activism—is a crucial arena of radical struggle in late capitalism today, and yet in order for this intervention to be effectively enabling of revolutionary socialist ends and interests it must be ruthlessly critical rather than uncritically appreciative of all productions within late capitalist culture, including the productions of proletarian—and other—subcultures.
Fourth, the "populist" approach is one that attempts to turn the classroom into a direct space of emancipation, often by means of the teacher "renouncing" her authority and "giving" students the authority to determine the shape and direction of the course.
www.uwec.edu /ranowlan/rad_pol_praxis.html   (5737 words)

  
 Postmodernism as the Cultural Skin of Late Capitalism: Mapping and the Educational Challenge.   (Site not responding. Last check: 2007-11-03)
Postmodernism as the Cultural Skin of Late Capitalism: Mapping and the Educational Challenge.
Finally, because the greatest threat to a genuine democratic project, including education, is capitalism's direct and hegemonic power, any theory and practice of liberatory progressive education must be conducted within an anticapitalist framework.
However, because capitalism is the greatest threat to bona fide democracy, postmodernist though cannot be endorsed as an overall ally of liberative praxis and transformative politics.
www.eric.ed.gov /sitemap/html_0900000b801433a5.html   (196 words)

  
 Postmodernism or, The Cultural Logic of Late Capitalism by Fredric Jameson   (Site not responding. Last check: 2007-11-03)
This is surety one of the most plausible explanations for the emergence of postmodernism itself, since the younger generation of the 1960s will now confront the formerly oppositional modern movement as a set of dead classics, which “weigh like a nightmare on the brains of the living,” as Marx once said in a different context.
The topic of the lesson is, of course, the historical development of capitalism itself and the deployment of a specific bourgeois culture.
Everything in the previous discussion suggests that what we have been calling postmodernism is inseparable from, and unthinkable without the hypothesis of, some fundamental mutation of the sphere of culture in the world of late capitalism which includes a momentous modification of its social function.
www.marxists.org /reference/subject/philosophy/works/us/jameson.htm   (2689 words)

  
 Presidential Lectures: Fredric Jameson: Excerpts
Faceless masters continue to inflect the economic strategies which constrain our existences, but they no longer need to impose their speech (or are henceforth unable to); and the postliteracy of the late capitalist world reflects not only the absence of any great collective project but also the unavailability of the older national language itself.
These are market capitalism, the monopoly stage or the stage of imperialism, and our own, wrongly called postindustrial, but what might better be termed multinational, capital.
I have already pointed out that Mandel's intervention in the Postindustrial debate involves the proposition that late or multinational or consumer capitalism, far from being inconsistent with Marx's great nineteenth-century analysis, constitutes, on the contrary, the purest form of capital yet to have emerged, a prodigious expansion of capital into hitherto uncommodified areas.
prelectur.stanford.edu /lecturers/jameson/excerpts/postmod.html   (1082 words)

  
 Frankfurt School: Late Capitalism or Industrial Society? by Theodor Adorno 1968   (Site not responding. Last check: 2007-11-03)
Both are to be opposed; to this extent the theme of the Congress, late capitalism or industrial society, testifies to the methodological intent of self-critique out of freedom.
If one argued, on the grounds of interventionism and from the standpoint of large-scale planning, that late capitalism [consumer capitalism] has moved beyond the anarchy of commodity production and is therefore no longer really capitalism, the response must be that the social destiny of the particular within this latter is more contingent than ever before.
Such a reconfiguration of liberal capitalism has its correlate in the reconfiguration of consciousness, a regression of human beings behind the objective possibility, which today would be open to them.
www.marxists.org /reference/archive/adorno/1968/late-capitalism.htm   (5208 words)

  
 Challenging Late Capitalism, Neoliberal Globalization, & Militarism by Harry Targ (Book) in History
Up-to-date study of the key features of 'late capitalism,' especially in the U.S., and how it has been shaped by military budgets and globalization.
Through a Marxist materialist prism, 'Challenging Late Capitalism' reveals the causes of inequality rooted in the capitalist system built upon the exploitation of labor.Exploitation inevitably engenders class struggle that in turn foments a broad political culture carrying the seeds of transforming change.
The final chapters of Challenging Late Capitalism explore the historic and present day character of resistance to the oppressive nature of contemporary corporate-dominated society.
www.lulu.com /content/315778   (531 words)

  
 Postmodernism, or, the Cultural Logic of Late Capitalism
The approach to the present by way of the art language of the simulacrum, or of the pastiche of the stereotypical past, endows present reality and the openness of present history with the spell and distance of a glossy mirage.
I have already pointed out that Mandel's intervention in the postindustrial involves the proposition that late or multinational or consumer capitalism, far from being inconsistent with Marx's great 19th-century analysis, constitutes on the contrary the purest form of capital yet to have emerged, a prodigious expansion of capital into hitherto uncommodified areas.
It is appropriate therefore to recall the excitement of machinery in the preceding moment of capital, the exhilaration of futurism most notably, and of Marinetti's celebration of the machine gun and the motor car.
www.english.ilstu.edu /Strickland/etexts/jameson1.html   (6963 words)

  
 Roger : late capitalism or capitalism lately?   (Site not responding. Last check: 2007-11-03)
I would like to renew my objection to the term "late capitalism," so often bandied about in "post-"Marxist circles (whatever those are) these days.
No one has yet convinced me that capitalism today is so qualitatively different from capitalism in Marx's day as to merit a new moniker or a substantially different analysis.
That is not to say that it is the same in every detail, of course; between the increasing exploitation of the third world, the global movement of capital, the downfall of the Soviet bloc, and the advent of computerization, a lot of things work differently now than they did in a late-Victorian English mill town.
alum.hampshire.edu /~rb97/archives/latecapitalismorcapitalism.html   (245 words)

  
 Conference on Ernest Mandel's historical analysis of world capitalism
The Free University of Brussels, the International Institute for Social History and the Ernest Mandel Foundation are organizing a conference on Mandel's contribution to a 'satisfactory history of capitalism as a function of the inner laws of capital'.
The quantity of money capital accumulated in Moghul India for instance was probably no less than in Europe during the same period (Mandel 1971).
Mandel uses a 'periodization of capitalist development' in three phases: freely competitive capitalism, imperialism, and late capitalism.
www.iisg.nl /research/mandel.php   (1190 words)

  
 Postmodernism, or the Cultural Logic of Late Capitalism
But in that case it is also logical to reject moralizing condemnations of the postmodern and of its essential triviality, when juxtaposed against the utopian 'high seriousness' of the great modernisms: these are also judgements one finds both on the Left and on the radical Right.
Everything in the previous discussion suggests that what we have been calling postmodernisnl is inseparable from, and unthinkable without the hypothesis of, some fundamental mutation of the sphere of culture in the world of late capitalism, which includes a momentous modification of its social function.
For neither Marx nor Lenin was socialism a matter of returning to small (and thereby less repressive and comprehensive) systems of social organization; rather, the dimensions attained by capital in their own times were grasped as the promise, the framework, and the precondition for the achievement of some new and more comprehensive socialism.
www.english.ilstu.edu /Strickland/etexts/jameson2.html   (3414 words)

  
 DanKohn.com: Sex and Late Capitalism   (Site not responding. Last check: 2007-11-03)
Sure, life is simpler and more stable when people have very few options.
BTW, the faux historicism implied in “late capitalism” makes it one of my favorite phrases.
The news aggregator Bloglines is the web service I use most besides Google.
www.dankohn.com /archives/000294.html   (223 words)

  
 Postmodernism: or, The Cultural Logic of Late Capitalism   (Site not responding. Last check: 2007-11-03)
He has published widely on Marxism, literary theory, post-structuralism, and postmodernism.
His books include Marxism and Form, The Prison House of Language, The Political Unconscious, The Ideologies of Theory: Essays 1971-1986, Fables of Aggression, and Late Marxism: Adorno, or, The Persistence of the Dialectic.
Late Marxism: Adorno,or the Persistence of the Dialectic
www.versobooks.com /books/ghij/ij-titles/jameson_cultural_logic.shtml   (258 words)

  
 The cultural contradictions of late capitalism on Flickr - Photo Sharing!
The cultural contradictions of late capitalism on Flickr - Photo Sharing!
A BMW with a bumper sticker that reads "Capitalism is morally bankrupt."
Sign up for a free account, or sign in (if you're already a member).
www.flickr.com /photos/askpang/258239129   (99 words)

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