Online Encyclopedia
Late capitalism
Late capitalism is a term sometimes used to refer to capitalism of the late 20th century. According to the Marxist economist Ernest Mandel, late-stage capitalism will be dominated by the machinations - or perhaps better, fluidities - of finance capital .
Late capitalism is also an important component of Fredric Jameson's influential analysis of postmodernism. A section of Jameson's analysis http://www.marxists.org/reference/subject/philosophy/works/us/jameson.htm has been reproduced on the Marxists Internet Archive.
See also periodizations of capitalism
Last updated: 01-28-2005 02:25:01
Last updated: 02-18-2005 14:20:24