
Late capitalism
by Ernest Mandel · first published 1975
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Late Capitalism by Ernest Mandel: https://www.versobooks.com/books/612-late-capitalism I haven't read it since undergrad, but he broke up the stages of capitalism in three parts, with the earliest being a free market…
on “Foxconn to Build $10B Factory in U.S” ↗…It has been a little while since I really had a firm hold on the theory but if you're interested in how it's applied to describe conditions of overproduction and overproduction crises, Ernest Mandel's Late Capitalism has a good analysis of the 1980s.
on “Cracking the Mystery of Labor's Falling Share of GDP” ↗…worker rights, namely. They don't actually profess to be against work, as far as the movement goes. Individuals may vary. Never the less, its clear doublespeak. [1]: Notably, a socialist. Wrote the book Late Capitalism (https://www.goodreads.com/en/book/show/931838) [2]: The term was then popularized by Fredic Jameson, another socialist, though his critique was centered around the culture of post modernism and capitalism…
on “Twitch to Cut 500 Employees, About 35% of Staff” ↗Ernest Mandel's "Late Capitalism" was published in 1975 (the year after I was born), to describe his present period.
on “Bitcoin is largely controlled by a small group of investors and miners” ↗