Science Fair Project Encyclopedia
Late capitalism
Late capitalism is a term sometimes used to refer to capitalism of the late 20th century, generally with the implication that it will eventually end. 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 has been reproduced on the Marxists Internet Archive.
See also periodizations of capitalism.
10-26-2009 08:16:03
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The contents of this article is licensed from www.wikipedia.org under the GNU Free Documentation License. Click here to see the transparent copy and copyright details